Chemical Company of Malaysia Berhad Annual Report 2019

9. Deferred tax (assets)/liabilities Recognised deferred tax (assets)/liabilities Deferred tax assets and liabilities are attributable to the following:   Assets   Liabilities   Net 2019 2018 2019 2018 2019 2018 Group Property, plant and equipment - - 19,852 15,206 19,852 15,206 Right-of-use assets - - 252 - 252 - Investment properties - - 331 4,344 331 4,344 Provisions (3,211) (3,708) - - (3,211) (3,708) Lease liabilities (258) - - - (258) - Other deductible temporary differences (57) (930) 40 102 (17) (828) Tax losses/tax incentives carry-forwards - (1,156) - - - (1,156) Tax (assets)/ liabilities (3,526) (5,794) 20,475 19,652 16,949 13,858 Set off of tax 3,526 4,436 (3,526) (4,436) - - Net tax (assets)/ liabilities - (1,358) 16,949 15,216 16,949 13,858 Company Property, plant and equipment - - 1,182 2,274 1,182 2,274 Right-of-use assets - - 45 - 45 - Investment properties - - 331 4,344 331 4,344 Lease liabilities (46) - - - (46) - Provisions (461) - - - (461) - Other deductible temporary differences - (491) - 79 - (412) Tax (assets)/liabilities (507) (491) 1,558 6,697 1,051 6,206 Set off of tax 507 491 (507) (491) - - Net tax liabilities - - 1,051 6,206 1,051 6,206 | Notes to the Financial Statements (continued) | 166 CHEMICAL COMPANY OF MALAYSIA BERHAD