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:
Accounts examples 