Construction Industry Council - Annual Report 2024

ANNUAL REPORT 2024 217 For the year ended 31 December 2024 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 9. STAFF COSTS 2024 2023 HK$ HK$ Salaries, wages and other benefits 606,744,251 523,486,420 Contributions to defined contribution retirement plan 24,586,746 22,826,633 631,330,997 546,313,053 10. GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses included: 2024 2023 HK$ HK$ Auditor’s remuneration 808,724 696,086 Impairment on property, plant and equipment 44,376,300 – Net losses on disposal of property, plant and equipment 982,040 143,525 Foreign exchange loss, net 1,615,558 – 11. RELIEF MEASURES FOR COVID-19 2024 2023 HK$ HK$ Allowance paid and other expense incurred to support workers under the Construction Industry Caring Campaign – Fight against Novel Coronavirus – 8,565,593 Other COVID-19 relief measures – 1,461,586 – 10,027,179