KENANGA ANNUAL REPORT 2017

19. DEFERRED TAXATION Group Bank 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 At beginning of the financial year 9,841 10,025 7,554 7,758 Recognised in profit or loss (Note 40) 965 1,525 1,044 1,246 Recognised in other comprehensive income (800) (1,709) (800) (1,709) Transfer from KNKH – – – 259 At end of the financial year 10,006 9,841 7,798 7,554 Deferred tax assets 10,006 9,841 7,798 7,554 Deferred tax liabilities – – – – 10,006 9,841 7,798 7,554 Deferred tax assets and liabilities prior to offsetting are summarised as follows: Group Bank 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Deferred tax assets 15,953 13,125 13,447 10,686 Deferred tax liabilities (5,947) (3,284) (5,649) (3,132) 10,006 9,841 7,798 7,554 The components and movements of deferred tax assets and liabilities during the financial year prior to offsetting are as follows: Deferred tax liabilities of the Group: Accelerated capital allowances RM’000 Total RM’000 At 1 January 2017 (3,284) (3,284) Recognised in profit or loss (2,663) (2,663) At 31 December 2017 (5,947) (5,947) At 1 January 2016 (1,799) (1,799) Recognised in profit or loss (1,485) (1,485) At 31 December 2016 (3,284) (3,284) Kenanga Investment Bank Berhad 31 December 2017 144 notes to the financial statements