TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
100
NOTES TO THE FINANCIAL STATEMENTS
24. Profit before tax (continued)
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Profit before tax is arrived at after charging (continued)
:
Interest expense
56,014
48,580
23,787
20,973
Inventories written off
688
43
-
-
Write-down of inventories
12,580
176
-
-
Impairment loss on:
- Hire purchase receivables
3,683
5,845
-
-
- Trade receivables
4,627
3,504
-
-
- Other investments
-
-
659
658
- Property, plant and equipment
-
4,470
-
-
Net loss on foreign exchange
- Unrealised
5,535
10,466
-
-
- Realised
2,758
3,083
-
-
Personnel expenses (including key management
personnel):
- Contributions to Employees Provident Fund
43,539
41,998
782
688
- Expenses related to defined benefit plans
5,603
4,283
103
852
- Wages, salaries and others
406,887
369,908
5,512
6,390
Property, plant and equipment written off
2,158
430
-
-
Provision for additional import duties (Note 37)
-
56,268
-
-
Rental expense on land and buildings
29,665
27,696
187
184
Warranty claim
1,005
429
-
-
Fair value loss on other investments
233
55
-
-
