65

Notes To The Financial Statements

VITROX CORPORATION BERHAD

[649966-K]

For The Financial Year Ended 31 December 2008

17. EMPLOYEE BENEFITS EXPENSE

The Group

The Company

2008

2007

2008

2007

RM

RM

RM

RM

Short-term employee benefits

5,000,695

5,157,519

316,772

385,655

Defined contribution plans

597,042

543,476

34,832

40,938

5,597,737

5,700,995

351,604

426,593

18. PROFIT BEFORE TAX

The Group

The Company

2008

2007

2008

2007

RM

RM

RM

RM

Profit before tax is arrived at after

charging:-

Allowance for doubtful debts

745,827

0

0

0

Allowance for slow moving inventories

273,666

516,568

0

0

Auditors’ remuneration

- current year

33,761

34,890

9,500

9,500

- prior year

2,800

0

0

(2,500)

Direct operating expenditure on

investment property generating

rental income

6,915

1,351

0

0

Loss on foreign exchange

- realised

11,691

118,075

0

0

- unrealised

39,474

98,202

0

0

Property, plant and equipment

written-off

0

4,215

0

0

Rental of premises

85,735

72,999

0

0

Research and development expenditure

2,263,939

1,445,838

0

0

and crediting:-

Gain on disposal of property,

plant and equipment

0

156,356

0

0

Interest income

596,973

301,302

60,854

103,982

Realised gain on foreign exchange

287,956

603

0

0

Rental income

- investment property

38,400

38,400

0

0

- others

56,000

48,000

0

0