Annual Report 2018/19

Note 20 - Deferred tax asset

The Group has recorded deferred tax assets in respect of the tax loss carryforwards in MAG Interactive AB. The tax loss carryforwards have been capitalised as the Group considers it likely that it will be possible to set off the remaining deficit against future taxable profits. There are no non-capitalised deficits in the Group.

Opening value1,6991,263
Currency difference0132
Tax effect, tax loss carryforwards utilised-1,027304
Closing value6721,699