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214 Lenovo Group Limited 2015/16 Annual Report
NOTES TO THE FINANCIAL STATEMENTS
20 DEFERRED INCOME TAX ASSETS AND LIABILITIES (continued)
(a) The movements in deferred income tax assets (prior to offsetting of balances within the same tax jurisdiction),
analyzed by major components, during the year are as follows:
Provisions
and accruals Tax losses
Tax
depreciation
allowance
Deferred
revenue
Share-based
payment Others Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
At April 1, 2014 259,621 50,582 2,207 74,350 –5,818 392,578
Reclassification and
exchange adjustments (18,604) (747) (1,017) (5,408) – (505) (26,281)
(Charged)/credited to
consolidated income
statement (33,101)64,699 5,059 27,703 16,646 (320)80,686
Credited to other
comprehensive income –––––1,012 1,012
Acquisition of businesses 14,774 725 1,294 8,858 43,380 9,767 78,798
Credited to share-based
compensation reserve – – – – 9,693 –9,693
At March 31, 2015 and
April 1, 2015 222,690 115,259 7,543 105,503 69,719 15,772 536,486
Reclassification and
exchange adjustments 3,411 (524) (2,967) (2,690) – 72 (2,698)
Credited/(charged) to
consolidated income
statement 117,394 397,251 9,518 36,959 (47,158) (4,799)509,165
Credited to other
comprehensive income –––––1,086 1,086
Charged to share-based
compensation reserve – – – – (4,847) – (4,847)
At March 31, 2016 343,495 511,986 14,094 139,772 17,714 12,131 1,039,192
Deferred income tax assets are recognized for deductible temporary differences and tax losses carried
forward to the extent that realization of the related tax benefit through the future taxable profits is probable.