Page 65 - Housing Solutions Annual Report
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7. Operating Surplus
Group Group
2020 2019
£’000 £’000
Operating surplus is stated after charging/(crediting):
Depreciation
- housing stock 5,883 5,341
- other assets 443 422
- surplus on disposal of other tangible fixed assets - -
Amortisation of intangible assets 247 227
Operating lease rentals:
- hire of motor vehicles 22 32
- office equipment 15 21
Auditor’s remuneration
- for audit purposes
- parent 94 31
- subsidiaries 9 9
- Total 103 40
- for non-audit purposes
- tax compliance 9 7
Internal Auditor’s remuneration 40 41
Group and Association
8. Gain/(Loss) on Sale of Fixed Assets
Housing Housing
properties Other Assets properties Other Assets
2020 2020 2019 2019
£’000 £’000 £’000 £’000
Disposal proceeds 1,168 - 3,201 -
Cost of sales (administration) (29) - (25) -
Carrying value of fixed assets (767) - (2,016) (486)
Gain/(Loss) on sale of fixed assets 372 - 1,160 (486)
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