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20
Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults
Parent Company summary financial statements
230
Worldline
2016 Registration Document
Tax
Note
16
Tax consolidation agreement
Worldline fiscal tax group presents indefinably usable loss carry forward which reach €
29 million at year end
Decrease and increase of the future tax charge ofWorldline taxed separately
At year end, decreases and increases of the future tax charge were broken down as follows:
(in €
thousand)
Basis Decrease
Basis Increase
Temporary differences
15,062
-
Total
15,062
-
No deferred tax assets or liabilities had been recognized.
BREAKDOWNBETWEENNET INCOMEONORDINARYACTIVITIESANDNON-RECURRING ITEMS
(in €
thousand)
Before tax Computed tax
Net amount
Net income on ordinary activities
-3,673
-3,673
Non recurring items, tax credit and employee participation
238,796
2,010
240,806
Total
235,123
2,010
237,133
with a withholding tax of €-0.3 million.
During the year, Worldline received a tax credit for the research tax credit for €
1.8 million, the tax consolidation bonus for € 0.6 million,
Off-balance sheet commitments
Note
17
COMMITMENTS GIVEN
(in €
thousand)
December 31, 2016
December 31, 2015
Other guarantees
2,900
2,900
Total
2,900
2,900
COMMITMENTS RECEIVED
(in €
thousand)
December 31, 2016
December 31, 2015
Bank guarantees
-
-
Other guarantees
498
498
Total
498
498