FGV Audited Financial Statements 2023

4 AUDITORS’ REMUNERATION Details of auditors’ remuneration are set out in Note 12 to the financial statements, which are as follows: Group RM’000 Company RM’000 Principal auditors’ remuneration: - Audit fee 4,358 659 - Other assurance services 1,937 1,187 - Non-audit fee 908 1,283 Member firms of principal auditors’ remuneration: - Audit fee 964 - Other firms of auditors’ remuneration: - Audit fee 111 - DIRECTORS’ REMUNERATION Details of Directors’ remuneration are set out in Note 13 to the financial statements, which are as follows: Group RM’000 Company RM’000 - Fees 2,000 1,860 - Benefits in kind 16 16 - Other benefits 496 450 2,512 2,326 INDEMNITY AND INSURANCE FOR DIRECTORS AND OFFICERS The Company maintains a corporate liability insurance for the Directors and Officers of the Group throughout the financial year, which provides appropriate insurance cover for the Directors and Officers of the Group. The total amount of insurance premium paid by the Group during the financial year amounted to RM2,121,000 (2022: RM2,123,000). STATUTORY INFORMATION ON THE FINANCIAL STATEMENTS Before the financial statements of the Group and of the Company were prepared, the Directors took reasonable steps: (a) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and (b) to ensure that any current assets, which were unlikely to be realised in the ordinary course of business including the values of current assets as shown in the accounting records of the Group and of the Company had been written down to an amount which the current assets might be expected so to realise. DIRECTORS’ REPORT

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