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Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

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14.4 Changes in deferred tax during the period<strong>30</strong>/6/11 <strong>30</strong>/6/101. Opening balance 282,662 316,2562. Additions 2,571 3,8292.1 Deferred tax origin<strong>at</strong>ing during period 2,571 3,095a) rel<strong>at</strong>ing to previous years 864 —b) due to changes in accounting policies — —c) others 1,707 3,0952.2 New taxes or incre<strong>as</strong>es in tax r<strong>at</strong>es — —2.3 Other additions — 7343. Reductions 14,532 37,4233.1 Deferred tax reversed during period 5,377 9,171a) recl<strong>as</strong>sific<strong>at</strong>ions 5,274 8,947b) due to changes in accounting policies — —c) others 103 2243.2 Reductions in tax r<strong>at</strong>es — —3.3 Other reductions 9,155 28,2524. Balance <strong>at</strong> end of period 270,701 282,662114 –

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