notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
40 TAX EXPENSE
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
Current tax:
- Malaysian income tax
43,314
23,600
681
760
- Foreign taxation
14,606
8,104
-
-
57,920
31,704
681
760
Deferred taxation (Note 15)
(6,549)
322
-
-
51,371
32,026
681
760
Current tax:
- Current financial year
61,309
30,087
1,000
830
- Benefits from previously unrecognised temporary differences
-
(305)
-
-
- (Over)/under accrual in prior financial years
(3,389)
1,922
(319)
(70)
57,920
31,704
681
760
Deferred taxation (Note 15)
- Origination and reversal of temporary differences
(6,549)
322
-
-
Tax expense recognised in profit or loss
51,371
32,026
681
760
146
Wah Seong Corporation Berhad • Annual Report 2014
