PRG Holdings Berhad Annual Report 2017

• PRG HOLDINGS BERHAD 120 12. DEFERRED TAX (ASSETS)/LIABILITIES (CONT’D) (c) The amounts of temporary differences for which no deferred tax assets have been recognised in the statements of financial position are as follows: Group 2017 2016 RM’000 RM’000 Malaysian subsidiaries Unrecognised tax losses 2,009 271 Unabsorbed capital allowances 141 - Other temporary differences 14 - 2,164 271 Foreign subsidiary Unrecognised tax losses * - 3,523 Deferred tax assets of certain subsidiaries have not been recognised in respect of these items as it is not probable that future taxable profit of the subsidiaries will be available against which the deductible temporary differences can be utilised. The deductible temporary differences other than unrecognised tax losses of foreign subsidiaries do not expire under the current tax legislation. * The unrecognised tax losses of RM3,523,000 as at 31 December 2016 were related to Furnitech which ceased to be a subsidiary of the Group on 14 September 2017. 13. TRADE AND OTHER RECEIVABLES Group Company 2017 2016 2017 2016 Note RM’000 RM’000 RM’000 RM’000 Non-current Amount owing by a subsidiary (b)(i) - - 49,953 40,603 Current Trade receivables Third parties 73,272 21,176 - - Retention sums (a)(ii) 1,360 1,360 - - Amount owing by an associate 42 - - - Amount owing by a joint venture 40 52 - - (a)(i) 74,714 22,588 - - Less: Impairment loss - third parties (a)(iii) (108) (89) - - 74,606 22,499 - - Other receivables Amounts owing by subsidiaries (b)(ii) - - 16,917 15,370 Amounts owing by associates (c) 4,865 - - - Amount owing by a joint venture (d) 78 48 - - Other receivables 1,716 1,491 73 69 Deposits 2,060 1,687 1 1 8,719 3,226 16,991 15,440 Loans and receivables 83,325 25,725 16,991 15,440 N O T E S T O T H E F I N A N C I A L S T A T E M E N T S 3 1 D E C E M B E R 2 0 1 7 ( c o n t ’ d )