122 / 140
40
“Average period of payment to suppliers” is taken to be the period that elapses from the delivery
of the goods or the provision of the services by the supplier to the effective payment of the
transaction.
16.- Tax matters
16.1 Current tax receivables and tax payables
The detail of the current tax receivables and payables is as follows (in thousands of euros):
Tax receivables
2015
2014
To be settled in 2016:
22,539
13,314
Deferred tax assets
598
737
Tax loss carryforwards
18,954
7,187
Unused tax credits and tax relief
2,987
5,390
To be settled from 2017:
233,687
252,098
Deferred tax assets
9,407
12,034
Tax loss carryforwards
149,878
169,877
Unused tax credits and tax relief
74,402
70,188
Total non-current assets
256,226
265,413
Income tax refundable
2,308
1,248
2015 income tax refundable
4,485
968
VAT refundable
12
2,879
Other tax receivables
153
126
Total current assets
6,958
5,221
TOTAL TAX RECEIVABLE
263,184
270,637
Tax payables
2015
2014
Deferred tax liabilities
18,479
18,700
Total non-current liabilities
18,479
18,700
Short-term
-
Tax withholdings payable
4,864
3,056
Accrued social security taxes payable
745
689
VAT payable
5,100
-
Total current liabilities
10,709
3,745
TOTAL TAX PAYABLE
29,188
22,445
16.2 Reconciliation of the accounting profit to the taxable profit
Pursuant to Spanish Income Tax Law 43/1995, of 27 December, on 26 December 2000,
Atresmedia Corporación de Medios de Comunicación, S.A. notified the Madrid tax authorities of its
decision to file consolidated income tax returns. This application is considered indefinite provided
that the requirements established in the current Article 67 of the Consolidated Spanish Income Tax
Law are met and the Company does not opt to cease to apply the aforementioned regime.