8. Operating Profit
2018 | 2017 | |
€’000 | €’000 | |
Operating Profit has been arrived at after charging/(crediting): | ||
Depreciation (see note 11) | 9,524 | 9,490 |
Amortisation of intangible assets (see note 12) | 75 | 72 |
Amortisation of capital grants (see note 20) | (542) | (542) |
Surplus on revaluation of investment properties (see note 6) | (600) | (1,600) |
Impairment gain on trade receivables | 7 | - |
Profit on disposal of tangible assets (see note 6) | (18) | (307) |
Auditors remuneration:
Remuneration (including expenses) for the statutory audit and other services carried out by the Company’s auditors is as follows:
2018 | 2017 | |
€’000 | €’000 | |
Audit of entity financial statements | 43 | 42 |
Other assurance services | 14 | 14 |
Other non-audit services | 184 | - |
Tax advisory services | 25 | 3 |
266 | 59 |
External Support and Specialist Advisory Costs
2018 | 2017 | |
€’000 | €’000 | |
Legal Advice | 333 | 308 |
Tax and Financial Advisory | 100 | 102 |
Public Relations/Marketing | 210 | 277 |
Pension and Human Resources | 285 | 262 |
Engineering | 1,251 | 509 |
Environmental | 720 | 46 |
Other | 266 | 273 |
Total Costs charged to the Profit and Loss Account | 3,165 | 1,777 |
Costs Capitalised | 7,483 | 7,507 |
Costs charged to the Profit and Loss Account | 3,165 | 1,777 |
Total Costs | 10,648 | 9,284 |
Legal Costs and Settlements
2018 | 2017 | |
€’000 | €’000 | |
Settlements Paid | 57 | 78 |
Settlements Received | (23) | (20) |
Total | 34 | 58 |
Travel and Subsistence Expenditure
2018 | 2017 | |
€’000 | €’000 | |
Domestic | ||
- Board | 3 | - |
- Employees | 20 | 8 |
International | ||
- Board | - | 7 |
- Employees | 138 | 116 |
Total | 161 | 131 |
Hospitality Expenditure
2018 | 2017 | |
€’000 | €’000 | |
Staff Hospitality | 123 | 94 |
Client Hospitality | 158 | 120 |
Total | 281 | 214 |
