Pg 108 - Berjaya Corporation Berhad

Notes To The Financial Statements30 April 200828 PROFIT BEFORE OTHER INCOME AND EXPENSES (CONT’D)(a) Directors’ remunerationThe aggregate Directors’ remuneration for Directors of the Company that are in office during the financial year receivedfrom the Group and the Company are as follows:FeesRM’000Benefitsin-kindRM’000Salariesand otheremolumentsRM’000Performanceincentive *RM’000BonusRM’000TotalRM’0002008Executive 8 95 4,998 - 1,205 6,306Non-executive 135 - 526 - 26 687143 95 5,524 - 1,231 6,9932007Executive 10 95 6,065 6,965 1,039 14,174Non-executive 135 - 364 - 26 525145 95 6,429 6,965 1,065 14,699* The performance incentive in the previous year was paid to Tan Sri Dato’ Seri Vincent Tan Chee Yioun (“TSVT”) asManaging Director/Chief Executive Officer of Sports Toto Malaysia Sdn Bhd (“STM”), a wholly-owned subsidiarycompany, pursuant to the performance incentive scheme that was effective since December 1988. The incentivescheme is calculated at the rate of 2% on the amount of STM’s annual audited net profit before tax that exceeds RM30million. For the previous financial year ended 30 April 2007, the total amount paid to TSVT (including contribution toEPF) amounted to RM12.015 million. TSVT had on 21 December 2006 resigned from the position of Chief ExecutiveOfficer of the Company.(b) Employee benefit expenses2008RM’000Group2007RM’0002008RM’000Company2007RM’000Wages, salaries and other allowances 47,052 45,445 1,075 926Social security costs and employee insurance 4,200 2,136 81 116Bonuses 7,552 6,810 179 87Pension costs- defined contribution plans 4,989 4,769 154 190- defined benefit plans (Note 21) 208 206 - -Provision for short term compensated absences 9 (32) 2 564,010 59,334 1,491 1,32429 INVESTMENT RELATED INCOME2008RM’000Group2007RM’0002008RM’000Company2007RM’000Gain on disposal of quoted investments - 3 - -Dividend income from investments 346 674 - -Fair value adjustments of investment properties (Note 7) 594 420 - -Reversal of impairment loss on quoted investments 2,270 - - -Reversal of impairment loss oninvestment in a subsidiary company - - - 35,0633,210 1,097 - 35,06380 Berjaya Sports Toto Berhad (9109-K) Annual Report 2008