Page 179 - Annual Report 2015 - Mono Technology Public Company Limited

(Unit: Million Baht)
Separate statements of financial position
(1)
1
2
-
1 (1) 2 (1)
Profit or loss in separate statements of comprehensive income
As at
For the years ended 31 December
Deferred tax assets (liabilities)
31 December 2015
31 December 2014
2015
(1)
-
-
-
2014
(1)
2
Allowance for doubtful accounts
Intangible assets (Difference in amortization) Provision for long-term employee benefits
- - -
Others -
Deferred tax relating to origination and reversal of temporary differences
Deferred tax assets - net
-
1
As at 31 December 2015 the subsidiaries had deductible temporary differences and unused tax losses totaling Baht 429 million (2014: Baht 49 million). No deferred tax assets have been recognised on these amounts as the subsidiaries believe their future taxable profits may not be sufficient to allow utilisation of the temporary differences and unused tax losses.
26. Promotional privileges
On 11 January 2011, Mono Info Systems Co., Ltd., (“MIS”) has received promotional tax privileges from the Board of Investment, pursuant to the investment promotion certificate No. 1029(7)/2554. Subject to certain imposed conditions, the privileges include an exemption from corporate income tax for a period of 8 years from the date of the promoted operations begin generating revenues (31 July 2011).
In 2015, MIS had revenues from the promoted operations amounting to Baht 305 million (2014: Baht 359 million).
27. Earnings per share
Basic earnings (loss) per share is calculated by dividing profit (loss) for the year attributable to equity holders of the Company (excluding other comprehensive income) by the weighted average number of ordinary shares in issue during the year.
Diluted earnings (loss) per share is calculated by dividing profit (loss) for the year attributable to equity holders of the Company (excluding other comprehensive income) by the weighted average number of ordinary shares in issue during the year plus the weighted average number of ordinary shares which would need to be issued to convert all dilutive potential ordinary shares into ordinary shares. The calculation assumes that the conversion took place either at the beginning of the year or on the date the potential ordinary shares were issued.
Annual Report 2015
179