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Company Financial Statements as of December 31, 2015
Notes to the Company Financial Statements
Tax
Note 12
Unrecognized deferred taxes
CHANGE IN UNRECOGNIZED DEFERRED TAXES
December 31, 2014
Changes
December 31, 2015
Permanent and temporary differences
Assets
Liabilities
Assets
Liabilities
Assets
Liabilities
1 – Temporarily non-deductible expenses
Provisions for pension obligations
●
9
44
53
Provisions for impairment of receivables
●
Provisions for contingencies and charges
●
Other
●
4
4
2 – Temporarily non-taxable revenue
Capital gains on mergers and asset
●
contributions qualifying for rollover relief
346
346
TOTAL
13
346
44
57
346
BREAKDOWN OF NET INCOME AND CORRESPONDING TAX
Before tax
Tax
After tax
(in millions of euros)
Recurring income before profit-sharing
594
62
656
Non-recurring income
44
44
Group relief
131
131
BOOK INCOME
638
193
831
Subsequent events
Note 13
In December
2015, the Group exercised an option to extend a The operation has contributed to the ongoing strategy to secure the
2,500
million euros credit facility. The one-year extension, until
Group's long-term financing sources by extending the average
January
2021, became effective in January
2016. The Group retains an maturity of its facilities (from 3.7 to 4.4 years as of December
31,
option to extend the facility by a further year.
2015).
No other events have occurred since the year-end that would have a
material impact on the Company's financial statements.
2015 REGISTRATION DOCUMENT
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