Maxis Berhad | Annual Report 2013

131 OVERVIEW OUR BUSINESS STRATEGIC REVIEW CORPORATE GOVERNANCE FINANCIAL STATEMENTS Maxis Berhad Annual Report 2013 OTHER INFORMATION 22 DEFERRED TAXATION (CONTINUED) GROUP 2013 2012 RM’000 RM’000 Deferred tax assets (before offsetting): - deferred income 95,173 84,364 - provisions and accruals 306,643 288,317 - investment allowance 64,242 81,048 - others 2,652 5,412 468,710 459,141 Offsetting (341,092) (338,138) Deferred tax assets (after offsetting) 127,618 121,003 Deferred tax liabilities (before offsetting): - property, plant and equipment (784,935) (829,466) - intangible assets (51,289) (56,383) - others (453) (359) (836,677) (886,208) Offsetting 341,092 338,138 Deferred tax liabilities (after offsetting) (495,585) (548,070) 23 INVENTORIES GROUP 2013 2012 RM’000 RM’000 Telecommunications materials and supplies 6,905 12,022 Telecommunications equipment (1) – 11,256 Devices 63,528 94,552 70,433 117,830 Note: (1) During the financial year ended 31 December 2013, the Group has reclassified telecommunications equipment from inventories to property, plant and equipment as disclosed in Note 15 to the financial statements. The Group reversed RM3,533,000 (2012: RM6,578,000) in respect of part of an inventory write down that was not required subsequently as the Group was able to utilise those inventories.