Page 148 - Neal and Massy Holdings Annual Report 2012

146 2012
28 Operating Profit Before Finance Costs (continued)
Selling, general and administrative expenses include the following:
2012 2011
$ $
Administration staff costs 717,037 681,808
Depreciation 100,028 117,222
Impairment of goodwill 12,135 11,037
Directors’ fees 2,579 2,168
Operating lease rentals 49,325 43,821
Administrative staff costs:
Continuing operations 717,037 681,808
Transferred to disposal group classified as held for sale - 35,917
717,037 717,725
Depreciation:
Continuing operations 100,028 117,222
Transferred to disposal group classified as held for sale - 1,103
100,028 118,325
29 Staff costs
2012 2011
$ $
Continuing operations:
Wages and salaries and termination benefits 868,644 834,391
Share options granted to directors and employees - 85
Pension costs 23,249 20,704
891,893 855,180
Transferred to disposal group classified as held for sale:
Wages and salaries and termination benefits - 117,626
Pension costs - 214
- 117,840
NOTES TO THE Consolidated FINANCIAL STATEMENTS
September 30, 2012
Expressed in Thousands of Trinidad and Tobago dollars