77
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
6.
FINANCE COSTS
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Interest expense on:
Term loans
839,515
975,215
112,390
–
Hire purchase
271,881
401,074
–
–
Money market loan
92,478
75,045
–
–
Bank overdrafts
22,819
–
–
–
1,226,693
1,451,334
112,390
–
Amount owing to subsidiaries
–
–
79,030
77,823
1,226,693
1,451,334
191,420
77,823
7.
PROFIT BEFORE TAX
Profit before tax is arrived at after crediting/(charging) the following:
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Interest income from:
Subsidiaries
–
–
480,371
499,983
Third parties
321,630
170,055
199,399
131,927
Dividend income from subsidiaries
–
–
3,694,760
1,613,447
Reversal of impairment loss on
amount owing by subsidiaries
–
–
14,623
–
Writeback of allowance for impairment
losses on trade receivables
148,158
361,136
–
–
Gain on disposal of investment in
associates
2,945,303
–
–
–
Gain on dilution on investment in
subsidiaries
65,203
–
–
–
Gain/(Loss) on foreign exchange
- net:
Unrealised
1,215,953
(389,365)
(699,660)
(598,744)
Realised
790,733
165,685
23,975
1,869
(Loss)/Gain on disposal of property,
plant and equipment
(756,827)
55,727
1,200
–
Staff costs
(68,309,517)
(62,203,490)
(691,918)
(570,791)
Sub-contractor works
(89,630,245)
(20,637,799)
–
–
Depreciation of property,
plant and equipment
(18,423,125)
(18,744,297)
(19,697)
(20,270)
