Sasbadi Annual Report 2021

92 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) 92 9. OTHER INVESTMENTS (continued) The following table shows a reconciliation of Level 1 fair values of shares quoted in Malaysia: Group 2021 2020 RM’000 RM’000 Balance as at 1 September 190 228 Fair value changes (12) (38) Balance as at 31 August 178 190 Sensitivity analysis for other investments is not material to the Group. As these are domestic securities, the maximum exposure to credit risk is represented by the carrying amount of the other investments of the Group. 10. DEFERRED TAX ASSETS/(LIABILITIES) Recognised deferred tax assets/(liabilities) Deferred tax assets/(liabilities) are attributable to the followings: Assets Liabilities Net Group 2021 2020 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Property, plant and equipment - capital allowance 129 8 (79) (249) 50 (241) - revaluation - - (6,882) (6,991) (6,882) (6,991) Right-of-use assets - - (295) (546) (295) (546) Lease liabilities 306 559 - - 306 559 Intangible assets - - (1,710) (1,891) (1,710) (1,891) Contract costs - - (250) (110) (250) (110) Contract liabilities 442 332 - - 442 332 Unutilised tax losses 2,357 1,297 - - 2,357 1,297 Other deductible temporary differences 1,843 1,655 - - 1,843 1,655 Tax assets/(liabilities) 5,077 3,851 (9,216) (9,787) (4,139) (5,936) Set off of tax (3,962) (2,455) 3,962 2,455 - - 1,115 1,396 (5,254) (7,332) (4,139) (5,936)