XML 185 R63.htm IDEA: XBRL DOCUMENT v3.20.1
Deferred tax assets and liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Summary of Recognized Deferred Tax Assets and Liabilities
Deferred tax assets and liabilities at 31 December 2019 and 2018 are attributable to the following:
 
  
Assets
  
Liabilities
  
Net
 
  
2019
  
2018
  
2019
  
2018
  
2019
  
2018
 
Property, plant and equipment and intangible assets
  145,242   106,128   (1,915,567  (936,167  (1,770,325  (830,039
Investment
  32,926   32,926   —     —     32,926   32,926 
Derivative instruments
  24,303   15,380   (349,797  (429,162  (325,494  (413,782
Reserve for employee termination benefits and provisions
  167,589   155,132   (36,289  (45,581  131,300   109,551 
Tax losses carried forward
  258,040   224,179   —     —     258,040   224,179 
Tax allowances
  59,176   20,554   —     —     59,176   20,554 
Other assets and liabilities (*)
  668,327   248,251   (30,238  (101,268  638,089   146,983 
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
Deferred tax assets/(liabilities)
 
 
1,355,603
 
 
 
802,550
 
 
 
(2,331,891
 
 
(1,512,178
 
 
(976,288
 
 
(709,628
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
Offsetting
  (1,166,261  (649,818  1,166,261   649,818   —     —   
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
Net deferred tax assets/(liabilities)
 
 
189,342
 
 
 
152,732
 
 
 
(1,165,630
 
 
(862,360
 
 
(976,288
 
 
(709,628
 
 
 
  
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
 
 
(*)
Mainly comprises of loans, bonds, prepaid expenses and lease liabilities deferred tax assets.
Summary of Movement in Temporary Differences
Movement in deferred tax assets/ (liabilities) for the years ended 31 December 2019 and 2018 were as follows:
 
   
2019
   
2018
 
Opening balance
  
 
(709,628
  
 
(555,062
IFRS 9 and 15 effects
   —      (141,213
Income statement charge
   (215,121   159,472 
Tax charge relating to components of other comprehensive income
   (48,723   (157,203
Prior year corporate tax base differences
   —      (8,608
Exchange differences
   (2,816   (7,014
  
 
 
   
 
 
 
Closing balance, net
  
 
(976,288
  
 
(709,628
  
 
 
   
 
 
 
Summary of Expiration of Unrecognized Tax Losses
Unused tax losses will expire at the following dates:
 
Expiration Date
  
Amount
 
2020
   297 
2021
   220,895 
2022
   135,055 
2023
   204,933 
2024
   346,592 
2025
   1,201,315 
2026
   51,353 
2027
   579,546 
2028
   169,906 
Indefinite
   3,678,831 
  
 
 
 
Total
  
 
6,588,723