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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
NOTES TO THE FINANCIAL
STATEMENTS 31 MARCH 2016
(contd.)
6.
PROFIT BEFORE TAX
The following amounts have been included in arriving at profit before tax:
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Staff costs (Note 7)
29,572
28,354
1,369
1,358
Non-executive directors’ remuneration (Note 8)
386
376
340
330
Statutory audit fees:
- Auditors of the Company
290
257
87
87
Other non-audit fees:
- Auditors of the Company
8
8
8
8
Factory rental
771
765
-
-
Repairs and maintenance
2,113
2,450
168
139
Depreciation of property, plant and equipment
(Note 12)
19,980
19,180
183
155
Depreciation of investment properties (Note 13)
1,507
1,508
1,163
1,163
Amortisation of biological assets (Note 14)
3,235
3,526
-
-
Write off of biological assets (Note 14)
28
-
-
-
Impairment loss on trade receivables (Note 18)
1,434
1,106
-
5
Impairment loss on other receivables (Note 18)
2
-
-
-
Write back of impairment loss on trade receivables
(Note 18)
(748)
(59)
(5)
-
Write back of impairment loss on other receivables
(Note 18)
(50)
(46)
-
-
Write down of inventories
88
232
-
-
Gain on disposal of property, plant and equipment
(71)
(14)
-
(2)
Provision for retirement benefit obligations
(Note 28)
69
182
-
-
Realised foreign exchange gain
(3,060)
(1,224)
-
-
7.
STAFF COSTS
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Wages and salaries
24,759
23,652
1,062
1,074
EPF contribution
3,170
2,880
181
145
Social security costs
183
189
4
4
Provision for retiremen benefits (Note 28)
69
182
-
-
Shares and options granted under ESS
105
174
19
25
Other staff related expenses
1,286
1,277
103
110
29,572
28,354
1,369
1,358
Included in staff costs of the Group and of the Company is the Managing Director’s remuneration amounting
to RM1,265,000 (2015: RM1,121,000) and RM532,000 (2015: RM446,000) respectively as further disclosed
in Note 8. Direct wages of employees amounting to RM7,836,000 (2015: RM8,393,000) have been included
in the Group’s cost of sales.