223 348
223
16.
DEFERRED TAXES
These are detailed as follows:
31 December 2014
31 December 2013 (*)
Deferred tax assets:
- Deferred tax assets recoverable after more than 12 months
77
80
- Deferred tax assets recoverable within 12 months
38
50
Total deferred tax assets
115
130
Deferred tax liabilities:
- Deferred tax liabilities reversing after more than 12 months
(36)
(82)
- Deferred tax liabilities reversing within 12 months
(17)
(15)
Total deferred tax liabilities
(53)
(97)
Total net deferred tax assets (liabilities)
62
33
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
Movements in deferred taxes are detailed as follows:
Accumulated
Provisions
(1)
Tax
Other
Total
depreciation
losses
Balance at 31 December 2012
(163)
105
71
21
34
Business combinations
-
-
-
-
-
Currency translation differences
4
(4)
(1)
(5)
(6)
Impact on income statement
11
(24)
(1)
21
7
Impact on equity
-
(2)
-
-
(2)
Other and reclassifications
1
(6)
-
5
-
Balance at 31 December 2013 (*)
(147)
69
69
42
33
Business combinations
-
-
-
-
-
Currency translation differences
(5)
1
-
4
-
Impact on income statement
9
39
(8)
(24)
16
Impact on equity
-
11
-
1
12
Other and reclassifications
-
(1)
1
1
1
Balance at 31 December 2014
(143)
119
62
24
62
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
(1) These comprise Provisions for risks and charges (current and non-current) and Employee benefit obligations.
(in millions of Euro)
(in millions of Euro)