173 I N T E G R A T E D R E P O R T 2 0 2 1 GROUP COMPANY Sep-21 Sep-20 Sep-21 Sep-20 MUR m MUR m MUR m MUR m (e) Other long term employee benefit plan At 1 October - - - Effect of adopting amendments to WRA 2019 11.3 - 11.3 - At 30 September 11.3 - 11.3 - GROUP COMPANY Sep-21 Sep-20 Sep-21 Sep-20 MUR m MUR m MUR m MUR m Deferred tax assets 275.8 188.8 275.8 - Deferred tax liabilities (33.2) (16.4) (33.1) - 242.6 172.4 242.7 - 25. POST-EMPLOYMENT BENEFIT LIABILITIES (CONT’D) 26. DEFERRED TAXATION Deferred tax assets/(liabilities) GROUP COMPANY The following amounts are shown in the Statement of Financial Position: Section 47 (1) of the Workers Right Act 2019 (WRA 2019) requires that a worker who remains in continuous employment with the same employer for a period of at least 5 consecutive years shall be entitled to vacation leave of not more than 30 days, whether taken consecutively or otherwise, for every period of 5 consecutive years, to be spent abroad, locally or partly abroad and partly locally. The Group has recognised in the Statement of Profit or Loss the expected costs of the vacation leaves. The provision for vacation leaves does not take into account any period of employment prior to 24 October 2019 to meet the requirement of the WRA 2019. Impairment allowance Post employment benefit Excess of lease liabilities over rightof-use assets Accelerated tax depreciation Tax losses Total MUR m MUR m MUR m MUR m MUR m MUR m At 1 October 2019 40.0 1.0 - (2.3) 7.1 45.8 Credited/(charged) to profit or loss 46.4 1.1 3.0 (5.2) - 45.3 Effect of no partial exemption 78.9 4.3 - (8.9) - 74.3 Creditedtoothercomprehensiveincome(note12) - 7.0 - - - 7.0 At 30 September 2020 165.3 13.4 3.0 (16.4) 7.1 172.4 Credited/(charged) to profit or loss 85.8 30.2 1.5 (16.7) (7.1) 93.7 Charged to comprehensive income (note 12) - (23.5) - - - (23.5) At 30 September 2021 251.1 20.1 4.5 (33.1) - 242.6 Deferred tax asset 251.1 20.2 4.5 - - 275.8 Deferred tax liability - (0.1) - (33.1) - (33.2) 251.1 20.1 4.5 (33.1) - 242.6 Impairment allowance Post employment benefit Right of use Accelerated tax depreciation Tax losses Total MUR m MUR m MUR m MUR m MUR m MUR m At 30 September 2020 - - - - - - Amalgamation adjustment 165.3 13.4 3.0 (16.4) 7.1 172.4 Credited/(charged) to profit or loss 85.8 30.3 1.5 (16.7) (7.1) 93.8 Charged to comprehensive income (note 12) - (23.5) - - - (23.5) At 30 September 2021 251.1 20.2 4.5 (33.1) - 242.7 Deferred tax asset 251.1 20.2 4.5 - - 275.8 Deferred tax liability - - - (33.1) - (33.1) 251.1 20.2 4.5 (33.1) - 242.7 Explanatory Notes 30 SEPTEMBER 2021 E x p l a n a t o r y N o t e s At the end of the reporting period, the Group had no unused tax losses. On 30 September 2020 the amount of unused tax losses was MUR 19.1m. The Group lost all the unused tax losses upon amalgamation, which occurred in October 2020.
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