Annual Report
2015
|
DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
113
25. Finance (costs)/income
Group
Company
2015
2014
2015
2014
RM
RM
RM
RM
Recognised in profit or loss
Interest expense of financial liabilities:
- bank overdrafts
-
(2,829)
-
-
- loans
(60,933,834) (7,187,819) (15,494,714)
(675,123)
(60,933,834) (7,190,648) (15,494,714)
(675,123)
Capitalised on qualifying assets:
- property, plant and equipment (Note 3)
(247,781)
(526,354)
-
-
(61,181,615) (7,717,002) (15,494,714)
(675,123)
Recognised in profit or loss
Interest income of financial assets:
- short term deposits
5,899,918 3,148,733 1,331,812 864,063
- amount due from a subsidiary
-
-
1,422,615 2,201,348
5,899,918 3,148,733 2,754,427 3,065,411
Net finance (costs)/ income
recognised in profit or loss
(55,033,916) (4,041,915) (12,740,287)
2,390,288
Finance costs capitalised on qualifying assets
(247,781)
(526,354)
-
-
(55,281,697) (4,568,269) (12,740,287)
2,390,288
26. Income tax expense
Group
Company
2015
2014
2015
2014
RM
RM
RM
RM
Current tax expense
Malaysian - current year
47,594,805 41,475,350 1,596,032 1,728,350
- prior year
(3,717,591) (1,131,826)
-
219
43,877,214 40,343,524 1,596,032 1,728,569
Deferred tax expense
(Note 11)
- current year
(8,979,662)
(316,000)
-
-
- prior year
(2,135,000) (2,498,000)
-
-
(11,114,662) (2,814,000)
-
-
Total income tax expense
32,762,552 37,529,524 1,596,032 1,728,569
Notes to the
Financial Statements
(cont’d)