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IFRS Disclosure Guide

50. Notes - Income taxes

Disclosure of income tax


Major components of tax expense (income)

 Year 2017
Current tax expense (income) and adjustments for current tax of prior periods 
Current tax expense (income) 
Adjustments for current tax of prior periods 
Total current tax expense (income) and adjustments for current tax of prior periods{"CurrentTaxExpenseIncome":"1","AdjustmentsForCurrentTaxOfPriorPeriod":"1"}real[] 
Deferred tax expense (income) relating to origination and reversal of temporary differences 
Deferred tax expense (income) relating to tax rate changes or imposition of new taxes 
Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce current tax expense 
Tax benefit arising from previously unrecognised tax loss, tax credit or temporary difference of prior period used to reduce deferred tax expense 
Deferred tax expense arising from write-down or reversal of write-down of deferred tax asset 
Tax expense (income) relating to changes in accounting policies and errors included in profit or loss 
Adjustments for deferred tax of prior periods 
Other components of deferred tax expense (income) 
Total tax expense (income){"CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods":"1","DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences":"1","DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes":"1","TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceCurrentTaxExpense":"-1","TaxBenefitArisingFromPreviouslyUnrecognisedTaxLossTaxCreditOrTemporaryDifferenceOfPriorPeriodUsedToReduceDeferredTaxExpense":"-1","DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset":"1","TaxExpenseIncomeRelatingToChangesInAccountingPoliciesAndErrorsIncludedInProfitOrLoss":"1","AdjustmentsForDeferredTaxOfPriorPeriods":"1","OtherComponentsOfDeferredTaxExpenseIncome":"1"}real["CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriods"] 

Current and deferred tax relating to items charged or credited directly to equity

 Year 2017
Current tax relating to items credited (charged) directly to equity 
Deferred tax relating to items credited (charged) directly to equity 
Aggregate current and deferred tax relating to items credited (charged) directly to equity{"CurrentTaxRelatingToItemsChargedOrCreditedDirectlyToEquity":"1","DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity":"1"}real[] 

Income tax relating to components of other comprehensive income

 Year 2017
Income tax relating to exchange differences on translation of other comprehensive income 
Income tax relating to available-for-sale financial assets of other comprehensive income 
Income tax relating to cash flow hedges of other comprehensive income 
Income tax relating to changes in revaluation surplus of other comprehensive income 
Income tax relating to remeasurements of defined benefit plans of other comprehensive income 
Income tax relating to investments in equity instruments of other comprehensive income 
Income tax relating to hedges of net investments in foreign operations of other comprehensive income 
Income tax relating to changes in fair value of financial liability attributable to change in credit risk of liability of other comprehensive income 
Income tax relating to hedges of investments in equity instruments of other comprehensive income 
Income tax relating to change in value of time value of options of other comprehensive income 
Income tax relating to change in value of forward elements of forward contracts of other comprehensive income 
Income tax relating to change in value of foreign currency basis spreads of other comprehensive income 
Income tax relating to financial assets measured at fair value through other comprehensive income 
Aggregated income tax relating to components of other comprehensive income{"IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToAvailableforsaleFinancialAssetsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToChangesInRevaluationSurplusOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToHedgesOfNetInvestmentsInForeignOperationsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToChangesInFairValueOfFinancialLiabilityAttributableToChangeInCreditRiskOfLiabilityOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToChangeInValueOfTimeValueOfOptionsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToChangeInValueOfForwardElementsOfForwardContractsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToChangeInValueOfForeignCurrencyBasisSpreadsOfOtherComprehensiveIncome":"1","IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome":"1"}real[] 
 Year 201731.12.2017
Income tax relating to share of other comprehensive income of associates and joint ventures accounted for using equity method  
Tax expense of discontinued operation  
Tax expense relating to gain (loss) on discontinuance  
Tax expense relating to profit (loss) from ordinary activities of discontinued operations  
Deductible temporary differences for which no deferred tax asset is recognised  
Unused tax losses for which no deferred tax asset recognised  
Unused tax credits for which no deferred tax asset recognised  
Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised  
Explanation of changes in applicable tax rates to previous accounting period
Description of expiry date of deductible temporary differences, unused tax losses and unused tax credits

Disclosure of temporary difference, unused tax losses and unused tax credits
 
Temporary difference, unused tax losses and unused tax creditsnone
Temporary differencesnoneUnused tax lossesnoneUnused tax creditsnone
Allowance for credit lossesnoneUnrealised foreign exchange gains (losses)noneOther temporary differencesnone
At 31.12.2017: 
Deferred tax assets and liabilities 
Deferred tax assets     
Deferred tax liabilities     
Deferred tax liability (asset){"DeferredTaxAssets":"-1","DeferredTaxLiabilities":"1"}real[]     
Net deferred tax assets and liabilities 
Net deferred tax assets     
Net deferred tax liabilities     
For the year 2017: 
Deferred tax expense (income) 
Deferred tax expense (income)     
Deferred tax expense (income) recognised in profit or loss     
Reconciliation of changes in deferred tax liability (asset) 
Changes in deferred tax liability (asset) 
Deferred tax expense (income) recognised in profit or loss     
Deferred tax relating to items credited (charged) directly to equity     
Increase (decrease) through business combinations, deferred tax liability (asset)     
Increase (decrease) through loss of control of subsidiary, deferred tax liability (asset)     
Increase (decrease) through net exchange differences, deferred tax liability (asset)     
Income tax relating to components of other comprehensive income     
Total increase (decrease) in deferred tax liability (asset){"DeferredTaxExpenseIncomeRecognisedInProfitOrLoss":"1","DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity":"1","IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome":"1","IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset":"1","IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset":"1","IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset":"1"}real[]     
At 31.12.2017: 
Deferred tax liability (asset)     
 Year 201731.12.2017
Income tax consequences of dividends proposed or declared before financial statements authorised for issue not recognised as liability  
Increase (decrease) in amount recognised for pre-acquisition deferred tax asset  
Deferred tax asset when utilisation is dependent on future taxable profits in excess of profits from reversal of taxable temporary differences and entity has suffered loss in jurisdiction to which deferred tax asset relates  

Reconciliation of accounting profit multiplied by applicable tax rates

 Year 2017
Accounting profit 
Tax expense (income) at applicable tax rate 
Tax effect of revenues exempt from taxation 
Tax effect of expense not deductible in determining taxable profit (tax loss) 
Tax effect of impairment of goodwill 
Tax effect of tax losses 
Tax effect of foreign tax rates 
Tax effect from change in tax rate 
Other tax effects for reconciliation between accounting profit and tax expense (income) 
Total tax expense (income){"TaxExpenseIncomeAtApplicableTaxRate":"1","TaxEffectOfRevenuesExemptFromTaxation2011":"-1","TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss":"1","TaxEffectOfImpairmentOfGoodwill":"1","TaxEffectOfTaxLosses":"1","TaxEffectOfForeignTaxRates":"1","TaxEffectFromChangeInTaxRate":"1","OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome":"1"}real[] 

Reconciliation of average effective tax rate and applicable tax rate

 Year 2017
Accounting profit 
Applicable tax rateX.X%
Tax rate effect of revenues exempt from taxationX.X%
Tax rate effect of expense not deductible in determining taxable profit (tax loss)X.X%
Tax rate effect of impairment of goodwillX.X%
Tax rate effect of tax lossesX.X%
Tax rate effect of foreign tax ratesX.X%
Tax rate effect from change in tax rateX.X%
Tax rate effect of adjustments for current tax of prior periodsX.X%
Other tax rate effects for reconciliation between accounting profit and tax expense (income)X.X%
Total average effective tax rate{"ApplicableTaxRate":"1","TaxRateEffectOfRevenuesExemptFromTaxation":"-1","TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss":"1","TaxRateEffectOfImpairmentOfGoodwill":"1","TaxRateEffectOfTaxLosses":"1","TaxRateEffectOfForeignTaxRates":"1","TaxRateEffectFromChangeInTaxRate":"1","TaxRateEffectOfAdjustmentsForCurrentTaxOfPriorPeriods":"1","OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome":"1"}real[]X.X%
Description of event or change in circumstances that caused recognition of deferred tax benefits acquired in business combination after acquisition date
Description of evidence supporting recognition of deferred tax asset when utilisation is dependent on future taxable profits in excess of profits from reversal of taxable temporary differences and entity has suffered loss in jurisdiction to which deferred tax asset relates
Description of nature of potential income tax consequences that would result from payment of dividend
Description of amounts of potential income tax consequences practicably determinable
Description of whether there are potential income tax consequences not practicably determinable

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