14.1 Deferred tax assets: composition

The main areas of deferred tax assets are set out below:

Deferred tax assets

Total

Total

31.12.2010

31.12.2009

Available for sale securities

2,680

-

Due from customers

6,896

4,668

Others

355

260

Total

9,931

4,928

14.2 Deferred tax liabilities: composition

The main areas of deferred tax liabilities are shown below:

Deferred tax liabilities

Total

Total

31.12.2010

31.12.2009

Property, plant and equipment and investment property

2,627

2,627

Due from customers

1,231

290

Available for sale securities

-

220

Others

39

59

Total

3,897

3,196

14.3 Changes in deferred tax assets (as a balancing entry in equity)

 

31.12.2010

31.12.2009

1 Opening balance

4,929

1,763

2 Increases

2,710

3,534

2.1 Deferred tax assets recognised in the current year

2,710

3,534

a) Relative to previous years

 

 

b) due to the change in accounting standards

 

 

c) Reversals of impairment losses

 

 

d) Other

2,710

3,534

2.2 New taxes or increases in tax rates

-

-

2.3 Other increases

-

-

3 Decreases

388

369

3.1 Deferred tax assets reversed during the year

388

369

a) reversals

388

314

b) impairment losses due to unrecoverability

 

 

c) due to change in accounting standard

 

 

d) Other

-

55

3.2 Reductions in tax rates

-

-

3.3 Other reductions

-

-

4 Closing balance

7,251

4,928

14.4 Changes in deferred tax liabilities (as a balancing entry in equity)

 

31.12.2010

31.12.2009

1. Opening balance

2,976

2,891

2. Increases

1,220

517

2.1 Deferred tax liabilities recognised in the year

1,220

517

a) Relative to previous years

-

501

b) due to the change in accounting standards

 

 

c) other

1,220

16

2.2 New taxes or increases in tax rates

-

-

2.3 Other increases

-

-

3. Decreases

299

432

3.1 Deferred tax liabilities reversed during the year

32

387

a) reversals

32

387

b) due to the change in accounting standards

 

 

c) other

 

 

3.2 Reductions in tax rates

-

-

3.3 Other reductions

267

45

4. Closing balance

3,897

2,976

14.5 Changes in deferred tax assets (as a balancing entry in equity)

 

31.12.2010

31.12.2009

1. Opening balance

-

45

2. Increases

2,680

-

2.1 Deferred tax assets recognised in the year

2,680

-

a) Relative to previous years

 

 

b) due to the change in accounting standards

 

 

c) other

2,680

-

2.2 New taxes or increases in tax rates

-

-

2.3 Other increases

-

-

3. Decreases

-

45

3.1 Deferred tax assets reversed during the year

-

45

a) reversals

-

39

b) impairment losses due to unrecoverability

 

 

c) due to change in accounting standards

 

 

d)Other

-

6

3.2 Reductions in tax rates

-

-

3.3 Other reductions

-

-

4. Closing balance

2,680

-

14.6 Changes in deferred tax liabilities (as a balancing entry in equity)

 

31.12.2010

31.12.2009

1. Opening balance

220

52

2. Increases

-

168

2.1 Deferred tax liabilities recognised in the year

-

168

a) Relative to previous years

-

157

b) Due to the change in accounting standards

 

 

c) Other

-

11

2.2 New taxes or increases in tax rates

-

-

2.3 Other increases

-

-

3. Decreases

220

-

3.1 Deferred tax liabilities reversed during the year

-

-

a) Reversals

 

 

b) Due to the change in accounting standards

 

 

c) Other

 

 

3.2 Reductions in tax rates

-

-

3.3 Other reductions

220

-

4. Closing balance

-

220