81
TEHO INTERNATIONAL INC LTD.
Annual Report 2016
NOTES
TO THE FINANCIAL STATEMENTS
Year ended 30 June 2016
19 DEFERREDTAX LIABILITIES (CONT’D)
Recognised
in the statement
At
Recognised of comprehensive
Credited
Acquisition of
At
1 July
in profit or loss
income
directly to equity subsidiaries
30 June
2015
(note 23)
(note 23)
(note 23)
(note 28)
2016
$
$
$
$
$
$
Group
Deferred tax liabilities
Property, plant and equipment
95,642
(16,686)
–
–
–
78,956
Gain on property revaluation
4,656,716
–
–
(2,088,383)
–
2,568,333
Intangible assets
181,220
(77,180)
–
–
–
104,040
Adjustment in relation to development properties
119,000
–
–
–
–
119,000
Development properties based on stage of completion method
585,598
(675,571)
–
–
–
(89,973)
Profit recognised on development properties based on
stage of completion method
43,853
–
–
–
–
43,853
5,682,029
(769,437)
–
(2,088,383)
–
2,824,209
Deferred tax assets
Unutilised capital allowance
(225,001)
–
–
–
–
(225,001)
Total
5,457,028
(769,437)
–
(2,088,383)
–
2,599,208
