axiata group berhad | annual report 2015
200
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
23. DEFERRED TAXATION (CONTINUED)
Breakdown of cumulative balances by each type of temporary differences of the Group:
Group
2015
2014
RM’000
RM’000
Restated
Deferred tax assets:
- PPE and intangible assets
15,839
25,131
- Tax losses
368,163
130,023
- Provision and others
577,764
605,886
Before offsetting
961,766
761,040
Offsetting
(713,610)
(485,815)
After offsetting
248,156
275,225
Deferred tax liabilities:
- PPE and intangible assets
2,464,733
2,140,113
- Others
58,193
-
Before offsetting
2,522,926
2,140,113
Offsetting
(713,610)
(485,815)
After offsetting
1,809,316
1,654,298
The amounts of deductible temporary differences and unutilised tax losses for which no deferred tax asset is recognised in the statements of financial
position are as follow:
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Deductible temporary differences
145,887
137,424
48,959
51,260
Unutilised tax losses
405,161
267,402
125,086
94,586
551,048
404,826
174,045
145,846
Tax effect
137,762
101,207
43,511
36,462
The benefits of these tax losses and credit will only be obtained if the Company or the relevant subsidiaries derive future assessable income of a nature
and amount sufficient for the benefits to be utilised. The unutilised tax losses have no expiry date.
