Registration No. 200301030845 (633265-K) - 117 - 28. Taxation (Cont’d) A reconciliation of income tax expense/(credit) applicable to loss before tax at the statutory income tax rate to income tax expense/(credit) at the effective income tax rate of the Group and of the Company is as follows: 2026 2025 2026 2025 RM RM RM RM Profit/(Loss) before tax 24,758,515 37,795,488 (57,355,114) 3,036,167 Taxation at statutory tax rate of 24% 5,942,044 9,070,917 (13,765,227) 728,680 Effects of tax rates in other countries 821,860 (5,751) - - Income not subject to tax (1,288,695) (6,258,097) - (4,672,286) Expenses not deductible for tax purposes 17,430,960 2,588,210 14,273,391 3,942,635 Consolidation adjustment (13,332,105) - - - Utilisation of previously unrecognised deferred tax assets (1,078,332) (600,111) - - Deferred tax assets not recognised 939,950 414,483 (508,164) 971 Over/(under) provision of deferred tax in prior year - 2,083,606 - - Under/(over) provision of income tax expense in prior year 1,335,430 (714,098) 1,009,053 365,922 Withholding tax expenses 44 37,738 44 37,738 10,771,156 6,616,897 1,009,097 403,660 Group Company The Group and the Company have the following unutilised tax losses and unabsorbed capital allowances available to carry forward to offset against future taxable profits. The said amounts are subjected to approval by the tax authorities. 2026 2025 2026 2025 RM RM RM RM Unutilised tax losses 62,419,010 58,502,552 17,427,716 16,793,659 Unabsorbed capital allowances 3,562,870 2,908,286 - 1,009,563 65,981,880 61,410,838 17,427,716 17,803,222 Group Company NOTES TO THE FINANCIAL STATEMENTS DESTINI BERHAD 230 ANNUAL REPORT 2026
RkJQdWJsaXNoZXIy NDgzMzc=