continued - The Lion Group
continued - The Lion Group
continued - The Lion Group
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
22. DEFERRED TAXATION (<strong>continued</strong>)<br />
Deferred Tax Liabilities of the Company<br />
86<br />
RCSLS<br />
RM’000<br />
At 1 July 2008 –<br />
Recognised in equity 10,162<br />
Recognised in income statement (622)<br />
Conversion of RCSLS (15)<br />
At 30 June 2009 9,525<br />
Recognised in income statement (1,887)<br />
At 30 June 2010 7,638<br />
Deferred tax assets have not been recognised in respect of the following items:<br />
<strong>Group</strong><br />
2010 2009<br />
RM’000 RM’000<br />
Unutilised tax losses 265,897 274,513<br />
Unabsorbed capital allowances 72,589 52,119<br />
Other deductible temporary differences 2,955 3,832<br />
341,441 330,464<br />
<strong>The</strong> unused tax losses and unabsorbed capital allowances of the <strong>Group</strong> are available indefinitely for offsetting<br />
against future taxable profits of the respective subsidiaries, subject to no substantial changes in shareholding of<br />
the respective subsidiaries under the Income Tax Act, 1967 and guidelines issued by the tax authority.<br />
23. INVENTORIES<br />
<strong>Group</strong><br />
2010 2009<br />
RM’000 RM’000<br />
At Cost:<br />
Properties held for sale 8,341 12,036<br />
Raw materials 728,242 31,288<br />
Work-in-progress 900 1,323<br />
Finished goods 526,824 2,644<br />
Spares, supplies and consumables 162,595 186,927<br />
1,426,902 234,218<br />
At Net Realisable Value:<br />
Raw materials 65,660 160,655<br />
Work-in-progress 2,144 3,086<br />
Finished goods 46,665 417,160<br />
Spares, supplies and consumables 1,667 1,174<br />
116,136 582,075<br />
Total 1,543,038 816,293
Change language