224 348
Consolidated Financial Report |
EXPLANATORY NOTES
2014 Annual Report
Prysmian Group
224
The Group has not recognised any deferred tax assets for
carryforward tax losses of Euro 757million at 31 December 2014
(Euro 651 million at 31 December 2013), or for future deductible
temporary differences of Euro 228 million at 31 December 2014
(Euro 180 million at 31 December 2013). Unrecognised deferred
tax assets relating to these carryforward tax losses and deduc-
tible temporary differences amount to Euro 298 million at 31
December 2014 (Euro 240 million at 31 December 2013).
The following table presents details of carryforward tax losses:
31 December 2014
31 December 2013 (*)
Carryforward tax losses
978
953
of which recognised as assets
221
302
Carryforward expires within 1 year
17
9
Carryforward expires between 2-5 years
144
110
Carryforward expires beyond 5 years
145
307
Unlimited carryforward
672
526
(*) 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.
17.
SALES OF GOODS AND SERVICES
These are detailed as follows:
2014
2013 (*)
Finished goods
5,499
5,640
Construction contracts
837
912
Services
110
85
Other
394
358
Total
6,840
6,995
(*) 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.
(in millions of Euro)
(in millions of Euro)