Chrysler 2014 Annual Report Download - page 189

2014 | ANNUAL REPORT 187
The significant components of Deferred tax assets and liabilities and their changes during the years ended December
31, 2014 and 2013 were as follows:
At January 1,
2014
Recognized in
Consolidated
income
statement
Charged
to equity
Changes in
the scope of
consolidation
Translation
differences
and other
changes
At
December 31,
2014
(€ million)
Deferred tax assets arising on:
Provisions 2,938 533 — 4 1,092 4,567
Provision for employee benefits 1,131 101 35 — 145 1,412
Intangible assets 343 (31) — — 16 328
Impairment of financial assets 191 (7) — — (10) 174
Inventories 261 41 — — 8 310
Allowances for doubtful accounts 110 — — — 1 111
Other 1,209 (947) 42 (4) 1,460 1,760
Total 6,183 (310) 77 — 2,712 8,662
Deferred tax liabilities arising on:
Accelerated depreciation (1,404) (80) — — (1,222) (2,706)
Capitalization of development costs (1,416) (155) — 2 (407) (1,976)
Other Intangible assets and
Intangible assets with indefinite
useful lives (640) 23 — 16 (695) (1,296)
Provision for employee benefits (20) 2 (2) — (1) (21)
Other (562) (56) 27 (16) (24) (631)
Total (4,042) (266) 25 2 (2,349) (6,630)
Deferred tax asset arising on tax loss
carry-forward 3,810 777 — — 109 4,696
Unrecognized deferred tax assets (3,326) (56) — (2) (30) (3,414)
Total net Deferred tax assets 2,625 145 102 — 442 3,314
At January 1,
2013
Recognized in
Consolidated
income
statement
Charged
to equity
Changes in
the scope of
consolidation
Translation
differences
and other
changes
At
December
31, 2013
(€ million)
Deferred tax assets arising on:
Provisions 2,922 368 — 3 (355) 2,938
Provision for employee benefits 1,022 137 18 — (46) 1,131
Intangible assets 381 (38) — 1 (1) 343
Impairment of financial assets 228 13 — — (50) 191
Inventories 264 (1) — 1 (3) 261
Allowances for doubtful accounts 90 18 — — 2 110
Other 1,456 (224) — 2 (25) 1,209
Total 6,363 273 18 7 (478) 6,183
Deferred tax liabilities arising on:
Accelerated depreciation (1,354) (128) — 1 77 (1,404)
Capitalization of development costs (1,211) (252) — — 47 (1,416)
Other Intangible assets and
Intangible assets with indefinite
useful lives (784) 48 — (17) 113 (640)
Provision for employee benefits (22) — — (1) 3 (20)
Other (527) 54 (23) (2) (64) (562)
Total (3,898) (278) (23) (19) 176 (4,042)
Deferred tax asset arising on tax loss
carry-forward 3,399 437 — 7 (33) 3,810
Unrecognized deferred tax assets (4,918) 1,138 217 — 237 (3,326)
Total net Deferred tax assets 946 1,570 212 (5) (98) 2,625