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.