Download PDF - ChartNexus
Download PDF - ChartNexus
Download PDF - ChartNexus
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
NOTES TO THE FINANCIAL STATEMENTS (cont’d)<br />
31 DECEMBER 2012<br />
26 PROFIT BEFORE TAXATION<br />
2012<br />
RM<br />
Group Company<br />
This is stated after charging:-<br />
Amortisation of long leasehold land 47,646 47,646 - -<br />
Audit fee 93,876 89,000 39,200 37,000<br />
Bad debts written off - 13,446 - -<br />
Depreciation of:<br />
- investment property 2,317 5,559 - -<br />
- property, plant and equipment 19,202,004 18,161,675 1,427 3,608<br />
Employee benefits (Note 27) 8,446,095 7,437,447 731,620 180,155<br />
Impairment loss on:<br />
- other financial assets 261,754 - - -<br />
- other receivables 3,285 - - -<br />
Inventories written down 73,859 200,000 - -<br />
Loss on disposal of property, plant<br />
and equipment 75,690 22,795 - -<br />
Non-executive directors’<br />
remuneration (Note 28) 93,000 123,500 93,000 123,500<br />
Property, plant and equipment written off - 29,073 - -<br />
Rental expense - 159,255 - -<br />
27 EMPLOYEE BENEFITS<br />
2011<br />
RM<br />
2012<br />
RM<br />
Group Company<br />
Salaries, bonus, overtime and allowances 7,468,538 6,609,607 659,000 162,000<br />
Defined contribution plans 872,058 727,958 72,000 18,000<br />
Social security contributions 105,499 99,882 620 155<br />
2012<br />
RM<br />
2011<br />
RM<br />
2012<br />
RM<br />
2011<br />
RM<br />
2011<br />
RM<br />
8,446,095 7,437,447 731,620 180,155<br />
Included in employee benefits of the Group and of the Company are executive directors’ remuneration amounting to<br />
RM731,000 (2011: RM180,000) as further disclosed in Note 28.<br />
The total number of employees in the Group at the end of the reporting period is 496 (2011: 497).<br />
Gunung Capital Berhad (330171-P)<br />
81<br />
annual report | 2012