At 1 July

(101,664)

(141,747)

(146,928)

(100,953)

(141,462)

(147,057)

Effect of adoption of IFRS 9

-

(21,122)

-

(21,122)

-

At 1 July

(101,664)

(162,869)

(146,928)

(100,953)

(162,584)

(147,057)

Charge to profit or loss:

Overprovision in deferred tax in previous years (Note 11 (b))

(394)

34

(2,767)

(393)

31

(2,570)

Movement for the year

(21,180)

61,597

8,767

(21,724)

61,981

8,984

Charge to other comprehensive income:

Movement for the year

(1,268)

(426)

(819)

(1,318)

(381)

(819)

At 30 June

(124,506)

(101,664)

(141,747)

(124,388)

(100,953)

(141,462)

Analysed as follows:

Deferred tax liabilities

-

Deferred tax assets

(124,506)

(101,664)

(141,747)

(124,388)

(100,953)

(141,462)

Deferred tax liabilities

(124,506)

(101,664)

(141,747)

(124,388)

(100,953)

(141,462)

THE GROUP

At 1 July 2018

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2018

Charge to retained earnings

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2019

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2020

MUR'000

Deferred tax assets

Impairment losses on loans and advances to banks and customers

(144,755)

2,737

-

(142,018)

(18,096)

53,852

-

(106,262)

(24,834)

-

(131,096)

Other temporary differences

-

(285)

-

(285)

-

(253)

-

(538)

(31)

-

(569)

Impairment loss on bond and other financial assets

(10,994)

(408)

-

(11,402)

(3,026)

8,438

-

(5,990)

5,017

-

(973)

Retirement benefit obligations

(1,817)

(303)

(819)

(2,939)

-

(480)

(426)

(3,845)

(293)

(1,268)

(5,406)

(157,566)

1,741

(819)

(156,644)

(21,122)

61,557

(426)

(116,635)

(20,141)

(1,268)

(138,044)

Deferred tax liability

Accelerated capital allowances

10,638

4,259

-

14,897

-

74

-

14,971

(1,433)

-

13,538

(146,928)

6,000

(819)

(141,747)

(21,122)

61,631

(426)

(101,664)

(21,574)

(1,268)

(124,506)

THE BANK

At 1 July 2018

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2018

Charge to retained earnings

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2019

Charge/ (credit) to profit or loss

Charge/ (credit) to OCI

At 30 June 2020

MUR'000

Deferred tax assets

Impairment losses on loans and advances to banks and customers

(144,755)

2,737

-

(142,018)

(18,096)

53,852

-

(106,262)

(24,834)

-

(131,096)

Impairment loss on bond and other financial assets

(10,994)

(408)

-

(11,402)

(3,026)

8,438

-

(5,990)

5,017

-

(973)

Retirement benefit obligations

(1,817)

(303)

(819)

(2,939)

-

(392)

(381)

(3,712)

(867)

(1,318)

(5,897)

(157,566)

2,026

(819)

(156,359)

(21,122)

61,898

(381)

(115,964)

(20,684)

(1,318)

(137,966)

Deferred tax liability

Accelerated capital allowances

10,509

4,388

-

14,897

-

114

-

15,011

(1,433)

-

13,578

(147,057)

6,414

(819)

(141,462)

(21,122)

62,012

(381)

(100,953)

(22,117)

(1,318)

(124,388)


						THE GROUP			THE BANK
						2020	2019	2018	2020	2019	2018
						MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000

At 1 July						(101,664)	(141,747)	(146,928)	(100,953)	(141,462)	(147,057)
Effect of adoption of IFRS 9						-	(21,122)	-	-	(21,122)	-
At 1 July						(101,664)	(162,869)	(146,928)	(100,953)	(162,584)	(147,057)
Charge to profit or loss:
Overprovision in deferred tax in previous years (Note 11 (b))						(394)	34	(2,767)	(393)	31	(2,570)
Movement for the year						(21,180)	61,597	8,767	(21,724)	61,981	8,984
Charge to other comprehensive income:
Movement for the year						(1,268)	(426)	(819)	(1,318)	(381)	(819)
At 30 June						(124,506)	(101,664)	(141,747)	(124,388)	(100,953)	(141,462)

Analysed as follows:
Deferred tax liabilities						-	-	-	-	-	-
Deferred tax assets						(124,506)	(101,664)	(141,747)	(124,388)	(100,953)	(141,462)
Deferred tax liabilities						(124,506)	(101,664)	(141,747)	(124,388)	(100,953)	(141,462)

THE GROUP	At 1 July 2018	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2018	Charge to retained earnings	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2019	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2020
	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000
Deferred tax assets
Impairment losses on loans and advances to banks and customers	(144,755)	2,737	-	(142,018)	(18,096)	53,852	-	(106,262)	(24,834)	-	(131,096)
Other temporary differences	-	(285)	-	(285)	-	(253)	-	(538)	(31)	-	(569)
Impairment loss on bond and other financial assets	(10,994)	(408)	-	(11,402)	(3,026)	8,438	-	(5,990)	5,017	-	(973)
Retirement benefit obligations	(1,817)	(303)	(819)	(2,939)	-	(480)	(426)	(3,845)	(293)	(1,268)	(5,406)

	(157,566)	1,741	(819)	(156,644)	(21,122)	61,557	(426)	(116,635)	(20,141)	(1,268)	(138,044)
Deferred tax liability
Accelerated capital allowances	10,638	4,259	-	14,897	-	74	-	14,971	(1,433)	-	13,538
	(146,928)	6,000	(819)	(141,747)	(21,122)	61,631	(426)	(101,664)	(21,574)	(1,268)	(124,506)

THE BANK	At 1 July 2018	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2018	Charge to retained earnings	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2019	Charge/ (credit) to profit or loss	Charge/ (credit) to OCI	At 30 June 2020
	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000	MUR'000
Deferred tax assets
Impairment losses on loans and advances to banks and customers	(144,755)	2,737	-	(142,018)	(18,096)	53,852	-	(106,262)	(24,834)	-	(131,096)
Impairment loss on bond and other financial assets	(10,994)	(408)	-	(11,402)	(3,026)	8,438	-	(5,990)	5,017	-	(973)
Retirement benefit obligations	(1,817)	(303)	(819)	(2,939)	-	(392)	(381)	(3,712)	(867)	(1,318)	(5,897)

	(157,566)	2,026	(819)	(156,359)	(21,122)	61,898	(381)	(115,964)	(20,684)	(1,318)	(137,966)
Deferred tax liability
Accelerated capital allowances	10,509	4,388	-	14,897	-	114	-	15,011	(1,433)	-	13,578
	(147,057)	6,414	(819)	(141,462)	(21,122)	62,012	(381)	(100,953)	(22,117)	(1,318)	(124,388)