Frontken Berhad Annual Report 2020

Annual Report 2020 89 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Notes to the Financial Statements (cont’d) 8. PROFIT BEFORE TAX Profit before tax is arrived at after crediting/(charging) the following:- The Group The Company 2020 2019 2020 2019 RM RM RM RM Interest income from third parties 1,249,835 1,150,023 301,006 455,564 Gain on disposal of short-term investments 66,846 45,867 66,846 34,962 Gain on disposal of property, plant and equipment 1,555,110 14,417 – – Lease income from property, plant and equipment 548,036 408,851 – – Auditors’ remuneration: - audit fee - current financial year - auditors of the Company (185,000) (209,500) (120,000) (111,000) - other auditors (369,097) (345,167) – – - underprovision in the previous financial year - auditors of the Company (5,000) (1,000) (3,000) – - other auditors (3,048) (600) – – - non-audit fee - auditors of the Company (5,000) (5,000) (5,000) (5,000) - member firms of the auditors of the Company (5,196) (5,300) – – Depreciation of property, plant and equipment (15,274,424) (15,777,521) (1,505) (17,205) Depreciation of right-of-use assets (3,149,038) (2,040,669) (94,956) (94,956) Directors’ remuneration: - directors of the Company: - fee (233,520) (244,868) (233,520) (244,868) - salaries and other emoluments (8,869,733) (7,995,278) (4,154,255) (3,630,001) - directors of the Subsidiaries: - salaries and other emoluments (2,214,349) (2,334,829) – – (Loss)/Gain on foreign exchange - net: - Unrealised (612,699) 81,588 (244,238) (20,673) - Realised (324,453) (561,779) 225,818 109,821 Lease expenses: - short-term leases (500,821) (1,449,156) – – - low value assets (11,549) (29,410) – – Property, plant and equipment written off (180,304) (35) – – Staff costs (110,514,831) (98,438,454) (989,270) (988,152)