Home / Appendixes / Statements in accordance with IFRS / Notes to the Consolidated Financial Statements for the year ended 31 December 2011 / 14. Deferred Tax Assets and Liabilities
14. Deferred Tax Assets and Liabilities
(a) Recognized deferred tax assets and liabilities
Deferred tax assets and liabilities are attributable to the following items:
Thousands of Russian Roubles, unless otherwise stated
| Assets | Liabilities | Net | ||||
|---|---|---|---|---|---|---|
| 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | |
| Property, plant and equipment | 14,061 | 18,350 | (4,396,589) | (3,541,618) | (4,382,528) | (3,523,268) |
| Other non-current assets | 424 | 719 | — | 424 | 719 | |
| Inventories | 33,512 | 39,052 | — | — | 33,512 | 39,052 |
| Trade and other receivables | 147 | 15,460 | (92,489) | (122,218) | (92,342) | (106,758) |
| Finance lease liabilities | 172,730 | 288,927 | — | — | 172,730 | 288,927 |
| Post employment benefit liability | 210,799 | 186,083 | — | — | 210,799 | 186,083 |
| Employee payables | 122,598 | 110,972 | — | — | 122,598 | 110,972 |
| Other | 1,243 | 3,802 | (73,188) | (76,524) | (71,945) | (72,722) |
| Deferred tax assets/(liabilities) | 555,514 | 663,365 | (4,562,266) | (3,740,360) | (4,006,752) | (3,076,995) |
(b) Movements in temporary differences during the year
| 1 January 2011 | Recognised in profit or loss | 31 December 2011 | |
|---|---|---|---|
| Property, plant and equipment | (3,523,268) | (859,260) | (4,382,528) |
| Other non-current assets | 719 | (295) | 424 |
| Inventories | 39,052 | (5,540) | 33,512 |
| Trade and other receivables | (106,758) | 14,416 | (92,342) |
| Finance lease liabilities | 288,927 | (116,197) | 172,730 |
| Post employment benefit liability | 186,083 | 24,716 | 210,799 |
| Employee payables | 110,972 | 11,626 | 122,598 |
| Other | (72,722) | 777 | (71,945) |
| (3,076,995) | (929,757) | (4,006,752) |
| 1 January 2010 | Recognised in profit or loss | Acquisition of subsidiary | 31 December 2010 | |
|---|---|---|---|---|
| Property, plant and equipment | (2,727,905) | (707,493) | (87,870) | (3,523,268) |
| Other non-current assets | 1,158 | (439) | — | 719 |
| Inventories | 55,171 | (19,410) | 3,291 | 39,052 |
| Trade and other receivables | 270,852 | (385,053) | 7,443 | (106,758) |
| Other current assets | 66 | (66) | — | — |
| Finance lease liabilities | 441,879 | (152,952) | — | 288,927 |
| Post employment benefit liability | 155,172 | 29,241 | 1,670 | 186,083 |
| Employee payables | 39,541 | 70,900 | 531 | 110,972 |
| Other | (124,237) | 52,132 | (617) | (72,722) |
| (1,888,303) | (1,113,140) | (75,552) | (3,076,995) |
Return to Notes to the Consolidated Financial Statements for the year ended 31 December 2011