My EG Services Berhad Annual Report 2020

ANNUAL REPORT 2020 197 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2020 (CONT’D) 36. NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS The Group The Company 1.1.2020 to 31.12.2020 1.10.2018 to 31.12.2019 1.1.2020 to 31.12.2020 1.10.2018 to 31.12.2019 RM’000 RM’000 RM’000 RM’000 Impairment losses: - financing receivables (Note 14) 602 1,014 - - - trade receivables (Note 16) - 33 - - Reversal of impairment losses: - trade receivables (Note 16) (2) (31) - - - other receivables (Note 17) (2) - - - - amount owing by associates (Note 19) (195) - (195) - 403 1,016 (195) - 37. PROFIT BEFORE TAXATION The Group The Company 1.1.2020 to 31.12.2020 1.10.2018 to 31.12.2019 1.1.2020 to 31.12.2020 1.10.2018 to 31.12.2019 RM’000 RM’000 RM’000 RM’000 Profit before taxation is arrived at after charging/(crediting):- Amortisation of development costs (Note 12) 5,056 2,136 2,438 1,228 Auditor’s remuneration: - audit fees: - current financial year 380 359 68 68 - under/(over)provision in the previous financial period - auditor of the Company - (2) - - - other auditor 15 - - - - non-audit fees 3 3 3 3 Bad debts written off 8 49 - - Directors’ fee (Note 42) 604 845 604 845 Directors’ non-fee emoluments (Note 42) 1,311 1,700 - - Depreciation: - property and equipment (Note 8) 23,752 29,303 11,279 11,610 - investment properties (Note 9) 653 817 2,320 2,899 - right-of-use assets (Note 10) 5,909 7,280 731 1,000 Equipment written off (Note 8) 142 558 - 534