116
GHL Systems Berhad
(293040-D)
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 (continued):
Deferred tax liabilities of the Company
Property,
plant and
equipment
Intangible
assets
Others
Total
RM
RM
RM
RM
Balance as at 1 January 2014
246,019
513,438
405
759,862
Recognised in profit or loss
(28,940)
(197,500)
42,816
(183,624)
Balance as at 31 December 2014
(before offsetting)
217,079
315,938
43,221
576,238
Offsetting
(217,079)
(315,938)
(43,221)
(576,238)
Balance as at 31 December 2014
(after offsetting)
-
-
-
-
Balance as at 1 January 2013
96,535
710,938
-
807,473
Recognised in profit or loss
149,484
(197,500)
405
(47,611)
Balance as at 31 December 2013
(before offsetting)
246,019
513,438
405
759,862
Offsetting
(246,019)
(235,145)
(405)
(481,569)
Balance as at 31 December 2013
(after offsetting)
-
278,293
-
278,293
Deferred tax assets of the Company
Unabsorbed
capital
allowances
Unused tax
losses
Others
Total
RM
RM
RM
RM
Balance as at 1 January 2014
(110,010)
(179,732)
(191,827)
(481,569)
Recognised in profit or loss
(118,368)
7,430
16,269
(94,669)
Balance as at 31 December 2014
(before offsetting)
(228,378)
(172,302)
(175,558)
(576,238)
Offsetting
228,378
172,302
175,558
576,238
Balance as at 31 December 2014
(after offsetting)
-
-
-
-
