NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 9. LOSS BEFORE TAX The following amounts have been included in arriving at loss before tax: Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Employee benefits expenses (Note 10) 206,997 180,026 17,223 19,094 Auditors’ remuneration: - audit fee 1,497 1,401 437 414 - non-audit fee 25 72 25 56 Depreciation of property, plant and equipment (Note 15) 33,041 32,020 329 376 Depreciation of right-of-use assets (Note 35) 6,061 5,014 399 667 Amortisation of intangible assets (Note 22) 459 456 – – Amortisation of deferred license fees (Note 34(a)) (5,603) (4,697) – – Amortisation of security retainers accumulation fund (Note 23(b)(i)) 11 11 – – Unrealised returns on security retainers accumulation fund (Note 23(b)(i)) (224) 29 – – Fair value loss on investment properties, net (Note 17) 3,510 – – – Fair value loss on quoted shares 12,309 – – – Fair value loss on biological assets (Note 14) – 62 – – Impairment loss on: - property, plant and equipment (Note 15) 4,101 – – – - trade and other receivables 8,616 11,514 – – - intangible assets (Note 22) – 2,353 – – Property, plant and equipment written off 174 82 – – Biological assets written off (Note 14) 17 185 – – Loss on lease termination 351 – – – Right-of-use assets written off – 262 – 173 Loss on disposal of: - investments in subsidiaries – – – 3,142 - investment property – 10,000 – – - property, plant and equipment – 73 – – - asset classified as held for sale 459 – – – Net loss on foreign exchange: - realised 144 52 31 19 Inventories written down 375,723 2,930 – – Bad debts written off 884 498 – – Direct operating expenses arising from investment properties 15,987 11,121 – – Management fees charged by a subsidiary (Note 36(a)) – – 6,585 7,589 Land held for property development written off (Note 16(a)) 4,045 – – – Expenses relating to short-term leases 63 84 – – Expenses relating to low-value assets 206 208 – – Included in auditors’ remuneration of the Company amounting to RM287,000 (2021: RM275,000) is borne and paid by the Company on behalf of its subsidiaries. 198 ANNUAL REPORT 2022
RkJQdWJsaXNoZXIy NDgzMzc=