Creative 2014 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 2014. 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.
22. DEFERRED INCOME TAX LIABILITIES
Movements in deferred income tax account are as follows:
Group Company
2014 2013 2014 2013
US$’000 US$’000 US$’000 US$’000
Beginning of nancial year 15,202 17,902 – –
Over provision in prior nancial years (Note 8) (4,500) (2,700) – –
End of nancial year 10,702 15,202 – –
Deferred income tax liabilies (assets) consist of the following:
Group
2014
Beginning of
nancial year 5,388 6,412 11,200 4,002 27,002 (11,800) 15,202
Over provision in prior
nancial years – – (4,500) – (4,500) – (4,500)
End of nancial year 5,388 6,412 6,700 4,002 22,502 (11,800) 10,702
2013
Beginning of
nancial year 5,388 6,412 13,900 4,002 29,702 (11,800) 17,902
Over provision in prior
nancial years – – (2,700) – (2,700) – (2,700)
End of nancial year 5,388 6,412 11,200 4,002 27,002 (11,800) 15,202
Total
deferred
tax

US$’000


interest
income
US$’000
Undistributed

foreign
subsidiaries
US$’000
Transfer
pricing and
withholding
tax
US$’000
Others
US$’000
Deferred
tax
assets-
tax
losses
US$’000
Net
deferred
tax

US$’000