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Axiata Group Berhad | Annual Report 2016
FINANCIAL STATEMENTS
164
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
7(b). OTHER OPERATING COSTS (CONTINUED)
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
1
Others include:
Audit fees:
- PricewaterhouseCoopers Malaysia (“PwCM”)
3,742
2,525
2,113
1,175
- Member firm of PwC International Limited (“PwCI”)*
4,667
3,656
-
-
- Others
147
60
-
-
Audit related fees
(i)
:
- PwCM and PwCI
3,914
6,438
2,651
1,866
12,470
12,679
4,764
3,041
Other fees paid to PwCM and PwCI:
- Tax and tax related services
(ii)
581
1,065
101
332
- Other non-audit services
(iii)
12,354
4,265
884
1,750
Total
25,405
18,009
5,749
5,123
*
Separate and independent legal entity from PwCM.
(i)
Fees incurred in connection with performance of quarterly reviews, review of purchase price allocation, agreed-upon procedures and
regulatory compliance.
(ii)
Fees incurred for assisting the Group in connection with tax compliance and advisory services.
(iii)
Fees incurred primarily in relation to due diligences on potential acquisitions, project management and other advisory services mainly incurred
by a foreign subsidiary
In order to maintain the independence of the external auditors, the Audit Committee has determined policies as to what non-audit services can be
provided by external auditors of the Group and the approval processes related to them. Under these policies and guidelines, non-audit services can
be offered by external auditors of the Group if there are clear efficiencies and value-added benefits to the Group.
7(c). STAFF COSTS (including remuneration of Executive Directors of the Company)
Note
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Staff costs excluding Directors:
- salaries, allowances, overtime and bonus
1,140,643
888,338
66,290
59,752
- termination benefits
47,992
106,977
-
-
- contribution to EPF
93,077
86,587
11,778
10,969
- other staff benefits
220,662
156,512
15,400
10,646
- ESOS and RSA expenses
14(a)
28,345
52,502
11,218
5,298
- Share based compensation expense of a subsidiary
14(b)
15,650
9,787
-
-
- Pioneer Grant of a subsidiary
14(c)
9,896
11,724
-
-
Remuneration of Executive Directors of the Company
7(d)
8,445
6,956
8,445
6,956
Total
1,564,710
1,319,383
113,131
93,621