Dagang NeXchange Berhad Annual Report 2019

FINANCIAL STATEMENTS annual report 2019 147 10. DEFERRED TAX ASSETS/(LIABILITIES) (CONTINUED) Recognised deferred tax assets/(liabilities) (continued) Deferred tax assets/(liabilities) of the Group and the Company are attributable to the following: (continued) Assets Liabilities Net 2019 2018 2019 2018 2019 2018 Company RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Right-of-use assets - - (192) - (192) - Lease liabilities 192 - - - 192 - Net deferred tax assets/(liabilities) 192 - (192) - - - Movement in temporary differences during the year Recognised Adjustment Recognised in profit Arising from on initial in profit At or loss business At application At or loss At 1.1.2018 (Note 26) combinations 31.12.2018 of MFRS 16 1.1.2019 (Note 26) 31.12.2019 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Property, plant and equipment, intangible assets (9,249) 1,925 (200) (7,524) - (7,524) 1,932 (5,592) Right-of-use assets - - - - (2,114) (2,114) - (2,114) Lease liabilities - - - - 2,114 2,114 - 2,114 Provisions - - 226 226 - 226 - 226 (9,249) 1,925 26 (7,298) - (7,298) 1,932 (5,366) Company Right-of-use assets - - - - - - (192) (192) Lease liabilities - - - - - - 192 192 - - - - - - - -