22. Provisions for Liabilities
The Company had the following deferred tax liabilities during the year:
2017 €’000 | 2016 €’000 | |
At 1 January | (7,436) | (6,954) |
Additions dealt with in profit and loss | (1,242) | (1,477) |
Additions dealt with in other comprehensive income | (4,357) | 995 |
At 31 December | (13,035) | (7,436) |
2017 €’000 | 2016 €’000 | |
€’000 | €’000 | |
Presented as: | ||
Deferred tax liabilities within provisions for liabilities | (13,035) | (7,436) |
The provision for deferred tax consists of the following deferred tax assets/(liabilities): | ||
2017 €’000 | 2016 €’000 | |
Defined Benefit pension scheme | (6,324) | (1,387) |
Derivative financial liabilities | - | 19 |
Other timing differences | 44 | 44 |
Accelerated capital allowances | (6,755) | (6,112) |
(13,035) | (7,436) |
Deferred tax assets of €0.3m (2016: €0.3m) were not recognised in respect of capital losses on the basis that there is no likelihood of recovering the benefit from these tax losses.