Page 317 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 315
Annual Report 2021/22

43. Expenses by nature
Significant expenses by nature are as follows:

(Unit: Thousand Baht)
Consolidated f nancial statements Separate f nancial statements
2022 2021 2022 2021
Salaries, wages and other benefits 2,571,538 2,215,166 439,307 344,859
Depreciation and amortisation 871,241 811,257 172,484 175,536
Consultation, project management and professional fee 516,479 502,503 284,808 334,002
Repair and maintenance expenses 530,636 488,975 25,842 25,923
Utility expenses 392,232 372,064 24,981 21,049
Concession fee 332,706 42,666 - -
Contract works 13,847,783 24,359,567 - -
Advertising and promotional expenses 349,868 231,687 62,087 18,804
Loss on asset impairment - 194,811 1,925,180 5,272,976
Loss on sales of investments in subsidiary and associates - - 175,621 -

44. Income tax
Income tax for the years ended 31 March 2022 and 2021 are made up as follows:

(Unit: Thousand Baht)
Consolidated Separate
f nancial statements f nancial statements
2022 2021 2022 2021
Current income tax:
Current income tax charge (1) 1,186,822 1,564,264 - 118,615
Deferred tax:
Relating to origination and reversal of temporary differences 27,380 362,776 (168,250) 223,100
Income tax expense (benef t) reported in the statement of income 1,214,202 1,927,040 (168,250) 341,715

(1) For tax perspective, the sale of future net fare box revenues was treated as borrowing from BTSGIF as discussed in Note 1.2.1 a) to the financial statements. Therefore, in calculating corporate income
tax, the subsidiary (BTSC) calculates based on fare box revenues, expenses and interest expenses based on the borrowing in accordance with tax legislation.