82
Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
7.
PROFIT BEFORE TAX (CONT’D)
Profit before tax is arrived at after crediting/(charging) the following: (Cont’d)
The Group
The Company
2016
2015
2016
2015
RM
RM
RM
RM
Auditors’ remuneration
- audit fee
- current financial year
- Crowe Horwath in Malaysia
(210,500)
(196,500)
(102,000)
(87,000)
- other auditors
(327,130)
(408,482)
-
-
- overprovision in prior year
- Crowe Horwath in Malaysia
-
7,500
-
-
- other auditors
10,330
-
-
-
- non-audit fee
- Crowe Horwath in Malaysia
(81,000)
(10,000)
(11,000)
(5,000)
- other auditors
(159,427)
(128,410)
(28,800)
(64,000)
Property, plant and equipment
written off
(411,330)
(2,919,978)
-
-
Allowance for impairment loss
on plant and equipment
(51,841)
(1,713,303)
-
-
Allowance for impairment losses
on amount owing by a subsidiary
-
-
(1,476,080)
-
Allowance for impairment losses
on receivables
(133,461)
(294,518)
-
-
Impairment loss on investment
in subsidiaries
-
-
-
(441,468)
Inventories written down to net
realisable value
-
(52,272)
-
-
Inventories written off
(492,724)
(146,823)
-
-
Loss on disposal of investment
in a subsidiary
-
(1,870,011)
-
(323,468)
(a) Staff costs
Staff costs include salaries, bonuses, contributions to statutory defined contribution plans, defined benefits plan
and all other staff related expenses. Contributions to statutory defined contribution plans and defined benefits
plan, included in staff costs, made by the Group and by the Company during the financial year are as follows:
The Group
The Company
2016
2015
2016
2015
RM
RM
RM
RM
Defined contribution plan
4,285,546
4,279,039
73,544
89,120
Defined benefits plan
190,912
1,436,631
-
-
Notes To The Financial Statements
(cont’d)




