10 Income taxes (continued)
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Ahold Annual Report 2012 96
Ahold at a glance
Our strategy
Our performance
Governance
Financials
Investors
Notes to the consolidated
financial statements
Income taxes on discontinued operations
Current and deferred income tax related to discontinued operations amounted to nil in 2012 and a benefit of €7 million in 201 1 and has been included within the result from discontinued
operations. The 2012 current and deferred income tax on discontinued operations included a €2 million expense related to the financial obligations under various lease guarantees that the
Company had previously provided to landlords of its former BI-LO Bruno's subsidiaries and a €2 million benefit related to Tops. For further information, see Notes 5 and 34.
Deferred income tax
The significant components and annual movements of deferred income tax assets and liabilities as of December 30, 2012, and January 1, 2012, (including discontinued operations) are
as follows:
million
January 2,
2011
Recognized in
income statement
Other
January 1,
2012
Recognized in
income
statement
Other
December 30,
2012
Leases and financings
222
8
5
235
3
(1)
237
Pensions and other post-employment benefits
46
(30)
16
(16)
Provisions
1 31
(4)
7
134
(20)
114
Derivatives and loans
7
(2)
11
16
(4)
12
24
Interest
35
2
1
38
20
(1)
57
Other
52
30
2
84
3
(9)
78
Total gross deductible temporary differences
493
4
26
523
2
(15)
510
Unrecognized deductible temporary differences
(20)
(30)
(1)
(51)
(5)
(56)
473
25
472
(3)
(15)
454
Tax losses and tax credits
572
(273)
17
316
(56)
(81)
179
Unrecognized tax losses and tax credits
(459)
324
(4)
(139)
4
91
(44)
Total recognized tax losses and tax credits
113
51
13
177
(52)
10
135
Total net deferred tax asset position
586
25
38
649
(55)
(5)
589
Pensions and other post-employment benefits - - - - (62) 14 (48)
Property, plant and equipment and intangible assets
(245)
(81)
(10)
(336)
18
(46)
(364)
Inventories
(103)
(6)
(3)
(112)
(1)
2
(111)
Other
(5)
(1)
(6)
1
(5)
Total deferred tax liabilities
(353)
(87)
(14)
(454)
(44)
(30)
(528)
Net deferred tax assets
233
(62)
24
195
(99)
(35)
61
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.
