Page 227 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS in retrospect

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for the financial year ended 31 december 2020 (continUed)
the Will to Suceed

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12 DEFERRED TAXATION (CONTINUED)
deferred tax assets have not been recognised in respect of the following items:
Group achieving a leading repute
2020 2019
RM’000 RM’000
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Unabsorbed capital allowances 131,819 131,819
Unutilised tax losses 1,251 1,251
deductible temporary differences 329 329

133,399 133,399 Paving the Way for a Sustainable future

Under the current tax legislation, the unutilised tax losses will expire in year 2025 where the unutilised capital allowance do
not expire.
the Group’s unabsorbed capital allowances of rm131,784,000 (2019: rm131,784,000) in respect of its leasing business
whereby management considered it uncertain whether bank islam malaysia berhad is able to utilise the benefits in the future. 221
as such, deferred tax assets have not been recognised.

adhering to the best Governance Practices

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Laying the Foundation for Financial Growth

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additional information & disclosure Summary

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24 th aGm information