23 DEFERRED TAX
Deferred tax assets and liabilities were offset when there is a legally enforceable right to set off current tax assets against
current tax liabilities and when the deferred taxes relate to the same tax authority. The following amounts, determined after
appropriate offsetting are shown on the statements of financial position.
Group
2015
RM’000
2014
RM’000
Deferred tax assets
18,956
27,841
Deferred tax liabilities
(69,177)
(42,673)
At 31 December
(50,221)
(14,832)
The movement in the deferred tax assets and liabilities (prior to offsetting of balances within the same tax jurisdiction) during the
financial year is as follow:
Group
2015
RM’000
2014
RM’000
At 1 January
(14,832)
(22,023)
(Charged)/credit to profit or loss (Note 13)
– Property, plant and equipment
(11,350)
(5,706)
– Investment property
(1,441)
(1,338)
– Trade and other receivables
285
12,573
– Tax losses
(10,487)
2,328
– Deferred revenue
3,800
439
– Trade and other payables
(5,567)
–
(24,760)
8,296
Charged to other comprehensive income
(10,629)
(1,105)
At 31 December
(50,221)
(14,832)
298
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
