PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 137 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 13. OTHER INVESTMENTS (continued) During the financial year, the Group and the Company made the following cash payments for additions on other investments: Group/ Company 2019 RM’000 Additions on other investments 28,327 Deposit paid in previous financial year (14,926) Cash payments on addition of other investments 13,401 14. DEFERRED TAX (ASSETS)/LIABILITIES (a) The deferred tax (assets)/liabilities are made up of the following: Group 2019 2018 RM’000 RM’000 Balance as at 1 January (4,217) (4,820) Effects of adoption of MFRS 16 (Note 5.1) (17) - Acquisition of a subsidiary 1,248 - Recognised in profit or loss - Continuing operations (Note 31) (109) (259) - Discontinued operations 1,820 862 Reclassified to assets held for sale (Note 26) 2,818 - Translation adjustments (30) - Balance as at 31 December 1,513 (4,217) Presented after appropriate offsetting: Deferred tax assets, net (381) (4,964) Deferred tax liabilities, net 1,894 747 1,513 (4,217)