BIMB Integrated Annual Report 2019

12 DEFERRED TAX ASSETS (continued) Deferred tax assets have not been recognised in respect of the following items: Group 2019 2018 RM’000 RM’000 Unabsorbed capital allowances 131,819 128,475 Unutilised tax losses 1,251 1,251 Deductible temporary differences 329 329 133,399 130,055 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 in respect of its leasing business whereby management considered it uncertain whether Bank Islam is able to utilise the benefits in the future. As such, deferred tax assets have not been recognised. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 222 Integrated Annual Report 2019 Group Overview Sustaining The Group Management Discussion & Analysis Group Governance