Chrysler 2010 Annual Report Download - page 185

FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2010
NOTES
184
The totals of deductible and taxable temporary differences and accumulated tax losses at 31 December 2010, included in Continuing Operations, together
with the amounts for which deferred tax assets have not been recognised, analysed by year of expiry, are as follows:
Year of expiry
Total at Unlimited/
31 December Beyond indetermi-
(€ million) 2010 2011 2012 2013 2014 2014 nable
Temporary differences and tax losses relating
to State taxation (IRES in the case of Italy):
Deductible temporary differences 8,521 1,726 1,144 1,203 1,109 3,339 -
Taxable temporary differences (4,785) (1,533) (637) (566) (412) (1,637) -
Tax losses 8,854 1,237 398 193 352 1,774 4,900
Temporary differences and tax losses for which
deferred tax assets have not been recognised (7,354) (839) (616) (281) (519) (2,074) (3,025)
Temporary differences and tax losses relating to State taxation 5,236 591 289 549 530 1,402 1,875
Temporary differences and tax losses relating
to local taxation (IRAP in the case of Italy):
Deductible temporary differences 5,574 1,228 652 622 587 2,485 -
Taxable temporary differences (3,687) (805) (616) (609) (364) (1,293) -
Tax losses 907 12 10 10 11 274 590
Temporary differences and tax losses for which
deferred tax assets have not been recognised (1,012) (75) (8) 4 9 (343) (599)
Temporary differences and tax losses relating to local taxation 1,782 360 38 27 243 1,123 (9)
The totals of deductible and taxable temporary differences and accumulated tax losses at 31 December 2010, included in Discontinued Operations, together
with the amounts for which deferred tax assets have not been recognised, analysed by year of expiry, are as follows:
Year of expiry
Total at Unlimited/
31 December Beyond indetermi-
(€ million) 2010 2011 2012 2013 2014 2014 nable
Temporary differences and tax losses relating
to State taxation (IRES in the case of Italy):
Deductible temporary differences 4,877 2,202 340 341 298 1,696 -
Taxable temporary differences (2,046) (130) (471) (481) (413) (551) -
Tax losses 3,008 11 15 20 25 488 2,449
Temporary differences and tax losses for which
deferred tax assets have not been recognised (2,336) (972) (30) (30) (23) (449) (832)
Temporary differences and tax losses relating to State taxation 3,503 1,111 (146) (150) (113) 1,184 1,617
Temporary differences and tax losses relating
to local taxation (IRAP in the case of Italy):
Deductible temporary differences 1,150 269 118 116 107 540 -
Taxable temporary differences (142) (20) (17) (17) (17) (71) -
Tax losses 135 - - - - - 135
Temporary differences and tax losses for which
deferred tax assets have not been recognised (114) (11) (11) (11) (4) (65) (12)
Temporary differences and tax losses relating to local taxation 1,029 238 90 88 86 404 123