18. Deferred taxes
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).