1086 AnnRep-Investment S04-3 - Pumpkin Patch investor relations

PUMPKIN PATCH LIMITED & SUBSIDIARIESNOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTSFOR THE 12 MONTHS ENDED 31 JULY 2004 (CONTINUED)2. Operating Profit before Income TaxThe operating profit before taxation is stated after charging/(crediting):GroupParent12 months 7 months 12 months 7 months31 July 2004 31 July 2003 31 July 2004 31 July 2003$000 $000 $000 $000Depreciation:- Leasehold improvements 286 28 51 -- Computer equipment 740 415 483 214- Shop fitouts 4,765 2,488 - -- POS equipment 147 48 - -- Plant and machinery 487 282 394 238- Office equipment 96 53 42 25- Motor vehicles 14 14 - 8- Furniture and fittings 893 493 70 57Total Depreciation 7,428 3,821 1,040 542Foreign currency (gains)/losses 1,849 1,413 (44) 75Rental and operating lease costs 24,343 12,256 1,792 1,041Bad debts written off 77 - - -Interest expense 2,777 1,871 198 239Gain on sale of property plant and equipment (11) (17) (15) (17)Dividends received - - (5,273) (1,801)Interest received (153) - (112) (5)Amortisation expense 51 30 - -Directors’ fees 176 118 176 118Donations 88 66 31 -Audit fees (PricewaterhouseCoopers)Statutory audit 125 103 125 30Half year audit 80 - 80 -Other auditors - 24 - -Other services:PricewaterhouseCoopers - 26 - 26Fees amounting to $246,250 were also paid to PricewaterhouseCoopers for services provided to the Group relating directly to the share issue.These costs were deducted from share capital. Refer to note 4.37