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117
Maxis Berhad
Annual Report 2014
Notes to the
Financial Statements
31 December 2014
7 PROFIT FROM OPERATIONS
The following items have been charged/(credited) in arriving at the profit from operations:
Group
Company
Note
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Allowance for:
- impairment of property, plant and equipment
15
-
81,971
-
-
- impairment of receivables,
deposits and prepayments
24
96,584
109,331
-
-
- inventories obsolescence
2,515
20,276
-
-
Amortisation of intangible assets
16
248,417
265,163
-
-
Auditors’ remuneration:
(1)
- fees for statutory audits:
- auditors of the Group
1,197
1,297
48
49
- others
-
16
-
-
- fees for audit related services:
- auditors of the Group
(2)
746
843
618
624
- others
34
30
-
-
- fees for other services:
- member firms of PwC Malaysia
(3)
2,088
4,390
53
5
Bad debts recovered
(17,889)
(18,045)
-
-
Commissions, sales and marketing expenses
581,824
566,630
-
-
Notes:
(1)
The Audit Committee, in ensuring the independence of the Group’s external auditors is consistently maintained, has set out clear
policies and guidelines as to the type of non-audit services that can be offered as well as a structured approval process that has
to be adhered to before any such non-audit services are commissioned. Under these policies and guidelines, non-audit services
can be offered by the Group’s external auditors if the Group can realise efficiencies and value-added benefits from such services.
(2)
Fees incurred in connection with performance of quarterly reviews, agreed-upon procedures and regulatory compliance reporting
paid or payable to PricewaterhouseCoopers (“PwC”) Malaysia, auditors of the Group and of the Company.
(3)
Fees incurred for assisting the Group in connection with tax compliance and advisory services paid or payable to member firms
of PwC Malaysia, auditors of the Group and of the Company.
