Ascendas India Trust - Annual Report 2016 - page 176

NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 March 2016
4. Revenue
2016 2015
$’000 $’000
Fund management fee from a-iTrust 4,950 4,181
Trustee fee from a-iTrust 194 165
Performance fee from a-iTrust 3,559 2,925
Acquisition fee from a-iTrust 676 351
9,379 7,622
5. Other income
Other income comprise the following:
2016 2015
$’000 $’000
Dividend income from a-iTrust 1,758 1,393
Government grant 1 –
1,759 1,393
6. Employee compensation
2016 2015
$’000 $’000
Salaries, wages and employee benefits 2,044 1,983
Employer’s contributions to defined contribution plans including Central Provident Fund 98 115
2,142 2,098
7. Other operating expenses
Other operating expenses comprise the following:
2016 2015
$’000 $’000
Professional fees
– related company 514 289
– non-related parties 26 47
Travel expenses 224 280
Communication expenses 38 51
Insurance 31 55
Directors’ fees 886 887
Rental expenses paid to a related company 104 72
Others 45 62
1,868 1,743
.174 ASCENDAS india trust ANNUAL REPORT 2015/2016