25 Deferred taxes
Download |
in CHF thousands |
As at 1 January |
Amount recognised in the income statement |
Amount recognised in other comprehensive income |
Change from additions and disposals to the scope of consolidation |
As at 31 December |
|||||
---|---|---|---|---|---|---|---|---|---|---|
Deferred tax assets |
|
|
|
|
|
|||||
2016 |
|
|
|
|
|
|||||
Tax losses carried forward |
1'256 |
29 |
145 |
0 |
1'430 |
|||||
Property and equipment |
4'081 |
−533 |
0 |
0 |
3'548 |
|||||
Liability for pension plans |
13'463 |
860 |
1'935 |
0 |
16'258 |
|||||
Intangible assets |
0 |
126 |
0 |
0 |
126 |
|||||
Derivative financial instruments |
4'869 |
2'091 |
0 |
0 |
6'960 |
|||||
Total |
23'669 |
2'573 |
2'080 |
0 |
28'322 |
|||||
Offsetting |
|
|
|
|
−9'513 |
|||||
Total after offsetting |
|
|
|
|
18'809 |
|||||
|
|
|
|
|
|
|||||
2017 |
|
|
|
|
|
|||||
Tax losses carried forward |
1'430 |
0 |
−72 |
0 |
1'359 |
|||||
Property and equipment |
3'548 |
77 |
0 |
0 |
3'625 |
|||||
Liability for pension plans |
16'258 |
340 |
−2'875 |
0 |
13'724 |
|||||
Intangible assets |
126 |
−126 |
0 |
0 |
0 |
|||||
Derivative financial instruments |
6'960 |
−2'069 |
0 |
0 |
4'891 |
|||||
Total deferred tax assets |
28'322 |
−1'778 |
−2'947 |
0 |
23'599 |
|||||
Offsetting |
|
|
|
|
−10'956 |
|||||
Total after offsetting |
|
|
|
|
12'642 |
|||||
|
|
|
|
|
|
|||||
Deferred tax liabilities |
|
|
|
|
|
|||||
2016 |
|
|
|
|
|
|||||
Credit loss (expense) / recovery |
17 |
−17 |
0 |
0 |
0 |
|||||
Intangible assets |
4'580 |
−739 |
0 |
0 |
3'841 |
|||||
Property |
949 |
−949 |
24 |
0 |
24 |
|||||
Financial investments |
9'289 |
−2'649 |
514 |
0 |
7'154 |
|||||
Provisions |
6'782 |
5'458 |
0 |
0 |
12'240 |
|||||
Total deferred tax liabilities |
21'617 |
1'103 |
538 |
0 |
23'258 |
|||||
Offsetting |
|
|
|
|
−9'513 |
|||||
Total after offsetting |
|
|
|
|
13'745 |
|||||
|
|
|
|
|
|
|||||
2017 |
|
|
|
|
|
|||||
Credit loss (expense) / recovery |
0 |
0 |
0 |
0 |
0 |
|||||
Intangible assets |
3'841 |
−744 |
0 |
0 |
3'097 |
|||||
Property |
24 |
0 |
−24 |
0 |
0 |
|||||
Financial investments |
7'154 |
3'063 |
−125 |
0 |
10'091 |
|||||
Provisions |
12'240 |
0 |
0 |
0 |
12'240 |
|||||
Total deferred tax liabilities |
23'258 |
2'319 |
−149 |
0 |
25'428 |
|||||
Offsetting |
|
|
|
|
−10'956 |
|||||
Total after offsetting |
|
|
|
|
14'472 |
As at 31 December 2017, there existed temporary differences of CHF thousands 2’365 which were not booked as deferred taxes and which in future could be offset with potential tax allowances (previous year: CHF thousands 3’406).
The tax losses which were not recognised as deferred tax assets as at 31 December 2017 expire as follows:
Download |
in CHF thousands |
31.12.2017 |
31.12.2016 |
+/– % |
|||
---|---|---|---|---|---|---|
Within 1 year |
0 |
0 |
|
|||
Within 2 to 5 years |
0 |
0 |
|
|||
Within 6 to 7 years |
0 |
0 |
|
|||
No expiry |
2'365 |
3'406 |
−30.6 |
|||
Total |
2'365 |
3'406 |
−30.6 |
In general, tax losses in Switzerland can be carried forward for seven years; in the Principality of Liechtenstein and Austria, they can be carried forward for an unlimited period.