19 Deferred income tax assets and liabilities
|
CHF thousand |
2024 |
2023 |
|
|
|
|
|
Deferred income tax assets 1.1. |
38,626 |
38,102 |
|
Deferred income tax liabilities 1.1. |
–20,924 |
–21,415 |
|
Net position 1.1. |
17,702 |
16,687 |
|
Recognition in the consolidated income statement |
–1,952 |
2,949 |
|
Additions/decrease from changes in consolidation |
–236 |
- |
|
Addition from Asset Acquisition |
–1,090 |
- |
|
Reclassifications |
–156 |
- |
|
Effect of currency translation |
549 |
–1,934 |
|
Net position |
14,817 |
17,702 |
|
|
|
|
|
Deferred income tax assets 31.12. |
37,203 |
38,626 |
|
|
|
|
|
Deferred income tax liabilities 31.12. |
–22,386 |
–20,924 |
The tax rates used to calculate deferred tax items are 14.8 per cent for Switzerland, 28.0 per cent for Italy, and 29.0 per cent for Germany.
Given that offsetting loss carryforwards against future earnings and offsetting interest carryforwards against future earnings for tax purposes involves uncertainty, deferred taxes on offsettable loss and interest carryforwards are not capitalised (see Note 14).
The addition from asset acquisition contains deferred tax liabilities from the acquisition of the Tre Rinnovabili S.r.l. power generation project (see Note 15).