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18 Deferred tax assets/(liabilities)



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annual report 2020 en

       
113
18 Deferred tax assets/(liabilities)
(a) Components of recognised deferred tax assets/(liabilities)
(CNY million)
2020
2019
Accruals, provisions and unperformed obligations
6,336
7,023
Depreciation of property, plant and equipment
(2,139)
(1,831)
Provision for loss allowances
353
303
Write-down of inventories
617
372
Unrealised profit
3,801
3,195
Tax losses
1,726
1,331
Undistributed profits of subsidiaries
(1,297)
(1,641)
Others
(570)
370
Total
8,827
9,122
Reconciliation to the summary consolidated statement of financial position:
(CNY million)
2020
2019
Net deferred tax assets recognised in the summary consolidated  
statement of financial position
10,748
10,877
Net deferred tax liabilities recognised in the summary consolidated 
statement of financial position

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