Pg 108 - Berjaya Corporation Berhad

Notes To The Financial Statements30 April 20089 DEFERRED TAX (ASSETS) / LIABILITIES (CONT’D)The components and movements of deferred tax assets and liabilities during the financial year prior to offsetting are asfollows:Deferred Tax Assets of the Group:At 1 MayRM’000Recognisedin the incomestatementRM’000ExchangedifferencesRM’000At 30 AprilRM’0002008Retirement cost obligation 271 73 7 351Payables 16,760 (3,055) - 13,705Receivables - 50 (1) 49Tax losses and unabsorbed capital allowances 133 2,241 (10) 2,36417,164 (691) (4) 16,469Less : set-off against deferred tax liabilities (15,611)8582007Retirement cost obligation 315 (54) 10 271Payables 17,581 (838) 17 16,760Tax losses and unabsorbed capital allowances 194 (61) - 13318,090 (953) 27 17,164Less : set-off against deferred tax liabilities (15,696)1,468Deferred Tax Liabilities of the Group:At 1 MayRM’000Effects ofadoptingFRS 140RM’000Recognisedin the incomestatementRM’000ExchangedifferencesRM’000At 30 AprilRM’0002008Accelerated capital allowances 15,310 - (1,049) - 14,261Investment properties 3,786 - 37 - 3,82319,096 - (1,012) - 18,084Less : set-off against deferred tax assets (15,611)2,4732007Accelerated capital allowances 17,364 - (2,054) - 15,310Investment properties - 3,786 - - 3,786Receivables 2,092 - (2,092) - -Inventories 43 - (43) - -19,499 3,786 (4,189) - 19,096Less : set-off against deferred tax assets (15,696)3,400Berjaya Sports Toto Berhad (9109-K) Annual Report 2008 67