Notice of Annual General Meeting - Announcements - Bursa Malaysia

48
ANNUAL REPORT 2012 GROMUTUAL BERHAD (Company No. 625034-X)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2012 (continue)
The Group
2011
Assets
Addition to investment properties
Addition to property, plant and
equipment
Segment assets
Unallocated corporate assets
Consolidated assets
Liabilities
Segment liabilities
Unallocated corporate liabilities
Consolidated liabilities
Property Property
development management Others* Elimination Consolidated
RM RM RM RM RM
* The operating divisions which fall below the quantitative thresholds and cannot be aggregated to
form a reportable operating segment includes small plantation business and Group-level corporate
services and treasury functions.
^ Inter-segment income are eliminated upon consolidation and reflected in the eliminations' column.
10. INCOME TAX EXPENSE
Current tax expense:
Current year
(Under)Overprovision in prior year
Deferred tax (Note 23):
Origination and reversal
of temporary differences
-
2,541
253,749,624
101,665,741
6,931,869
942,649
99,569,801
35,680,978
The Group The Company
2012 2011 2012 2011
RM RM RM RM
(7,939,378)
(11,881)
630,709
(7,320,550)
Malaysian corporate income tax is calculated at the statutory tax rate of 25% (also 25% in 2011) of
the estimated taxable profit for the year.
-
255,828
28,676,474
7,137,273
(6,210,583)
9,184
257,867
(5,943,532)
-
-
(42,163,353)
(52,927,653)
(1,293,103)
300
-
(1,292,803)
6,931,869
1,201,018
339,832,546
740,095
340,572,641
91,556,339
241,632
91,797,971
(1,077,760)
-
-
(1,077,760)