XML 45 R31.htm IDEA: XBRL DOCUMENT

Deferred income for government grants

12 Months Ended

Dec. 31, 2020

Accruals And Deferred Income [Abstract]

24	Deferred income for government grants

Changes in the carrying amount of deferred income for government grants for the years ended December 31, 2020 and 2019 are analysed as follows:

	31/12/20			31/12/19
Balance at beginning of year		13,869			13,002
Additions		—			2,493
Reclassification to liabilities directly related to assets held for sale		(11	)		—
Credit to profit or loss		(1,400	)		(1,626	)
Balance at end of year		12,458			13,869

Government grants are related to benefits the Group obtained in 2019 and previous years from the Italian government as part of the incentive programs for under-industrialised regions in Southern Italy. They have been received to compensate the Group for the purchase of certain items of property, plant and equipment and for certain expenses mainly related to research projects. There are no unfulfilled conditions or contingencies attached to these grants. Deferred income for grants related to property, plant and equipment are credited to profit or loss on a straight-line basis over the expected lives of the related assets. Deferred income for grants related to expenses are credited to profit or loss in the periods in which the costs are recognised.