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Deferred tax assets and liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of income tax [Abstract]  
Schedule of Deferred Tax Assets and Liabilities
Deferred tax assets and liabilities are attributable to the following:

 
December 31, 2019
 
December 31, 2018
 
Assets
 
Liabilities
 
Total
 
Assets
 
Liabilities
 
Total
 
€m
 
€m
 
€m
 
€m
 
€m
 
€m
Property, plant and equipment
23.0

 
(29.3
)
 
(6.3
)
 
15.6

 
(28.0
)
 
(12.4
)
Intangible assets
0.4

 
(357.0
)
 
(356.6
)
 
0.3

 
(354.4
)
 
(354.1
)
Employee benefits
40.2

 
(0.4
)
 
39.8

 
30.0

 
(0.4
)
 
29.6

Tax value of loss carry forwards
20.7

 

 
20.7

 
19.1

 

 
19.1

Derivative financial instruments
3.2

 
(0.3
)
 
2.9

 

 
(2.5
)
 
(2.5
)
Other
8.9

 
(11.2
)
 
(2.3
)
 
3.7

 
(6.8
)
 
(3.1
)
Tax assets/(liabilities)
96.4

 
(398.2
)
 
(301.8
)
 
68.7

 
(392.1
)
 
(323.4
)
Movement in deferred tax during the year:

 
Opening balance Jan 1, 2019
 
Recognized 
in Statement of Profit or Loss
 
Recognized
in Other
Comprehensive
Income
 
Movement
in foreign
exchange
 
Closing balance Dec 31, 2019
 
€m
 
€m
 
€m
 
€m
 
€m
Property, plant and equipment
(12.4
)
 
6.3

 

 
(0.2
)
 
(6.3
)
Intangible assets
(354.1
)
 
(2.5
)
 

 

 
(356.6
)
Employee benefits
29.6

 
3.5

 
6.7

 

 
39.8

Tax value of loss carry forwards
19.1

 
1.6

 

 

 
20.7

Derivative financial instruments
(2.5
)
 

 
5.6

 
(0.2
)
 
2.9

Other
(3.1
)
 
0.8

 

 

 
(2.3
)
Total deferred tax
(323.4
)
 
9.7

 
12.3

 
(0.4
)
 
(301.8
)