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2009/10 Annual Report Lenovo Group Limited
120
NOTES TO THE FINANCIAL STATEMENTS (continued)
120
21 Deferred tax assets and liabilities (continued)
The movements in net deferred tax assets, analyzed by major component, during the year are as follows:
Tax
Tax depreciation Deferred
Provisions losses allowances revenue Others Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Year ended March 31, 2009
At the beginning of the year 99,322 7,658 5,975 29,634 13,851 156,440
Reclassification and exchange adjustments (1,540) (5,695) (2,216) (1,881) (6,501) (17,833)
(Debited)/credited to consolidated
income statement (Note 9) (9,599) 17,556 64 17,713 26,503 52,237
At the end of the year 88,183 19,519 3,823 45,466 33,853 190,844
Year ended March 31, 2010
At the beginning of the year 88,183 19,519 3,823 45,466 33,853 190,844
Acquisition of subsidiaries 6,000 6,327 – – – 12,327
Reclassification and exchange adjustments (1,568) 9,079 1,419 1,763 (10,056) 637
Credited/(debited) to consolidated
income statement (Note 9) 11,482 (11,025) 4,191 36,409 (218) 40,839
At the end of the year 104,097 23,900 9,433 83,638 23,579 244,647
22 Available-for-sale financial assets
Group
2010 2009
US$’000 US$’000
At the beginning of the year 101,916 67,697
Exchange adjustment 191 247
Net gain transferred to other comprehensive income 67,674 34,830
Acquisition of subsidiaries 18,020 –
Disposals (75,281) (858)
At the end of the year 112,520 101,916
Equity securities, at fair value
Listed in Hong Kong 636 33,215
Listed outside Hong Kong 91,769 66,821
92,405 100,036
Unlisted 20,115 1,880
112,520 101,916
Available-for-sale financial assets held by the Group are denominated in the following currencies:
2010 2009
US$’000 US$’000
Hong Kong 1,640 34,220
Renminbi 19,111 875
United States dollars 91,769 66,821
112,520 101,916