Financial Statements - Mewah Group

Building Capabilities
Notes to the Financial Statements
For the financial year ended 31 December 2011
25. Deferred income taxes
Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset current income tax assets
against current income tax liabilities and when the deferred income taxes relate to the same fiscal authority. The amounts,
determined after appropriate offsetting, were shown on the statement of financial position as follows:
Group
2011 2010
US$’000 US$’000
Deferred income tax assets
- expected to be settled within one year 426 -
- expected to be settled after one year - -
426 -
Deferred income tax liabilities
- expected to be settled within one year (5,781) (14,339)
- expected to be settled after one year (9,525) (1,114)
(15,306) (15,453)
(14,880) (15,453)
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