Page 122

- 77 Notes to Consolidated Financial Statements

General and administrative: Listing and filing fees (see Note 19) Taxes and licenses Service and professional fees Depreciation and amortization (see Notes 13 and 14) Utilities and rent Salaries and employees’ benefits (see Note 22) Sales and marketing Repairs and maintenance Insurance Travel and transportation Representation Supplies Communication Provision for impairment losses (see Note 7) Others

2013

2012

2011

P =143,883,692 112,271,170 82,944,133

P =25,560,609 84,166,411 50,517,266

P =21,917,985 33,155,586 36,645,639

45,764,508 38,188,634

44,530,696 39,127,195

15,477,187 48,607,672

29,697,264 17,040,322 10,533,042 5,013,360 2,453,977 2,112,160 1,993,893 883,330

16,473,982 11,909,147 5,716,301 3,343,382 1,034,360 1,601,894 1,785,260 674,136

19,192,190 24,841,530 7,113,401 799,398 1,589,866 647,806 1,206,783 365,146

– 42,286,851 P =535,066,336

1,147,070 16,605,522 =304,193,231 P

– 5,539,032 =217,099,221 P

2013 P =139,080,896

2012 =57,398,683 P

2011 =63,797,311 P

37,899,861 30,716,159

12,627,257 49,443,030

168,603 3,937,847

3,143,503

3,397,919

2,851,553

757,935 P =211,598,354

525,972 =123,392,861 P

651,667 =71,406,981 P

Details of interest expense and other finance charges: Long-term debt (see Note 17) Mortgage and other financing charges (see Note 17) Loans payable (see Note 16) Accretion of customers’ deposits (see Note 20) Obligation under finance lease (see Note 20)

22. Retirement Benefits Obligation The Group has an unfunded defined benefit plan covering all its regular employees. Benefits are computed using an amount equivalent to one-half month’s salary for every year of service, with six months or more of service considered as one year. The retirement benefit obligation is determined using the projected unit credit method.

122

Profile for Alphaland Corporate Communications

Alphaland Annual Report 2013  

Alphaland Annual Report 2013  

Profile for alphaland
Advertisement