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Notes to the financial statements6. Gains from Enbloc Property Sales, less Impairment LossGroup2006 2005$’000 $’000Net gain on Bugis Junction transactions 57,689 37,791Profit from the sale of Company’s interest in an associated company holding a30% stake in Ocean Towers, Shanghai 27,076 -Impairment loss in respect of:Investment in associated companies with hotel interests in Indonesia andSingapore (5,041) (14,870)Group’s hotels in Myanmar (see Note 13) (32,199) (21,733)Evergro’s investment property (2,100) -45,425 1,188Add:Minority shareholder’s share of impairment loss of Evergro’s investmentproperty 601 -Group’s net share 46,026 1,1887. TaxationGroup2006 2005$’000 $’000Current tax:Singapore 6,546 5,408Foreign 49,423 37,488Deferred tax:Singapore (12,616) (6,176)Foreign 4,411 313Current year’s tax expense 47,764 37,033Under/(over) provision in respect of prior years 3,494 (1,270)Associated companies 6,888 5,468Group relief and others (11,994) (5,669)Tax expense 46,152 35,562192 Notes to the financial statementsKeppel Land LimitedReport to Shareholders 2006