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PBR » Topics » 18.4 Deferred income tax and social contribution

This excerpt taken from the PBR 6-K filed Nov 19, 2009.

18.4 Deferred income tax and social contribution

The grounds and expectations for realization of deferred income tax and social contribution are presented as follows:

a) Deferred income tax and social contribution assets

    R$ thousand     
     
    09.30.2009     
     
Nature    Consolidated    Parent Company    Grounds for realization 
       
 
Pension plan    350.141    333.001    Through payment of the contributions of the sponsor. 
 
Unearned income between companies of the system        1.198.196   Through the effective realization of profits. 
 
Provisions for contingencies and doubtful accounts    1.118.446    941.061    Through fiscal consummation of the loss and filing of lawsuits and overdue receivables. 
 
Tax losses    965.826        With future taxable income. 
 
Provision for investment in research and development    78.387    78.387    Through realization of the expenditures. 
 
             
Temporary difference between the criteria for accounting and fiscal depreciation    237.698    103.483    Realization in the term of straight-line depreciation of the assets. 
 
Absorption of conditional financing    75.110        Expiration of the financing agreements. 
 
Provision for exports in transit    249.519    249.519    Through recognition of the revenue. 
 
Other    1.339.046    756.818     
       
 
Total    5.612.369    2.462.269     
       
 
Non-current    3.270.388    458.336     
Current    2.341.981    2.003.933     

This excerpt taken from the PBR 6-K filed Aug 18, 2009.

18.4 Deferred income tax and social contribution

The grounds and expectations for realization of deferred income tax and social contribution are presented as follows:

a) Deferred income tax and social contribution assets

    R$ thousand     
     
    06.30.2009     
     
Nature    Consolidated    Parent Company    Grounds for realization 
       
 
Pension plan    359.284    333.100    Through payment of the contributions of the sponsor. 
 
Unearned income between companies of the system    1.279.723       Through the effective realization of profits. 
 
Provisions for contingencies and            Through fiscal consummation of the 
doubtful accounts    503.340    316.602    loss and filing of lawsuits and 
            overdue receivables 
 
Tax losses    986.507        With future taxable income 
 
Provision for investment in research    91.412    91.412    Through realization of the expenditures. 
and development             
 
Remuneration of shareholders - Interest on shareholders'            By individualized credit to 
capital    894.956    894.956    shareholders 
 
Temporary difference between the criteria            Realization in the term of 
for accounting and fiscal depreciation    178.736    97.769    straight-line depreciation of the 
            assets. 
 
Absorption of conditional financing    74.004        Expiration of the financing 
            agreements 
 
Foreign exchange variation on financing    2.968         
 
            Through recognition 
Provision for exports in transit    275.694    275.694    of the revenue. 
 
Other    754.592    312.360     
       
 
Total    5.401.216    2.321.893     
       
 
Non-current    3.212.803    467.607     
Current    2.188.413    1.854.286     

This excerpt taken from the PBR 6-K filed Mar 4, 2008.

18.4 Deferred income tax and social contribution

The grounds and expectations for the realization of the deferred tax assets and liabilities are presented as follows:

a) Deferred income tax and social contribution assets

    2007     
       
        Parent     
Nature    Consolidated    Company    Basis for realization
       
 
Pensions    1.690.133    1.656.653    By payment of the contributions of the sponsor. 
 
Unrealized profits    1.306.426        By means of effective profit accomplishment. 
 
Plan Provisions for contingencies and for            By realization of losses in view of the outcome of legal suits and overdue credits. 
uncollectible accounts    439.321    247.647   
 
Tax losses    378.611        With future taxable profits. 
 
Provision for profit sharing    331.447    291.809    By payment. 
 
Provision for ANP research and development            By realization of the expenditures. 
   investment    200.803    200.803   
 
Interest on shareholders’ capital    223.739    223.739    By means of individual credits to shareholders. 
 
Temporary difference between the accounting and            To be realized during the period of depreciation of assets under the straight line method. 
   tax depreciation criteria    170.399    64.863   
 
Other    668.831    212.888     
       
 
Total    5.409.710    2.898.402     
       
 
Non-current    3.921.534    1.776.187     
 
Current    1.488.176    1.122.215     

This excerpt taken from the PBR 6-K filed Nov 21, 2007.

16.4. Deferred income tax and social contribution

The grounds and expectations for the realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Aug 21, 2007.

16.4. Deferred income tax and social contribution

The grounds and expectations for the realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Jun 8, 2007.

d) Deferred income tax and social contribution

The grounds and expectations for the realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Nov 17, 2006.

d) Deferred income tax and social contribution

The grounds and expectations for realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Aug 25, 2006.

d) Deferred income tax and social contribution

The grounds and expectations for realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Jun 26, 2006.

d) Deferred income tax and social contribution

The grounds and expectations for realization of the deferred tax assets and liabilities are presented as follows:

This excerpt taken from the PBR 6-K filed Aug 19, 2005.

c) Deferred income tax and social contribution

The grounds and expectations for realization of the deferred tax assets and liabilities are presented as follows:

50

This excerpt taken from the PBR 6-K filed Mar 18, 2005.

(b) Deferred income tax and social contribution

The basis and expectations for the realization of deferred tax assets and liabilities are presented as follows:

EXCERPTS ON THIS PAGE:

6-K
Nov 19, 2009
6-K
Aug 18, 2009
6-K
Mar 4, 2008
6-K
Nov 21, 2007
6-K
Aug 21, 2007
6-K
Jun 8, 2007
6-K
Nov 17, 2006
6-K
Aug 25, 2006
6-K
Jun 26, 2006
6-K
Aug 19, 2005
6-K
Mar 18, 2005

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