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 |
January 1, 2017 |
Debit/(Credit) to net profit |
Debit/(Credit) to equity through statement OCI |
December 31, 2017 |
| Deferred tax liabilities (before set - offs) |
| Property, plant and equipment |
32,567 |
-3,001 |
43 |
29,609 |
| Intangible assets |
52 |
-26 |
- |
26 |
| Provisions |
1,800 |
-1800 |
- |
- |
| Trade and other payables |
632 |
-476 |
- |
156 |
| Cash and cash equivalents |
131 |
119 |
- |
12 |
| |
35,182 |
-5,422 |
43 |
29,803 |
| Deferred tax assets (before set - offs) |
| Investments & other non-current receivables |
-2,979 |
-52 |
- |
-3,031 |
| Inventories |
-2,615 |
-439 |
- |
-3,054 |
| Receivables and prepayments |
-1,584 |
-770 |
- |
-2,354 |
| Government grants and other non current liabilities |
-1,123 |
53 |
- |
-1,070 |
| Provisions and accrued expenses |
-3,037 |
-214 |
- |
-3,251 |
| Post-employment and termination benefits |
-4,602 |
303 |
-170 |
-4,469 |
| Interest expense tax carried forward |
-222 |
-1,784 |
- |
-2,006 |
| Tax losses carried forward (note 8) |
-6,582 |
2,092 |
- |
-4,490 |
|
-22,744 |
-811 |
-170 |
-23,725 |
| Net deferred tax liability |
12,438 |
-6,233 |
-127 |
6,078 |
The movement in deferred tax assets and liabilities (prior to offsetting balances within the same tax jurisdiction) during the prior year is as follows:
|
January 1, 2016 |
Debit/(Credit) to net profit |
Debit/(Credit) to equity through statement OCI |
December 31, 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 |
| 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 |