Half-yearly financial Report at June 30, 2013 - A2A

Half-yearly financial report at June 30, 2013Notes to the balance sheetThe item consists of the net balance of IRES and IRAP deferred tax assets and liabilities arisingfrom changes and accruals made solely for fiscal purposes.The balance for deferred tax assets/liabilities at June 30, 2013 is presented net, after offsettingin accordance with IAS 12.The main balances for deferred tax assets and liabilities are set out in the following table.Detail of deferred tax Consolid- Accruals Utili- TOTAL IAS 39 IAS 19 Other Deferred Consolidassetsand liabilities ated (A) zations (A+B+C) to equity Revised changes tax assets atedfinancial (B) to equity /reclass/ and financialstatements mergers liabilities statementsat 12 31 2012 relating to atassets held 06 30 2013for saleDeferred tax liabilitiesMeasurement differences fortangible assets 1,095 (30) (30) (1) 3 1,067Application of the leasing standard(IAS 17) 8 8Application of the financialinstrument standard (IAS 39) – 1 1Measurement differences forintangible assets 2 2Employee leaving entitlement 3 3Goodwill 94 94Other deferred tax liabilities 69 (1) (1) 68Total deferred taxliabilities (A) 1,271 – (31) (31) 1 – (1) 3 1,243Deferred tax assetsTaxed risk provisions 91 9 (10) (1) 90Measurement differences fortangible assets 817 7 (22) (15) 802Application of the financialinstrument standard (IAS 39) 17 7 (4) 20Bad debt provision 34 3 (1) 2 36Grants 17 1 1 18Goodwill 487 (27) (27) 460Other deferred tax assets 77 6 (8) (2) (1) 4 78Total deferred taxassets (B) 1,540 27 (69) (42) 7 (1) – – 1,504NET DEFERRED TAXASSETS/LIABILITIES (B-A) 269 26175