23 DEFERRED TAX (CONTINUED)
Group
2015
RM’000
2014
RM’000
Subject to income tax:
Deferred tax assets (before offsetting):
– Tax losses
7,996
18,483
– Unabsorbed capital allowances
–
4,910
– Deferred revenue
18,924
15,124
– Trade and other payables
9,335
14,902
36,255
53,419
Offsetting
(17,299)
(25,578)
Deferred tax assets (after offsetting)
18,956
27,841
Deferred tax liabilities (before offsetting):
– Property, plant and equipment
(63,499)
(46,430)
– Investment property
(15,911)
(14,470)
– Trade and other receivables
(7,066)
(7,351)
(86,476)
(68,251)
Offsetting
17,299
25,578
Deferred tax liabilities (after offsetting)
(69,177)
(42,673)
The amount 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
2015
RM’000
2014
RM’000
2015
RM’000
2014
RM’000
Unabsorbed capital allowance
41,100
44,769
-
-
Unutilised tax losses
37,600
54,141
7,133
12,922
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.
299
KPJ Healthcare Berhad
Annual Report
2015
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
