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GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2019(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)9. Deferred taxation (continued)The Group has unutilised tax losses of $7.8 million (2018: $4.9 million) available to be carried forward and applied against future taxable income of the Group.The Group has recognised a deferred tax asset of $2.8 million (2018: $1.8 million) on the cumulative taxation losses incurred. The recoverability of these deferred tax assets depends on the Group%u2019s ability to generate future taxable profits. The Group believes that these deferred tax assets are recoverable because these losses are expected to shelter taxable profits in the foreseeable future. 2017(Credit)/ charge to income(Credit)/ charge to OCI(Credit)/charge to reserves 2018Deferred tax assetEmployee benefits obligation (1,319) 2 (357) %u2013 (1,674)Tax loss (1,443) (351) %u2013 7 (1,787) (2,762) (349) (357) 7 (3,461)Deferred tax liabilitiesProperty, plant and equipment/Investment property 6,250 (325) %u2013 %u2013 5,925Intangible assets %u2013 1,053 %u2013 %u2013 1,053Finance leases 10,594 (721) %u2013 %u2013 9,873Employee benefits asset 26,791 531 323 %u2013 27,645 43,635 538 323 %u2013 44,496Net deferred tax charge/(credit) 189 (34) 796 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2019