Notes to the Financial Statements
22. Deferred taxation (cont'd.)
The components and movements of deferred tax assets and liabilities during the financial year prior to offsetting were as follows:
Deferred tax (assets)/liabilities of the Group:
Fair value
adjustment
arising
from
Property,
business
plant and
Unused
tax losses combination equipment
Others
Total
RM'000
RM'000
RM'000
RM'000
RM'000
At 1 January 2010
16,679
450
575
17,704
-
Recognised in income statement
(74)
-
1,626
1,552
-
At 31 December 2010
16,605
450
2,201
19,256
-
At 1 January 2009
16,753
-
450
1,203
(16,000)
Recognised in income statement
(74)
575
-
16,501
16,000
At 31 December 2009
16,679
575
450
17,704
-
Deferred tax (assets)/liabilities of the Company:
Accelerated
capital
Unused
allowances
tax losses
Total
RM'000
RM'000
RM'000
575
At 1 January 2010
-
575
1,626
Recognised in income statement
-
1,626
2,201
At 31 December 2010
-
2,201
-
At 1 January 2009
(16,000)
(16,000)
575
Recognised in income statement
16,000
16,575
575
At 31 December 2009
-
575
Deferred tax assets have not been recognised in respect of the following items:
Group
Company
2009
2009
2010
2010
RM'000
RM'000
RM'000
RM'000
-
139,994
-
129,361
Unused tax losses
283,448
164,853
259,068
130,772
Allowance for impairment
49,317
66,368
49,023
66,076
Impairment losses on inventories of land held for sale
83,224
40,631
112,352
70,365
Collective impairment/General provision
6,506
15,367
-
19,316
Unabsorbed capital allowances
9,260
33,818
32,681
49,716
Others
431,755
461,031
453,124
465,606
NNUAL
10 A
20
RE
100
