Euronav NV | CIK:0001604481 |

Filed: 4/17/2018

Entity registrant name: Euronav NV (CIK: 0001604481)

Generator: Workiva (WebFilings)

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(in thousands of USD)	Balance at Jan 1, 2015	Recognized in income		Recognized in equity	Translation differences		Balance at Dec 31, 2015
Provisions	238	(61	)	—	(8	)	169
Employee benefits	52	(24	)	—	(5	)	23
Unused tax losses & tax credits	6,246	(5,450	)	—	(53	)	743
Total	6,536	(5,535	)	—	(66	)	935

	Balance at Jan 1, 2016	Recognized in income		Recognized in equity	Translation differences		Balance at Dec 31, 2016
Provisions	169	(121	)	—	(17	)	31
Employee benefits	23	15		—	(1	)	37
Unused tax losses & tax credits	743	220		—	(67	)	896
Total	935	114		—	(85	)	964

	Balance at Jan 1, 2017	Recognized in income		Recognized in equity	Translation differences		Balance at Dec 31, 2017
Provisions	31	(32	)	—	2		1
Employee benefits	37	2		—	5		44
Unused tax losses & tax credits	896	1,473		—	73		2,442
Total	964	1,443		—	80		2,487

Deferred tax assets and liabilities have not been recognized in respect of the following items:



(in thousands of USD)	December 31, 2017				December 31, 2016
	ASSETS		LIABILITIES		ASSETS		LIABILITIES
Deductible temporary differences	357		—		280		—
Taxable temporary differences	7		(14,231	)	7		(25,213	)
Tax losses & tax credits	89,528		—		105,731		—
	89,892		(14,231	)	106,018		(25,213	)
Offset	(14,231	)	14,231		(25,213	)	25,213
Total	75,661		—		80,805		—

Deferred tax assets and liabilities are attributable to the following:



(in thousands of USD)	ASSETS	LIABILITIES	NET
Provisions	31	—	31
Employee benefits	37	—	37
Unused tax losses & tax credits	896	—	896
	964	—	964
Offset	—	—
Balance at December 31, 2016	964	—

Provisions	1	—	1
Employee benefits	44	—	44
Unused tax losses & tax credits	2,442	—	2,442
	2,487	—	2,487
Offset	—	—
Balance at December 31, 2017	2,487	—