Page 71 - MEDIASET ESPAÑA / 2012. Financial Statements, Management and Corporate Governance Report

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FINANCIAL STATEMENTS, MANAGEMENT AND CORPORATE GOVERNANCE REPORT. 2012
Refundable Income tax is as follows:
Thousands of euros
2012 2011
Corporate income tax refundable I, 2011 7,283 12,145
Corporate income tax refundable I, 2012 9,437 -
Total 16,720 12,145
15.2 Deferred tax assets
The breakdown is as follows:
Thousands of euros
2012 2011
Deferred tax assets 105,827 109,770
Unused tax credits and rebates 37,153 21,320
142,980 131,090
The changes in the items composing “Deferred tax assets” are as follows:
Thousands of euros
Balance at
January 1,
Additions
from merger
Income
statement
Equity Reclassifications Balance at
December 31,
2012
Deferred tax assets
Impairment audiovisual rights 2,502 (1,633) - - 869
Rights management
institutions
909 (428) - - 481
Provisions, subsidiaries 103,033 (1,507) - - 101,526
Other provisions 3,326 (375) - - 2,951
109,770 (3,943) - - 105,827
2011
Deferred tax assets
Impairment audiovisual rights - - 2,534 - (32) 2,502
Rights management
institutions 174 124 611 - - 909
Provisions, subsidiaries 98,865 1,940 2,228 - - 103,033
Other provisions - 285 1,790 - 1,251 3,326
99,039 7,163 - 1,219 109,770
The Company has no unused loss carryforwards. In 2012, tax losses amounting to 2,150 thousand euros were offset at
Telecinco Cinema, S.A.U.