Notes to the Parent Company's Financial Statement

7. Income taxes

€ 000

2012

2011

Income taxes on operations - -
Income taxes on extraordinary operations 596 -
Total 596 0
     

Deferred tax assets arising from accrual differences and from temporary differences between book values and taxation values are unrecorded in the Statement of Financial Position, in accordance with the principle of materiality. Deferred tax assets totalled EUR 169,346.45 at the end of the 2012 fiscal year.