Full Version Guinness Anchor Berhad Annual Report 2009 - Gab

116 GUINNESS ANCHOR BERHAD (5350-X)
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2009
7. DEFERRED TAX ASSETS AND LIABILITIES
Recognised deferred tax assets and liabilities
Deferred tax assets and liabilities are attributable to the following:
Assets Liabilities Net
2009 2008 2009 2008 2009 2008
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
Group
Property, plant and equipment 1,924 2,338 (33,658) (33,864) (31,734) (31,526)
Other items 2,610 3,598 – – 2,610 3,598
Tax assets/(liabilities) 4,534 5,936 (33,658) (33,864) (29,124) (27,928)
Set off (2,610) (3,598) 2,610 3,598 – –
Net tax assets/ (liabilities) 1,924 2,338 (31,048) (30,266) (29,124) (27,928)
Company
Property, plant and equipment – – (33,658) (33,864) (33,658) (33,864)
Other items 2,610 3,598 – – 2,610 3,598
Tax assets/(liabilities) 2,610 3,598 (33,658) (33,864) (31,048) (30,266)
Movement in temporary differences during the year
Recognised
Recognised
in income
in income
At statement At statement At
1.7.2007 (Note 15) 30.6.2008 (Note 15) 30.6.2009
RM’000 RM’000 RM’000 RM’000 RM’000
Group
Property, plant and equipment 32,399 (873) 31,526 208 31,734
Other items (3,885) 287 (3,598) 988 (2,610)
28,514 (586) 27,928 1,196 29,124
Company
Property, plant and equipment 35,208 (1,344) 33,864 (206) 33,658
Other items (3,885) 287 (3,598) 988 (2,610)
31,323 (1,057) 30,266 782 31,048