Yinson Annual Report 2021

238 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 9. Administrative expenses (continued) Included in administrative expenses are: (continued) Group Company 2021 2020 2021 2020 RM million RM million RM million RM million (Reversal of impairment loss)/impairment loss on: - trade receivables (Note 24(a)) - (1) - - - other receivables (Note 24(b)) (6) (2) - - - other assets (Note 25) (2) 4 - - - tax recoverable 12 2 - - - investment in subsidiaries - - 41 8 - property, plant and equipment (Note 16) 33 5 - - Loss on disposal of: - property, plant and equipment - 1 - - - other investments 2 1 - - Operating leases - Payments for land and buildings 2 - - - Contract acquisition costs written off 104 - - - Deal deposit written off 84 - - - Waiver of debts - amounts due from subsidiaries - - - 122 Net loss on foreign exchange 13 - - - Employee benefits expenses (Note 10) 96 41 38 31 10. Employee benefits expenses Group Company 2021 2020 2021 2020 RM million RM million RM million RM million Included in: Cost of sales (Note 7) 3 1 - - Administrative expenses (Note 9) 96 41 38 31 99 42 38 31 Analysed as follows: Wages, salaries and bonuses 79 36 30 23 Social security contributions 1 - - - Contributions to defined contribution plan 6 2 2 2 Share-based payments (Note 29(c)) 9 2 4 3 Other benefits 4 2 2 3 99 42 38 31 Included in employee benefits expenses of the Group and of the Company are executive and non-executive directors’ remuneration as disclosed in Note 11.