FGV Annual Report 2013

Felda Global Ventures Holdings Berhad 225 11 PROFIT BEFORE ZAKAT AND TAXATION (CONT’D.) Group Company 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 Assets held for sale: - Gain on disposal (5,381) - - - Impairment loss on investment in a subsidiary (Note 22) - - 12,391 115,356 Loss on disposal of subsidiaries - - - 4,528 Gain on disposal of an associate (Note 23) (26,673) - (343,822) - Loss on disposal of joint venture (Note 24) - - - 36,890 Impairment of loan due from other related company (Note 26) - 26,952 - - Impairment/(reversal) of receivables 611 (79) - - Provision/(reversal of) for inventory write down 1,012 (536) - - Rental - land and buildings 7,745 1,886 4,651 481 - other equipment 1,317 421 887 421 Repair and maintenance of refining plants and mills 41,962 34,127 - - Principal auditors’ remuneration: - Audit fee 1,041 865 324 225 - Non-audit fee@ 3,395 5,339 3,395 5,269 Other auditors’ remuneration: - Audit fee 1,932 1,484 - - - Non-audit fee 4,424 2,820 4,003 2,820 Staff costs* 1,011,481 955,428 57,093 32,401 Net realised foreign exchange (gain)/loss (15,859) 4,838 83 3,404 Net unrealised foreign exchange loss 26,683 2,905 - 947 Share based payment - 25,723 - 25,723 IPO expenses - 35,422 - 35,422 Financial guarantee contract expense - - - 13,476 @ Non-audit fee paid to principal auditor in 2012 mainly relates to Initial Public Offering (“IPO”) expenses. * Staff costs (excluding Directors’ remuneration) are analysed as follows: Group Company 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 Wages, salaries and bonuses 737,448 671,171 44,901 26,344 Defined contribution plan 58,946 54,171 6,286 3,429 Defined benefit plan 705 2,521 110 21 Other employee benefits 214,382 227,565 5,796 2,607 1,011,481 955,428 57,093 32,401 Staff costs included in costs of sales amounted to RM897,610,000 (2012: RM810,988,000) and RM39,163,000 (2012: RM19,223,000) for the Group and Company respectively.