Singapore Press Holdings annual report 2011 Singapore Press ...

Notes to the
Financial StatementS
August 31, 2011
121
6. INCOME TAXES (CONT’D)
(a)
Deferred income taxes (cont’d)
2010
Group
(i) Deferred income tax liabilities
Accelerated Fair Profit from
Tax Value Development
Depreciation Changes Properties Others Total
S$’000 S$’000 S$’000 S$’000 S$’000
Beginning of financial year 61,255 211 23,736 2,231 87,433
(Credited)/Charged to
income statement (4,156) - (23,736) 515 (27,377)
Debited to equity [Note 5(c)] - 126 - - 126
Acquisition of business by
a subsidiary [Note 20(b)] 282 - - - 282
Currency translation differences (2) - - - (2)
End of financial year 57,379 337 - 2,746 60,462
(ii)
Deferred income tax assets
Fair
Value
Provisions Changes Others Total
S$’000 S$’000 S$’000 S$’000
Beginning of financial year (4,283) (2,854) (64) (7,201)
Charged to income statement 504 - - 504
Debited to equity [Note 5(b)] - 414 - 414
Currency translation differences (18) - - (18)
End of financial year (3,797) (2,440) (64) (6,301)