|
|
2020/2021 |
|
2019/2020 |
|---|---|---|---|---|
Current income taxes |
|
33,418.4 |
|
27,304.2 |
Adjustment for deferred taxes |
|
2,991.9 |
|
-1,470.5 |
|
|
36,410.3 |
|
25,833.7 |
Expenses for taxes on income are EUR 4,987.6 thousand lower (previous year: EUR 5,331.0 thousand lower) than the calculated expenses for taxes on income that result from applying the respective tax rates to the earnings before taxes on income. The reasons for the difference between the calculated and reported income tax expenses are as follows:
|
|
2020/2021 |
|
2019/2020 |
|---|---|---|---|---|
Earnings before income taxes |
|
168,269.2 |
|
127,045.0 |
Imputed tax expenses |
|
41,397.9 |
|
31,164.7 |
Tax effects from |
|
|
|
|
Tax-free earnings from companies measured at equity and tax-free investment income |
|
-4,410.9 |
|
-4,069.3 |
Other items |
|
-576.7 |
|
-1,261.7 |
Effective tax income/expenses |
|
36,410.3 |
|
25,833.7 |
Effective tax rate in % |
|
21.6 |
|
20.3 |
Temporary differences between the amounts recognised in the Consolidated Financial Statements and the respective taxable amounts have the following effects on the reported deferred taxes:
|
|
Assets |
|
Liabilities |
|
Net |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
2021 |
|
2020 |
|
2021 |
|
2020 |
|
2021 |
|
2020 |
Intangible assets |
|
– |
|
– |
|
-22,900.3 |
|
-22,942.7 |
|
-22,900.3 |
|
-22,942.7 |
Property, plant and equipment |
|
9,650.5 |
|
10,148.8 |
|
-40,139.6 |
|
-33,679.2 |
|
-30,489.1 |
|
-23,530.4 |
Financial assets |
|
3,830.5 |
|
4,037.3 |
|
-6,696.9 |
|
-6,644.6 |
|
-2,866.4 |
|
-2,607.3 |
Other non-current assets |
|
– |
|
– |
|
-19,375.4 |
|
-1,550.4 |
|
-19,375.4 |
|
-1,550.4 |
Provisions |
|
43,282.5 |
|
37,172.9 |
|
-1,456.7 |
|
-3,354.8 |
|
41,825.8 |
|
33,818.1 |
Untaxed reserves |
|
– |
|
– |
|
-14,037.1 |
|
-14,674.5 |
|
-14,037.1 |
|
-14,674.5 |
Construction cost subsidies |
|
17.4 |
|
2,232.4 |
|
-1,896.3 |
|
-2,364.4 |
|
-1,878.9 |
|
-132.0 |
Other non-current liabilities |
|
22,042.2 |
|
4,555.3 |
|
– |
|
– |
|
22,042.2 |
|
4,555.3 |
Hedge accounting |
|
2,186.5 |
|
5,312.2 |
|
-32,690.5 |
|
– |
|
-30,504.0 |
|
5,312.2 |
Leasing |
|
17,064.3 |
|
17,244.8 |
|
-17,835.7 |
|
-17,149.7 |
|
-771.4 |
|
95.1 |
Outstanding write-downs to fair value |
|
180.1 |
|
360.1 |
|
– |
|
– |
|
180.1 |
|
360.1 |
Receivables and other assets |
|
1,087.8 |
|
1,661.1 |
|
-62,704.8 |
|
-5,525.5 |
|
-61,617.0 |
|
-3,864.4 |
Other current liabilities |
|
64,353.9 |
|
5,844.0 |
|
– |
|
-41.8 |
|
64,353.9 |
|
5,802.2 |
Other |
|
1,326.0 |
|
435.0 |
|
-1,259.0 |
|
-130.6 |
|
67.0 |
|
304.4 |
Deferred tax assets/ |
|
165,021.7 |
|
89,003.9 |
|
-220,992.3 |
|
-108,058.2 |
|
-55,970.6 |
|
-19,054.3 |
|
|
Balance |
|
Disposal |
|
Exchange |
|
Recognised |
|
Recognised |
|
Balance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Intangible assets |
|
-22,900.3 |
|
– |
|
-68.6 |
|
– |
|
111.0 |
|
-22,942.7 |
Property, plant and equipment |
|
-30,489.1 |
|
2,634.2 |
|
-284.6 |
|
– |
|
-9,308.3 |
|
-23,530.4 |
Financial assets |
|
-2,866.4 |
|
– |
|
– |
|
-1,428.2 |
|
1,169.1 |
|
-2,607.3 |
Other non-current assets |
|
-19,375.4 |
|
– |
|
– |
|
– |
|
-17,825.0 |
|
-1,550.4 |
Provisions |
|
41,825.8 |
|
– |
|
61.5 |
|
898.3 |
|
7,047.9 |
|
33,818.1 |
Untaxed reserves |
|
-14,037.1 |
|
– |
|
– |
|
– |
|
637.4 |
|
-14,674.5 |
Construction cost subsidies |
|
-1,878.9 |
|
– |
|
– |
|
– |
|
-1,746.9 |
|
-132.0 |
Other non-current liabilities |
|
22,042.2 |
|
– |
|
– |
|
– |
|
17,486.9 |
|
4,555.3 |
Hedge accounting |
|
-30,504.0 |
|
– |
|
– |
|
-35,688.6 |
|
-127.6 |
|
5,312.2 |
Leasing |
|
-771.4 |
|
– |
|
– |
|
– |
|
-866.5 |
|
95.1 |
Outstanding write-downs to fair value |
|
180.1 |
|
– |
|
– |
|
– |
|
-180.0 |
|
360.1 |
Receivables and other assets |
|
-61,617.0 |
|
– |
|
– |
|
– |
|
-57,752.6 |
|
-3,864.4 |
Other current liabilities |
|
64,353.9 |
|
– |
|
– |
|
– |
|
58,551.7 |
|
5,802.2 |
Other |
|
67.0 |
|
-39.0 |
|
-9.4 |
|
– |
|
-189.0 |
|
304.4 |
|
|
-55,970.6 |
|
2,595.2 |
|
-301.1 |
|
-36,218.5 |
|
-2,991.9 |
|
-19,054.3 |
|
|
Balance |
|
Change |
|
Exchange |
|
Recognised |
|
Recognised |
|
Balance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Intangible assets |
|
-22,942.7 |
|
-201.8 |
|
57.9 |
|
– |
|
590.5 |
|
-23,389.3 |
Property, plant and equipment |
|
-23,530.4 |
|
– |
|
219.1 |
|
– |
|
1,724.5 |
|
-25,474.0 |
Financial assets |
|
-2,607.3 |
|
– |
|
– |
|
-1,290.4 |
|
-738.4 |
|
-578.5 |
Other non-current assets |
|
-1,550.4 |
|
– |
|
– |
|
– |
|
-450.8 |
|
-1,099.6 |
Provisions |
|
33,818.1 |
|
– |
|
-37.3 |
|
-890.4 |
|
-889.9 |
|
35,635.7 |
Untaxed reserves |
|
-14,674.5 |
|
– |
|
– |
|
– |
|
585.1 |
|
-15,259.6 |
Construction cost subsidies |
|
-132.0 |
|
– |
|
-5.1 |
|
– |
|
407.6 |
|
-534.5 |
Other non-current liabilities |
|
4,555.3 |
|
– |
|
– |
|
– |
|
40.2 |
|
4,515.1 |
Hedge accounting |
|
5,312.2 |
|
– |
|
– |
|
5,611.8 |
|
128.2 |
|
-427.8 |
Leasing |
|
95.1 |
|
– |
|
– |
|
– |
|
95.1 |
|
– |
Outstanding write-downs to fair value |
|
360.1 |
|
– |
|
– |
|
– |
|
-1,271.3 |
|
1,631.4 |
Receivables and other assets |
|
-3,864.4 |
|
– |
|
– |
|
– |
|
-1,489.4 |
|
-2,375.0 |
Other current liabilities |
|
5,802.2 |
|
– |
|
– |
|
– |
|
2,795.9 |
|
3,006.3 |
Other |
|
304.4 |
|
24.8 |
|
4.6 |
|
– |
|
-56.8 |
|
331.8 |
|
|
-19,054.3 |
|
-177.0 |
|
239.2 |
|
3,431.0 |
|
1.470,5 |
|
-24,018.0 |
No deferred tax liabilities were recognised for temporary differences of EUR 643,621.4 thousand (previous year: EUR 505,607.9 thousand) in connection with fully consolidated subsidiaries, joint ventures and associated companies.
Deferred taxes in the amount of EUR -1,428.2 thousand (previous year: EUR -1,290.4 thousand) pertain to changes in value of investments and securities FVOCI recognised outside of profit or loss; deferred taxes in the amount of EUR -35,688.6 thousand (previous year: EUR 5,611.8 thousand) pertain to changes in value from hedge accounting recognised outside of profit or loss.