Notes to the Financial Statements
2.6 Other operating expenses
Consolidated 1
Company
2024 2023 $'000 $'000 $'000 $'000 Restated 2023 2024
Administration expenses Administration expenses Total administration expenses
13,956
11,797
1,803 1,803
1,549 1,549
13,956 11,797
Employee costs and directors' fees Employee expenses
— — — —
—
18
— —
Share based payments
— (109) — 497 — 406
Directors’ fees
660 660
Total employee costs and directors’ fees
Other expenses Impairment losses on investments in subsidiaries
— —
— 3,842 — 3,842
— —
Total other expenses
13,956 11,797
6,051
2,209
Total operating expenses
1 The consolidated other operating expenses are included as part of the insurance service and other expenses. Refer to section 5.3.2 for detail. Consolidated Company 2024 2023 2024 2023 $'000 $'000 $'000 $'000 Restated Finance costs Interest expenses 9,235 7,242 9,235 7,242 Other finance costs 937 1,001 795 820 Total finance costs 10,172 8,243 10,030 8,062
Consolidated
Company
2024
2023
2024
2023
$
$
$
$
Remuneration of auditors Auditor of the parent entity Audit and review of financial reports Audit of APRA and ASIC regulatory returns Audit of Managed Investment Schemes Total remuneration for audit services
925,808 466,000 235,768 140,000
76,232 200,205 89,856 116,000
— —
— —
1,091,896 782,205 235,768 140,000
Other non-audit services - other assurance and agreed-upon procedures under other legislation or contractual agreements
5,200 57,000 5,200 2,000
— 818,000
—
—
Other non-audit services - consulting 1 Total remuneration for non-audit services
5,200 875,000 5,200 2,000 1,097,096 1,657,205 240,968 142,000
Total remuneration
1 This relates to the AASB 17 consulting services provided before Ernst & Young was appointed as ClearView’s auditors.
100
ClearView Annual Report 2024
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