a.s.r. annual report 2022

Deferred taxes

	31 December 2022	31 December 2021
Deferred tax assets	119	-
Deferred tax liabilities	-	69
Net Deferred tax	119	-69

Deferred taxes are formed for differences between the carrying amount of assets and liabilities and their tax base at the enacted tax rate, taking into account tax-exempt components. The current tax rate is 25.8% (2021: 25.0%). The deferred taxes are calculated with the enacted tax rate for 2023 of 25.8%.

Deferred tax assets and liabilities are expected to be recovered after more than one year after the balance sheet date.

Changes in deferred taxes

	1 January 2022	Changes recognised in profit or loss	Changes recognised in other comprehensive income	Changes in composition of the group	31 December 2022
Derivatives	-1,332	1,525	-	-	193
Investments	-861	-546	1,205	-	-203
Investment property	-400	324	-5	5	-76
Property, plant and equipment	-16	1	2	-	-13
Intangible assets	-51	8	-	-	-44
Liabilities arising from insurance contracts	2,552	-1,693	-459	-	400
Employee benefits	171	11	-308	-	-127
Amounts received in advance	-1	-1	-	-	-3
Fiscal reserves	-187	105	-	-	-82
Other	57	17	-	-	74
Gross deferred tax	-69	-251	434	6	119

Write-down of deferred tax assets	-	-	-	-	-

Net deferred tax	-69	-251	434	6	119

Changes in deferred taxes

	1 January 2021	Changes recognised in profit or loss	Changes recognised in other comprehensive income	Changes recognised other	Changes in composition of the group	31 December 2021
Derivatives	-1,893	561	-	-	-	-1,332
Investments	-1,031	-55	224	-	-	-861
Investment property	-352	-45	-	-3	-	-400
Property, plant and equipment	-10	1	2	-9	-	-16
Intangible assets	-48	6	-	-	-9	-51
Liabilities arising from insurance contracts	3,414	-559	-303	-	-	2,552
Employee benefits	226	-5	-51	-	-	171
Amounts received in advance	1	-2	-	-	-	-1
Fiscal reserves	-170	-17	-	-	-	-187
Other	39	7	-	11	-	57
Gross deferred tax	177	-108	-128	-2	-9	-69

Write-down of deferred tax assets	-	-	-	-	-	-

Net deferred tax	177	-108	-128	-2	-9	-69

In 2021, changes recognised other related to the acquisition of wind farm Wieringermeer.