NOTE 06
NON-FINANCIAL ASSETS AND LIABILITIES
(CONTINUED)
Consolidated
2015
$’000
2014
$’000
The balance comprises temporary differences attributable to:
Property, plant and equipment revaluation
286,121
305,412
Other receivables
4,357
-
Net deferred tax liabilities
290,478
305,412
Movements:
Opening balance at 1 July
305,412
281,617
Charged to equity related to cash flow hedge – foreign exchange
-
(30)
(Credited)/charged to the consolidated income statement related
to property, plant and equipment
(19,291)
23,825
Other receivables
4,357
-
Closing balance at 30 June before set off
290,478
305,412
Set off of deferred tax liabilities
(290,478)
(305,412)
Net deferred tax liability
-
-
(d) Deferred tax balances (continued)
(ii) Deferred tax liabilities
76
