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

13.6 Changes in deferred tax during the period 1 30/6/11 30/6/101. Opening balance 28,332 18,2232. Additions 26,318 21,7472.1 Deferred tax originating during period 24,598 21,747a) for previous years — —b) due to changes in accounting policies — —c) others 24,598 21,7472.2 New taxes or increases in tax rates 1,720 —2.3 Other additions — —3. Reductions 28,332 11,6383.1 Advance tax reversed during the period 28,332 11,638a) reclassifications 28,332 11,638b) due to changes in accounting policies — —c) others — —3.2 Reductions in tax rates — —3.3 Other reductions — —4. Balance at end of period 26,318 28,3321Taxes relating to cash flow hedges and AFS securities valuations.– 329