Creative 2014 Annual Report Download - page 34
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CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2014
5. EMPLOYEE COMPENSATION
Group
2014 2013
US$’000 US$’000
Wages and salaries 37,442 46,481
Employer’s contribuon to dened contribuon plans
including Central Provident Fund 3,327 3,514
Terminaon benets 2,168 –
Employee share-based expense (Note 24) (437) (12)
42,500 49,983
6. OTHER INCOME
Group
2014 2013
US$’000 US$’000
Interest income 225 240
Dividend income – 203
225 443
7. OTHER GAINS, NET
Group
2014 2013
US$’000 US$’000
Gain on disposal of nancial assets, available-for-sale 18 2,835
Gain on disposal of investments in subsidiaries – 26,750
(Loss) gain on disposal of property and equipment (1) 707
Impairment loss of nancial assets, available-for-sale (Note 15) (972) (2,288)
Currency translaon gain (loss) 2,221 (629)
Write-back of provisions for obligaons upon nalisaon with vendors 1,503 770
Other gains 260 32
3,029 28,177
Gain on disposal of investments in subsidiaries of US$26,750,000 as at 30 June 2013 relates to the divestment of ZiiLABS
Limited, a wholly-owned subsidiary in the United Kingdom, for a cash consideration of US$31,241,000.