LensCrafters 2015 Annual Report Download - page 132

Notes to the consolidated financial statement as of December 31, 2015 Page 38 di 68
balances within the same tax jurisdiction, is as follows:
(in thousands of Euro)
Deferred tax assets
As of
January 1,
2014
Exchange
rate
difference
and other
movements
Business
combinations
Income
statements
Tax
charged/(credited)
to equity
As of
December 31,
2014
Inventories 101,899 13,337 893 8,991 — 125,120
Self-insurance reserves 11,819 1,547 — (485) — 12,881
Net operating loss carry-forwards 15,695 144 4,559 7,681 — 28,079
Rights of return 16,394 1,524 — 3,532 — 21,450
Deferred tax on derivatives — — — — — —
Employee-related reserves 54,032 (3,064) 141 (3,033) 34,282 82,358
Occupancy reserves 17,707 (1,720) — 547 — 16,534
Trade names 70,939 420 56 (3,987) — 67,429
Fixed assets 10,798 (223) 7 218 — 10,799
Other 55,437
(6,308) (4,521) 13,801 — 58,409
Total 354,720
5,657 1,135 27,265 34,282 423,059
(in thousands of Euro)
Deferred tax liabilities
As of
January 1,
2014
Exchange
rate
difference
and other
movements
Business
combinations
Income
statements
Tax
charged/(credited)
to equity
As of
December 31,
2014
Dividends 7,383 — — 5,517 — 12,899
Trade names 207,881 21,554 1,597 (14,858) — 216,175
Fixed assets 51,899 6,086 — 9,359 — 67,344
Other intangibles 158,830 23,485 (1) 5,832 — 188,147
Other 24,181
(16,124) 74 10,514 (1,455) 17,190
Total 450,175
35,001 1,670 16,364 (1,455) 501,755
(in thousands of Euro)
Deferred tax assets
As of
January 1,
2015
Exchange
rate
difference
and other
movements
Business
combinations
Income
statements
Tax
charged/(credited)
to equity
As of
December 31,
2015
Inventories 125,120 4,568 — 12,289 — 141,977
Self-insurance reserves 12,881 1,437 — (382) — 13,936
Net operating loss carry-forwards 28,079 (5,173) — 10,020 — 32,926
Rights of return 21,450 (782) — (899) — 19,769
Deferred tax on derivatives — — — — — —
Employee-related reserves 82,358 (4,635) — 6,910 6,456 91,089
Occupancy reserves 16,534 5,057 — 1,234 — 22,825
Trade names 67,429 11,468 — (6,826) — 72,071
Fixed assets 10,799 129 — (1,117) — 9,811
Other 58,409
(6,186) — (1,238) — 50,885
Total 423,059
5,883
—
19,991 6,456 455,388