Page 203 - SC SCAR 2023 ENGLISH Flipbook

18. STAFF COSTS
Remuneration, bonus, staff medical, staff training and overtime
Defined contribution plan Other employees benefits Post-employment benefits
19. FUNDS TO AFFILIATES
2023 RM’000
169,156 21,321 4,744 14,443
209,664
2022 RM’000
153,138 20,389 3,932 13,768
191,227
PART 5 ORGANISATION INFORMATION
The SC provides funds to various entities involved in projects and programmes that develop, promote and enhance the well-being of the Malaysian capital market. Four of the entities are related parties to the SC as disclosed in Note 23.
20. DEFICIT BEFORE TAX
Deficit before tax is arrived at after charging/ (crediting):
Auditors’ remuneration
Executive members’ emoluments Non-executive members’ allowance Rental expense:
Note
2023 RM’000
163 3,198 955
2022 RM’000
134 5,486 1,162
291
234 8,400 - - - 3,201 92 - 9,433 3,547
2022 RM’000
(5,717) - 1,085
(4,632)
Property -
Plant and equipment
Depreciation of property, plant and equipment Gain on disposals of property, plant and equipment Loss on property, plant and equipment written off Net fair value gain on financial assets at FVTPL Amortisation of intangible assets
Depreciation of right-of-use assets
Finance cost on lease liabilities
Repair and maintenance
Communication and online resources
21. TAXATION
371 4 10,186 4 (23) 4 3 (1,325) 5 3,530 6 457 274 11,903 4,021
During FY2023, the SC was granted tax exemption status by the MOF for YA 2022 until
YA 2026.
Current tax expense:
– current financial year
– overprovision of taxation in prior year Deferred taxation (Note 7)
2023 RM’000
- 5,717 (10,057)
(4,340)
SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023 201