ANNUAL REPORT 2016
18.2. DEFERRED TAX
Changes in deferred taxes in the period are:
Assets
Liabilities
Income and
loss account
(Note 28)
Starting balance
3,294,546
10,046,125
Temporary differences in the year
-600,095
-473,053
Changes in the consolidation perimeter
5,941,376
614,860
Deferred taxes write-off
-67,474
-
Tax rate change in the year (Spain)
-13,167
-
Closing balance
8,555,186
10,187,932
-207,683
18.2.1 Deferred tax assets
Deferred tax assets on December 31st 2016 and 2015, according to the temporary differences
that generate them, are broken down as follows:
Deferred tax assets
Dec. 2016
Dec. 2015
Reportable fiscal losses
1.359.554
122.890
Tangible fixed assets and intangible asset impairment losses (1)
4.520.447
3.019.368
Other temporary differences
2.675.185
152.288
8.555.186
3.294.546
(1) Amount related essentially to the value of the goodwill generated on the sale of a subsidiary in 2015, and other temporary differences, by the Eat Out
Group.
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