KENANGA ANNUAL REPORT 2019

210 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 19. DEFERRED TAXATION (CONT’D.) The components and movements of deferred tax assets and liabilities during the financial year prior to offsetting are as follows (cont’d.): Deferred tax assets of the Group: 2019 Fair value reserve RM’000 Impairment allowance and provisions RM’000 Unabsorbed capital allowances and tax losses RM’000 Lease liabilities RM’000 Total RM’000 At 1 January 2019 (535) 12,458 1,063 - 12,986 Recognised in profit or loss - (2,152) 144 5,625 3,617 Recognised in other comprehensive income 687 - - - 687 At 31 December 2019 152 10,306 1,207 5,625 17,290 At 1 January 2018 1,372 14,215 467 - 16,054 Recognised in profit or loss - (1,757) 596 - (1,161) Recognised in other comprehensive income (1,907) - - - (1,907) At 31 December 2018 (535) 12,458 1,063 - 12,986 Deferred tax liabilities of the Bank: Fair value reserve RM’000 Excess capital allowances over depreciation Right-of-use assets Total RM’000 At 1 January 2019 - (6,234) - (6,234) Recognised in profit or loss - 434 (5,699) (5,265) Recognised in other comprehensive income (3,317) - - (3,317) At 31 December 2019 (3,317) (5,800) (5,699) (14,816) At 1 January 2018 - (5,649) - (5,649) Recognised in profit or loss - (585) - (585) At 31 December 2018 - (6,234) - (6,234)