Kimlun Corporation Berhad Annual Report 2018

7. Profit before tax The following items have been included in arriving at profit before tax: Group Company 2018 2017 2018 2017 RM RM RM RM Auditors' remuneration - statutory audits 141,883 131,604 33,000 33,000 - overprovision in prior year (500) - - - - other services 5,000 5,000 5,000 5,000 Allowance for impairment on trade receivables (Note 20) 1,838,324 11,635,078 - - Reversal of allowance for impairment on trade receivables (Note 20) - (809,370) - - Bad debts written off 1,504 - - - Employee benefits expense (Note 8) 75,500,590 59,987,101 - - Hire of plant and machinery 33,059,162 16,241,928 - - Depreciation of property, plant and equipment (Note 12) 40,439,057 26,647,705 - - Gain on disposal of land held for development - (10,621) - - Gain on disposal of plant and equipment (324,836) (1,409,142) - - Gain on disposal of investment properties (18,953) - - - Plant and equipment written off 134,842 50,666 - - Operating leases: - minimum lease payments on land and building 4,103,562 3,760,023 - - - minimum lease payments on office equipment 158,448 114,265 - - Fair value loss /(gain) on other investments 211,937 (115,603) - - Impairment loss on investment in subsidiary - - - 323,871 Depreciation of investment properties (Note 13) 110,172 210,120 - - Foreign exchange loss/(gain) - realised 4,999,654 (6,030,825) - - - unrealised (3,648,006) 7,258,000 - - 8. Employee benefits expenses Group 2018 2017 RM RM Wages, salaries and bonus 68,639,253 53,142,429 Contributions to defined contribution plan 6,215,364 6,398,483 Social security contributions 645,973 446,189 75,500,590 59,987,101 Included in employee benefits expenses of the Group are executive directors' remuneration amounting to RM4,992,442 (2017: RM5,581,722) as disclosed in Note 9. Kimlun Corporation Berhad 91 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2018 (cont’d)