134
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
13. DEFERRED TAX
(a)
The deferred tax assets and liabilities are made up of the following:
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Balance as at 1 July 2015/2014
3,892
3,953
8
8
Currency translation differences
(596)
144
-
-
Recognised in profit or loss (Note 30)
1,450
(205)
(11)
-
Balance as at 30 June 2016/2015
4,746
3,892
(3)
8
Presented after appropriate offsetting as follows:
Deferred tax assets, net
(2,113)
(3,430)
(3)
-
Deferred tax liabilities, net
6,859
7,322
-
8
4,746
3,892
(3)
8
(b)
The components and movements of deferred tax liabilities and assets during the financial year prior to offsetting are as follows:
Deferred tax liabilities of the Group
Property,
plant and
equipment
RM’000
Intangible
assets
RM’000
Other
taxable
temporary
differences
RM’000
Offsetting
RM’000
Total
RM’000
At 1 July 2015
2,401
4,883
45
(7)
7,322
Currency translation differences
(596)
-
-
-
(596)
Recognised in profit or loss
225
(244)
223
(71)
133
At 30 June 2016
2,030
4,639
268
(78)
6,859
At 1 July 2014
2,604
5,127
136
(1,201)
6,666
Currency translation differences
173
-
-
-
173
Recognised in profit or loss
(376)
(244)
(91)
1,194
483
At 30 June 2015
2,401
4,883
45
(7)
7,322
