20. DEFERRED TAX (CONTINUED)
The amounts of unabsorbed capital allowance and unutilised tax losses for which no deferred tax asset are recognised on the
statements of financial position are as follows:
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Unabsorbed capital allowance
111,940
103,187
–
–
Unused tax losses
54,141
44,207
12,922
16,839
Unrecognised tax losses
At the reporting date, the Group has tax losses of approximately RM54,140,553 (2013: RM44,206,101) and the Company has tax
losses of approximately RM12,921,716 (2013: RM16,838,412) that are available for offset against future taxable profits of the
companies in which the losses arose, for which no deferred tax asset is recognised due to uncertainty of its recoverability.
The availability of unused tax losses for offsetting against future taxable profits of the respective subsidiaries in Malaysia are
subject to no substantial changes in shareholdings of those subsidiaries under the Income Tax Act, 1967 and guidelines issued
by the tax authority. The use of tax losses of subsidiaries in other countries is subject to the agreement of the tax authorities
and compliance with certain provisions of the tax legislation of the respective countries in which the subsidiaries operate.
21. INVENTORIES
Group
2014
2013
RM’0
RM’000
RM’000
At cost:
Pharmaceutical products
30,858
38,058
Medical supplies
10,739
12,210
Consumables and disposable items
1,592
1,661
Laboratory chemicals
574
498
Other supplies
804
410
44,567
52,837
263
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
KPJ Healthcare Berhad annual report
2014
