Sasbadi Annual Report 2023

10. DEFERRED TAX ASSETS/(LIABILITIES) (continued) Unrecognised deferred tax assets Deferred tax assets have not been recognised in respect of the following items: Group 2023 2022 RM’000 RM’000 Unutilised tax losses - Expires by 31 August 2028 1,587 2,314 - Expires by 31 August 2029 1,670 1,917 - Expires by 31 August 2030 1,755 2,440 - Expires by 31 August 2031 1,076 2,536 - Expires by 31 August 2032 234 247 - Expires by 31 August 2033 16 - Unabsorbed capital allowances 1,283 1,116 Contract liabilities 456 1,089 Other deductible temporary differences 186 119 8,263 11,778 Deferred tax assets have not been recognised in respect of these items because there is no sufficient future taxable profits available against which they can be utilised. Unutilised tax losses can be carried forward for ten (10) consecutive years of assessment whilst the unabsorbed capital allowances do not expire under the current tax legislation. These items are subject to the agreement of the Inland Revenue Board. 11. RIGHT-OF-USE ASSETS/(LEASE LIABILITIES) The Group as a lessee Right-of-use assets classified within property, plant and equipment Group 2023 2022 Carrying amount RM’000 RM’000 Condominium 359 299 Leasehold land 24,376 19,142 Buildings 16,616 16,763 Motor vehicles 18 38 Total 41,369 36,242 ANNUAL REPORT 2023 SASBADI HOLDINGS BERHAD 108 Financial Statements (continued)

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