For the financial year ended 31 December 2015
92
HAW PAR CORPORATION LIMITED
21. 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- Accelerated
sale financial
tax
assets depreciation
Others
Total
$’000
$’000
$’000
$’000
2015
Beginning of financial year
62,526
1,318
–
63,844
Credited to equity:
- changes in fair value
(15,512)
–
–
(15,512)
(Credited)/charged to profit or loss:
- others
–
(673)
463
(210)
Currency translation differences
–
2
(37)
(35)
End of financial year
47,014
647
426
48,087
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
Deferred income tax assets
Provisions Tax losses
Total
$’000
$’000
$’000
2015
Beginning of financial year
(201)
(62)
(263)
(Credited)/charged to profit or loss
(1,009)
51
(958)
Currency translation differences
53
(1)
52
End of financial year
(1,157)
(12)
(1,169)
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)
NOT E S TO T H E F I NAN C I A L S TAT EME N T S
(CONTINUED)
