ZaraAnnual-English2016

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 gains from financial assets at fair value through
other comprehensive income which appear in the cumulative change in fair value in equity.
Movement on deferred tax liabilities is as follows:
2016 2015
JD
JD
Beginning balance 112,267 149,245
Change for the year 2,914 (36,978)
Ending balance 115,181 112,267
Income tax
The income tax stated on the consolidated statement of profit or loss represents the following:
2016 2015
JD
JD
Current year income tax 791,542 628,875
Prior years income tax - 19,286
Provision for income tax -
791,542 648,161
Movements on the provision for income tax are as follows:
2016 2015
JD
JD
Beginning balance 677,905 582,194
Income tax for the year 791,542 628,875
Prior years income tax - 19,286
Income tax paid (750,515) (552,450)
Ending balance 718,932 677,905
Annual Report 2016 89