WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...
WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...
WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
40. TAXATION<br />
Tax expense for the year<br />
<strong>WCT</strong> Berhad (66538-K)<br />
annual report 2011<br />
Group Company<br />
2011 2010 2011 2010<br />
RM'000 RM'000 RM'000 RM'000<br />
- Malaysian income tax 37,992 19,599 7,697 9,847<br />
Under provided in prior years<br />
- Malaysian income tax 1,592 126 421 146<br />
Deferred taxation (Note 34)<br />
39,584 19,725 8,118 9,993<br />
Relating <strong>to</strong> origination and reversal of temporary<br />
differences 6,697 27,407 55 1,239<br />
(Over)/Underprovided in prior years (1,672) 817 (809) 764<br />
5,025 28,224 (754) 2,003<br />
44,609 47,949 7,364 11,996<br />
Domestic current income tax is calculated at the statu<strong>to</strong>ry tax rate of 25% (2010: 25%) of the estimated assessable<br />
profit for the financial year.<br />
Taxation expenses for other jurisdictions are calculated at the rates prevailing in the respective jurisdictions.<br />
171<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
31 December 2011<br />
cont’d