NOTES TO THE FINANCIAL STATEMENTS
31 December 2014
(cont’d)
E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 4
86
22. REVENUE
Group
Company
2014
2013
2014
2013
RM
RM
RM
RM
Application solutions:
- Software
3,835,044
2,465,030
3,170,524
2,408,269
- Hardware
409,160
1,355,541
409,160
1,355,542
Maintenance services
1,702,896
2,489,609
1,681,154
2,486,309
Application service provider
15,926,961
14,315,654
15,195,140
13,828,359
21,874,061
20,625,834
20,455,978
20,078,479
23. COST OF SALES
Group
Company
2014
2013
2014
2013
RM
RM
RM
RM
Hardware sold
378,723
1,255,958
378,723
1,255,958
Amortisation of product
development costs (Note 8)
996,119
969,880
778,826
810,942
Amortisation of intangible assets
-
50,500
-
50,500
Project costs
359,318
618,773
960,099
649,833
Data centre and line expenses
1,276,691
1,039,885
1,271,205
1,033,318
Direct technical staff costs
3,036,615
2,310,394
2,641,004
2,172,238
License fees
230,517
259,480
170,961
215,710
Other expenses
220,027
70,532
98,896
54,618
6,498,010
6,575,402
6,299,714
6,243,117
24. FINANCE COSTS
Group
Company
2014
2013
2014
2013
RM
RM
RM
RM
Interest expense on:
Hire purchase liabilities
7,528
16,132
7,528
16,132
Finance lease liabilities
1,348
24,876
1,348
24,876
Term loan
916
-
916
-
9,792
41,008
9,792
41,008
