Annual Report 2024

Notes

19. Tax assets

Tax assets

 

 

CARRYING AMOUNT

 

CARRYING AMOUNT

€ million

 

Current

 

Non-current

 

Dec. 31, 2024

 

Current

 

Non-current1

 

Dec. 31, 20231

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets

 

 

16,581

 

16,581

 

 

14,251

 

14,251

Tax receivables

 

2,038

 

409

 

2,447

 

1,649

 

437

 

2,086

 

 

2,038

 

16,991

 

19,029

 

1,649

 

14,688

 

16,337

1

Prior-year figures adjusted (see disclosures on IAS 8 in the “Prior-year corrections in accordance with IAS 8” section).

Deferred tax assets include an amount of €8,482 million (previous year adjusted: €7,916 million (see disclosures on IAS 8)) arising from recognition and measurement differences between IFRS carrying amounts and the tax base, which will reverse within one year.