Page 123 - Neal and Massy Holdings Annual Report 2012

121 forward focused
13 Financial Assets At Fair Value Through Profit Or Loss
2012 2011
$ $
Beginning of the year 77,806 77,963
Exchange differences - 732
Change in market value/impairment charge (361) (567)
Additions 8,114 3,655
Disposals - (3,977)
Other 29,285 -
114,844 77,806
14 Deferred Income Tax
Deferred income taxes are calculated in full, on temporary differences under the liability method using a principal tax rate of 25%
(2011: 25%).
Deferred income tax liabilities
The movement in the deferred income tax account is as follows:
2012 2011
$ $
Balance at beginning of year 115,224 99,909
Charge for the year 10,211 14,435
Exchange adjustment (442) 60
Other movements 3,397 4,920
Transferred to disposal group classified as held for sale - (4,100)
Balance at end of year 128,390 115,224