Page 108 - enav_27052016
P. 108
11. Deferred tax assets and liabilities
Deferred tax assets and liabilities are detailed in the table below, distinguishing
between the amounts recognised in the Income Statement and those recognised in
the other comprehensive income (equity).
Increase/decrease through Increase/decrease through
equity
31.12.2014 profit or loss economic 31.12.2015
Temporary Deferred tax
effect of differences assets/liabilities Deferred
Temporary tax assets/
Temporary Deferred tax Temporary Deferred tax IRES aliquota differences liabilities
differences assets/liabilities
differences assets/liabilities change
Deferred tax assets
Taxed provisions 54.473 14.980 8.149 1.888 (1.460) 0 0 62.622 15.408
8.499 2.337 627 173 (319) 0 0 9.126 2.191
Inventory write- 9.094 2.735 (88) 0 0 5.007 1.392
downs (4.087) (1.255)
0
Discounting of (644)
receivables (1.324)
0 0
Tax effect of IFRS 1.529 467 224 (206) 0 0 0 885 261
conversion 0
1.946 535 0 00 (367) 622 168
Discounting of the 1.654 455 1.010 57 (47) (1.324)
TFR 5.279 0 1.878 465
Non-deductible 5 1 0
portion of the TFR 225 (556) 0 51
882 (2.470)
Fair value derivative
Other 19.990 6.372 0 21.000 6.041
Total 97.190 27.882 (367) 101.145 25.927
Deferred tax liabilities
Other 6.008 1.653 2.041 561 0 0 0 8.049 2.214
Discounting of 140 39 (33) (9) 0 0 0 107 30
payables
Tax effect of IFRS 3.333 1.076 (233) (75) (60) 0 0 3.100 941
conversion
0 0 0 00 0 0 00
Discounting of the 1.863 512 0 339 3.548 851
TFR 11.344 3.280 1.775 0 0 1.685 339 14.804 4.036
Fair value derivative
477 (60) 1.685
Total
Deferred tax assets amount to € 25,927 thousand and refer mainly to taxed
provisions, such as impairment losses on the bad debts and risk provisions, where the
changes in the year refer to advances and utilisations made for the reasons stated
in Notes 13 and 18, with the relevant tax deduction. The discounting of receivables
referred both to the balance recorded in previous years, where the present value
was subject to review during the year subsequent to the new charges recovery plan,
as well as the balance recorded in 2015, and which will be reversed in subsequent
years up until 2018, as stated in Note 13. The tax effect arising from the transition
to international accounting standards relates to a series of items that will continue
to have exclusively a fiscal effect arising from the difference between the accounting
ENAV - Annual financial report 2015 107
