145 / 204
Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
143
7.
Profit before tax
The following amounts have been included in arriving at profit before tax:
Group
Company
2020
2019
2020
2019
RM’000
RM’000
RM’000
RM’000
Staff costs (Note 8)
33,773
30,037
2,272
1,620
Non-executive directors’ remuneration (Note 9)
591
526
516
426
Auditors’ remuneration:
- Statutory audit fee
365
353
93
83
- Other services
197
219
10
10
Depreciation of:
- property, plant and equipment (Note 13)
10,819
13,287
161
121
- investment properties (Note 14)
1,507
1,507
1,164
1,163
- right-of-use assets (Note 15)
5,471
-
-
-
Fair value changes on biological assets (Note 20)
(2,672)
1,272
-
-
Inventories written down/(back)
1,959
(810)
-
-
Gain on disposal of property, plant and equipment
(58)
(1)
-
-
Provision for warranty (Note 33)
1,783
1,789
-
-
Reversal of provision for warranty (Note 33)
(2,897)
(2,558)
-
-
Reversal of provision for compensation claim (Note 33)
(2,120)
-
(2,120)
-
Realised foreign exchange gain
(1,128)
(48)
-
-
8.
Staff costs
Group
Company
2020
2019
2020
2019
RM’000
RM’000
RM’000
RM’000
Wages and salaries
27,338
24,757
1,809
1,317
EPF contribution
3,679
3,296
317
216
Social security costs
271
228
20
7
Provision for retirement benefits (Note 30)
273
240
-
-
Other staff related expenses
2,212
1,516
126
80
33,773
30,037
2,272
1,620
Included in staff costs of the Group and of the Company is the Managing Director’s remuneration amounting to RM1,644,000 (2019:
RM1,592,000) and RM660,000 (2019: RM657,000) respectively as further disclosed in Note 9. Direct wages of employees amounting to
RM6,139,000 (2019: RM6,300,000) has been included in the Group’s cost of sales.