KUB Malaysia Berhad Annual Report 2021

9. PROFIT BEFORE ZAKAT AND TAXATION (cont’d) Profit before zakat and taxation has been arrived at after crediting the following income: Group Company 1.1.2020 to 1.1.2019 to 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 30.6.2021 31.12.2019 (18 months) (12 months) (18 months) (12 months) RM’000 RM’000 RM’000 RM’000 Gain on disposal of non-current assets held for sale (Note 13) 123,490 28,772 969 25,265 Gain on disposal of associate company (Note 19) 30,518 - 71,000 - Gain on disposal of investment properties 8,237 - - - Realised gain on short-term investment 1,479 274 1,479 - Gain on fair value changes in biological assets (Note 22) 1,160 550 - - Gain on disposal of property, plant and equipment 168 2,038 10 21 Forfeiture of deposits payable 805 - - - Rental income 256 663 458 700 Reversal of impairment of: - advance to subsidiaries (Note (18(c)) - - 8,375 15,125 - amount due from subsidiaries (Note 23) - - 1,472 361 - trade receivables (Note 24) 288 570 - - - contract assets - 94 - - Realised gain on foreign exchange 5 2,681 - - Gain on disposal of subsidiary (Note 18) - 293 - - Unrealised gain on foreign exchange - 53 - - (a) Employee Benefits Expenses The employee benefit expenses are as follows: Group Company 1.1.2020 to 1.1.2019 to 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 30.6.2021 31.12.2019 (18 months) (12 months) (18 months) (12 months) RM’000 RM’000 RM’000 RM’000 Wages, bonuses and salaries 19,291 23,314 4,997 6,035 Contributions to defined contribution plans 2,264 2,117 550 821 Social security contributions 168 394 28 44 Other benefits 4,144 7,629 1,171 3,287 25,867 33,454 6,746 10,187 The above also includes the Company’s Executive Director’s remuneration amounting to RM648,000 (31.12.2019: RM1,507,000) as disclosed in Note 11. Included in the employee other benefits of the Group and the Company in the previous financial year was the cost incurred in relation to voluntary separation scheme (‘VSS’), retrenchment benefits and mutual separation scheme (‘MSS’) amounted to RM5,256,000 and RM2,167,000 respectively. NOTES TO THE FINANCIAL STATEMENTS 86 KUB MALAYSIA BERHAD