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Download - Axiata Group Berhad - Investor Relations

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19. DEFERRED TAXDeferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets againstcurrent tax liabilities and when the deferred taxes relate to the same tax authority. The following amounts, determinedafter appropriate offsetting, are shown in the balance sheet:<strong>Group</strong>2009 2008RM’000 RM’000Subject to income tax:Deferred tax assets (180,429) (141,188)Deferred tax liabilities 1,247,758 777,263Total deferred tax 1,067,329 636,075At 1 January 636,075 718,995– property, plant and equipment 517,066 (88,782)– tax losses (146,163) 7,913– provision and others 33,549 8,053Charge/(credit) to income statement (Note 11) 404,452 (72,816)– currency translation differences 26,802 (10,104)At 31 December 1,067,329 636,075The tax effect of deductible temporary differences and unutilised tax losses of the <strong>Group</strong> and the Company for whichno deferred tax asset is recognised in the balance sheet are as follows:<strong>Group</strong>Company2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Deductible temporary differences 46,211 44,496 3,275 1,189Unutilised tax losses 70,718 66,495 — —116,929 110,991 3,275 1,189The benefits of these tax losses and credits will only be obtained if the Company and the relevant subsidiaries derivefuture assessable income of a nature and amount sufficient for the benefits to be utilised.<strong>Axiata</strong> <strong>Group</strong> <strong>Berhad</strong> • 228

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