Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2019 (cont’d) 115 7. Profit before tax (cont'd) 2019 2018 2019 2018 RM RM RM RM Fair value loss on other investments - 211,937 - - Impairment loss on investment in subsidiary - - 44,801 - Impairment loss on investment properties (Note 14) 532,360 - - - Provision for obsolete inventories 236,706 - - - Provision for/(reversal of) defect liability costs (Note 26) 3,749,000 (196,000) - - Depreciation of investment properties (Note 14) 129,483 110,172 - - Foreign exchange (gain)/loss - realised (2,006,843) 4,999,654 - - - unrealised 3,699,495 (3,648,006) - - 8. Employee benefits expenses 2019 2018 RM RM Wages, salaries and bonus 77,866,958 68,639,253 Defined contribution plan 6,591,194 6,215,364 Social security contributions 824,296 645,973 85,282,448 75,500,590 Group Company Group Included in employee benefits expenses of the Group are executive directors' remuneration amounting to RM4,892,478 (2018: RM4,992,442) as disclosed in Note 9.