Page 54 - Hardide-Annual-Report-2021
P. 54

  54 Notes to the Group Financial Statements
3. OPERATING LOSS
This is stated after charging / (crediting):
Auditor’s remuneration
fees payable to the Company’s current auditor for: - the audit of the Group’s accounts
- fees payable for tax compliance
Cost of inventory recognised as an expense Research and development
Income from grants
Share option expense
Depreciation and amortisation - owned assets
- right of use assets
Exchange differences
2021 £ ‘000
35 7 1,006 501 (205) 202 854 280 23
2020 £ ‘000
16 3 1,147 526 (318) 86 477 288 28
            Income from grants includes $149,000 (£108,000) received from the US Small Business Association’s Paycheck Protection Programme. This loan has been forgiven during the year and does not require repayment. The Group has also utilised the Government’s Coronavirus Job Retention Scheme during the year, and income from grants includes £76,000 received under this scheme.
Share based payments were included within administrative overheads in the prior year. For the current year, these have been disclosed separately on the face of the consolidated statement of comprehensive income under exceptional items as the Directors consider the expense to be of significance to the reporting of the financial performance of the Group. There are no changes to the Operating Loss previously reported.
4. FINANCE INCOME
Interest on bank deposits
5. FINANCE COSTS
Interest on loans
Interest on right of use assets
2021 £ ‘000
3
2021 £ ‘000
17 87 104
2020 £ ‘000
11
2020 £ ‘000
12
91 103
       


































































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