FGV Annual Report 2017

FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 294 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 48 DEFERRED TAXATION (CONTINUED) Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 At 1 January (53,487) 119,272 - 24,873 Acquisition of subsidiaries (Note 21(c)(i)) - (107,090) - - Transfer to liability held for sale 17,040 4,521 - - (Charged)/credited to profit or loss (Note 14): - intangible assets (5,818) 1,461 - 725 - investment properties 2,054 2,054 - - - property, plant and equipment 15,644 (56,930) - 1,027 - biological assets 9,729 - - - - inventories (7,145) 3,807 - - - receivables 5,211 (3,963) - - - payables (6,774) 8,039 - (2,579) - unused tax losses (19,811) 16,240 - (24,046) - LLA liability (11,072) (52,711) - - - others (1,234) 6,448 - - (19,216) (75,555) - (24,873) Currency translation differences (3,282) 5,365 - - At 31 December (58,945) (53,487) - - Deferred tax assets - receivables 10,671 10,416 - - - property, plant and equipment 7,771 7,138 - - - intangible assets 7,205 8,625 - - - investment properties 8,699 6,645 - - - inventories 13,692 20,837 - - - LLA liability 1,054,385 1,065,457 - - - payables 73,952 80,726 - - - unused tax losses 199,277 219,088 - - - others 20,150 24,994 - - Amount before offsetting 1,395,802 1,443,926 - - Offsetting (655,443) (664,505) - - 740,359 779,421 - -