Serba Dinamik Annual Report 2019

270 2019 ANNUAL REPORT FINANCIAL STATEMENTS SERBA DINAMIK HOLDINGS BERHAD 9. DEFERRED TAX ASSETS/(LIABILITIES) - GROUP Deferred tax assets and liabilities are attributable to the following: Assets Liabilities Net 2019 2018 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Property, plant and equipment 115 - ( 58,298) ( 30,352) ( 58,183) ( 30,352) Capital allowance carried forward - - 25,220 - 25,220 - Post employment benefits 140 135 - - 140 135 Others - 11 2,172 - 2,172 11 Deferred tax assets/(liabilities) 255 146 ( 30,906) ( 30,352) ( 30,651) ( 30,206) Set off of tax - 355 - ( 355) - - Net deferred tax assets/(liabilities) 255 501 ( 30,906) ( 30,707) ( 30,651) ( 30,206) ========= ========= ========= ========= ========= ========= Movements in deferred tax during the year are as follows: Recognised At Recognised At in profit 31.12.2018/ in profit At 01.01.2018 or loss 01.01.2019 or loss 31.12.2019 RM’000 RM’000 RM’000 RM’000 RM’000 Property, plant and equipment ( 15,529) ( 16,995) ( 32,524) ( 25,659) ( 58,183) Capital allowance carried forward - - - 25,220 25,220 Post employment benefits 259 ( 124) 135 5 140 Others 2,444 ( 261) 2,183 ( 11) 2,172 ( 12,826) ( 17,380) ( 30,206) ( 445) ( 30,651) ========= ========= ========= ========= ========= (Note 24) (Note 24) 10. INVENTORIES - GROUP 2019 2018 RM’000 RM’000 At cost Material on site 908,124 842,981 Spare parts and consumables 11,437 5,269 919,561 848,250 ========= ========= Recognised in profit or loss inventories recognised as cost of contracts with customers 1,621,400 1,319,821 ========= ========= N O T E S T O T H E F I N A N C I A L S TAT E M E N T S