My EG Services Berhad Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) 36. PROFIT BEFORE TAX (CONT’D) Profit before tax is determined after charging/(crediting) amongst others, the following items: (cont’d) Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Inventories written down 15 313 - - Lease expenses: - short-term leases 1,527 702 646 - - low-value assets 44 289 25 95 Loss/(Gain) on foreign exchange: - realised # 74 # - - unrealised (3) 43 - (15) Reversal of inventories written down (20) (112) - - Share of results of associates - 765 - - Share of results of joint ventures (124) 692 - - Interest income on financial assets measured at amortised cost: - bank (117) - - - - fixed deposits with licensed banks (195) (2,958) (157) (1,806) - a subsidiary - - (10,469) (7,180) # - represents an amount less than RM1,000 37. TAXATION Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Tax expenses recognised in profit or loss Current tax - Current financial year 3,742 3,479 105 114 - Under/(Over) provision in prior financial years 285 (49) 1,327 - 4,027 3,430 1,432 114 Deferred tax - Origination and reversal of temporary differences (62) 548 - - (62) 548 - - 3,965 3,978 1,432 114 224

RkJQdWJsaXNoZXIy NDgzMzc=