Bursa Malaysia • Annual Report 2013
140
Financial Reports
18. Deferred tax assets/(liabilities) (cont’d.)
Deferred tax liabilities of the Company:
Accelerated
capital
allowances
AFS
investments
Total
RM’000
RM’000
RM’000
At 1 January 2013
(17,435)
(110)
(17,545)
Recognised in income statement
(8,943)
(46)
(8,989)
Recognised in other comprehensive income
-
69
69
At 31 December 2013
(26,378)
(87)
(26,465)
At 1 January 2012
(21,072)
(168)
(21,240)
Recognised in income statement
3,637
4
3,641
Recognised in other comprehensive income
-
54
54
At 31 December 2012
(17,435)
(110)
(17,545)
At the financial year end, the Group has tax losses of approximately RM17,485,000 (2012: RM17,131,000) that are available for offset against future
taxable profits of the companies in which the losses arose. No deferred tax asset is recognised on this amount 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.
19. Trade receivables
Group
Company
2013
2012
2013
2012
RM’000
RM’000
RM’000
RM’000
Trade receivables
33,234
28,920
1,480
1,581
Less: Allowance for impairment
(501)
(458)
(194)
(206)
32,733
28,462
1,286
1,375
Notes to the Financial Statements
31 December 2013
