FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 222 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 11 PROFIT/(LOSS) FOR THE FINANCIAL YEAR (CONTINUED) Profit for the financial year is stated after charging/(crediting): (continued) * Staff costs (excluding Directors' remuneration) are analysed as follows: Group Company 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 (Restated) Wages, salaries and bonuses 1,064,775 1,198,726 60,519 60,835 Defined contribution plan 118,893 122,034 12,174 11,322 Defined benefit plan 18,115 7,850 648 81 Employee share grant 429 - 215 - Other employee benefits 289,847 288,894 20,781 22,855 1,492,059 1,617,504 94,337 95,093 Staff costs included in costs of sales amounted to RM1,142,975,000 (2015: RM1,247,414,000) and RM36,262,000 (2015: RM26,220,000) for the Group and Company respectively. 12 DIRECTORS' REMUNERATION Group Company 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 (Restated) Fees: - Independent Non-Executive 1,014 997 883 893 - Non-Independent Non-Executive 1,545 2,140 848 908 - Executive Director 378 537 - - 2,937 3,674 1,731 1,801 Salaries, bonuses and allowances : - Executive Director 1,218 1,663 1,218 1,663 Defined contribution plan: - Executive Director 249 272 249 272