MISC- Annual Report 2016

5. Profit before taxation The following amounts have been included in arriving at profit before taxation: Group Corporation 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Amortisation of intangible assets (Note 14) 17,675 13,077 – – Intangible assets written off 54,631 – – – Amortisation of prepaid lease payments on land  and buildings (Note 13) 7,518 7,962 108 367 Auditors’ remuneration:  Auditors of the Corporation:  - Statutory audits 3,741 3,793 765 757  - Other services 340 643 59 26 Charter hire expenses 1,075,054 1,047,826 60,375 27,804 Provisions (Note 25(c)) 226,025 217,814 218,197 173,590 Inventories used 812,854 1,029,630 119,953 317,285 Loss from remeasurement of previously  held interest in joint ventures 42,534 – – – Exchange loss:  - Realised 90,303 75,182 24,503 25,049  - Unrealised 40,746 64,373 10,739 36,148 Impairment loss for third parties  - Trade receivables (Note 21) 201,400 47,585 4,691 –  - Other receivables (Note 21) 67,654 – 67,654 – Bad debts written off 1,491 2,374 – – Write off of finance lease receivables 276,593 – – – Operating lease rental:  - Equipment 67,560 53,782 5,230 5,022  - Land and buildings 51,119 58,223 23,943 28,540 Ships, offshore floating assets and other  property, plant and equipment (Note 12):  - Depreciation 2,004,945 1,482,189 413,333 333,243  - Written off 20,396 19,517 32,252 4,342 Impairment provisions (Note 5(a)) 358,657 491,272 9,433 461,489 Staff costs (Note 6) 1,561,381 1,612,908 316,906 346,358 Non-executive directors’ remuneration (Note 7) 1,343 1,318 719 715 MISC BERHAD •  Annual Report 2016 206 notes to the financial statements - 31 december 2016

RkJQdWJsaXNoZXIy NDgzMzc=