Chrysler 2015 Annual Report Download - page 174

174 2015 | ANNUAL REPORT
Consolidated
Financial Statements
Notes to the Consolidated
Financial Statements
The significant components of Deferred tax assets and liabilities and their changes during the years ended
December31, 2015 and 2014 were as follows:
At January 1,
2015
Recognized in
Consolidated
Income
Statement
Recognized
in Equity
Translation
differences
and other
changes
Transfer
to assets
held for
distribution
At December
31, 2015
(€ million)
Deferred tax assets arising on:
Provisions 4,567 1,330 — 230 (99) 6,028
Provision for employee benefits 1,412 360 12 371 (2) 2,153
Intangible assets 328 (78) — (1) — 249
Impairment of financial assets 174 (24) — 5 — 155
Inventories 310 (45) — 3 (25) 243
Allowances for doubtful accounts 111 (7) — (11) (6) 87
Other 1,760 (935) (16) (38) (80) 691
Total 8,662 601 (4) 559 (212) 9,606
Deferred tax liabilities arising on:
Accelerated depreciation (2,706) 195 — (248) 13 (2,746)
Capitalization of development costs (1,976) (179) — (297) 76 (2,376)
Other Intangible assets and Intangible
assets with indefinite useful lives (1,296) 42 — (173) — (1,427)
Provision for employee benefits (21) 5 (215) 215 2 (14)
Other (631) 222 (34) 32 21 (390)
Total (6,630) 285 (249) (471) 112 (6,953)
Deferred tax asset arising on tax loss
carry-forwards 4,696 (778) — (194) (7) 3,717
Unrecognized deferred tax assets (3,414) 197 1 30 3 (3,183)
Total Net deferred tax assets 3,314 305 (252) (76) (104) 3,187
At January1,
2014
Recognized in
Consolidated
Income
Statement
Recognized
in 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