128
NOTES TO THE FINANCIAL STATEMENTS
F I N A N C I A L S TAT E M E N T S
7.
STAFF COSTS
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
Wages and salaries
24,614
25,141
1,200
1,168
EPF contribution
3,246
3,414
202
197
Social security costs
177
195
6
5
Provision for retirement benefits (Note 28)
289
284
-
-
Shares and options granted under ESS
-
22
-
6
Other staff related expenses
697
1,195
154
76
29,023
30,251
1,562
1,452
Included in staff costs of the Group and of the Company is the Managing Director’s remuneration amounting to RM1,655,000
(2017: RM1,279,000) and RM674,000 (2017: RM509,000) respectively as further disclosed in Note 8. Direct wages of
employees amounting to RM6,781,000 (2017: RM7,752,000) has been included in the Group’s cost of sales.
8.
DIRECTORS’ REMUNERATION
The details of remuneration receivable by the directors of the Group and of the Company during the year are as follows:
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
Executive director’s remuneration
Salaries and other emoluments
960
857
381
343
Bonus
632
368
253
147
Benefits-in-kind
63
54
40
19
1,655
1,279
674
509
Non-executive directors’ remuneration
Fees
306
289
252
252
Benefits-in-kind
100
70
100
70
Other emoluments
118
104
106
96
524
463
458
418
Total
2,179
1,742
1,132
927
Total excluding benefits-in-kind
2,016
1,618
992
838