IAS 12 para 81(g)(i)(ii), analysis of deferred tax in balance sheet and income statement charge by category

Rolls-Royce Holdings plc – Annual report – 31 December 2020

Industry: manufacturing

5 Taxation (extract 1)

Other tax (charges)/credits

5 Taxation (extract 2)

Deferred taxation assets and liabilities

1 The 2020 deferred tax relates to the acquisition of businesses detailed in note 28. The 2019 deferred tax on disposal of businesses relates to Commercial Marine.

2 The 2020 deferred tax transferred to assets held for sale relates to the Bergen Engines AS and Civil Nuclear Instrumentation & Control business. The 2019 deferred tax transferred to assets held for sale relates to the North America Civil Nuclear business.

The analysis of the deferred tax position is as follows: