GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 85 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 6. PROFIT BEFORE TAX Other than those disclosed elsewhere in the financial statements, the profit before tax is arrived at: Group Company 2018 2017 2018 2017 RM RM RM RM After charging: Auditors’ remuneration - statutory audit 477,940 447,390 109,000 86,600 - non-audit services 146,655 5,400 136,655 5,400 Bad debts written off 1,368,698 223,794 - 12,000 Directors’ fees paid and payable to the Directors of the Company 250,200 328,000 250,200 328,000 Directors’ other emoluments paid and payable to the Directors of the Company 1,221,313 1,364,726 1,221,313 1,364,726 Interest expense on: - hire purchase creditors 199,306 36,429 10,621 12,329 - term loans 1,258,392 1,083,507 - - - bankers’ acceptance 259,080 590,269 - - - bankers’ acceptance charged by a subsidiary - - 34,768 106,200 Loss on foreign exchange: - realised 351,823 34,970 148,843 16,594 - unrealised 29,833 3,708,218 - 3,921,811 Loss on disposal of property, plant and equipment 157,844 - - - Rental of premises 1,512,431 1,379,304 44,200 36,600 Rental of office equipment 7,493 - - - And crediting: Dividend income from a subsidiary - - 12,000,000 2,800,000 Gain on disposal of property, plant and equipment - 216,568 347 210,917 Gain on foreign exchange: - realised 195,670 2,095,921 - 1,994,138 - unrealised 515,301 - 505,318 - Interest income from deposits with licensed banks 2,678,902 899,936 1,245,402 124,944