Notes to the Financial Statements - SingTel

Notes to the Financial StatementsFor the financial year ended 31 March 201112.1 Tax Expense (Cont’d)The tax expense on profits was different from the amount that would arise using the Singapore standard rate of income tax dueto the following -Group2011 2010S$ Mil S$ MilProfit before tax 4,446.4 4,501.1Less: Share of results of associated and joint venture companies (1,564.1) (1,862.1)2,882.3 2,639.0Tax calculated at tax rate of 17 per cent (2010: 17 per cent) 490.0 448.6Effects of -Different tax rates of other countries 281.5 259.4Income not subject to tax (24.0) (80.9)Expenses not deductible for tax purposes 28.0 88.8Deferred tax asset not recognised 1.9 2.1Deferred tax asset previously not recognised now recognised (0.3) (1.4)Others 4.6 (0.6)Tax expense attributable to current year’s profit 781.7 716.0136 SINGAPORE TELECOMMUNICATIONS LIMITED AND SUBSIDIARY COMPANIES