Ferroglobe PLC | CIK:0001639877 | 3

  • Filed: 4/30/2018
  • Entity registrant name: Ferroglobe PLC (CIK: 0001639877)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1639877/000155837018003516/0001558370-18-003516-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1639877/000155837018003516/gsm-20171231.xml
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  • ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory

     

     

     

     

     

     

        

    2017

        

    2016

     

     

    US$'000

     

    US$'000

    Deferred tax assets:

     

      

     

      

    Non-current assets

     

    465

     

    8,822

    Provisions

     

    25,534

     

    15,418

    Depreciation and amortization charge

     

    6,598

     

    807

    Hedging instruments

     

    1,239

     

    199

    Tax losses, incentives, reductions and credits carryforwards

     

    20,723

     

    19,391

    Other

     

    1,289

     

    313

    Total

     

    55,848

     

    44,950

    Deferred tax liabilities:

     

      

     

      

    Non-current assets

     

    8,428

     

     —

    Depreciation and amortization charge

     

    86,356

     

    132,481

    Inventories

     

    243

     

    1,441

    Other

     

    20,690

     

    5,613

    Total

     

    115,717

     

    139,535

     

     

     

     

     

    Net Total Deferred Tax Asset / (Liability)

     

    (59,869)

     

    (94,585)

     

     

     

     

     

    Presented in the statement of financial position as follows:

     

     

     

     

    Deferred tax assets

     

    5,273

     

    44,950

    Deferred tax liabilities

     

    65,142

     

    139,535

     

     

     

     

     

    Net Total Deferred Tax Asset / (Liability)

     

    (59,869)

     

    (94,585)