The breakdown of “Deferred tax assets and liabilities” by type of temporary difference, is as follows:
|
(in thousands of euro) |
31.12.2010 |
31.12.2009 |
||
|
|
Amount of |
Tax |
Amount of |
Tax |
|
|
temporary |
effect |
temporary |
effect |
|
|
differences |
|
differences |
|
|
Deferred tax assets: |
|
|
|
|
|
Risk provisions and other |
-- |
-- |
2,789 |
767 |
|
Total deferred tax assets: |
|
-- |
|
767 |
The changes in “Deferred tax assets and liabilities” during the year were as follows:
|
|
Balance |
Utilization of deferred |
Deferred taxes |
Balance |
|
(in thousands of euro) |
at 31.12.2009 |
taxes from prior periods |
arising in period |
at 31.12.2010 |
|
Deferred tax assets: |
|
|
|
|
|
- in income statement |
767 |
(767) |
-- |
-- |
|
- in shareholders’ equity |
-- |
-- |
-- |
-- |
There are no prior losses for which the company has set aside deferred taxes.