TECHNICOLOR_REGISTRATION_DOCUMENT_2017
6 - FINANCIAL STATEMENTS
Notes to the consolidated financial statements
Source of deferred taxes 6.2.2.
2017 1,348
2016 1,578
(in million euros)
Tax losses carried forward
Tax effect of temporary differences related to: Property, plant and equipment
20 19
25 33
Goodwill
Intangible assets
(108)
(185)
Investments and other non-current assets
(3)
(9)
Inventories
10 15
10
Receivables and other current assets
3
Borrowings
121 56
200
Retirement benefit obligations
77
Restructuring provisions
2
6
Other provisions
21
31 78
Other liabilities current and non-current Total deferred tax on temporary differences Deferred tax assets / (liabilities) before netting Valuation allowances on deferred tax assets NET DEFERRED TAX ASSETS / (LIABILITIES)
44
197
269
1,545
1,847
(1,463)
(1,641)
82
206
Technicolor benefits from tax losses carried forward in countries These losses expire mainly after 2022 (€3,180 million) and arise where the Group still conduct business amount to €3,320 million. mainly from France (€1.7 billion) and United States (€1.4 billion).
212
TECHNICOLOR REGISTRATION DOCUMENT 2017
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