FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 315 01 02 05 03 07 06 04 08 09 ANNUAL INTEGRATED REPORT 2018 EXAMINED OUR NUMBERS 51 DEFERRED TAXATION (CONTINUED) Group Company 31.12.2018 RM’000 31.12.2017 RM’000 1.1.2017 RM’000 31.12.2018 RM’000 31.12.2017 RM’000 1.1.2017 RM’000 At 1 January (72,004) (69,906) 119,272 - - 24,873 Acquisition of subsidiaries - - (107,090) - - - Transfer to liability held for sale - 17,040 4,521 - - - (Charged)/credited to profit or loss (Note 15): - intangible assets (1,881) (5,818) 1,461 - - 725 - investment properties 2,054 2,054 2,054 - - - - property, plant and equipment 59,232 25,373 (56,930) - - 1,027 - biological assets 2,854 3,478 (16,519) - - - - inventories (5,983) (7,145) 3,807 - - - - receivables (683) 5,093 (3,863) - - - - payables (8,228) (6,774) 8,039 - - (2,579) - unused tax losses (71,550) (19,811) 16,240 28,119 - (24,046) - LLA liability (15,663) (11,072) (52,711) - - - - others (18,765) (1,234) 6,448 - - - (58,613) (15,856) (91,974) 28,119 - (24,873) Currency translation differences 410 (3,282) 5,365 - - - At 31 December (130,207) (72,004) (69,906) 28,119 - - Deferred tax assets - receivables 10,671 10,671 10,416 - - - - property, plant and equipment 1,569 7,771 7,138 - - - - intangible assets 4,662 7,205 8,625 - - - - investment properties 8,699 8,699 6,645 - - - - inventories 7,709 13,692 20,837 - - - - LLA liability 1,038,722 1,054,385 1,065,457 - - - - payables 65,724 73,952 80,726 - - - - unused tax losses 127,727 199,277 219,088 34,838 - - - others 12,755 20,150 24,994 - - - Amount before offsetting 1,278,238 1,395,802 1,443,926 34,838 - - Offsetting (673,075) (655,443) (664,505) (6,719) - - 605,163 740,359 779,421 28,119 - -