Deferred tax relates to the following:
| Consolidated statement
of financial position |
Consolidated statement of profit or loss | |||||||||||||||||||||||||||
| 31.12.2016 | 31.12.2017 | 31.12.2017 | 31.12.2015 | 31.12.2016 | 31.12.2017 | 31.12.2017 | ||||||||||||||||||||||
| RMB’000 | RMB’000 | US$’000 | RMB’000 | RMB’000 | RMB’000 | US$’000 | ||||||||||||||||||||||
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Deferred tax liabilities |
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Accelerated tax depreciation |
(10,521 | ) | (15,122 | ) | (2,389 | ) | (10,852 | ) | 373 | (4,601 | ) | (727 | ) | |||||||||||||||
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Unremitted earnings from overseas source income |
(437 | ) | — | — | — | (25 | ) | — | — | |||||||||||||||||||
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Interest receivable |
(1,453 | ) | (774 | ) | (122 | ) | — | (1,471 | ) | 679 | 107 | |||||||||||||||||
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Derivatives not designated as hedges- foreign exchange forward contract |
— | — | — | (2,326 | ) | 2,326 | — | — | ||||||||||||||||||||
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PRC withholding tax on dividend income (i) |
(103,347 | ) | (100,572 | ) | (15,890 | ) | (12,549 | ) | (16,628 | ) | (29,031 | ) | (4,587 | ) | ||||||||||||||
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| (115,758 | ) | (116,468 | ) | (18,401 | ) | (25,727 | ) | (15,425 | ) | (32,953 | ) | (5,207 | ) | |||||||||||||||
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Deferred tax assets |
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Impairment of property, plant and equipment |
2,876 | 12,319 | 1,946 | 409 | (9,005 | ) | 9,443 | 1,492 | ||||||||||||||||||||
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Write-down of inventories |
21,209 | 17,493 | 2,764 | (3,867 | ) | (4,421 | ) | (3,716 | ) | (587 | ) | |||||||||||||||||
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Allowance for doubtful account receivables |
9,340 | 7,376 | 1,165 | (3,361 | ) | 7,196 | (1,964 | ) | (310 | ) | ||||||||||||||||||
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Accruals |
185,952 | 204,730 | 32,346 | 17,253 | (46,350 | ) | 18,778 | 2,967 | ||||||||||||||||||||
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Deferred income |
70,931 | 51,679 | 8,165 | (44,232 | ) | 10,045 | (19,252 | ) | (3,042 | ) | ||||||||||||||||||
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Write down of intangible asset |
— | — | — | (15,000 | ) | — | — | — | ||||||||||||||||||||
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Others |
17,899 | 21,793 | 3,443 | 2,244 | 9,014 | 3,894 | 616 | |||||||||||||||||||||
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| 308,207 | 315,390 | 49,829 | (46,554 | ) | (33,521 | ) | 7,183 | 1,136 | ||||||||||||||||||||
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| (72,281 | ) | (48,946 | ) | (25,770 | ) | (4,071 | ) | |||||||||||||||||||||
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Note:
| (i) |
The movement of PRC withholding tax on dividend income is as follows: |
| 31.12.2016 | 31.12.2017 | 31.12.2017 | ||||||||||
| RMB’000 | RMB’000 | US$’000 | ||||||||||
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At January 1 |
(113,805 | ) | (103,347 | ) | (16,328 | ) | ||||||
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Provision made to consolidated statement of profit or loss |
(16,628 | ) | (29,031 | ) | (4,587 | ) | ||||||
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Utilization |
27,107 | 31,806 | 5,025 | |||||||||
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Translation differences |
(21 | ) | — | — | ||||||||
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December 31 |
(103,347 | ) | (100,572 | ) | (15,890 | ) | ||||||
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