161 11. DEFERRED TAX ASSETS AND LIABILITIES (continued) Unrecognised deferred tax assets Deferred tax assets have not been recognised in respect of the following items (stated at gross): Group 2024 2023 RM’mil RM’mil Deductible temporary difference 695 867 Unutilised tax losses 3,449 3,826 4,144 4,693 Deferred tax assets have not been recognised in respect of these items because it is not probable that future taxable profit will be available against which the respective subsidiaries can utilise the benefits therefrom. Tax losses are subject to agreement by the tax authorities and compliance with tax regulations in the countries in which the subsidiaries operate. The unutilised tax losses carried forward do not expire under current tax legislations, except for the amount of RM942 million (2023: RM1,419 million) which will expire in the next 1 to 8 years. 12. INVENTORIES Group 2024 2023 RM’mil RM’mil Pharmaceuticals, surgical and medical supplies 681 640 At 31 December 2024, there was floating charge over inventories with carrying amount of RM61 million (2023: RM69 million) made to financial institutions as securities for credit facilities granted to certain subsidiaries.
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