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Software AG GB 2013. englisch

NotestotheConsolidatedFinancialStatements As of the reporting date, taxable temporary differences ­associated with investments in subsidiaries existed in the amount of €7,193 thousand (2012: 4,753 thousand), on which no deferred tax liabilities had been recognized in accordance with IAS 12.39 given that neither disposals nor future profit distributions are planned. In fiscal year 2013, deferred taxes totaling €7,751 thousand (2012: €8,893 thousand) were recognized directly in equity. These amounts mainly resulted from actuarial gains/losses recognized directly in equity based on changes in the measure­ment of pension obligations as well as from finan- cial instruments also recognized directly in equity. [19] Deferred taxes Deferred taxes were composed of the following as of the balance sheet date (before offsetting): Deferred tax assets on tax loss carryforwards fell from the prior year by €1,004 thousand. The increase resulted from ongoing consumption of the loss carryforwards as they are offset against taxable income and the appropriate subse- quent capitalization based on future income expectations and changes in the consolidated Group. As of December 31, 2013, the consolidated Group had un- utilized tax loss carryforwards in the amount of €49,687 thou- sand (2012: €63,505 thousand) for which no deferred tax assets were recognized. Of the losses carried forward for which no deferred taxes were recognized, €4,760 thousand will expire in the period from 2014 to 2022, €22,512 thou- sand in the period from 2023 to 2032, and €22,415 thousand can be utilized indefinitely. Deferred tax assets Deferred tax liabilities in € thousands Dec. 31, 2013 Dec. 31, 2012 Dec. 31, 2013 Dec. 31, 2012 Intangible assets 5,280 6,696 60,571 63,853 Property, plant and equipment 960 391 4,655 4,635 Receivables and financial assets 5,832 6,358 2,898 7,119 Other obligations 9,459 10,269 6,915 4,405 Pension commitments 9,300 9,125 0 0 Prepaid expenses/deferred income 6,716 4,581 273 20 Tax loss carryforwards 31,441 32,445 0 0 Total 68,988 69,865 75,312 80,032 Amount offset -52,735 -53,203 -52,735 -53,203 Amount recognized in the balance sheet 16,253 16,662 22,577 26,829 161 Corporate Governance Report of the Supervisory Board Group Management Report Consolidated Financial Statements Additional Information Notes General Notes to the Consolidated Income Statement Notes to the Consolidated Balance Sheet Other Disclosures Responsibility Statement Auditors’ Report