DESTINI Annual Report 2020

Group Company 2020 2019 2020 2019 RM RM RM RM At 1 January 2,827,745 5,479,741 - 25,093 Recognised in profit or loss (Note 31) (2,827,745) (2,651,996) - (25,093) At 31 December - 2,827,745 - - The net deferred tax liabilities and assets shown on the statements of financial position after appropriate offsetting are as follows: Group Company 2020 2019 2020 2019 RM RM RM RM Deferred tax liabilities 3,573,481 3,693,552 33,611 - Deferred tax assets (3,573,481) (865,807) (33,611) - - 2,827,745 - - The components and movements of deferred tax liabilities and assets prior to offsetting are as follows: 24. Deferred Tax Liabilities Unutilised tax losses Unabsorbed capital allowances Total Group RM RM RM Deferred tax assets At 1 January 2020 (296,255) (569,552) (865,807) Recognised in profit or loss (2,309,146) (400,528) (2,709,674) At 31 December 2020 (2,605,401) (970,080) (3,575,481) At 1 January 2019 (438,472) (234,676) (673,148) Recognised in profit or loss 142,217 (334,876) (192,659) At 31 December 2019 (296,255) (569,552) (865,807) ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 159