25 Deferred taxes
|
in CHF thousands |
As at 1 January |
Amount recognised in the income statement |
Amount recognised in other comprehensive income * |
As at 31 December |
|
Deferred tax assets |
|
|
|
|
|
2019 |
|
|
|
|
|
Tax losses carried forward |
2'909 |
– 2'909 |
0 |
– 0 |
|
Recognised rights of use from leases |
0 |
36 |
– 1 |
36 |
|
Property and equipment |
4'178 |
198 |
– 42 |
4'334 |
|
Liability for pension plans |
14'332 |
– 937 |
279 |
13'675 |
|
Intangible assets |
123 |
– 107 |
– 4 |
13 |
|
Derivative financial instruments |
3'609 |
– 941 |
17 |
2'685 |
|
Expected credit losses |
2'351 |
– 1'008 |
– 85 |
1'258 |
|
Total deferred tax assets |
27'502 |
– 5'666 |
164 |
21'999 |
|
Offsetting |
|
|
|
– 6'461 |
|
Total after offsetting |
|
|
|
15'538 |
|
|
|
|
|
|
|
2020 |
|
|
|
|
|
Tax losses carried forward |
– 0 |
0 |
0 |
– 0 |
|
Recognised rights of use from leases |
36 |
25 |
0 |
61 |
|
Property and equipment |
4'334 |
– 254 |
0 |
4'080 |
|
Liability for pension plans |
13'675 |
– 337 |
– 869 |
12'469 |
|
Intangible assets |
13 |
– 13 |
0 |
– 0 |
|
Derivative financial instruments |
2'685 |
– 1'169 |
0 |
1'516 |
|
Expected credit losses |
1'258 |
– 557 |
4 |
705 |
|
Total deferred tax assets |
21'999 |
– 2'305 |
– 865 |
18'830 |
|
Offsetting |
|
|
|
– 7'346 |
|
Total after offsetting |
|
|
|
11'483 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax liabilities |
|
|
|
|
|
2019 |
|
|
|
|
|
Intangible assets |
22'021 |
– 2'481 |
– 964 |
18'576 |
|
Financial investments |
5'824 |
– 761 |
2'562 |
7'626 |
|
Property and equipment |
0 |
229 |
0 |
229 |
|
Provisions |
13'143 |
– 2'040 |
– 125 |
10'977 |
|
Total deferred tax liabilities |
40'988 |
– 5'054 |
1'473 |
37'407 |
|
Offsetting |
|
|
|
– 6'461 |
|
Total after offsetting |
|
|
|
30'946 |
|
|
|
|
|
|
|
2020 |
|
|
|
|
|
Intangible assets |
18'576 |
– 1'952 |
– 130 |
16'494 |
|
Financial investments |
7'626 |
– 608 |
1'850 |
8'869 |
|
Property and equipment |
229 |
– 229 |
0 |
0 |
|
Provisions |
10'977 |
0 |
0 |
10'977 |
|
Total deferred tax liabilities |
37'407 |
– 2'789 |
1'720 |
36'338 |
|
Offsetting |
|
|
|
– 7'346 |
|
Total after offsetting |
|
|
|
28'992 |
* Including insignificant currency effects
As per 31 December 2020, there were no temporary differences which were not reported as deferred taxes and which in future could be offset with potential tax allowances (previous year: CHF thousands 0). As per 31 December 2020, there were tax losses carried forward of CHF 98 million, which were not recognised as deferred tax assets (previous year: CHF 125 million). They expire within the next five years. In general, tax losses in Switzerland can be carried forward for seven years; in the Principality of Liechtenstein and Austria they can be carried forward for an unlimited period.