162 / 188
158
NOTES TO THE FINANCIAL STATEMENTS
F I N A N C I A L S TAT E M E N T S
27. DEFERRED TAXATION (CONT’D.)
Deferred Tax Liabilities of the Company:
Revaluation
Reserve
Accelerated
Capital
Allowances
Total
RM’000
RM’000
RM’000
At 1 April 2016
3
52
55
Recognised in profit or loss
-
5
5
At 31 March 2017
3
57
60
Recognised in profit or loss
-
149
149
At 31 March 2018
3
206
209
Deferred Tax Asset of the Company:
Provision for
Liabilities
RM’000
At 1 April 2016
(618)
Recognised in profit or loss
(6)
At 31 March 2017
(624)
Recognised in profit or loss
5
At 31 March 2018
(619)
28. RETIREMENT BENEFIT OBLIGATIONS
The foreign subsidiary in Indonesia operates an unfunded defined benefit plan for its eligible employees. The obligations under
the retirement benefit are calculated using the projected unit credit method, is determined by a qualified independent actuary,
considering the estimated future cash outflows using market yields at the reporting date of high quality corporate bonds. The
latest actuarial valuation was carried out using the employee data as at 31 March 2018.
(a)
The amounts recognised in the statement of financial position are determined as follows:
Group
2018
2017
RM’000
RM’000
Present value of unfunded defined benefits obligations
1,813
1,837
Analysed as:
Non-current
1,813
1,837