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15.1. Income tax

The reconciliation of net income and expenses for the year with tax results is as follows:

Thousands of euros

2010 2009

Current tax liabilities (1,194) (1,440)

(1,194) (1,440)

VAT (5,719) (4,934) Personal income tax withholdings (1,853) (1,517) Social security (683) (755) Levy to fnance RTVE (8,824) - Other payables to public administrations (17,079) (7,206) Deferred tax assets 99,039 80,250 Unused tax deductions and relief 12,291 19,670

111,330 99,920

Other receivables from public administrations

Income tax 999 5,660 Other taxes - -

999 5,660

Thousands of euros

Income statement

Income and expenses directly recognized in equity Increase Decrease Total Increase Decrease Total

2010 Income and expenses for the year

Continuing operations 113,934 - 113,934 - - -

Discontinued operations - - - - - -

113,934 - 113,934 - - -

Income tax - -

Continuing operations 1,728 - 1,728 - - -

Discontinued operations (Note 10) - - - - - -

1,728 - 1,728 - - -

Income and expenses for the year before tax

115,662 -

Permanent diferences

Non-deductible expenses & penalties 1,089 - 1,089 - - -

Internal elimination of dividends - (70,367) (70,367) - - -

Other - 1,739 1,739 - - -

Temporary diferences 57,095 - 57,095 - - -

Tax result 105,218 -

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Financial Statements, Management and Corporate Governance Report. 2010