Orano - Annual Activity Report 2024 345 STATEMENTS 6 Consolidated financial statements - financial year ended December 31, 2024 DEFERRED TAX ASSETS AND LIABILITIES (in millions of euros) December 31, 2024 December 31, 2023 Deferred tax assets 207 97 Deferred tax liabilities 60 3 TOTAL DEFERRED TAX ASSETS AND (LIABILITIES) 147 94 For all French companies, the expected tax rate for temporary differences is 25.83% for reversals from 2025. MAIN CONSOLIDATED DEFERRED TAX ASSETS AND LIABILITIES BY TYPE (in millions of euros) December 31, 2024 December 31, 2023 TAX IMPACT OF TEMPORARY DIFFERENCES RELATED TO: Property, plant and equipment, intangible assets and non-current assets (including right-of-use assets on leases) 67 120 Working capital assets 24 9 Employee benefits 8 3 Tax-driven provisions (159) (159) Provisions for end-of-lifecycle operations and mining site remediation 29 27 Impact of tax loss carry forwards and deferred taxes 213 78 Other temporary differences (including lease liabilities and provisions for the remediation of leased assets) (35) 17 TOTAL DEFERRED TAX ASSETS NET OF LIABILITIES 147 94 CHANGE IN CONSOLIDATED DEFERRED TAX ASSETS AND LIABILITIES (in millions of euros) December 31, 2024 December 31, 2023 At January 1 94 114 Tax recognized in profit or loss 55 (7) Tax expense recognized directly in other items of comprehensive income 23 (10) Other changes (27) - Currency translation differences 1 (2) TOTAL DEFERRED TAX ASSETS AND (LIABILITIES) 147 94 CONSOLIDATED DEFERRED TAX INCOME AND EXPENSE BY CATEGORY OF TEMPORARY DIFFERENCE (in millions of euros) December 31, 2024 December 31, 2023 Property, plant and equipment, intangible assets and non-current assets (including right-of-use assets on leases) (135) (33) Working capital assets (22) 5 Employee benefits 10 10 Tax-driven provisions (18) (2) Provisions for end-of-lifecycle operations and mining site remediation 2 - Provisions for restructuring 2 - Net tax loss carryforwards and deferred taxes 98 (52) Impairment / reversal of deferred taxes 157 45 Other temporary differences (including lease liabilities and provisions for the remediation of leased assets) (37) 20 TOTAL DEFERRED TAX INCOME (EXPENSES) 55 (7)
RkJQdWJsaXNoZXIy NzMxNTcx