Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Loss for the Period

v3.21.1
Loss for the Period
12 Months Ended
Jan. 31, 2021
Loss For Period  
Loss for the Period
7 Loss for the Period

 

The loss for the period was derived after charging/(crediting):

 

    For the Year Ended 31
January 2021
NZ$000’s
   

For the Year

Ended 31

January 2020

NZ$000’s

   

For the Year Ended 31 January 2019

NZ$000’s

 
                   
Staff costs (see note 10)1     30,175       28,009       31,380  
Depreciation of property, plant and equipment (see note 18)     1,098       1,338       2,151  
Depreciation of right-of-use assets (see note 19)     7,144       8,676       -  
Amortisation of acquired intangibles (see note 20)2     458       589       231  
Impairment of Plant and equipment (see note 18)     341       491       281  
Impairment of right-of-use assets (see note 19)     1,221       -       -  
Impairment of intangible assets (see note 20)     3,333       8,413       7,892  
Loss on disposal of property, plant and equipment     134       322       232  
Other income                        
- Proceeds from Government wage subsidies     (2,878 )     -       -  
- Rent concessions received     (1,345 )     -       -  
Brand transition, restructure and transaction expense                        
- Transaction expenses     3,009       9,597       9,267  
- Agreed settlement of debt     5,701       -       -  
- Contract termination costs     2,175       4,696       -  
Operating lease rentals                        
- Land and buildings     -       -       9,236  
- Other     -       -       524  
Gain on sale of intangible assets     -       (906 )     -  
Auditor’s remuneration (note 11)     743       679       1,050  

 

 

1 Staff costs include an accrual of $11.6m for phantom warrants which has been recognised in the brand transition, restructure and transaction expense line in the consolidated statement of profit or loss and other comprehensive income

2 Amortisation charges on the Group’s intangible assets are recognised in the administrative expenses line of the consolidated statement of profit or loss and other comprehensive income.