Annual Report 2016 - QL Resources Sdn Bhd - page 113

Annual Report 2016
111
22. Finance costs
Group Company
2016 2015 2016 2015
RM’000 RM’000 RM’000 RM’000
Interest expense of financial liabilities that are
not at fair value through profit or loss:
- term loans 22,137 17,236 18,256 15,935
- bank overdrafts 1,765 1,484 - -
- bills payable 8,498 8,889 - -
- finance lease liabilities 90 144 - -
- banker’s acceptances 1,680 2,643 - -
- revolving credit 1,742 2,632 739 2,570
- subsidiaries - - - 933
35,912 33,028 18,995 19,438
Other finance costs 2,464 2,540 - -
38,376 35,568 18,995 19,438
23. Finance income
Group Company
2016 2015 2016 2015
RM’000 RM’000 RM’000 RM’000
Interest income of financial assets that are
not at fair value through profit or loss:
- deposits placed with licensed banks 4,396 5,242 571 1,944
- subsidiaries - - 24,311 17,627
- others 1,275 622 - -
5,671 5,864 24,882 19,571
24. Tax expense
Group Company
2016 2015 2016 2015
RM’000 RM’000 RM’000 RM’000
Tax expense on continuing operations 47,720 50,035 400 1,317
Share of tax of equity
- accounted associates 3,284 7,847 - -
Total tax expense 51,004 57,882 400 1,317
Notes to the Financial Statements
(Cont’d.)
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