Yinson Annual Report 2020

246 Notes to the financial statements (cont’d) For the financial year ended 31 January 2020 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 11. Directors’ remuneration Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Executive directors’ remuneration: - Fees 210 210 210 210 - Share-based payments 1,593 104 1,593 104 - Other emoluments 10,366 9,060 10,366 9,060 12,169 9,374 12,169 9,374 Non-executive directors’ remuneration: - Fees 1,263 1,228 1,263 1,228 - Other emoluments 135 121 135 121 1,398 1,349 1,398 1,349 Total directors’ remuneration 13,567 10,723 13,567 10,723 Additional disclosures Indemnity given or insurance effected for the Directors and officers 896 804 896 804 12. Finance costs Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Bank charges 7,855 6,163 630 1,120 Interest expenses: - Loans and borrowings 220,778 178,852 35,947 48,406 - Lease liabilities 1,842 - 68 - Cash flow hedge reclassified to profit or loss 12,570 16,982 - - Fair value loss on derivatives for interest rate swap 893 747 - - 243,938 202,744 36,645 49,526 Less: Interest expenses capitalised in property, plant and equipment (Note 16(c)) (45,569) (17,185) - - 198,369 185,559 36,645 49,526 Interest expenses on general financing amounting to RM5,585,000 (2019: RM6,809,000) were capitalised at weighted average borrowing rate of 3.98% (2019: 4.60%) per annum.