ZaraAnnual-English2015

22 Non-controlling Interests
This item represents the subsidiaries net equity after deducting the Holding Company direct and indirect interests, through
its subsidiaries, in these subsidiaries.
23 Income Tax
Deferred tax liabilities
Deferred tax liabilities represent the estimated income tax on unrealized gain from financial assets at fair value through
other comprehensive income which appear in the cumulative change in fair value in equity.
Movements on deferred tax liabilities are as follows:
2015 2014
JD
JD
Beginning balance 149,245 204,448
Change for the year (36,978) (55,203)
Ending balance 112,267 149,245
Income tax
The income tax stated on the consolidated statement of profit or loss represents the following:
2015 2014
JD
JD
Current year income tax 628,875 642,603
Prior years income tax 19,286 130,174
648,161 772,777
Movements on the provision for income tax are as follows:
2015 2014
JD
JD
Beginning balance 582,194 362,709
Income tax for the year 628,875 642,603
Prior years income tax 19,286 130,174
Income tax paid (552,450) (553,292)
Ending balance 677,905 582,194
Annual Report 2015
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