200
Prudently the group did not recognise deferred tax assets in the amount of 110.303 euros referring to fiscal
losses of 525.253 euros which may be deducted from future taxable income.
Balance of fiscal reports per year and utilisation limit ((after use on 31-12-2014) *
2015
(Reporte 2009)
2015 (2)
(Reporte 2011)
2017
(Reporte 2012)
2018
(Reporte 2013)
2026
(Reporte 2014)
Unlimited
(reporte
de 2006)
TOTAL
35.768
601.291
84.121
66.878
28.523
438.894
1.255.474
(*) Portuguese subsidiaries:
untill 2009 - 6 years
years 2010 and 2011 - 4 years
years 2012 and 2013 - 5 years
year 2014 - 12 years
Angolan subsidiaries: 3 years
Spanish subsidiaries: unlimited
For use in subsequent years there are 277.030 euros of tax benefits (CFEI) on December, 31
st
2014.
In the year 2014 changes in deferred tax were as follows:
Assets
Liabilities
Income and
loss account
(Note 26)
Starting balance
951.668
9.763.656
Temporary differences in the year
-390.205
-906.388
Tax rate change in the year
-30.045
-1.154.425
1.640.563
Closing balance
531.418
7.702.843
