20 Deferred taxes
Deferred taxes
| 30.9.2009 | 30.9.2008 | ||||||||
| Euro 000s | Deferred tax assets | Deferred tax liabilities | Deferred tax assets | Deferred tax liabilities | |||||
| Intangible assets | 3 831 | – 15 237 | 3 743 | – 17 261 | |||||
| Property, plant and equipment, including investment property | 8 273 | – 131 197 | 2 804 | – 130 304 | |||||
| Inventories | 1 189 | – 362 | 1 708 | – 562 | |||||
| Special item | — | – 9 243 | — | – 7 997 | |||||
| Other assets and positive fair values of derivatives | 10 696 | – 304 249 | 929 | – 177 223 | |||||
| Provisions for pensions | 2 651 | — | 2 998 | — | |||||
| Non-current other provisions | 5 603 | – 235 | 10 067 | – 2 | |||||
| Current other provisions | 4 538 | – 17 740 | 3 194 | – 1 682 | |||||
| Liabilities and negative fair values of derivatives | 331 663 | – 11 674 | 131 441 | – 7 405 | |||||
| Losses carried forward | 1 887 | — | 2 816 | — | |||||
| Consolidation | — | – 895 | — | – 4 111 | |||||
| Deferred taxes (gross) | 370 331 | – 490 832 | 159 700 | – 346 547 | |||||
| Value adjustment | – 1 782 | — | – 221 | — | |||||
| Netting | – 356 558 | 356 558 | – 158 511 | 158 511 | |||||
| Deferred taxes (net) | 11 991 | – 134 274 | 968 | – 188 036 | |||||
Of the (net) deferred taxes presented above, Euro 8 869 thousand relate to current deferred tax assets and Euro 5 352 thousand to current deferred tax liabilities. In addition to the aforementioned deferred tax assets, the company also has tax claims relating to unutilised losses carried forward not eligible for imputation amounting to
Euro 24.4 million for corporate income tax (previous year: Euro 16.0 million) and to Euro 30.6 million for trade tax (previous year: Euro 17.7 million). Of these, Euro 0.3 million may only be used until 2014.
No deferred tax liabilities have been stated for temporary differences of
Euro 2 540 thousand (previous year: Euro 992 thousand) between the value of shareholdings in the tax balance sheet and their respective value in the consolidated financial statements, as such differences are unlikely to be reversed by means of dividend distributions or by disposal of the respective companies in the foreseeable future.
Deferred taxes amounting to Euro 2 202 thousand (previous year:
Euro – 3 150 thousand) were recognised directly in equity in the 2008/09 financial year. This corresponds to a year-on-year change of Euro – 5 352 thousand in the volume of deferred taxes recognised in equity (previous year: Euro 1 556 thousand).
