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13 Group financial statements 13.11 - 13.11
164 Annual Report 2010
Deferred tax assets and liabilities
Net deferred tax assets relate to the following balance sheet captions and tax loss carryforwards (including tax credit carryforwards), of which the movements
during the years 2010 and 2009, respectively are as follows:
December 31,
2009 recognized in
income recognized in equity acquisitions/
divestments other1)
December 31,
2010
Intangible assets (1,218) 97 − (3) (93) (1,217)
Property, plant and equipment 15 34 − − (9) 40
Inventories 193 44 − − 5 242
Prepaid pension assets (387) (75) 462 − (1) (1)
Other receivables 36 4 − − (2) 38
Other assets 118 (94) − − 4 28
Provisions:
- pensions 450 (58) 150 − 27 569
- guarantees 11 − − − − 11
- termination benefits 100 (34) − − 2 68
- other postretirement benefits 91 (7) (10) − 5 79
- other provisions 567 (71) 5 (1) 45 545
Other liabilities (29) 107 − − 4 82
Tax loss carryforwards (including
tax credit carryforwards) 766 (143) (1) 1 73 696
Net deferred tax assets 713 (196) 606 (3) 60 1,180
1) Primarily includes foreign currency translation differences which were recognized in equity
December 31,
2008 recognized in
income recognized in equity acquisitions/
divestments other1)
December 31,
2009
Intangible assets (1,298) 115 − (11) (24) (1,218)
Property, plant and equipment (146) 28 − 7 126 15
Inventories 147 33 − 4 9 193
Prepaid pension costs (510) (80) 160 − 43 (387)
Other receivables 41 2 − 14 (21) 36
Other assets 61 (20) (14) − 91 118
Provisions:
- pensions 432 (9) 8 − 19 450
- guarantees 9 1 − 1 − 11
- termination benefits 61 34 − − 5 100
- other postretirement benefits 108 (15) 10 − (12) 91
- other provisions 751 (111) 3 3 (79) 567
Other liabilities 76 1 − 1 (107) (29)
Tax loss carryforwards (including tax
credit carryforwards) 615 138 − 12 1 766
Net deferred tax assets 347 117 167 31 51 713
1) Primarily includes balance sheet changes amounting to EUR 46 million and foreign currency translation differences which were recognized in equity