2020 UEM Edgenta Annual Report

7. PROFIT/(LOSS) BEFORE TAX The following amounts have been charged/(credited) in arriving at profit/(loss) before tax: Group Company RM’000 2020 2019 2020 2019 Employee benefits expense (Note 8) 907,280 856,882 60,719 71,584 Non-executive directors’ remuneration excluding benefits-in-kind (Note 9) 1,283 1,287 1,283 1,243 Auditors’ remuneration: - statutory 1,223 1,247 153 148 - others 196 1,251 37 37 Depreciation of right-of-use assets (Note 34) 11,327 10,050 7,045 8,351 Expenses relating to: - short-term leases (Note 34) 3,624 3,797 489 384 - leases of low-value assets (Note 34) 370 349 109 83 Amortisation of: - intangible assets (Note 15) 26,035 23,557 3,742 476 Depreciation of property, plant and equipment (Note 13) 44,981 48,750 3,381 3,346 Net (gain)/loss on disposal of plant and equipment (16) (34) 3 – Property, plant and equipment written off (Note 13) 10 42 10 – (Gain)/loss on disposal of asset held for sale – (647) – 132 Intangible asset written off (Note 15) 4 4 – – Provision for ECL on trade and other receivables (Note 20) 1,936 6,214 2,251 7,105 Bad debts written off 4,987 200 – – Impairment loss on investment in subsidiaries – – 47,600 81,430 Properties held for sale written down (Note 19) 50,000 – – – Impairment loss on property, plant and equipment (Note 13) 2,938 – – – Net foreign exchange loss: - realised 95 237 – – - unrealised 92 9 – – UEM EDGENTA BERHAD 228 Financial Statements NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020