Page 173 - MEDIASET ESPAÑA / 2013. Financial Statements, Management and Corporate Governance Report

173
MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2013
(Expressed in thousand of euros)
tax contingencies would arise as a result of varying interpretations of the tax legislation applicable to the Group’s
transactions.
Therefore, the accompanying statement of financial position does not include a provision for tax contingencies.
19.3. Balances relating to Public Authorities
The breakdown of balances relating to Public Authorities is as follows:
Balance at
12/31/13
Balance at
12/31/12
Deferred tax liabilities 9,884 6,607
Value added tax liability 9,522 8,558
Personal income tax withholdings 3,192 3,454
Payable to Social Security 1,517 1,541
Other public entities 10,816 3,318
Payable to tax authorities 25,047 16,871
Balance at
12/31/13
Balance at
12/31/12
Deferred tax assets 186,290 176,434
Income tax receivable 19,643 16,720
VAT receivable 487 23
Other tax receivables 2 342
Receivable from tax authorities 489 365
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 August 5, which implemented Law 8/2009
and ITC order/2373/2010 of September 9, 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 recognized under “Other public
entities”. At December 31, 2013, the outstanding balance is 3,732 thousand euros (2012: 2,654 thousand euros).