annual report - FIAT SpA

Total at
Year of expiry
Unlimited/
Beyond indetermi-
(€ million)
Temporary differences and tax losses relating
to State taxation (IRES in the case of Italy):
31 December 2010 2011 2012 2013 2014 2014 nable
Deductible temporary differences 8,521 1,726 1,144 1,203 1,109 3,339 -
Taxable temporary differences (4,785) (1,533) (637) (566) (412) (1,637) -
Tax losses
Temporary differences and tax losses for which
8,854 1,237 398 193 352 1,774 4,900
deferred tax assets have not been recognised
Temporary differences and tax losses relating
(7,354) (839) (616) (281) (519) (2,074) (3,025)
to State taxation 5,236 591 289 549 530 1,402 1,875
Temporary differences and tax losses relating
to local taxation (IRAP in the case of Italy):
Deductible temporary differences 5,574 1,228 652 622 587 2,485 -
Taxable temporary differences (3,687) (805) (616) (609) (364) (1,293) -
Tax losses
Temporary differences and tax losses for which
907 12 10 10 11 274 590
deferred tax assets have not been recognised
Temporary differences and tax losses relating
(1,012) (75) (8) 4 9 (343) (599)
to local taxation 1,782 360 38 27 243 1,123 (9)
The totals of deductible and taxable temporary differences and accumulated tax losses at 31 December 2010,
included in Discontinued Operations, together with the amounts for which deferred tax assets have not been
recognised, analysed by year of expiry, are as follows:
Total at
Year of expiry
Unlimited/
Beyond indetermi-
(€ million)
Temporary differences and tax losses relating
to State taxation (IRES in the case of Italy):
31 December 2010 2011 2012 2013 2014 2014 nable
Deductible temporary differences 4,877 2,202 340 341 298 1,696 -
Taxable temporary differences (2,046) (130) (471) (481) (413) (551) -
Tax losses
Temporary differences and tax losses for which
3,008 11 15 20 25 488 2,449
deferred tax assets have not been recognised
Temporary differences and tax losses relating
(2,336) (972) (30) (30) (23) (449) (832)
to State taxation 3,503 1,111 (146) (150) (113) 1,184 1,617
Temporary differences and tax losses relating
to local taxation (IRAP in the case of Italy):
Deductible temporary differences 1,150 269 118 116 107 540 -
Taxable temporary differences (142) (20) (17) (17) (17) (71) -
Tax losses
Temporary differences and tax losses for which
135 - - - - - 135
deferred tax assets have not been recognised
Temporary differences and tax losses relating
(114) (11) (11) (11) (4) (65) (12)
to local taxation 1,029 238 90 88 86 404 123
Fiat Group Consolidated Financial Statements at 31 December 2010 143