Dagang NeXchange Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) DAGANG NeXCHANGE BERHAD 160 25. PROFIT BEFORE TAX Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Profit before tax is arrived at after charging/(crediting): Amortisation of intangible assets 11,741 11,066 - - Auditors’ remuneration: - audit fees - Crowe Malaysia PLT 356 354 110 110 - local affiliate of Crowe Malaysia PLT 12 12 - - - non-audit fees - Crowe Malaysia PLT 115 115 15 15 Bad debts written off 527 16 - - Depreciation of property, plant and equipment 6,844 6,364 91 72 Depreciation of right-of-use assets 2,967 - 291 - Directors’ remuneration 3,467 5,253 3,393 5,120 Expenses relating to short-term leases 528 - 430 - Impairment loss on goodwill - 3,600 - - Inventories written down 904 - - - Personnel expenses: - contributions to Employees Provident Fund 7,652 7,182 712 652 - wages, salaries and others 68,481 67,269 5,675 6,669 Property, plant and equipment written off 167 91 - - Realised loss on foreign exchange 52 176 - - Rental of premises - 4,070 - - Rental of site and equipment - 663 - 22 Rental of storage and others - 74 - 37 Unrealised loss/(gain) on foreign exchange 464 (5) - -