Table:
| Consolidated |  |  |
| --- | --- | --- |
|  | 2019 | 2018 |
|  | US$000 | US$000 |
| Deferred tax asset comprises temporary differences attributable to: |  |  |
| Amounts recognised in profit or loss: |  |  |
| Tax losses | 2,068 | 688 |
| Property, plant and equipment | (176) | 58 |
| Employee benefits | 608 | 235 |
| Employee entitlements | 714 | - |
| Intellectual property | 79,260 | 79,011 |
| Revenue received in advance | 633 | 1,019 |
| Provisions | 1,054 | 328 |
| Foreign currency translation | 613 | 534 |
| Tax credits | 17 | - |
| Deferred rent | 82 | 163 |
|  | 84,873 | 82,036 |
| Amounts recognised in equity: |  |  |
| Transaction costs on share issue | - | 84 |
| Deferred tax asset | 84,873 | 82,120 |
| Amount expected to be recovered within 12 months | 26,588 | 26,995 |
| Amount expected to be recovered after more than 12 months | 58,285 | 55,125 |
| Movements: |  |  |
| Opening balance | 82,120 | 82,946 |
| Credited/(charged) to profit or loss (note 5) | 2,440 | (933) |
| Additions through business combinations (note 28) | 314 | 105 |
| Translation differences | (1) | 2 |
| Closing balance | 84,873 | 82,120 |
Paragraphs:
Note 11. Non-current assets - deferred tax assets
Critical accounting judgements, estimates and assumptions
Deferred tax assets are recognised for deductible temporary differences only if the Group considers it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Calculation of future taxable amounts involve the use of assumptions and management judgments.
A deferred tax asset can only be recorded for the portion of a potential benefit where utilisation is considered probable. The assessment of future taxable amounts involves the use of assumptions and management judgments. The Group has fully recognised a deferred tax asset of $79.3m in relation to assets previously transferred to USA. It is considered probable that there will be future taxable income in the USA to fully realise these temporary differences.
Question:
Which year had the higher Closing balance? 
Answer: Because (2019:84,873)>(2018: 82,120 ), the answer is: 2019.