AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

Once the services received and the corresponding increase in net equity have been recognized,
no additional adjustments will be made to net equity after the vesting date, without prejudice to
the corresponding reclassifications in net equity.
(ii)
Tax effect
In accordance with Spanish tax laws, share-based payments to employees are deductible for
profit tax purposes for the intrinsic value of the stock options at the time of exercise, thus giving
rise to a deductible temporary difference between the future deductible amount allowed by the tax
authorities and the book value of zero of the share-based payments. At the close of the financial
year, the Group estimates the future tax deduction based on the price of the shares at that time.
The amount of the tax deduction is recognized as current or deferred profit tax, with a balancing
entry in the income statement, recording any surplus in net equity accounts.
t) Environmental assets
Environmental assets are considered to be assets used on a lasting basis in the Group’s
operations whose main purpose is to minimize the impact on the environment and to protect and
enhance the environment, including the reduction or elimination of any future pollution.
The activities of the companies in the Amper Group, due to their nature, do not have a significant
impact on the environment.
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