18. Deferred tax assets/(liabilities) (CONT’D.)
Deferred tax assets - Company
Unabsorbed
capital and
agricultural
allowances
Others
Total
RM’000
RM’000
RM’000
At 1 January 2015
-
44
44
Recognised in profit or loss
190
18
208
At 31 December 2015
190
62
252
At 1 January 2014
2,464
1,464
3,928
Recognised in profit or loss
(2,464)
(1,420)
(3,884)
At 31 December 2014
-
44
44
Unrecognised deferred tax assets
Deferred tax assets have not been recognised for the following items:
Group
2015
2014
RM’000
RM’000
Unabsorbed capital and agricultural allowances
23,257
20,832
Unused tax losses
312,988
297,904
Other timing differences
3,155
721
339,400
319,457
The availability of unused tax losses and unabsorbed capital and agricultural allowances for offsetting against
future taxable profits of the respective Subsidiaries are subject to no substantial changes in shareholding of
these Subsidiaries under Section 44(5A) and (5B) of Income Tax Act, 1967. Deferred tax assets have not been
recognised in respect of these items because there is uncertainty as to when the companies that have a recent
history of losses will be profitable.
n otes to th e f i nan c i a l statements
Bo ustead plantati o ns Berhad
10 6
