Annual Report 2020

FOR THE YEAR ENDED 31 DECEMBER 2020 截至二零二零年十二月三十一日止年度 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 240 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 31 遞延所得稅項 （續） 於二零二零年十二月三十一日，本集團有 估計未動用稅項虧損為港幣 40,677,000 元（ 二 零 一 九 年： 港 幣 101,678,000 元），有效期為三至五年（二零一九年： 四至六年），並估算未動用稅項虧損港 幣 318,770,000 元（ 二 零 一 九 年： 港 幣 299,377,000 元）可無限期用於抵銷相對 於其中的有產生虧損之公司的未來應稅 利潤。 於二零二零年十二月三十一日，本集團 有港幣 190,248,000 元（二零一九年：港 幣 215,125,000 元）的可扣減短暫性差 異，因未能確定有否應課稅溢利可予以扣 減，故並無確認為遞延稅項資產。 32 已終止經營業務 在二零一九年九月，本集團已終止經營 於中國的銅及黃銅材料的加工及貿易業 務。據此，已終止經營業務之財務結果根 據香港會計師公會頒布的香港財務報告 準則第 5 號「持有待售之非流動資產及已 終止經營業務」按已終止經營業務呈列於 綜合損益表及綜合全面收益表中。所呈列 財務表現為截至二零二零年及二零一九 年十二月三十一日止年度。 31 DEFERRED INCOME TAX (continued) As at 31 December 2020, the Group has estimated unused tax losses of HK$40,677,000 (2019: HK$101,678,000) which shall expire in three to five years (2019: four to six years) and estimated unused tax losses of HK$318,770,000 (2019: HK$299,377,000) are available indefinitely for offsetting against future taxable profits of the companies in which the losses arise. As at 31 December 2020, the Group has deductible temporary differences of HK$190,248,000 (2019: HK$215,125,000) which no deferred tax asset has been recognised, as it is not probable that taxable profit will be available against which the deductible temporary difference can be utilised. 32 DISCONTINUED OPERATION In September 2019, the Group discontinued the processing and trading of copper and brass products business in the PRC. Accordingly, the financial results of the discontinued business are presented in the consolidated statement of profit or loss and consolidated statement of comprehensive income as discontinued operation in accordance with HKFRS 5 “Non-current Assets Held for Sales and Discontinued Operation” issued by the HKICPA. The financial performance presented is for the years ended 31 December 2020 and 2019.