Notes to the Group’s Financial Statements
Select note 1–42
21 Deferred tax assets and liabilities | |||||
Changes in deferred tax during the financial period 2016 | |||||
EURm | 1.1. | Recognised in comprehensive income statement | Recognised in equity | Exchange differences | 31.12. |
Deferred tax assets | |||||
Tax losses carried forward | 15 | 0 | 0 | 0 | 15 |
Employee benefits | 35 | -8 | 1 | 0 | 28 |
Other deductible temporary differences | 19 | -7 | 0 | 1 | 13 |
Total | 68 | -15 | 1 | 1 | 56 |
Netting of deferred taxes | -28 | ||||
Deferred tax assets in the balance sheet | 27 | ||||
Deferred tax liabilities | |||||
Depreciation differences and untaxed reserves | 251 | 6 | 0 | 0 | 257 |
Changes in fair values | 221 | -2 | 48 | -2 | 265 |
Other taxable temporary differences | 28 | 4 | 1 | 0 | 33 |
Total | 500 | 8 | 49 | -2 | 555 |
Netting of deferred taxes | -28 | ||||
Total deferred tax liabilities in the balance sheet | 527 | ||||
Changes in deferred tax during the financial period 2015 | |||||
EURm | 1.1. | Recognised in comprehensive income statement | Recognised in equity | Exchange differences | 31.12. |
Deferred tax assets | |||||
Tax losses carried forward | 15 | 0 | - | 0 | 15 |
Changes in fair values | 85 | -50 | -3 | 3 | 35 |
Other deductible temporary differences | 8 | -14 | 4 | -1 | -3 |
Total | 107 | -63 | 0 | 2 | 46 |
Netting of deferred taxes | -12 | ||||
Deferred tax assets in the balance sheet | 35 | ||||
Deferred tax liabilities | |||||
Depreciation differences and untaxed reserves | 275 | -21 | - | -3 | 251 |
Changes in fair values | 231 | 4 | -16 | 2 | 221 |
Other taxable temporary differences | 19 | 12 | -25 | 1 | 7 |
Total | 526 | -5 | -41 | 0 | 479 |
Netting of deferred taxes | -12 | ||||
Total deferred tax liabilities in the balance sheet | 468 | ||||
In Sampo plc, EURm 24 of deferred tax asset has not been recognised on unused tax losses. The first losses will expire in 2019. In life insurance, EURm 4 of deferred tax asset has not been recognised on unused tax losses. |
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