22
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
INCOME TAX IN THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Continued)
(b)
Deferred tax assets and liabilities recognised:
The components of deferred tax (assets)/liabilities recognised in the consolidated statement of financial position and the movements during the year are as follows:
Temporary differences
from
investment
properties
and other
Intra-group
interest
capitalised in
property,
Future properties
plant and
benefit of
under
Deferred tax arising from:
equipment
tax losses development
Others
Total
HK$'000
HK$'000
HK$'000
HK$'000
HK$'000
At 1 January 2014
32,237
(15,718)
(2,953)
Charged to profit or loss
(note 6(a))
9,526
9,977
13,566
19,503
At 31 December 2014 and
1 January 2015
41,763
(5,741)
(2,953)
33,069
Charged/(credited) to
profit or loss (note 6(a))
4,228
4,107
(1,588)
6,747
At 31 December 2015
45,991
(1,634)
(2,953)
(1,588)
39,816
Represented by:
Net deferred tax asset recognised in the consolidated statement
of financial position
2015
HK'000
2014
HK'000
(5,152)
(5,860)
Net deferred tax liability recognised in the consolidated statement
of financial position
44,968
38,929
39,816
33,069
Hong Kong Ferry (Holdings) Company Limited
115
Annual Report 2015