Page 33 University of Technology, Jamaica Notes to the Financial Statements 31 March 2020 (expressed in Jamaican dollars unless otherwise indicated) 7. Expenses by Nature 2020 2019 $’000 $’000 Advertising 22,912 33,685 Auditors’ remuneration- prior year 7,360 - current year 15,867 5,044 Net impairment losses on financial assets 149,157 36,862 Ceremonies 43,466 45,844 Class material 52,257 86,600 Consultancy 56,346 72,052 Depreciation and amortisation (Notes 11,12 and 13) 343,163 323,045 Council member’s fees 4,180 4,659 Grants and contributions 204,456 237,097 Rental of space 8,685 23,941 Repairs and maintenance 36,820 32,398 Restaurant cost of goods sold 20,333 25,743 Security 117,431 114,517 Software costs 78,300 44,664 Specified projects 213,052 243,338 Staff costs (Note 8) 7,211,803 4,717,126 Stationery & office supplies 35,617 43,232 Subscriptions 120,080 69,616 Travel and subsistence 84,239 88,229 Utilities 467,914 466,831 Electrical and construction materials 94,775 120,432 Cleaning and sanitation 19,710 53,894 Other operating expenses 157,934 240,961 9,565,857 7,129,810 University of Technology, Jamaica 149
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