Excel Force MSC Berhad Annual Report 2015

NOTES TO THE FINANCIAL STATEMENTS 31 December 2015 (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 5 88 22. REVENUE Group Company 2015 2014 2015 2014 RM RM RM RM Application solutions: - Software 6,914,293 3,835,044 4,751,942 3,170,524 - Hardware 716,195 409,160 716,195 409,160 Maintenance services 1,968,149 1,702,896 1,924,834 1,681,154 Application service provider 15,681,358 15,926,961 14,397,652 15,195,140 25,279,995 21,874,061 21,790,623 20,455,978 23. COST OF SALES Group Company 2015 2014 2015 2014 RM RM RM RM Hardware sold 704,849 378,723 704,849 378,723 Amortisation of product development costs (Note 8) 1,429,000 996,119 1,055,332 778,826 Project costs 1,229,064 359,318 1,819,327 960,099 Data centre and line expenses 1,243,387 1,276,691 1,231,964 1,271,205 Direct technical staff costs 2,634,900 3,036,615 1,601,119 2,641,004 License fees 306,458 230,517 155,226 170,961 Other expenses 883,771 220,027 115,234 98,896 8,431,429 6,498,010 6,683,051 6,299,714 24. FINANCE COSTS Group Company 2015 2014 2015 2014 RM RM RM RM Interest expense on: Hire purchase liabilities 597 7,528 597 7,528 Finance lease liabilities - 1,348 - 1,348 Term loan - 916 - 916 597 9,792 597 9,792