Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 105 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 8. PROFIT BEFORE TAX (CONT’D) Profit before tax is arrived at after crediting/(charging) the following: (Cont’d) The Group The Company 2023 2022 2023 2022 RM RM RM RM Auditors’ remuneration: - audit fee - current financial year - auditors of the Company (211,104) (209,500) (142,500) (137,500) - other auditors (413,796) (418,670) - - - over/(under)provision in the previous financial year - auditors of the Company - 1,000 - 1,000 - other auditors 167 (1,000) - - - non-audit fee - auditors of the Company (5,000) (5,000) (5,000) (5,000) - member firms of the auditors of the Company (5,500) (5,500) - - Depreciation of property, plant and equipment (16,597,733) (14,332,080) (6,009) (3,344) Depreciation of right-of-use assets (3,643,919) (3,259,024) - - Directors’ remuneration: - directors of the Company: - fees (293,103) (274,006) (293,103) (274,006) - salaries and other emoluments (11,949,170) (13,389,862) (5,827,193) (7,312,374) - defined contribution plan (1,187,508) (707,690) (1,107,022) (646,368) - directors of the Subsidiaries: - salaries and other emoluments (2,388,945) (2,280,500) - - Net (loss)/gain on foreign exchange: - unrealised (1,514,307) 1,602,546 (61,193) 19,700 - realised 102,429 784,062 45,233 256,653 Lease expenses: - short-term leases (2,266,682) (2,036,629) (102,120) (102,120) - low value assets (65,919) (92,514) - - Property, plant and equipment written off (45,991) (45,054) - - Staff costs (141,648,171) (142,116,753) (659,339) (1,047,160) (a) Staff costs Staff costs include salaries, bonuses, contributions to statutory defined contribution plan, defined benefits plan and all other staff related expenses. Contributions to statutory defined contribution plan 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 2023 2022 2023 2022 RM RM RM RM Defined contribution plan 5,625,479 5,437,272 81,569 110,137 Defined benefits plan (921,666) 110,514 - -
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