MKH Annual Report 2018

125 MKH Berhad Annual Report 2018 7. DIRECTORS’ REMUNERATION (Cont’d) The Group The Company 2018 2017 2018 2017 RM RM RM RM Estimated monetary value of benefits-in-kind Directors of the Company - Executive Directors 100,653 94,487 - - Directors of subsidiaries - Executive Directors 199,825 23,950 - - 300,478 118,437 - - 22,243,558 21,929,226 266,333 289,000 8. TAX EXPENSE The Group The Company 2018 2017 2018 2017 RM RM RM RM Current tax Malaysia: Current financial year 51,861,840 58,754,670 4,112,100 3,251,600 Prior financial year 716,418 7,083,413 24,584 6,546 Overseas: Current financial year 8,602,400 12,213,902 - - Prior financial year 957,212 540,849 - - 62,137,870 78,592,834 4,136,684 3,258,146 Deferred tax (Note 18): Origination and reversal of temporary di erences (10,254,508) (8,589,594) 1,400 1,400 Overprovision in prior financial year (264,722) (1,254,197) - - (10,519,230) (9,843,791) 1,400 1,400 Total tax expense recognised in profit or loss 51,618,640 68,749,043 4,138,084 3,259,546 Deferred tax related to other comprehensive income (Note 18): Remeasurement loss/(gain) on defined benefit plans 504,607 (212,071) - - Changes in tax rate relating to surplus arising from revaluation of land and buildings 131,500 - 26,500 - Total tax expense/(income) recognised in other comprehensive income 636,107 (212,071) 26,500 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018