ENRICHING LIVES EXPANDING HORIZONS - Maxis

142
Financial Statements
NOTES TO THE
FINANCIAL STATEMENTS
31 December 2011
Continued
7 PROFIT FROM OPERATIONS (CONTINUED)
GROUP
COMPANY
RESTATED
NOTE 2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
Property, plant and equipment written off 40,647 22,673 0 0
Provision for:
- staff incentive scheme 30 49,314 49,699 0 0
- site rectification and decommissioning works 30 901 47 0 0
Rental of land and buildings 56,120 51,330 0 0
Rental of equipment 20,012 24,012 0 0
Rental of network cell sites 246,765 233,602 0 0
Reversal of allowance for:
- impairment of receivables,
deposits and prepayments 37(b) (12,335) (4,089) 0 0
- inventories obsolescence (1,165) (7,826) 0 0
Roaming expense 194,869 246,384 0 0
Service tax on mobile prepaid services 222,288 200,620 0 0
Staff cost:
- Directors’ fees 8 2,760 2,760 2,760 2,760
- staff cost (including Executive
Director’s salaries and other
short-term employee benefits) 10 440,618 386,133 0 0
Universal Service Provision
contributions 436,618 409,134 0 0
Write-back of provision for:
- staff incentive scheme 30 (166) (11,420) 0 0
- site rectification and
decommissioning works 30 0 (3,814) 0 0
(1)
Fees incurred in connection with performance of quarterly reviews, agreed-upon procedures and regulatory compliance reporting paid or payable to
PricewaterhouseCoopers (“PwC”) Malaysia, auditors of the Group and of the Company.
(2)
Fees incurred for assisting the Group in connection with tax compliance and advisory services paid or payable to member firms of PwC Malaysia, auditors of
the Group and of the Company.
The Audit Committee, in ensuring the independence of the Group’s external auditors is consistently maintained, has set out clear
policies and guidelines as to the type of non-audit services that can be offered as well as a structured approval process that has
to be adhered to before any such non-audit services are commissioned. Under these policies and guidelines, non-audit services
can be offered by the Group’s external auditors if the Group can realise efficiencies and value-added benefits from such services.