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Axiata Group Berhad | Annual Report 2016
FINANCIAL STATEMENTS
206
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
24. DEFERRED TAXATION (CONTINUED)
Breakdown of cumulative balances by each type of temporary differences of the Group:
Group
2016
RM’000
2015
RM’000
Deferred tax assets:
- PPE and intangible assets
594,515
15,839
- Tax losses
475,948
368,163
- Provision and others
388,384
577,764
Before offsetting
1,458,847
961,766
Offsetting
(1,167,214)
(713,610)
After offsetting
291,633
248,156
Deferred tax liabilities:
- PPE and intangible assets
3,369,004
2,464,733
- Others
39,716
58,193
Before offsetting
3,408,720
2,522,926
Offsetting
(1,167,214)
(713,610)
After offsetting
2,241,506
1,809,316
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
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Deductible temporary differences
170,056
145,887
47,229
48,959
Unutilised tax losses
506,216
405,161
133,032
125,086
676,272
551,048
180,261
174,045
Tax effect
162,305
137,762
43,263
43,511
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.