9. Profit for the year
2019 | 2018 | |
|---|---|---|
€m | €m | |
Profit for the year arrived at after charging: | ||
Depreciation of property, plant and equipment (note 13) | 27.5 | 21.9 |
Amortisation of intangible assets (note 14) | 0.2 | 0.2 |
Depreciation of right to use assets (note 15) | 9.1 | - |
Net depreciation cost | 36.8 | 22.1 |
Fuel | 49.3 | 48.2 |
Labour charges | 32.6 | 31.1 |
Port charges | 72.8 | 69.1 |
Other operating costs | 92.1 | 90.6 |
Operating costs | 246.8 | 239.0 |
Gains on disposal of property, plant and equipment | ||
Disclosed as non-trading item | (14.9) | (13.7) |
Disclosed as operating cost | (0.1) | (1.4) |
Foreign exchange (gains)/ losses | (0.2) | 0.3 |
Expenses relating to lease payments not included in the measurement of the lease liability | ||
Short term leases | 6.1 | - |
Variable lease payments | 0.6 | - |
Group Auditors’ remuneration: | €’000 | €’000 |
Total Group audit fee | 222.0 | 215.0 |
Audit of the subsidiary financial information | 26.5 | 26.5 |
Tax advisory services | 35.0 | 47.0 |
Other non-audit services | 1.5 | 1.5 |
285.0 | 290.0 |