The Group KD Group and KD Group dd

The Group KD Group Annual Report 2009
Notes to Consolidated Financial Statements as at and for the year ended 31 December 2009
The movement in deferred tax assets and liabilities during the year, without taking into consideration the offsetting of balances
within the same tax jurisdiction, was as follows:
Deferred tax liabilities
(in EUR)
Fair value
gains Other Total
As at 1 January 2008 11,400,456 65,800 11,466,256
Charged/(credited) to the income statement 347,199 (55,991) 291,208
Charged to equity (8,031,137) - (8,031,137)
Charged to equity – transfer to net profit (Note 16) (3,619,691) - (3,619,691)
Acquisition of subsidiaries - - -
Exchange differences 421 153 574
As at 31 December 2008 97,248 9,962 107,210
Charged /(credited) to the income statement (391,248) - (391,248)
Charged to equity – fair value reassessment 1,749,976 1,244 1,751,220
Charged to equity – transfer to net profit (Note 16) (75,305) (6,113) (81,418)
Acquisition of subsidiaries 32,633 - 32,633
Disposal of subsidiaries (27) - (27)
Exchange differences - - -
As at 31 December 2009 1,413,277 5,093 1,418,370
Deferred tax assets
(in EUR)
Employee
benefits
Impairment
losses Tax losses Other Total
As at 1 January 2008 614,959 4,251,798 4,062,197 9,416 8,938,370
Charged/(credited) to the income
statement (195,723) 8,130,829 3,515,832 60,261 11,511,199
Disposal of subsidiaries (7,726) (66,806) - - (74,532)
Exchange differences 1,164 15,868 (77,102) (60,070)
As at 31 December 2008 412,674 12,331,689 7,500,927 69,677 20,314,967
Charged/(credited) to the income
statement (153,072) (1,150,136) 10,735,085 (27,434) 9,404,443
Acquisition of subsidiaries 1,287 - - - 1,287
Disposal of subsidiaries - (8,031) - - (8,031)
Exchange differences - - (30,078) - (30,078)
As at 31 December 2009 260,889 11,173,522 18,205,934 42,243 29,682,588
The deferred tax charged to components of other comprehensive income during the year:
(in EUR) 31. 12. 2009 31. 12. 2008
Fair value reserves in shareholders’ equity
– Available-for-sale financial assets (1,655,662) 12,046,306
– Derivative financial instruments (14,140) -
(1,669,802) 12,046,306
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