Boskalis Annual Report 2018

97

14. DEFERRED INCOME TAX ASSETS AND LIABILITIES

BALANCE AS AT 1 JANUARY 2018

BALANCE AS AT 31 DECEMBER 2018

MOVEMENT IN TEMPORARY DIFFERENCES DURING THE YEAR

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

Charged (-)/ added

Reclassified to disposal group

Currency translation differences

Charged to equity

to net profit

Asset

Liability

Asset

Liability

Intangible assets

-

- 2,387 - 3,120

583

- -

- -

- -

-

195 - 1,999 128 - 3,005

Property, plant and equipment Unbilled revenue and deferred revenue Trade and other receivables Actuarial gains / losses (-) and asset limitation on defined benefit pension plans Hedging reserve

390

- 103

- 44

-

- 34

34 18

- -

- - -

- - -

-

-

- - -

38

-

1

57

-

- 3,252

321

3,931

-

1,000

7,069 4,026

-

252

- 39

- - - - - - - - -

- - - - - - - - -

42

7,324

-

Employee benefits

- 3,388

- 484 - 670

- - - - - - -

- 36 504

3,518 - 3,400

Provisions

897 249 252 308 600

- -

731 249 354 276

- -

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

-

-

- 370

403 381 300

- 26

- 95

- 1,163 - 2,336

41

- 709

Foreign branch results

-

-

- 1,436

Income tax losses carried forward

86

-

-

- 39 443

47

-

13,915

- 16,050

1,035

3,892

13,879 - 10,644

Offsetting of deferred income tax assets and liabilities

- 4,367

4,367

- 4,874

4,874

Net in the consolidated statement of financial position

9,548

- 11,683

9,005 - 5,770

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

Charged to equity

to net profit

Asset

Liability

Asset

Liability

Intangible assets

-

- 2,165 - 12,397

2

- -

- -

- 211

- 13 197

-

- 2,387 - 3,120

Property, plant and equipment Unbilled revenue and deferred revenue Trade and other receivables Actuarial gains / losses (-) and asset limitation on defined benefit pension plans Hedging reserve

583

8,887

-

390

- -

- 6,857

6,308

- -

- - -

- - -

515

- - -

- 34

- 2

2

-

-

330

-

- 330

- 3,257

5

- 3,252

5,790 4,083 1,287

-

-

1,504

- - -

- -

- 225

7,069 4,026

-

Employee benefits

- 3,292

- 350

- - - - - - -

197

- 3,388

Provisions

- -

- 1,053

585

78

897 249 252 308 600

- -

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

345

- 96

-

-

-

1,291

-

- 1,024

-

-

- 385

- 370

445

- 1,158 - 1,566

- 171 - 170 - 367

- - - -

- -

29

- 1,163 - 2,336

Foreign branch results

-

-

Income tax losses carried forward

414

-

37

2

86

-

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

The difference between the balance as at 31 December 2017 compared to 1 January 2018 is related to the first- time application of IFRS 9 (see note 3.33).

ANNUAL REPORT 2018 – BOSKALIS ANNUAL REPORT 2018 -- BOSKALIS