Notes to the consolidated financial statements
93
10 Income taxes (continued)
Income taxes on discontinued operations
Deferred income tax
-
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
Current and deferred income tax related to discontinued operations amounted to a €1 million expense in 2015 and a €30 million benefit in 2014 and has been included within the result from discontinued operations.
The 2015 and 2014 current and deferred tax movements on discontinued operations are mainly related to the U.S. For further information, see Notes 5 and 34.
The significant components and annual movements of deferred income tax assets and liabilities as of January 3, 2016, and December 28, 2014, are as follows:
million
December 29,
2013
Recognized in
income statement
Other
December 28,
2014
Recognized in
income statement
Other
January 3,
2016
Leases and financings
223
1
37
261
(7)
33
287
Pensions and other post-employment benefits
210
(27)
35
218
(5)
53
266
Provisions
155
(26)
(11)
118
(9)
42
151
Derivatives and loans
15
4
15
34
(3)
31
Interest
27
(11)
2
18
(6)
2
14
Other
28
(5)
10
33
(4)
29
Total gross deductible temporary differences
658
(64)
88
682
(27)
123
778
Unrecognized deductible temporary differences
(4)
(4)
(4)
Total recognized deductible temporary differences
654
(64)
88
678
(27)
123
774
Tax losses and tax credits 163 (4) 113 272 (19) 30 283
Unrecognized tax losses and tax credits
(35)
(8)
(72)
(115)
17
(13)
(111)
Total recognized tax losses and tax credits
128
(12)
41
157
(2)
17
172
Total net deferred tax asset position
782
(76)
129
835
(29)
140
946
Property, plant and equipment and intangible assets (383) 49 (25) (359) 92 (17) (284)
Inventories
(105)
(8)
(12)
(125)
(2)
(17)
(144)
Other
(6)
(1)
(7)
6
1
Total deferred tax liabilities
(494)
40
(37)
(491)
96
(33)
(428)
Net deferred tax assets
288
(36)
92
344
67
107
518
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.
