ENRA Group Berhad Annual Report 2022

ENRA Group Berhad | Annual Report 2022 125 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2022 9. DEFERRED TAXATION (CONT’D) (c) (Cont’d) 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 unutilised tax losses which were previously allowed to be utilised for seven (7) consecutive years of assessments (“YAs”) effective from YA2019 was extended to ten (10) consecutive YAs during the financial year. 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. 10. INVENTORIES Group Company 2022 2021 2022 2021 Note RM’000 RM’000 RM’000 RM’000 At cost Property held for sale 32,181 31,491 – – Completed properties 4,602 4,560 4,602 4,560 Work in progress 148 12 – – Finished goods – 5,708 – – Properties development cost (a) 34,897 21,612 – – At net realisable value Completed properties 244 470 – – 72,072 63,853 4,602 4,560

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