Auris Medical Holding AG | CIK:0001601936 | 3

  • Filed: 3/22/2018
  • Entity registrant name: Auris Medical Holding AG (CIK: 0001601936)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1601936/000160193618000007/0001601936-18-000007-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1601936/000160193618000007/ears-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001601936
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  • ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory

    The Group’s tax loss carry-forwards with their expiry dates are as follows:
     
    December 31, 2017
     
    December 31, 2016
    Within 1 year
    1,754,398

     
    1,859,601

    Between 1 and 3 years
    31,089,191

     
    9,928,391

    Between 3 and 7 years
    108,055,089

     
    102,542,641

    More than 7 years
    1,072,260

     
    1,087,543

    Total
    141,970,938

     
    115,418,176

    The tax effect of the major unrecognized temporary differences and loss carry-forwards is presented in the table below:
     
    December 31, 2017
     
    December 31, 2016
    Deductible temporary differences
     
     
     
    Employee benefit plan
    433,816

     
    450,227

    Stock option plans
    400,764

     

    Total potential tax assets
    834,580

     
    450,227

    Taxable unrecognized temporary differences
     
     
     
    Property and equipment

     

    Total unrecognized potential tax liabilities

     

    Offsetting potential tax liabilities with potential tax assets

     

    Net potential tax assets from temporary differences not recognized
    834,580

     
    450,227

    Potential tax assets from loss carry-forwards not recognized
    29,959,963

     
    25,082,968

    Total potential tax assets from loss carry-forwards and temporary differences not recognized
    30,794,543

     
    25,533,195