GHL System Berhad Annual Report 2017

GHL SYSTEMS BERHAD 80 NOTES TO THE FINANCIAL STATEMENTS 31 December 2017 CONT’D 6. PROFIT BEFORE TAX Other than those disclosed elsewhere in the financial statements, the profit before tax is arrived at: Group Company 2017 2016 2017 2016 RM RM RM RM After charging: Auditors’ remuneration - statutory audit 447,390 383,132 86,600 97,000 - non-audit services 5,400 21,000 5,400 21,000 Bad debts written off 223,794 23,032 12,000 20,800 Directors’ fees paid and payable to the Directors of the Company 328,000 228,000 328,000 228,000 Directors’ other emoluments paid and payable to the Directors of the Company 1,364,726 1,447,803 1,364,726 1,447,803 Interest expense on: - hire purchase creditors 36,429 35,464 12,329 6,976 - term loans 1,083,507 1,023,293 - 65,898 - bankers’ acceptance 590,269 712,490 - - Loss on foreign exchange: - realised 34,970 83,607 16,594 413,652 - unrealised 3,708,218 - 3,921,811 - Rental of premises 1,379,304 497,775 36,600 11,277 And crediting: Dividend income from a subsidiary - - 2,800,000 3,500,000 Gain on disposal of property, plant and equipment 216,568 144,171 210,917 49,742 Gain on foreign exchange: - realised 2,095,921 - 1,994,138 - - unrealised - 1,365,394 - 2,234,840 Interest income from deposits with licensed banks 899,936 359,800 124,944 76,950