FINANCIAL REPORT 2014

2.7.11. CURRENT AND DEFERRED TAX ASSETS AND LIABILITIES

(in thousands of euros)

31.12.2014

31.12.2013

Current tax

10 889

4 423

Deferred tax

28 147

28 457

TOTAL CURRENT AND DEFERRED TAX ASSETS Advances in associates current accounts

39 036

32 880

103

35 437

Current accounts in debit

59 392

62 628

TOTAL CURRENT AND DEFERRED TAX LIABILITIES

59 495

98 065

Net deferred tax assets and liabilities break down as follows:

31.12.2014

31.12.2013

Deferred tax assets

Deferred tax liabilities

Deferred tax assets

Deferred tax liabilities

(in thousands of euros)

25 994

2 818

26 447

2 225

TEMPORARY TIMING DIFFERENCES

Non-deductible accrued expenses

3 798

5 503

Non-deductible provisions for liabilities and charges

9 126

7 871

Other temporary differences

13 071

2 818

13 073

2 225

6 636

6 576

4 792

2 229

DEFERRED TAX/ RESERVES FOR UNREALISED GAINS OR LOSSES

Available-for-sale assets

128

6 245

48

1 881

Gains and losses / Actuarial gains or losses

6 508

331

4 744

348

25 270

79 750

7 177

68 132 -9 959 62 627

DEFERRED TAX/ INCOME

-29 754

-29 754

-9 959 28 457

COMPENSATION IMPACT

TOTAL DEFERRED TAX

28 147

59 392

2.7.12. ACCRUED INCOME AND EXPENSES AND OTHER ASSETS AND LIABILITIES

2.7.12.1. Accruals, prepayments and sundry assets

(in thousands of euros)

31.12.2014

31.12.2013

OTHER ASSETS

1 136 200

801 722 257 964

Miscellaneous debtors

939 996

Settlement accounts

196 204

543 758

ACCRUALS AND DEFERRED INCOME

428 089

336 368

Items in course of transmission from other banks

170 674

222 199

Adjustment and suspense accounts

1 821

19 226

Accrued income

209 779

71 686

Prepaid expenses

39 343

23 165

Other accruals and prepayments

6 472

92

NET CARRYING AMOUNT

1 564 288

1 138 090

35