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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
30. DEFERRED TAX (CONT’D)
Deferred Tax Liabilities of the Group:
Revaluation
Accelerated
on Land
Capital
and
Allowances
Building
Others
Total
RM’000
RM’000
RM’000
RM’000
At 1 April 2014
7,969
10,398
4,666
23,033
Recognised in profit or loss
(323)
-
(65)
(388)
Recognised in other comprehensive income
-
18,197
-
18,197
At 31 March 2015
7,646
28,595
4,601
40,842
Recognised in profit or loss
(939)
-
7,048
6,109
At 31 March 2016
6,707
28,595
11,649
46,951
Deferred Tax Liabilities of the Company:
Revaluation
Accelerated on Land
Capital
and
Allowances
Building
Total
RM’000
RM’000
RM’000
At 1 April 2014
499
6,348
6,847
Recognised in profit or loss
(145)
-
(145)
Recognised in other comprehensive income
-
311
311
At 31 March 2015
354
6,659
7,013
Recognised in profit or loss
(150)
-
(150)
At 31 March 2016
204
6,659
6,863
Deferred tax assets have not been recognised in respect of the following items:
Group
2016
2015
RM’000
RM’000
Unutilised tax losses
27,982
25,408
Unabsorbed capital allowances
8,724
8,431
Unabsorbed reinvestment allowances
1,344
1,344
38,050
35,183
The unutilised tax losses and unabsorbed capital allowances of the Group are available indefinitely
against future taxable profit of the respective entities within the Group subject to no substantial changes in
shareholdings of those entities under the Income Tax Act, 1967 and guidelines issued by the tax authority.
Deferred tax assets have not been recognised in respect of these items as they may not be used to offset
taxable profit of other entities in the Group and they have arisen in entities that have a recent history of
losses.