HAW PAR CORPORATION LIMITED
90
NOTES TO THE FINANCIAL STATEMENTS
(CONTINUED)
For the financial year ended 31 December 2014
20. DEFERRED INCOME TAXATION
(CONTINUED)
The Group
The movements in the deferred income tax assets and liabilities (prior to offsetting of balances within the same tax
jurisdiction) during the financial year are as follows:
Deferred income tax liabilities
Fair value
changes
on current
available-for-
sale financial
assets
$’000
Accelerated
tax
depreciation
$’000
Total
$’000
2014
Beginning of financial year
52,124
1,450
53,574
Charged to equity:
- changes in fair value
10,402
–
10,402
Credited to profit or loss:
- others
–
(134)
(134)
Currency translation differences
–
2
2
End of financial year
62,526
1,318
63,844
2013
Beginning of financial year
47,707
1,582
49,289
Charged to equity:
- changes in fair value
4,417
–
4,417
Credited to profit or loss:
- others
–
(133)
(133)
Currency translation differences
–
1
1
End of financial year
52,124
1,450
53,574
Deferred income tax assets
Provisions
$’000
Tax losses
$’000
Total
$’000
2014
Beginning of financial year
(368)
(121)
(489)
Charged to profit or loss
167
60
227
Currency translation differences
–
(1)
(1)
End of financial year
(201)
(62)
(263)
2013
Beginning of financial year
(402)
(200)
(602)
Charged to profit or loss
24
56
80
Currency translation differences
10
23
33
End of financial year
(368)
(121)
(489)
