Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 169 33 PROFIT/(LOSS) FROM OPERATIONS Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Profit/(Loss) from operations is stated after charging: Staff costs (Note 41) 334,866 157,717 4,371 8,119 Auditors’ remuneration: Fees for statutory audits - PricewaterhouseCoopers PLT 1,077 1,160 88 88 - member firms of PricewaterhouseCoopers International Limited 1,497 647 - - - others 590 223 - - Fees for non-audit services* - PricewaterhouseCoopers PLT 577 455 14 14 - member firms of PricewaterhouseCoopers International Limited 2,802 1,680 - - Depreciation of property, plant and equipment 144,713 84,919 237 418 Impairment loss on property, plant and equipment 72,842 99,111 - - Impairment loss on investment in an associate 271 56,487 - - Loss on foreign currency exchange: - realised 13,313 39,840 5,545 25,365 - unrealised 29,104 12,059 - - Impairment loss on amount owing by subsidiaries - - - 7,856 Loss on disposal on a subsidiary 8,363 - - - and crediting: Gain on disposal of property, plant and equipment 36,662 1,857 98 - Gain on disposal of non-current asset held for sale - 10,541 - - Gain on disposal of prepaid lease payments 64,071 - - - Gain on disposal of a subsidiary - 8,532 12,235 - Gain on foreign exchange: - realised 14,342 6,131 - - - unrealised 24,748 49,961 4,276 26,270 * Included in fees for non-audit services are fees payable to PricewaterhouseCoopers PLT and its local affiliates for the Group and the Company of RM577,000 (2016: RM455,000) and RM14,000 (2016: RM14,000) respectively.