135 / 148
332 thousand deduction for international double taxation and EUR 85 thousand deduction for
donation to Nonprofit Organizations.
16.6 Deferred tax liabilities recognised
The detail of “Deferred Tax Liabilities" and of the changes therein is as follows:
DEFERRED TAX LIABILITIES
2012 Additions Disposals
2013 AdditionsDisposals
Tax
Effect
2013
Tax effect of identification of intangible assets 22,886
-
(237)
22,649
-
(237) (3,712) 18,700
Total
22,886
-
(237)
22,649
-
(237) (3,712) 18,700
In accordance with income tax recognition and measurement standard number 13, the
Company will recognise the deferred tax liabilities relating to goodwill provided that these do
not arise on the initial recognition thereof.
The deferred tax liabilities relate to the identification of the "La Sexta" brand and signal
transmission licence. The brand is amortised for accounting purposes at an annual rate of 5%
(amortisation charge for 2013: EUR 792 thousand), while the licence is not amortised.
The amortisation is not deductible for tax purposes and, therefore, gives rise to a positive
adjustment to the taxable profit (tax loss) which is recognised as a deferred tax liability.
16.7 Years open for review and tax audits
Under current legislation, taxes cannot be deemed to have been definitively settled until the
tax returns filed have been reviewed by the tax authorities or until the four-year statute-of-
limitations period has expired. At 31 December 2014, the Company had open for review for
income tax since 2010.
The Company's directors consider that the tax returns for the aforementioned taxes have been
filed correctly and, therefore, even in the event of discrepancies in the interpretation of
current tax legislation in relation to the tax treatment afforded to certain transactions, such
liabilities as might arise would not have a material effect on the accompanying financial
statements.
16.8. Other disclosures
In 2009 the Company acquired non-current assets as required under the terms established in
Article 36.ter of the Spanish Corporation Tax Law as amended in Law 24/2001, for the
reinvestment of the extraordinary income obtained by Gloway Broadcasting Services, S.L., in
compliance with the requirement of Article 42.
The Company used these tax credits in 2011.
These non-current assets continue to be used and are held in the equity of Atresmedia
Corporación de Medios de Comunicación, S.A., as set out in the 42.8 Decree of RDL 4/2004
Tax Law.
17.- Foreign currency balances and transactions
The detail of the most significant balances and transactions in foreign currency, valued at the
year-end exchange rate and the average exchange rates for the year, respectively, is as
follows (in thousands of euros):