EXCEL FORCE MSC BERHAD Annual Report 2019

EXCEL FORCE MSC BERHAD - ANNUAL REPORT 2019 97 notes to the financial statements 31 december 2019 (cont’d) 27. Profit before Tax Profit before tax is derived after charging/(crediting) amongst other, the following items: Group Company 2019 2018 2019 2018 RM RM RM RM Auditors’ remuneration - statutory audit 56,000 56,000 51,500 51,500 - non-statutory audit 5,000 5,000 5,000 5,000 Impairment losses on trade receivables 36,923 101,949 36,923 80,641 Reversal of impairment losses on trade receivables (36) (17,657) - - Depreciation of property, plant and equipment 692,004 826,610 689,042 815,346 Depreciation of right-of-use assets 374,442 - 374,442 - Non-executive Directors’ fee 142,400 151,000 142,400 151,000 Rental of premises - 363,074 - 363,074 Interest income from: - deposits with licensed banks (82,004) (43,389) (63,342) (36,923) - short-term funds (1,391,366) (769,945) (1,391,366) (769,945) - amount due from a subsidiary company - - (77,421) (90,672) Property, plant and equipment written off 1 162,538 - 162,538 Rental income - (385,678) - (385,678) Loss/(Gain) on disposal of: - property, plant and equipment 664 (21,998) 664 (22,207) - assets held for sale - (2,283,796) - (2,283,796) Loss/(Gain) on foreign exchange - realised 15,408 12,357 15,403 12,366 - unrealised 3,749 (4,395) 3,749 (4,395)