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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)