Notes to the consolidated financial statements
87
10 Income taxes (continued)
Income taxes on discontinued operations
Deferred income tax
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2014
Current and deferred income tax related to discontinued operations amounted to a €30 million benefit in 2014 and a €17 million benefit in 2013 and has been included within the result from discontinued operations.
The 2014 current and deferred income tax benefit on discontinued operations is mainly related to the U.S. The 2013 current and deferred income tax benefit on discontinued operations is mainly related to Slovakia. For further
information, see Notes 5 and 34.
The significant components and annual movements of deferred income tax assets and liabilities as of December 28, 2014, and December 29, 2013, are as follows:
million
December 30,
2012
Recognized in
income statement
Other
December 29,
2013
Recognized in
income statement
Other
December 28,
2014
Leases and financings
237
5
(19)
223
1
37
261
Pensions and other post-employment benefits
305
(7)
(88)
210
(27)
35
218
Provisions
114
20
21
155
(26)
(11)
118
Derivatives and loans
24
5
(14)
15
4
15
34
Interest
57
(29)
(1)
27
(11)
2
18
Other
78
(39)
(11)
28
(5)
10
33
Total gross deductible temporary differences
815
(45)
(112)
658
(64)
88
682
Unrecognized deductible temporary differences
(56)
3
49
(4)
(4)
Total recognized deductible temporary differences
759
(42)
(63)
654
(64)
88
678
Tax losses and tax credits
179
(15)
(1)
163
(4)
113
272
Unrecognized tax losses and tax credits
(44)
43
(34)
(35)
(8)
(72)
(115)
Total recognized tax losses and tax credits
135
28
(35)
128
(12)
41
157
Total net deferred tax asset position
894
(14)
(98)
782
(76)
129
835
Property, plant and equipment and intangible assets
(364)
(14)
(5)
(383)
49
(25)
(359)
Inventories
(111)
1
5
(105)
(8)
(12)
(125)
Other
(5)
(1)
(6)
(1)
(7)
Total deferred tax liabilities
(480)
(14)
(494)
40
(37)
(491)
Net deferred tax assets
414
(28)
(98)
288
(36)
92
344
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.
