Tropicana Corporation Berhad Annual Report 2023

!$" INCOME#TAX#EXPENSE.(BENEFIT)#(CONT’D") The!following!are!deferred!tax!assets!which!have!not!been!recognised!by!the!Group!as!they!have!arisen!in!companies!that!have!a!recent! history!of!losses!or!in!companies!where!future!taxable!profit!may!be!insufficient!to!trigger!the!utilisation!of!these!items' Group +"+$ +"++ RM’""" RM’""" Unused!tax!losses !#&.%#&,! !!$""&",%!! Unabsorbed!capital!allowances !$,%#,,! !+&$01! Unused!investment!tax!allowances !#))%,,&! !$+-&$",! Other!deductible!temporary!di(erences !+#'%()$! !!$0%&-/"!!! !!'&.%#"(! !!11$&/1#!! Tax!losses!for!which!the!tax!e(ects!have!not!been!recognised!in!the!financial!statements) Group +"+$ +"++ RM’""" RM’""" Unused!tax!losses) -!Expiring!in!"#", !#(%.#'! !"#&/0/! -!Expiring!in!"#"- !$%$()! !,&/-#! -!Expiring!in!"#+# !++%..(! !"#&-%1! -!Expiring!in!"#+$ !$#%#+"! !+$&-0"! -!Expiring!in!"#+" !#'%'"(! !!1#&$,/!!! -!Expiring!in!"#++ !((%)&&!! –! !!#&.%#&,! !$""&",%!! The!Malaysia!Finance!Act!gazetted!on!"0!December!"#$,!has!imposed!a!time!limitation!to!restrict!the!carry!forward!of!the!unutilised! tax!losses!for!Malaysia!entities'!Based!on!the!latest!Malaysian!Finance!Act!gazetted!on!+$!December!"#"$&!the!time!limit!for!the!carry! forward!of!the!unutilised!tax!losses!has!been!extended!from!0!years!to!$#!years'! The!unutilised!tax!losses!accumulated!up!to!the!year!of!assessment!"#$,!are!allowed!to!be!carried!forward!for!$#!consecutive!years!of! assessment!(i'e'!from!years!of!assessment!"#$-!to!"#",)!and!any!balance!of!the!unutilised!losses!thereafter!shall!be!disregarded' Deferred!tax!assets!have!not!been!recognised!in!respect!of!unabsorbed!capital!allowances!and!unused!tax!losses!because!it!is!probable! that!the!future!taxable!profit!of!certain!loss-making!subsidiaries!would!not!be!available!against!which!the!tax!losses!and!unabsorbed! capital!allowances!can!be!utilised' 219 FINANCIAL STATEMENTS & OTHER INFORMATION

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