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Notes to the Financial Statements
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30 8.1.4 Office expenditure A full years running costs for the office in Malta were incurred, together with eight months for the office in Israel. 8.2 Exceptional items The Group incurred expenditure on exceptional items (as defined in accounting policy note 1.14). These are items which are both exceptional in size and nature. Year ended Year ended 31 Dec 31 Dec 2008 2007 d000’s c000’s Write-off of working capital loan to New Town Capital Limited (trading as Winzingo) 1,075 Termination and other costs associated with Board changes* 526 Professional fees associated with abortive take-over during the year 316 1,917 * c449k of which have been classified as personnel expenditure (see note 8.1.2) and c77k of expenditure was incurred in legal and recruitment costs. The costs underlying the working capital loan to New Town Capital Limited (trading as Winzingo) comprise: staff costs, marketing costs and office expenditure. The loan has been provided for as management do not consider this balance to be recoverable in the short term 9. FINANCIAL INCOME Year ended Year ended 31 Dec 31 Dec 2008 2007 d000’s c000’s Interest income 551 459