FGV Annual Report 2015

330 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 49 DEFERRED TAXATION (CONTINUED) Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 (Restated) Deferred tax liabilities - intangible assets (28,918) (31,232) (725) (1,173) - investment properties - 1,961 - (491) - property, plant and equipment (817,991) (809,933) (1,027) (635) - prepaid lease payments (2,306) (2,306) - - - biological assets (35,167) (41,617) - - - receivables (1,165) (3,824) - - - inventories 484 (491) - - - others (8,626) (2,731) - - Amount before offsetting (893,689) (890,173) (1,752) (2,299) Offsetting 169,070 166,775 1,752 2,299 (724,619) (723,398) - - The amount of deductible temporary differences and unused tax losses for which no deferred tax assets are recognised in the statement of financial position by certain subsidiaries as the Directors are of the view it is not probable that sufficient taxable profits will be available to allow the deferred tax assets to be utilised is as follows: Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 Unused tax losses 46,572 401,431 11,563 - Included in the prior year was unused tax losses relating to Twin Rivers Technologies Enterprises De Transformation De Graines Oleagineuses Du Quebec Inc. ("TRT ETGO") amounting to RM389,831,000. TRT ETGO was disposed in November 2015. 50 PAYABLES Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 Trade payables 426,454 475,477 - - Other payables and accruals * 853,131 941,890 87,493 52,642 Amount due to customer on contracts (Note 51) 2,063 136 - - 1,281,648 1,417,503 87,493 52,642