UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
UOB Annual Report 2002 - United Overseas Bank
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Notes to the Financial Statements<br />
for the financial year ended 31 December <strong>2002</strong><br />
10 Other Operating Expenses<br />
The Group<br />
The <strong>Bank</strong><br />
<strong>2002</strong> 2001 <strong>2002</strong> 2001<br />
$'000 $'000 $'000 $'000<br />
Depreciation of fixed assets 114,536 96,119 80,608 47,053<br />
Rental of premises and equipment 50,059 43,607 55,785 35,115<br />
Maintenance of premises and other assets 46,472 34,884 33,263 17,235<br />
Other expenses of premises 32,506 31,607 18,755 14,441<br />
Fees paid/payable to PricewaterhouseCoopers Singapore:<br />
Audit fees<br />
Current year 1,614 2,226 836 668<br />
Prior year (over)/underprovision (244) 255 (5) 193<br />
1,370 2,481 831 861<br />
Other fees* 704 773 208 660<br />
Less: Amount capitalised in cost of acquisition of OUB – 500 – 500<br />
Amount charged to the results for the financial year 704 273 208 160<br />
Audit fees paid/payable to other auditors including<br />
other member firms of the worldwide<br />
PricewaterhouseCoopers organisation 900 1,245 312 210<br />
Other expenses 291,076 220,970 228,637 143,997<br />
537,623 431,186 418,399 259,072<br />
* Include fees in respect of audit-related work required by laws and regulations.<br />
108
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