Boskalis_Annual Report_2017

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14. DEFERRED INCOME TAX ASSETS AND LIABILITIES

BALANCE AS AT 1 JANUARY 2017

BALANCE AS AT 31 DECEMBER 2017

MOVEMENT IN TEMPORARY DIFFERENCES DURING THE YEAR

In / (out) consolida- tion and business combina- tions

Charged (-)/ added

Reclassified to disposal group

Currency translation differences

to net profit

Charged to equity

Asset

Liability

Asset

Liability

-

- 2,165 - 12,397 - 6,857

2

- - - -

- - - - - - - - - - - - - -

- 211

- 13 197 515

-

- 2,387

Intangible assets

583

8,887 6,308

- - - -

390 - 3,120

Property, plant and equipment Due from and due to customers Trade and other receivables

- -

- - -

- 34

- 2

2

-

-

330

-

- 330 - 3,257

5

- 3,252

Hedging reserve

Actuarial gains / losses (-) and asset limitation on defined benefit pension plans

5,790 4,083 1,287

-

-

1,504

- -

- 225

7,069

-

- 3,292

- 350

- - - - - - -

197

4,026 - 3,388

Employee benefits

- - -

- 1,053

585

78

897 249 252

- -

Provisions

345

- 96

- - - -

-

Interest-bearing borrowings Trade and other payables Other assets and liabilities

1,291

- 1,024

- 385

- 370

445

- 1,158 - 1,566

- 171 - 170 - 367

29

308 - 1,163 600 - 2,336

-

-

Foreign branch results

414

-

37

2

86

-

Income tax losses carried forward

14,568

- 27,437

11,638 - 1,753

411

400

13,877 - 16,050

Offsetting of deferred income tax assets and liabilities

- 4,063

4,063

- 4,367

4,367

Net in the consolidated statement of financial position

10,505

- 23,374

9,510 - 11,683

BALANCE AS AT 1 JANUARY 2016

BALANCE AS AT 31 DECEMBER 2016

MOVEMENT IN TEMPORARY DIFFERENCES DURING THE YEAR

In / (out) consolida- tion and business combina- tions

Charged (-)/ added

Reclass to disposal group

Currency translation differences

to net profit

Charged to equity

Asset

Liability

Asset

Liability

Intangible assets

-

- 2,960 - 13,854

2,742 - 2,445 - 6,637

- - - -

-

- 2,149 - 2,259

202

-

- 2,165 - 12,397 - 6,857

Property, plant and equipment Due from and due to customers Trade and other receivables

2,301

4,930

- 487

583

371

- 358

-

- 926

693

- -

-

- 17

17

17

- 17

- 2

- 2

Hedging reserve

2,409

-

6

- 2,034

-

- 268

217

330

-

Actuarial gains / losses (-) and asset limitation on defined benefit pension plans

11,583

-

-

- 5,801 6,881

- -

- -

8

5,790 4,083 1,287

-

Employee benefits

787

- 5,346

- 1,530 1,571

- 1

- 3,292

Provisions

1,070

- 566

- - - - - -

597

- 598

- 787 - 311

- - -

Interest-bearing borrowings Trade and other payables Other assets and liabilities

344 546 317

- 33

1

-

344 443 579

345

- 154

247

208

1

1,291

- 9,371 - 1,565

7,847

50

- 135

445

- 1,158 - 1,566

Foreign branch results

-

-

- -

- -

- 1 11

-

Income tax losses carried forward

511

-

- 108 1,711

414

-

20,239

- 34,224

- 954

5,802

- 4,851

- 592

14,568

- 27,437

Offsetting of deferred income tax assets and liabilities

- 8,219

8,219

- 4,063

4,063

Net in the consolidated statement of financial position

12,020

- 26,005

10,505

- 23,374

Deferred income tax assets are not recognized as long as it is not probable that economic benefits can be expected in future periods. Deferred income tax assets and liabilities within fiscal unities are offset in the statement of financial position.

ANNUAL REPORT 2017 – BOSKALIS A NUAL REPORT 2017 -- BOSKALIS A L REP RT 2017 - BOSKALIS

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