PRG Holdings Berhad Annual Report 2020

PRG HOLDINGS BERHAD 136 14. OTHER INVESTMENTS (continued) In the previous 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 15. DEFERRED TAX (ASSETS)/LIABILITIES (a) The deferred tax (assets)/liabilities are made up of the following: Group 2020 2019 RM’000 RM’000 Balance as at 1 January 1,513 (4,217) Effects of adoption of MFRS 16 - (17) Acquisition of a subsidiary (51) 1,248 Recognised in profit or loss - Continuing operations (Note 33) (1,128) (109) - Discontinued operations - 1,820 Reclassified to assets held for sale (Note 28) - 2,818 Translation adjustments 54 (30) Balance as at 31 December 388 1,513 Presented after appropriate offsetting: Deferred tax assets, net (1,466) (381) Deferred tax liabilities, net 1,854 1,894 388 1,513 Notes to the Financial Statements 31 December 2020 cont’d