Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 27. Deferred tax liabilities/(assets) Deferred tax liabilities/(assets) as at 31 December relate to the following: As at As at As at 1 January Recognised in 31 December Recognised in 31 December 2019 profit or loss 2019 profit or loss 2020 (Note 10) (Note 10) Group RM RM RM RM RM Deferred tax liabilities Property, plant and equipment 9,152,138 (2,341,531) 6,810,607 (191,692) 6,618,915 Others 2,438,551 (1,144,564) 1,293,987 (407,122) 886,865 11,590,689 (3,486,095) 8,104,594 (598,814) 7,505,780 Deferred tax assets Unutilised tax credits (1,599,820) 334,710 (1,265,110) (279,201) (1,544,311) Provision for defect liability costs and others (6,209,713) 332,277 (5,877,436) (737,139) (6,614,575) (7,809,533) 666,987 (7,142,546) (1,016,340) (8,158,886) 3,781,156 (2,819,108) 962,048 (1,615,154) (653,106) Deferred tax assets have not been recognised in respect of the following items: 2020 2019 RM RM Unutilised tax losses 2,815,000 2,618,000 Unabsorbed capital allowances 4,000 4,000 Other temporary differences 10,444,000 2,372,000 Group - 86 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) 143