137
AirAsia X Berhad • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2014
6
OTHER OPERATING EXPENSES
The following items have been charged/(credited) in arriving at other operating expenses:
Group
Company
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Management fee
-
-
3,508
2,972
Rental of land and buildings
3,986
2,025
3,839
1,956
Auditors’ remuneration
- Statutory audit
358
340
341
324
- Audit related services
(1)
-
4,475
-
4,475
- Non-audit fees
331
-
331
-
Rental of equipment
327
296
327
296
Net foreign exchange loss/(gain) on operations
- Realised
31,565
(744)
31,565
(744)
- Unrealised
12,168
(15,816)
12,204
(15,754)
Sponsorship expenses
949
142
949
142
Advertising expenses
68,565
67,460
69,066
67,729
Credit card charges
36,068
25,808
36,068
25,808
In-flight meal expenses
29,813
21,389
29,813
21,389
Insurance expenses
16,620
13,204
16,260
13,204
Penalty on early termination of term loan
13,362
-
13,362
-
Impairment of receivables
1,509
552
1,509
552
Property, plant and equipment written off
4,890
-
4,890
-
(1)
Fees incurred in connection with the role as reporting accountant in relation to the Listing of the Company.
7
OTHER INCOME
Group
Company
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Gain on disposal of aircraft and engine pursuant to sales and leaseback arrangements
121,257
-
121,257
-
Others
69,487
20,401
69,487
20,401
190,744
20,401
190,744
20,401
Other income (‘others’) includes concession received from supplier, commission received from advertising activities and marketing incentives received from certain airport
authorities.
8
OTHER (LOSS)/GAIN
Other (loss)/gain represent the unrealised (loss)/gain arising from fuel contracts held for trading.
