60
Notes To The Financial Statements
VITROX CORPORATION BERHAD
[649966-K]
For The Financial Year Ended 31 December 2008
7.
DEVELOPMENT EXPENDITURE
The Group
RM
At Cost
Balance at 1 January 2007
766,006
Additions - internal development
548,745
Balance at 31 December 2007
1,314,751
Additions - internal development
1,008,804
Balance at 31 December 2008
2,323,555
Accumulated Amortisation
Balance at 1 January 2007
0
Amortisation
136,929
Balance at 31 December 2007
136,929
Amortisation
192,260
Balance at 31 December 2008
329,189
Carrying Amount
Balance at 1 January 2007
766,006
Balance at 31 December 2007
1,177,822
Balance at 31 December 2008
1,994,366
Included in additions of development expenditure during the year are employee benefits expense as follows:-
2008
2007
RM
RM
Short-term employee benefits
436,690
429,440
Defined contribution plans
54,271
56,426
490,961
485,866
8.
INVESTMENTS IN SUBSIDIARIES
The Company
2008
2007
RM
RM
Unquoted shares, at cost
8,542,012
8,542,012
