ANNUAL REPORT 2012 - Wawasan TKH Holdings Berhad

WAWASAN TKH HOLDINGS BERHAD (540218-A)
ANNUAL REPORT 2012
077
NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2012 (cont’d)
17. DEFERRED TAX LIABILITIES
(a) Deferred tax liabilities are attributable to the following:
2012
RM’000
Group
2011
RM’000
Property, plant and equipment
6,770
7,063
(b) The movements of deferred tax liabilities during the financial year are as follows:
2012
RM’000
Group
2011
RM’000
At 1 January
Recognised in profit or loss (Note 21)
At 31 December
7,063
(293)
6,770
7,355
(292)
7,063
(c) The amounts of temporary differences for which no deferred tax assets have been recognised in the
statements of financial position are as follows:
Group
2012 2011
RM’000 RM’000
Unabsorbed capital allowances
Unused tax losses
Provisions
At 25% (2011: 25%)
21,204
51,522
678
73,404
18,351
15,388
47,650
889
63,927
15,982
Deferred tax assets have not been recognised in respect of these items as it is not probable that future
taxable profit would be available against which the deductible temporary differences can be utilised.
The deductible temporary differences do not expire under the current tax legislation.
18. REVENUE
2012
RM’000
Group
2011
RM’000
2012
RM’000
Company
2011
RM’000
Sales
Management fees
54,407
-
70,340
-
-
374
-
614
54,407
70,340
374
614