ENRA Group Berhad Annual Report 2021

FINANCIAL STATEMENTS & OTHERS Annual Report 2021 | ENRA Group Berhad 135 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2021 11. DEFERRED TAXATION (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 Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Unutilised tax losses - Expires by 31 March 2026 6,083 8,561 3,081 3,081 - Expires by 31 March 2027 5,364 3,167 3,041 3,041 - Expires by 31 March 2028 2,143 – 1,533 – Unabsorbed capital allowances 484 525 398 325 Other deductible temporary differences 8,223 574 1,110 875 22,297 12,827 9,163 7,322 Deferred tax assets of the Company and certain subsidiaries have not been recognised in respect of these items as it is not probable that taxable profit of the Company and the subsidiaries would be available against which the deductible temporary differences can be utilised. The amount and availability of these items to be carried forward up to the periods as disclosed above are subject to the agreement of the respective local tax authorities. 12. INVENTORIES Group Company 2021 2020 2021 2020 Note RM’000 RM’000 RM’000 RM’000 At cost Property held for sale 31,491 26,985 – – Completed properties 4,560 4,980 4,560 4,560 Work in progress 12 27 – – Finished goods 5,708 5,369 – – Properties development cost (a) 21,612 12,115 – – At net realisable value Completed properties 470 – – – 63,853 49,476 4,560 4,560