| 2017 €m |
2016 €m |
|||||||
|
Reported in balance sheet after offset |
||||||||
|
Deferred tax liabilities |
1,666 | 2,008 | ||||||
|
Deferred tax assets |
(95) | (159) | ||||||
|
Net deferred income tax liability |
1,571 | 1,849 | ||||||
|
Deferred income tax assets (deductible temporary differences) |
||||||||
|
Deficits on Group retirement benefit obligations (note 28) |
72 | 119 | ||||||
|
Revaluation of derivative financial instruments to fair value |
7 | 12 | ||||||
|
Tax loss carryforwards |
132 | 150 | ||||||
|
Share-based payment expense |
29 | 38 | ||||||
|
Provisions for liabilities and working capital-related items |
157 | 350 | ||||||
|
Other deductible temporary differences |
145 | 83 | ||||||
|
Total |
542 | 752 | ||||||