Deferred tax relates to the following:
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Consolidated balance sheet |
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Consolidated income statement |
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As of December 31, |
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For the year ended Decembers 31, |
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2017 |
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2016 |
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2017 |
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2016 |
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2015 |
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|
US$’000 |
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|
US$’000 |
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|
US$’000 |
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|
US$’000 |
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|
US$’000 |
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Outside basis differences |
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|
(3,036 |
) |
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|
(2,434 |
) |
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|
602 |
|
|
|
(269 |
) |
|
|
(72 |
) |
|
Revaluations of available-for-sale investment to fair value |
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|
(429 |
) |
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|
(445 |
) |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
Accrued interest income |
|
|
(141 |
) |
|
|
(118 |
) |
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|
11 |
|
|
|
39 |
|
|
|
2 |
|
|
Unutilized building allowance (net) |
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|
(235 |
) |
|
|
(207 |
) |
|
|
11 |
|
|
|
119 |
|
|
|
151 |
|
|
Unused tax losses |
|
|
197 |
|
|
|
619 |
|
|
|
455 |
|
|
|
133 |
|
|
|
(710 |
) |
|
Allowance for doubtful accounts |
|
|
200 |
|
|
|
159 |
|
|
|
(25 |
) |
|
|
(36 |
) |
|
|
(29 |
) |
|
Inventory impairment |
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|
422 |
|
|
|
235 |
|
|
|
(161 |
) |
|
|
714 |
|
|
|
(249 |
) |
|
Allowance for impairment in investments |
|
|
— |
|
|
|
— |
|
|
|
0 |
|
|
|
382 |
|
|
|
— |
|
|
Rebates and other accrued liabilities |
|
|
427 |
|
|
|
390 |
|
|
|
(6 |
) |
|
|
171 |
|
|
|
60 |
|
|
Unpaid retirement benefits |
|
|
1,291 |
|
|
|
1,117 |
|
|
|
(62 |
) |
|
|
(47 |
) |
|
|
485 |
|
|
Deferred revenue and cost of sales |
|
|
2 |
|
|
|
374 |
|
|
|
393 |
|
|
|
(62 |
) |
|
|
70 |
|
|
Actuarial loss |
|
|
368 |
|
|
|
213 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Unabsorbed depreciation |
|
|
699 |
|
|
|
625 |
|
|
|
(45 |
) |
|
|
34 |
|
|
|
140 |
|
|
Others |
|
|
103 |
|
|
|
(2 |
) |
|
|
(100 |
) |
|
|
(43 |
) |
|
|
17 |
|
|
Deferred tax expenses / (benefits) |
|
|
|
|
|
|
|
|
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|
1,073 |
|
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|
1,135 |
|
|
|
(135 |
) |
|
Net deferred tax assets |
|
|
(132 |
) |
|
|
526 |
|
|
|
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Reflected in the balance sheet as follows:
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Deferred tax assets |
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|
3,022 |
|
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|
3,114 |
|
|
Deferred tax liabilities |
|
|
(3,154 |
) |
|
|
(2,588 |
) |
|
Deferred tax assets, net |
|
|
(132 |
) |
|
|
526 |
|