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MEDIASET ESPAÑA COMUNICACIÓN, S.A.
15.2 Deferred tax assets
The breakdown is as follows
Thousands of euros
2015
2014
Deferred tax assets
16,226
32,351
Unused tax credits and rebates
52,958
54,076
69,184
86,427
The changes in the items composing “Deferred tax assets” are as follows:
Thousands of euros
Balance at
January 1,
Adjustment
due to changes
in tax rates
Income
statement
Equity Reclassifications
Balance at
December 31,
2015
Deferred tax assets
Impairment audiovisual rights
1,018
-
2,125 -
-
3,143
Rights management institutions
634
-
172 -
-
806
Provisions, subsidiaries
4,018
-
90 -
-
4,108
Tax deductibility of depreciation/
amortization
24,086
-
(19,065)
-
-
5,021
Other provisions
2,595
(5)
558 -
-
3,148
32,351
16,226
2014
Deferred tax assets
Impairment audiovisual rights
1,475
(72)
(385)
-
-
1,018
Rights management institutions
571
(127)
190 -
-
634
Provisions, subsidiaries
23,815
(570)
(19,227)
-
-
4,018
Tax deductibility of depreciation/
amortization
13,921
-
10,165 -
-
24,086
Other provisions
2,743
(510)
362 -
-
2,595
42,525
(1,279)
(8,895)
-
-
32,351
During 2015, the tax group recognized deferred tax assets for unused tax loss carryforwards amounting to 37,470
thousand euros (2014: 15,379 thousand euros).
At December 31, there were deferred tax assets for unused tax loss carryforwards totaling 259,949 thousand euros
(2014: 297,419 thousand euros).
At December 31, 2015 unused tax credits for audiovisual productions amount to a total of 52,957 thousand euros
(2014: 54,076 thousand euros) which can be recovered over the next 15 years.