160
18 PROPERTY EXPENSES (CONT’D)
(c)
Sales and marketing expenses
HBT Group
H-REIT Group
Stapled Group
2015
2014
2015
2014
2015
2014
$’000
$’000
$’000
$’000
$’000
$’000
Employee benefits expenses
468
168
–
–
468
168
Sales and marketing
department expenses
1,206
1,024
–
–
1,206
1,024
1,674
1,192
–
–
1,674
1,192
Employee benefits expenses comprise:
HBT Group
H-REIT Group
Stapled Group
2015
2014
2015
2014
2015
2014
$’000
$’000
$’000
$’000
$’000
$’000
Salaries
312
110
–
–
312
110
Staff welfare and benefits
156
58
–
–
156
58
468
168
–
–
468
168
19 H-REIT MANAGER’S FEES
Included in the H-REIT Manager’s fees is an aggregate of 6,921,908 (2014: 6,462,785) Stapled Securities, amounting to
approximately $10,210,000 (2014: $10,917,000), 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, at unit prices ranging from $1.3084 to $1.7356
(2014: $1.6248 to $1.7357) per Stapled Security.
20 OTHER TRUST EXPENSES
Included in other trust expenses are the following items:
HBT Group
H-REIT Group
Stapled Group
2015
2014
2015
2014
2015
2014
$’000
$’000
$’000
$’000
$’000
$’000
Audit fees paid to:
- auditors of H-REIT/HBT
121
54
280
308
401
362
- other auditors
44
–
12
12
56
12
Non-audit fees paid to:
- auditors of H-REIT/HBT
70
5
63
68
133
73
- other auditors
670
14
293
242
963
256
NOTES TO THE FINANCIAL STATEMENTS