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162
MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
Balance at
31/12/11
Balance at
31/12/10
Deferred tax liabilities
5,305
-
Value added tax liability
5,605
10,490
Personal income tax withholdings
3,384
3,761
Payable to Social Security
1,519
1,880
Other public entities,
4,791
20,361
Payable to tax authorities
15,299
36,492
Balance at
31/12/11
Balance at
31/12/10
Deferred Tax Assets
158,125
160,050
Income Tax receivable
12,145
1,328
VAT receivable
84
101
Other tax receivables
354
19
Receivable from tax authorities
738
120
As a result of Law 8/2009 on the Financing of Radio Televisión Española and the definitive procedure for calculating,
declaring and paying the amount developed in Royal Decree 1004/2010 of 5 August, which implemented Law 8/2009
and ITC order/2373/2010 of 9 September approving the statements and prepayments set out in Law 8/2009, the
amount corresponding to 3% of the Company’s gross operating income billed is recognised under “Other public
entities”. At 31 December 2010, the outstanding balance was EUR 19,921 thousand.
19.4. Income tax reconciliation
The reconciliation of net income and expenses for the year with tax results is as follows:
2011
2010
CONSOLIDATED INCOME STATEMENT
Current income tax
Current income tax expense
61,228
26,522
Deferred tax liabilities
Relating to increases and decreases in temporary differences
(22,746)
(26,545)
38,482
(22)