89
10 Income taxes continued
-
-
Ahold
Annual Report 2011
Groupata glance
Performance
Governance
Investors
Notes to the consolidated financial statements continued
Deferred income tax
The significant components and annual movements of deferred income tax assets and liabilities as of January 1, 2012 and January 2,
2011 (including discontinued operations) are as follows:
million
January 3,
2010
Recognized in
income
statement
Other
January 2,
2011
Recognized in
income
statement
Other
January 1,
2012
Leases and financings
197
11
14
222
8
5
235
Pensions and other post-employment benefits
52
(18)
12
46
(30)
16
Provisions
137
(16)
10
131
(4)
7
134
Derivatives and loans
6
(3)
4
7
(2)
11
16
Interest
36
(4)
3
35
2
1
38
Other
27
21
4
52
30
2
84
Total gross deductible temporary differences
455
(9)
47
493
4
26
523
Unrecognized deductible temporary
differences
(17)
(4)
1
(20)
(30)
(1)
(51)
Total recognized deductible temporary
differences
438
(13)
48
473
(26)
25
472
Tax losses and tax credits
544
(5)
33
572
(273)
17
316
Unrecognized tax losses and tax credits
(434)
11
(36)
(459)
324
(4)
(139)
Total recognized tax losses and tax credits
110
6
(3)
113
51
13
177
Total net deferred tax asset position
548
(7)
45
586
25
38
649
Property, plant and equipment and intangible
assets
(191)
(48)
(6)
(245)
(81)
(10)
(336)
Inventories
(92)
(5)
(6)
(103)
(6)
(3)
(112)
Other
(9)
5
(1)
(5)
(1)
(6)
Total deferred tax liabilities
(292)
(48)
(13)
(353)
(87)
(14)
(454)
Net deferred tax assets
256
(55)
32
233
(62)
24
195
The column "Other" in the table above includes amounts recorded in equity, the effects of acquisitions, divestments, and exchange rate
differences, as well as reclassifications between deferred tax components and the application of tax losses and tax credits against current
year income tax payables.
Deferred income tax assets and liabilities are offset on the balance sheet when there is a legally enforceable right to offset current tax
assets against current tax liabilities and when the deferred income taxes relate to income taxes levied by the same fiscal authority.
The deferred tax assets and liabilities are presented as non-current assets and liabilities on the balance sheet as follows:
January 1, January 2,
million 2012 2011
Deferred tax assets
394
410
Deferred tax liabilities
(199)
(177)
Net deferred tax assets
195
233
