IHH Annual Report 2023

29. OTHER COMPREHENSIVE INCOME 2023 2022 Before tax RM’000 Tax benefit RM’000 Net of tax RM’000 Before tax RM’000 Tax benefit RM’000 Net of tax RM’000 Group (Note 11) (Note 11) Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences from foreign operations 1,488,181 – 1,488,181 224,633 – 224,633 Realisation of FCTR upon disposal of subsidiaries 11,150 – 11,150 – – – Hyperinflationary adjustments 413,852 – 413,852 669,372 – 669,372 Hedge of net investments in foreign operations 198,273 – 198,273 313,681 – 313,681 Cash flow hedge (104,546) 20,410 (84,136) 22,137 – 22,137 Cost of hedging (2,082) – (2,082) 1,292 – 1,292 2,004,828 20,410 2,025,238 1,231,115 – 1,231,115 Items that will not be reclassified subsequently to profit or loss Remeasurement of defined benefit liabilities (39,677) 9,976 (29,701) (18,113) 2,816 (15,297) Change in fair value of financial assets at FVOCI 47,395 – 47,395 – – – 2,012,546 30,386 2,042,932 1,213,002 2,816 1,215,818 Company Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences from foreign operations 1,090 – 1,090 586 – 586 30. KEY MANAGEMENT PERSONNEL COMPENSATION Key management personnel of the Group are those persons having the authority and responsibility for planning, directing and controlling the activities of the Group. The Group considers the Directors of the Company to be key management personnel in accordance with MFRS 124, Related Party Disclosures. The key management personnel compensation are as follows: Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Non-executive directors: − Fees 7,860 7,733 5,083 5,055 − Remuneration and other benefits 16 28 16 28 − Share-based payment – 1,132 – – 7,876 8,893 5,099 5,083 Executive director: − Remuneration and other benefits 20,670 23,363 20,670 10,556 28,546 32,256 25,769 15,639 The estimated monetary value of directors’ benefit-in-kind is RM17,000 (2022: RM168,000). Annual Report 2023 195

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