Annual report 2014
115
NOTES TO THE FINANCIAL STATEMENTS
31 December 2014 (continued)
14. DEFERRED TAX (continued)
(b) The components and movements of deferred tax liabilities and assets during the financial year prior to
offsetting are as follows:
Deferred tax liabilities of the Group
Property,
plant and
equipment
Intangible
assets
Others
Total
RM
RM
RM
RM
Balance as at 1 January 2014
3,036,850
556,382
2,044 3,595,276
Acquisition of subsidiaries (Note 10)
360,000
-
-
360,000
Recognised in profit or loss
629,956 (112,412)
44,868
562,412
Recognised in other comprehensive income
-
-
173
173
Balance as at 31 December 2014
(before offsetting)
4,026,806
443,970
47,085 4,517,861
Offsetting
(3,657,178)
(443,970)
(47,085) (4,148,233)
Balance as at 31 December 2014
(after offsetting)
369,628
-
-
369,628
Balance as at 1 January 2013
2,069,539
710,938
-
2,780,477
Recognised in profit or loss
967,311 (154,556)
2,044
814,799
Balance as at 31 December 2013
(before offsetting)
3,036,850
556,382
2,044 3,595,276
Offsetting
(3,020,299)
(278,089)
(2,044) (3,300,432)
Balance as at 31 December 2013
(after offsetting)
16,551
278,293
-
294,844
Deferred tax assets of the Group
Unabsorbed
capital
allowances
Unused tax
losses
Others
Total
RM
RM
RM
RM
Balance as at 1 January 2014
(4,433,629)
(760,158)
(549,888) (5,743,675)
Recognised in profit or loss
369,987
155,760 (180,968)
344,779
Recognised in other comprehensive income
-
-
(12,203)
(12,203)
Balance as at 31 December 2014
(before offsetting)
(4,063,642)
(604,398)
(743,059) (5,411,099)
Offsetting
3,439,549
187,390
521,294 4,148,233
Balance as at 31 December 2014
(after offsetting)
(624,093)
(417,008)
(221,765) (1,262,866)
Balance as at 1 January 2013
(2,744,909)
(6,820)
(421,275) (3,173,004)
Recognised in profit or loss
(1,688,720)
(753,338)
(128,613) (2,570,671)
Balance as at 31 December 2013
(before offsetting)
(4,433,629)
(760,158)
(549,888) (5,743,675)
Offsetting
2,570,055
182,164
548,213 3,300,432
Balance as at 31 December 2013
(after offsetting)
(1,863,574)
(577,994)
(1,675) (2,443,243)
