NOTES TO THE FINANCIAL STATEMENTS
08. Fair value change on financial instruments://
2017 $000
2016 $000
NOTE
Fair value movement on hedging instruments Fair value movement on hedged items
(53,577) 56,285 (1,137)
(27,579) 29,923
Reclassification of investment in associate to financial asset
14
_
Total gains/(losses)
1,571
2,344
09. Impairment://
2017 $000
2016 $000
NOTE
Reversal of impairment of investment in associate
– – –
14 15
(2,578) 64,000 61,422
Impairment of goodwill
Total
10. Income tax expense/ (benefit)://
2017 $000
2016 $000
Reconciliation of income tax expense/(benefit)
Profit/(loss) before income tax Tax at current rate of 28% Current tax adjustments: Non-deductible expenses
202,987 56,836
103,185 28,892
2,041
1,517
Impairment
–
17,198
Relating to prior periods – depreciation method Relating to prior periods – tax dispute settlement
17,219 (12,570) (6,084) (3,185)
– –
Relating to prior periods – others
1,836
Other
(2,341)
Deferred tax adjustments: Relating to prior periods – depreciation method Relating to prior periods – tax dispute settlement
(17,219) (2,478)
– –
Relating to prior periods – others
(444)
(2,114)
Other
–
(711)
Income tax expense/(benefit)
34,116
44,277
Comprising: Current tax Deferred tax
43,200 (9,084)
21,702 22,575
90
Vector://AR 17
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