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Kumpulan Fima Berhad

(11817-V)

188

Notes to the

financial statements

31 march 2017

28. Deferred tax (cont’d.)

Deferred tax liabilities of the Company:

Accelerated Revaluation

capital

on land and

allowances

building

Total

RM’000

RM’000

RM’000

At 1 April 2015

354

6,659

7,013

Recognised in profit or loss

229

(379)

(150)

At 31 March 2016

583

6,280

6,863

Recognised in profit or loss

(460)

(124)

(584)

At 31 March 2017

123

6,156

6,279

Deferred tax assets have not been recognised in respect of the following items:

Group

2017

2016

RM’000

RM’000

Unutilised tax losses

26,372

27,982

Unabsorbed capital allowances

10,717

8,724

Unabsorbed reinvestment allowances

1,344

1,344

38,433

38,050

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.