NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
24 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$'000
At 1 January 2015
41,763
(5,741)
(2,953)
33,069
Charged/(credited) to profit or loss
(note 7(a))
4,228
4,107
(1,588)
6,747
At 31 December 2015 and
1 January 2016
45,991
(1,634)
(2,953)
(1,588)
39,816
Charged/(credited) to profit or loss:
continuing operations (note 7(a))
4,283
(976)
1,588
4,895
- discontinued operation
103
103
At 31 December 2016
Represented by:
50,274
(2,507)
(2,953)
44,814
2016
HK$'000
2015
HK$'000
Net deferred tax asset recognised in the consolidated statement
of financial position
(5,248)
(5,152)
Net deferred tax liability recognised in the consolidated statement
of financial position
50,062
44,968
Hong Kong Ferry (Holdings) Company Limited
126 Annual Report 2016
44,814
39,816