Creative 2015 Annual Report Download - page 47

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47
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
(c) Legal claims and fees
The provision for legal claims is in respect of certain legal claims brought against the Group. In the opinion of management,
after taking appropriate legal advice, the outcomes of these legal claims are not expected to give rise to any signicant loss
beyond the amounts provided at 30 June 2015. Management considers that disclosure of further details of these claims will
seriously prejudice the Group’s negotiating position and accordingly, further information on the nature of the obligation has
not been provided.
23. DEFERRED INCOME TAX LIABILITIES
Movements in deferred income tax account are as follows:
Group Company
2015 2014 2015 2014
US$’000 US$’000 US$’000 US$’000
Beginning of nancial year 10,702 15,202 – –
Over provision in prior nancial years (Note 9) (800) (4,500) – –
End of nancial year 9,902 10,702 – –
Deferred income tax liabilies (assets) consist of the following:
Group
2015
Beginning of
nancial year 5,388 6,412 6,700 4,002 22,502 (11,800) 10,702
(Over) addional
provision – (6,412) 3,202 (4,002) (7,212) 6,412 (800)
End of nancial year 5,388 – 9,902 – 15,290 (5,388) 9,902
2014
Beginning of
nancial year 5,388 6,412 11,200 4,002 27,002 (11,800) 15,202
Over provision – – (4,500) – (4,500) – (4,500)
End of nancial year 5,388 6,412 6,700 4,002 22,502 (11,800) 10,702
Total
deferred
tax
liabilies
US$’000
Unremied
oshore
interest
income
US$’000
Undistributed
prots of
foreign
subsidiaries
US$’000
Transfer
pricing and
withholding
tax
US$’000
Others
US$’000
Deferred
tax
assets-
tax
losses
US$’000
Net
deferred
tax
liabilies
US$’000