CDL Hospitality Trusts - Annual Report 2014 - page 143

141 ANNUAL REPORT 2014
18 PROPERTY EXPENSES (CONT'D)
(c) Sales and marketing expenses
HBT Group H-REIT Group Stapled Group
2014 2013 2014 2013 2014 2013
$’000 $’000 $’000 $’000 $’000 $’000
Employee benefits expenses 168 – – – 168 –
Sales and marketing
department expenses 1,024 – – – 1,024 –
1,192 – – – 1,192 –
Employee benefits expenses comprise:
HBT Group H-REIT Group Stapled Group
2014 2013 2014 2013 2014 2013
$’000 $’000 $’000 $’000 $’000 $’000
Salaries 110 – – – 110 –
Staff welfare and benefits 58 – – – 58 –
168 – – – 168 –
19 H-REIT MANAGER’S FEES
Included in the H-REIT Manager’s fees is an aggregate of 6,462,785 (2013: 5,726,864) Stapled Securities, amounting
to approximately $10,917,000 (2013: $9,924,000), that have been or will be issued to the H-REIT Manager as
satisfaction of the H-REIT Manager’s management fees payable in Stapled Securities and acquisition fee in relation
to the Japan Hotels, at unit prices ranging from $1.6248 to $1.7357 (2013: $$1.5886 to $2.0561) per Stapled Security.
20 OTHER TRUST EXPENSES
Included in other charges are the following items:
HBT Group H-REIT Group Stapled Group
2014 2013 2014 2013 2014 2013
$’000 $’000 $’000 $’000 $’000 $’000
Audit fees 54 – 320 283 374 283
Non-audit fees paid to:
- auditors of the
H-REIT/ HBT Group 5 2 68 105 73 107
- other auditors 14 – 242 188 256 188
NOTES TO THE FINANCIAL STATEMENTS