Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
Annual Report 2012 - singapore land limited
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Singapore Land Limited - <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
69<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
For the fi nancial year ended 31 December <strong>2012</strong><br />
8. INCOME TAXES (continued)<br />
(b)<br />
Movements in current income tax liabilities<br />
The Group<br />
The Company<br />
<strong>2012</strong> 2011 <strong>2012</strong> 2011<br />
$’000 $’000 $’000 $’000<br />
Beginning of fi nancial year 41,423 41,145 1,578 1,261<br />
Income tax paid (37,044) (32,860) (131) (121)<br />
Tax expense (note (a)) 54,129 38,087 583 438<br />
Overprovision in prior fi nancial years (note (a)) (671) (4,949) - -<br />
End of fi nancial year 57,837 41,423 2,030 1,578<br />
(c) There is no tax charge relating to the components of other comprehensive income.<br />
9. NET ATTRIBUTABLE PROFIT<br />
The net profi t attributable to equity holders of the Company can be analysed as follows:<br />
The Group<br />
<strong>2012</strong> 2011<br />
$’000 $’000<br />
(restated)<br />
Net profi t before fair value gain on investment properties (note 10) 218,649 214,781<br />
Fair value gain on investment properties held by subsidiary and<br />
associated companies net of non-controlling interests included in:<br />
- Fair value gain on investment properties 165,373 126,372<br />
- Share of results of associated companies 45,597 20,255<br />
- Non-controlling interests (22,515) (7,816)<br />
188,455 138,811<br />
Net attributable profi t 407,104 353,592
Change language