Page 145 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

The components of deferred tax assets and deferred tax liabilities as at 31 December 2024
and 2023 are as follows.
(Unit: Thousand Baht)

Consolidated Separate
financial statements financial statements
2024 2023 2024 2023

Deferred tax assets
Allowance for diminution in value of inventories 6,268 4,002 6,176 4,002
Provision for losses from raw material
purchase contracts 38 124 38 124

Unrealised fair value loss on derivatives 90 1,497 90 1,497
Allowance for asset impairment 2,356 740 2,356 740
Provision for long-term employee benefits 11,671 11,379 11,412 11,379
Unrealised fair value loss on investments in

equity instruments - 45,423 - 45,423
Total 20,423 63,165 20,072 63,165
Deferred tax liabilities

Unrealised fair value gain on derivatives 142 28 142 28
Share of profit from investment in associate 25,885 28,332 - -
Unrealised fair value gain on investments in
equity instruments 1,301 - 1,301 -
Total 27,328 28,360 1,443 28

Net (6,905) 34,805 18,629 63,137

As at 31 December 2024, the Group has unused tax losses totaling Baht 280 million (2023: 3
million) (the Company only: Baht 262 million (2023: none)), on which deferred tax assets have

not been recognised as the Group believes that there may be uncertainty in future taxable
profits to allow utilisation of unused tax losses. The unused tax losses will expire by 2029.

22. Earnings per share

Basic earnings per share (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.

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