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21. Deferred tax assets and liabilities

 

Changes in deferred tax assets and liabilities are as follows:

 

Deferred tax assets 2013

Trans-
Rec-



Trans- fers Acquired/ orded



lation be- divested through Other


differ- tween subsidi- profit deduc-
EUR million 1/1/2013 ence items aries or loss tions 12/31/2013
Pension obligations 2.1


-0.8 1.0 2.3
Unused tax losses 1.3 -0.0

-0.4
0.9
Impairment on real estate shares 2.6




2.6
Restructuring provision 5.1 -0.0

-2.1
3.0
Other temporary differences 2.7 -1.0 0.0
10.1
11.8
Total 13.8 -1.1 0.0 0.0 6.8 1.0 20.5








Deferred tax liabilities 2013

Trans-
Rec-



Trans- fers Acquired/ orded



lation be- divested through Other


differ- tween subsidi- profit deduc-
EUR million 1/1/2013 ence items aries or loss tions 12/31/2013
Fair value measurement of PPE and intangible assets in acquisition 33.9 -2.6
0.0 -7.0
24.3
Accumulated depreciation in excess of plan 13.7


0.6
14.2
Other temporary differences 6.5 -0.2
-0.1 -1.0
5.2
Total 54.1 -2.8 0.0 -0.1 -7.5 0.0 43.7








Deferred tax assets 2012

Trans-
Rec-



Trans- fers Acquired/ orded



lation be- divested through Other


differ- tween subsidi- profit deduc-
EUR million 1/1/2012 ence items aries or loss tions 12/31/2012
Pension obligations 1.7 - - -0.1 -0.2 0.7 2.1
Unused tax losses 0.0 - - - 1.3 - 1.3
Impairment on real estate shares 3.5 - - - -0.9 - 2.6
Restructuring provision 5.7 - - -0.2 -0.4 - 5.1
Other temporary differences 1.4 - 0.5 - 0.7 - 2.6
Total 12.3 0.0 0.5 -0.3 0.5 0.7 13.8








Deferred tax liabilities 2012

Trans-
Rec-



Trans- fers Acquired/ orded



lation be- divested through Other


differ- tween subsidi- profit deduc-
EUR million 1/1/2012 ence items aries or loss tions 12/31/2012
Fair value measurement of PPE and intangible assets in acquisition 35.9 0.9
0.5 -3.3 - 34.0
Accumulated depreciation in excess of plan 11.4 - 1.3 - 0.9 - 13.7
Other temporary differences 5.8 - 0.5 - 0.5 -0.8 6.0
Total 53.1 0.9 1.8 0.5 -1.9 -0.8 53.7








               

On 31 December 2013, the Group had unused tax losses for which it has not recognized deferred taxes of EUR 111.9 (161.4) million, mainly arising from businesses in Germany and Scandinavia. Deferred tax assets on unused tax losses recognized in 2013 amounted to EUR 11.2 (1.3) million.