SCC Holdings Berhad Annual Report 2019

notes to the financial statement 31 december 2019 (cont’d) 72 SCC Holdings Berhad | Annual Report 2019 17. Deferred Tax Liabilities (Cont’d) Deferred tax assets have not been recognised in respect of the following item: Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Unused tax losses 2,552 1,442 1,758 1,130 Unabsorbed capital allowances 152 33 1 1 2,704 1,475 1,759 1,131 With effect from year of assessment 2019, unused tax losses are allowed to be carried forward up to a maximum of seven consecutive years of assessment under the current tax legislation. The other temporary differences do not expire under current tax legislation. Deferred tax assets have not been recognised in respect of these items as they may not have sufficient taxable profits to be used to offset or they have arisen in subsidiary companies that have a recent history of losses. 18. Trade Payables Credit terms of trade payables of the Group ranged from 30 to 90 days (2018: 30 to 90 days) from the date of invoices. 19. Other Payables Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Other payables 399 249 - - Dividend payables 2,400 2,400 2,400 2,400 Deposits 367 366 - - Accruals 697 754 122 126 GST payable 6 18 - - VAT output tax 1 - - - 3,870 3,787 2,522 2,526 20. Bank Borrowings Group 2019 2018 RM’000 RM’000 Current Secured Bank overdraft - 127

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