The principal components of the deferred income tax assets and liabilities are as follows:
|
|
|
|
|
Fair value change of |
|
Unrealized gain on |
|
Depreciation of |
|
|
|
|
|
|
Tax losses |
|
financial instruments |
|
inter-group sales |
|
solar parks |
|
Total |
|
|
|
|
Thousand USD |
|
Thousand USD |
|
Thousand USD |
|
Thousand USD |
|
Thousand USD |
|
|
At January 1, 2016 |
|
364 |
|
202 |
|
6,273 |
|
(5,474 |
) |
1,365 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit (charge) to profit or loss |
|
1,896 |
|
755 |
|
4,420 |
|
2,628 |
|
9,699 |
|
|
Reclassified to held-for-sale |
|
(1,296 |
) |
— |
|
— |
|
— |
|
(1,296 |
) |
|
Exchange differences |
|
(100 |
) |
(40 |
) |
(237 |
) |
(140 |
) |
(517 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2016 |
|
864 |
|
917 |
|
10,456 |
|
(2,986 |
) |
9,251 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax assets |
|
864 |
|
917 |
|
10,456 |
|
(2,656 |
) |
9,581 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities |
|
— |
|
— |
|
— |
|
330 |
|
330 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Credit (charge) to profit or loss |
|
286 |
|
11,325 |
|
(1,843 |
) |
1,668 |
|
11,436 |
|
|
Exchange differences |
|
1 |
|
41 |
|
(7 |
) |
(6 |
) |
29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
At December 31, 2017 |
|
1,151 |
|
12,283 |
|
8,606 |
|
(1,324 |
) |
20,716 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax assets |
|
1,151 |
|
12,283 |
|
8,606 |
|
1,460 |
|
23,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities |
|
— |
|
— |
|
— |
|
2,784 |
|
2,784 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As at December 31, 2015, 2016 and 2017, the Group has unused tax losses of approximately USD135.8 million, USD152.2 million and USD 162.6 million, excludes tax losses recognized above, respectively, available for offset against future profits that may be carried forward indefinitely.