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18. Deferred taxes

Audited information

In CHF 1,000

2020

2019

Deferred tax assets

90

116

Deferred tax liabilities

127,197

177,639

Deferred tax liabilities as at 1 January (net)

127,108

177,523

Changes in scope of consolidation

64

3,111

Changes recognised in the income statement

10,571

–53,527

Deferred tax liabilities as at 31 December (net)

137,742

127,108

Deferred tax assets

9

90

Deferred tax liabilities

137,752

127,197

Deferred taxes are calculated using the local applicable tax rates for each subsidiary (see Note 8).