Page 53 - AL MAHA ENG AR-2020.indd

ANNUAL REPORT 2020

Financial Statements for the year ended 31 December 2020
Notes to the financial statements

20. OTHER INCOME
2020 2019

RO’000 RO’000
Reimbursement of transportation costs 2,239 2,226
Interest income 916 610

Reimbursement of manpower costs 663 490
Rental income from filling stations and others 503 550
Rent concessions 228 --
Rental income from investment properties [note 6 a)] 121 102

Provision for slow and non-moving inventories written back (note 9) -- 95
Provisions no longer required 82 170
Others 155 62

4,907 4,305

21. OPERATING AND ADMINISTRATION EXPENSES
2020 2019

RO’000 RO’000
Transportation 3,803 4,936
Filling stations operating expenses 2,299 2,052
Maintenance expenses 1,722 1,914
License fees 999 1,637

Allowance for expected credit losses on financial assets [notes 8 a), 769 1,365
10 b) and 11]
Technical fees 450 1,875
Rent and utilities 329 374

Social responsibility expenses 229 36
Bank charges 213 266
Impairment of capital work in progress (note 5) 200 --
Municipal fees and taxes 112 89
Legal and consultancy expenses 108 291

Marketing expenses 101 161
Amortisation of contract assets [note 8 a)] 82 10
Directors’ remuneration and sitting fees [note 18 a)] 51 162
Provision for slow and non -moving inventories (note 9) 50 --

Impairment of contract assets -- 56
Others 170 187
11,687 15,411

48