Carphone Warehouse 2016 Annual Report Download - page 116

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Notes to the Group financial statements
114
7 Tax continued
Analysis of deferred tax relating to items (charged) / credited to equity in the period
Year ended
30 April
2016
£million
13 months
2 May
2015
£million
Defined benefit pension schemes (13) 15
Share-based payments (7) 12
Other temporary differences (4) —
(24) 27
The Group has total unrecognised deferred tax assets relating to tax losses of £1,414 million (2014/15: £1,444 million). No
deferred tax asset has been recognised in respect of the losses due to the lack of certainty regarding the availability of future
taxable profits. The unrecognised tax losses may be carried forward indefinitely.
There were no temporary differences associated with undistributable earnings of subsidiaries for which deferred tax liabilities
had not been recognised at the end of either year.
00_DC 2016 Annual Report.pdf 114 11/07/2016 18:34