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118
GHL Systems Berhad
(293040-D)
Annual report 2015
Notes to the Financial Statements
31 December 2015 (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 (continued)
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)
-
-
-
-
Deferred tax assets of the Company
Unabsorbed
capital
allowances
Unused tax
losses
Others
Total
RM
RM
RM
RM
Balance as at 1 January 2015
(228,378)
(172,302)
(175,558)
(576,238)
Recognised in profit or loss
206,167
110,698
(9,277)
307,588
Balance as at 31 December 2015
(before offsetting)
(22,211)
(61,604)
(184,835)
(268,650)
Offsetting
22,211
61,604
184,835
268,650
Balance as at 31 December 2015
(after offsetting)
-
-
-
-
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)
-
-
-
-