The movement in deferred tax assets and liabilities (prior to offsetting balances within the same tax jurisdiction) during the year is as follows:
(all amounts in Euro thousands)
Company
|
1 January 2016 |
Debit/(Credit) to net profit |
Debit/(Credit) to equity through statement OCI |
31 December 2016 |
| Deferred tax liabilities (before set - offs) |
| Property, plant and equipment |
35,055 |
-2,488 |
- |
32,567 |
| Intangible assets |
127 |
-75 |
- |
52 |
| Provisions |
1,800 |
- |
- |
1,800 |
| Trade and other payables |
416 |
216 |
- |
632 |
| Long term borrowings |
31 |
-31 |
- |
- |
| Available for sale financial assets |
40 |
- |
-40 |
- |
| Cash and cash equivalents |
- |
131 |
- |
131 |
| |
37,469 |
-2,247 |
-40 |
35,182 |
| Deferred tax assets (before set - offs) |
| Investments & other non-current receivables |
-2,979 |
- |
- |
-2,979 |
| Inventories |
-2,549 |
-66 |
- |
-2,615 |
| Receivables and prepayments |
-1,144 |
-440 |
- |
-1,584 |
| Government grants and other non current liabilities |
-1,186 |
63 |
- |
-1,123 |
| Provisions and accrued expenses |
-2,292 |
-745 |
- |
-3,037 |
| Post-employment and termination benefits |
-3,794 |
-209 |
-599 |
-4,602 |
| Trade and other payables |
- |
- |
- |
- |
| Interest expense tax carried forward |
-2,094 |
1,872 |
- |
-222 |
| Tax losses carried forward (note 8) |
-13,913 |
7,331 |
- |
-6,582 |
|
-29,951 |
7,806 |
-599 |
-22,744 |
| Net deferred tax liability |
7,518 |
5,559 |
-639 |
12,438 |
The movement in deferred tax assets and liabilities (prior to offsetting balances within the same tax jurisdiction) during the prior year is as follows:
(all amounts in Euro thousands)
|
1 January 2015 |
Debit/(Credit) to net profit |
Debit/(Credit) to equity through statement OCI |
31 December 2015 |
| Deferred tax liabilities (before set - offs) |
| Property, plant and equipment |
32,421 |
2,381 |
253 |
35,055 |
| Intangible assets |
135 |
-8 |
- |
127 |
| Receivables and prepayments |
72 |
-72 |
- |
- |
| Provisions |
1,800 |
- |
- |
1,800 |
| Trade and other payables |
54 |
362 |
- |
416 |
| Long term borrowings |
- |
31 |
- |
31 |
| Available for sale financial assets |
- |
- |
40 |
40 |
| |
34,482 |
2,694 |
293 |
37,469 |
| Deferred tax assets (before set - offs) |
| Investments & other non-current receivables |
-2,671 |
-308 |
- |
-2,979 |
| Inventories |
-168 |
-2,381 |
- |
-2,549 |
| Receivables and prepayments |
-769 |
-375 |
- |
-1,144 |
| Government grants |
-1,114 |
-72 |
- |
-1,186 |
| Provisions and accrued expenses |
-596 |
-1,696 |
- |
-2,292 |
| Post-employment and termination benefits |
-3,647 |
-751 |
604 |
-3,794 |
| Trade and other payables |
-85 |
85 |
- |
- |
| Interest expense tax carried forward |
-5,705 |
3,611 |
- |
-2,094 |
| Tax losses carried forward (note 8) |
-16,362 |
2,449 |
- |
-13,913 |
| |
-31,117 |
562 |
604 |
-29,951 |
| Net deferred tax liability |
3,365 |
3,256 |
897 |
7,518 |