Annual Report 2020

131 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2020 截至二零二零年十二月三十一日止年度 ANNUAL REPORT 2020 年度報告 24. DEFERRED TAXATION The followings are the deferred tax liabilities (assets) recognised by the Group and movements thereon during the current and prior reporting years: Tax losses Accelerated tax depreciation Undistributed earnings of the PRC subsidiaries Write- down of inventories Total 稅項虧損 加速稅項折舊 中國附屬公司之 未分派盈利 存貨撇減 總計 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 千港元 千港元 千港元 千港元 千港元 At 1st January, 2019 於二零一九年一月一日 – 54,345 22,550 (32) 76,863 (Credit) charge to profit or loss 在損益（計入）扣除 (8,663) (235) (6,089) 32 (14,955) Utilised during the year 年內已動用 – – (1,249) – (1,249) Exchange adjustments 匯兌調整 – (3,198) (261) – (3,459) At 31st December, 2019 於二零一九年十二月三十一日 (8,663) 50,912 14,951 – 57,200 Charge to profit or loss 在損益扣除 – 3,300 – – 3,300 Exchange adjustments 匯兌調整 (509) 3,163 880 – 3,534 At 31st December, 2020 於二零二零年十二月三十一日 (9,172) 57,375 15,831 – 64,034 Under the EIT Law of the PRC, withholding tax is imposed on dividends declared in respect of profits earned by the PRC subsidiaries from 1st January, 2008 onwards. 24. 遞延稅項 以下為本集團確認之遞延稅項負債（資產）及於本報 告年度及以往報告年度之變動： 根據中國企業所得稅法，預扣稅乃向中國附屬公司 自二零零八年一月一日起所賺取之利潤而宣派之股 息徵稅。