PRG Holdings Berhad Annual Report 2020

Annual Report 2020 137 15. DEFERRED TAX (ASSETS)/LIABILITIES (continued) (b) The components and movements of deferred tax (assets)/liabilities during the financial year are as follows: Deferred tax assets of the Group Other Unutilised deductible business temporary losses differences Total RM’000 RM’000 RM’000 At 31 December 2018/1 January 2019 (1,280) (3,684) (4,964) Effects of adoption of MFRS 16 - (17) (17) Restated balance as at 1 January 2019 (1,280) (3,701) (4,981) Recognised in profit or loss 71 1,711 1,782 Reclassified to assets held for sale 1,194 1,624 2,818 At 31 December 2019/1 January 2020 (15) (366) (381) Recognised in profit or loss (1,216) 181 (1,035) Acquisition of a subsidiary (51) - (51) Translation adjustments 1 - 1 At 31 December 2020 (1,281) (185) (1,466) Deferred tax liabilities of the Group Property, plant and Intangible equipment assets Others Total RM’000 RM’000 RM’000 RM’000 At 31 December 2018/ 1 January 2019 743 - 4 747 Acquisition of subsidiaries - 1,248 - 1,248 Recognised in profit or loss (13) (64) 6 (71) Translation adjustments - (30) - (30) At 31 December 2019/ 1 January 2020 730 1,154 10 1,894 Recognised in profit or loss (56) (128) 91 (93) Translation adjustments - 53 - 53 At 31 December 2020 674 1,079 101 1,854 Notes to the Financial Statements 31 December 2020 cont’d