Page 86 - JTC-Annual Report-2025-Eng
P. 86
JTC Logistics Transportation & Stevedoring Company K.S.C.P
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
As at December 31, 2025
(All amounts are in Kuwaiti Dinars)
17. OPERATING COSTS
2025 2024
Staff costs 6,624,200 6,298,859
Depreciation (Note 6) 5,555,617 5,087,451
Motor vehicle consumables and maintenance (i) 4,335,683 4,009,479
Sub-contract costs 429,548 475,210
Stevedoring incentive and commission 1,970,422 1,346,165
Amortization of right-of-use assets (Note 7) 673,060 650,447
Others 1,435,188 1,489,709
21,023,718 19,357,320
(i) Motor vehicle consumables and maintenance includes an amount of KD 2,800,507 (2024: KD 2,493,498)
that represents spare parts and other consumables utilized from inventories.
18. GENERAL AND ADMINISTRATIVE EXPENSES
2025 2024
Staff costs 1,839,821 1,614,260
Communication, consultancy and repair and maintenance
expenses 599,135 443,746
Domestic Minimum Top-Up Tax (Note 20) and (Note 22) 451,760 -
Depreciation (Note 6) 248,555 226,109
Others 756,614 562,658
3,895,885 2,846,773
83 JTC LogisTiCs TransporTaTion & sTevedoring Company K.s.C.p.
