78
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
7.
PROFIT BEFORE TAX (CONT’D)
Profit before tax is arrived at after crediting/(charging) the following: (Cont’d)
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Directors’ remuneration:
Fees:
Executive Directors
(30,930)
–
–
–
Non-executive Directors
(130,402)
(130,398)
(130,402)
(130,398)
Salaries and other emoluments:
Executive Directors
(3,038,700)
(2,654,539)
(90,710)
(82,679)
Auditors’ remuneration
- current year
(569,168)
(602,187)
(77,000)
(74,000)
Property, plant and equipment
written off
(325,553)
(149,714)
–
–
Loss on disposal of asset held
for sale
–
(134,425)
–
–
Allowance for impairment loss on
plant and equipment
(963,857)
–
–
–
Allowance for impairment losses
on receivables
(823,534)
(1,199,949)
–
–
Impairment loss on investment
in subsidiaries
–
–
(215,187)
–
Allowance for impairment loss
on inventories
(937,972)
–
–
–
Bad debts written off
(427,195)
(1,421,170)
–
–
(a)
Staff costs
Staff costs include salaries, bonuses, contributions to statutory defined contribution plans, defined
benefits plan and all other staff related expenses. Contributions to statutory defined contribution plans
and defined benefits plan, included in staff costs, made by the Group and by the Company during the
financial year are as follows:
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Defined contribution plan
4,020,555
3,711,726
82,257
67,930
Defined benefits plan
361,884
101,416
–
–
