Pg 147 - Berjaya Corporation Berhad

23 LONG TERM LIABILITIES (CONT’D)The commitment terms of more than one year under hire purchase and lease creditors are summarised as follows:GroupCompany2006 2005 2006 2005RM’000 RM’000 RM’000 RM’000Gross amounts payable within:1 year after balance sheet date 7,131 24,755 291 168More than 1 year but not later than 2 years 8,406 2,499 291 91More than 2 years but not later than 5 years 12,629 1,150 233 122More than 5 years 659 871 - -28,825 29,275 815 381Less: Unexpired interest (5,386) (954) (107) (47)23,439 28,321 708 334Less: Current portion shownin current liabilities (Note 16) (5,310) (24,207) (253) (154)18,129 4,114 455 180Present value of hire purchase and lease creditors:1 year after balance sheet date 5,310 24,207 253 154More than 1 year but not later than 2 years 6,628 2,265 253 77More than 2 years but not later than 5 years 10,849 980 202 103More than 5 years 652 869 - -23,439 28,321 708 334(d) Club members’ deposits represent amounts paid by members to certain subsidiary companies for membership licences issuedto use and enjoy the facilities of the subsidiary companies’ recreational clubs. The monies are refundable to the members attheir request upon expiry of prescribed terms from the dates of issuance of the licences.(e) Deferred income represents mainly deferred membership fees which are recognised over the membership period by subsidiarycompanies.24 DEFERRED TAXGroupCompany2006 2005 2006 2005RM’000 RM’000 RM’000 RM’000At 1 May 2005/2004 126,458 143,106 502 9,129Recognised in the income statements (Note 31) 7,395 (16,212) (502) (8,627)Deconsolidated due to dilution inequity interest of subsidiary company - (726) - -Exchange differences (520) 290 - -At 30 April 2006/2005 133,333 126,458 - 502Berjaya Land Berhad (201765-A) Annual Report 200675