Annual Report 2025

Notes

19. Tax assets

Tax assets

 

 

CARRYING AMOUNT

 

CARRYING AMOUNT

€ million

 

Current

 

Non-current

 

Dec. 31, 2025

 

Current

 

Non-current

 

Dec. 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets

 

–

 

14,611

 

14,611

 

–

 

16,581

 

16,581

Tax receivables

 

2,674

 

411

 

3,085

 

2,038

 

409

 

2,447

 

 

2,674

 

15,022

 

17,696

 

2,038

 

16,991

 

19,029

Deferred tax assets include an amount of €5,911 million (previous year, adjusted: €7,260 million) arising from recognition and measurement differences between IFRS carrying amounts and the tax base, which will reverse within one year.