kontinuita - Komunálna Poisťovňa

NOTES TO
THE FINANCIAL
STATEMENTS
15. Trade and other payables
Year ended 31 December 2008 2007
Amounts due to related parties (Note 27) 2,504 4,892
Amounts due to the insured 33,864 47,078
Amounts due to brokers and intermediaries 33,075 49,311
Amounts due to reinsurers - 485
Trade payables 5,210 6,866
Leasing 2,820 2,203
Social security and other tax payables 1,660 2,732
Payables to employees 13,294 20,347
Deferred income 2,745 1,389
Other 2,000 -
Total 97,172 135,303
Current 95,789 133,727
Non-current 1,383 1,576
All liabilities for 2008 and 2007 are within due date.
16. Deferred income tax
Deferred income tax assets and liabilities are offset when there is a legal enforceable right to offset the current tax
asset against current tax liabilities, and when the deferred income taxes relate to the same tax authority.
The offset amounts are as follows:
Year ended 31 December 2008 2007
Deferred tax asset
- to be recovered after more than 12 month 20,701 2,300
- to be recovered within 12 months 16,065 9,705
Total 36,766 12,005
Movements in the deferred tax asset were as follows:
Year ended 31 December 2008 2007
Opening balance 12,005 1,188
Income recognized in the income statement (Note 24) 6,360 8,517
Tax posted to equity (Note 13) 18,401 2,300
Closing balance 36,766 12,005
KONTINUITA ANNUAL REPORT 159