Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 122 25. Deferred Tax Liabilities/(Assets) The net deferred tax assets and liabilities after appropriate offsetting are as follows: Group 2017 2016 RM RM Deferred tax liabilities 448,676 276,095 Deferred tax assets (448,676) (276,095) - - The components and movements of deferred tax liabilities and assets are as follows: Group 2017 2016 RM RM Deferred tax liabilities Accelerated capital allowances At 1 January 276,095 276,095 Recognised in profit or loss 172,581 - At 31 December 448,676 276,095 Deferred tax assets Unutilised capital allowances At 1 January (276,095) (276,095) Recognised in profit or loss (172,581) - At 31 December (448,676) (276,095) Deferred tax assets have not been recognised in respect of the following items: Group 2017 2016 RM RM Accelerated capital allowances 35,619,113 47,146,015 Unabsorbed capital allowances 70,957,837 57,983,242 Unutilised tax losses 2,401,305 2,346,635 108,978,255 107,475,892 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2017 (cont’d)