91
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
23.
Deferred income taxes
(continued)
Movement in deferred income tax (assets)/liabilities prior to offsetting is as follows:
Accelerated
tax
depreciation
Tax
losses
Total
$’000
$’000
$’000
Group
2014
Beginning of financial year
3,738
(600)
3,138
Currency translation difference
(29)
–
(29)
Tax charged to profit or loss (Note 9)
1,776
–
1,776
Over provision in prior financial years
(363)
(69)
(432)
End of financial year
5,122
(669)
4,453
2013
Beginning of financial year
2,686
–
2,686
Currency translation difference
(7)
–
(7)
Tax credited to profit or loss
(Note 9)
(461)
(600)
(1,061)
Under provision in prior financial years
1,520
–
1,520
End of financial year
3,738
(600)
3,138
Company
2014
Beginning and end of financial year
(3)
(521)
(524)
2013
Beginning of financial year
–
–
–
Tax credited to profit or loss
(8)
(521)
(529)
Under provision in prior financial years
5
–
5
End of financial year
(3)
(521)
(524)
