10. INCOME TAX EXPENSE
Major components of income tax expense
The major components of income tax expense for the years ended 31 December 2014 and 2013 are:
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Statements of comprehensive income:
Current income tax:
– Malaysian income tax
81,712
57,170
–
1,683
– Foreign income tax
21
633
–
–
– Overprovision in respect of previous years
(4,871)
(3,655)
(1,103)
(1,097)
76,862
54,148
(1,103)
586
Deferred income tax:
– Reversal of temporary differences
(10,700)
(7,491)
–
–
– Under provision in respect of previous years
2,404
710
–
–
(8,296)
(6,781)
–
–
Income tax expense recognised in profit or loss
68,566
47,367
(1,103)
586
Deferred income tax related to other comprehensive
income:
– Net surplus on revaluation of freehold land &
building
1,105
–
–
–
– Acquisition of a subsidiary
–
548
–
–
1,105
548
–
–
The current income tax is calculated at the statutory tax rate of 25% (2013: 25%) of the estimated assessable profit for the
year. The domestic statutory rate will be reduced to 24% from the current year’s rate of 25% effective year of assessment
2016.
237
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
KPJ Healthcare Berhad annual report
2014
