Výročná správa 2009 - Komunálna Poisťovňa

(All amount are in thousands of Euros, unless stated otherwise)Deferred income taxDeferred income tax assets and liabilities are offset when there is a legal enforceable right tooffset a current tax asset against current tax liabilities, and when the deferred income taxes relateto the same tax authority.The offset amounts are as follows:Year ended 31 December 2009 2008Deferred tax assets- to be recovered after more than 12 months 1,835 1,179- to be recovered within 12 months - -Deferred tax liabilities- to be recovered after more than 12 months (558) (165)- to be recovered within 12 months - -Total 1,277 1,014The movement on the deferred tax is as follows:Year ended 31 December 2009 2008Beginning of the year 1,014 689Business combination 929 -Expense (income) recognized in income statement (356) 192Tax (credited)/charged to ‘other comprehensive income’ (Note 14) (310) 44Exchange rate difference from translation to presentation currency - 89At the end of year 1,277 1,014The movement in deferred tax assets and liabilities during the year, without taking into considerationthe offset of balances within the same jurisdiction, is as follows:Deferred tax assetIBNRLoss carriedforwardValuationallowancesOtherTotalAt 1 January 2008 - - 832 23 255To ‘other comprehensive income’ - - - - -To income statement 453 - (278) 41 216Exchange rate difference fromtranslation to presentation18 - 85 5 108currencyAt 31 December 2008 471 - 639 69 1 179Business combination 19 375 503 49 946To ‘other comprehensive income’ - - - - -To income statement 332 375 (253) 6 (290)At 31 December 2009 822 - 889 124 1 835Ročná účtovná závierka a komentár I Company Accounts187