Kimlun Corporation Berhad Annual Report 2021

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 7. Profit before tax (cont'd) The following items have been included in arriving at profit before tax (cont'd): 2021 2020 2021 2020 RM RM RM RM Employee benefits expenses (Note 8) 71,554,020 76,853,127 - - Non-executive directors' remuneration (Note 9) 342,200 275,950 342,200 275,950 Hire of plant and machinery 21,037,112 29,946,347 - - Depreciation of property, plant and equipment (Note 12) 39,165,977 39,889,588 - - Depreciation of right-of-use assets (Note 13) 3,090,321 3,467,747 - - Depreciation of investment properties (Note 14) 6,549 53,439 - - Gain on disposal of property, plant and equipment (2,461,171) (1,723,607) - - Gain on disposal of investment properties - (109,704) - - Loss on disposal of properties held for sale - 58,938 - - Property, plant and equipment written off (Note 12) 191,201 195,162 - - Gain on derecognition of right-of-use assets (6,901) (93,115) - - Short term leases: - land and building 169,952 140,474 - - - office equipment 159,229 141,359 - - Impairment loss on investment in subsidiary - - 21,264 22,542 Write down of land held for development (Note 19) - 7,316,055 - - Provision for obsolete inventories 4,252 33,631 - - Reversal of provision for obsolete inventories (209,116) - - - (Reversal)/Provision for defect liability costs (Note 26) (1,464,000) 1,031,000 - - Foreign exchange (gain)/loss - realised (6,819) (1,890,098) - - - unrealised (914,836) 2,576,450 - - Group Company - 56 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 Annual Repor t 2021 116

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