Fraser & Neave Holdings Bhd Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 06 Financial Statements 177 NOTES TO THE FINANCIAL STATEMENTS 10. DEFERRED TAX ASSETS/(LIABILITIES) (CONTINUED) MOVEMENT IN TEMPORARY DIFFERENCES DURING THE FINANCIAL YEAR Group At 1 October 2017 RM’000 Recognised in profit or loss (Note 23) RM’000 Recognised in other compre- hensive income (Note 23) RM’000 Exchange differences RM’000 At 30 September 2018/ 1 October 2018 RM’000 Recognised in profit or loss (Note 23) RM’000 Recognised in other compre- hensive income (Note 23) RM’000 Exchange differences RM’000 At 30 September 2019 RM’000 Property, plant and equipment (66,466) (551) – 4 (67,013) (10,776) – 15 (77,774) Investment properties (1,291) 587 – – (704) (109) – – (813) Employee benefit plans 5,799 870 (111) 29 6,587 894 1,714 173 9,368 Tax loss carry-forwards and unutilised capital allowances (Note 10.1) 8,328 (3,740) – (27) 4,561 3,152 – 90 7,803 Unutilised tax incentives 44,439 (8,804) – – 35,635 (6,466) – – 29,169 Provisions, contract liabilities and others 4,973 285 – 30 5,288 (950) – 149 4,487 (4,218) (11,353) (111) 36 (15,646) (14,255) 1,714 427 (27,760) 10.1 In the previous financial year, a subsidiary of the Company, F&N Dairies (Thailand) Limited had utilised the tax loss carry-forwards as the tax incentives granted by the Thailand Board of Investment had been fully utilised. 11. TRADE AND OTHER RECEIVABLES Group Company Note 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Current Trade receivables from contracts with customers 427,963 446,861 – – Less: Allowance for impairment losses (2,587) (503) – – 425,376 446,358 – – Other receivables – Prepayments 5,241 4,544 – – – Deposits 4,897 5,755 – – – Staff loans 3,476 5,533 – – – Sales tax refund receivable 1,879 4,505 – – – Sundry debtors 51,610 6,056 – – – Other tax recoverable 21,246 34,804 – – – Interest 626 813 – – – Other receivables 1,101 1,139 86 147 90,076 63,149 86 147 Amounts due from related parties – Subsidiaries 11.1 – – 469,762 351,641 – Related companies 11.2 77,255 87,078 – – – Joint venture 11.3 32 10 – – – Associate 11.4 4 4 4 4 – Other related parties 11.5 7,253 8,045 – – 84,544 95,137 469,766 351,645 599,996 604,644 469,852 351,792