20.1 Income taxes for the year relating to current operations: breakdown
| Income components/Sectors | 31.12.2015 | 31.12.2014 | |
| 1. | Current tax expense (-) | (80.121) | (50.656) |
| 2. | Changes in current taxes of previous years (+/-) | (242) | - |
| 3. | Reductions in current taxes for the year (+) | - | - |
| 3.bis | Reductions in current tax for the year for tax credits as per Law n. 214/2011 (+) | - | - |
| 4. | Changes in deferred tax assets (+/-) | 952 | 4.388 |
| 5. | Changes in deferred tax liabilities (+/-) | (4.212) | (2.799) |
| 6. | Tax expense for the year (-) (-1+/-2+3+3 bis+/-4+/-5) | (83.623) | (49.067) |
20.2 Reconciliation between theoretical tax charges and effective tax charges for the year
| Items/Components | 31.12.2015 |
| Pre-tax profit (loss) for the year from continuing operations | 245.589 |
| Corporate tax – theoretical tax charge (36%) | (67.537) |
| - Effect of non-taxable income and other reductions - permanent | 3.384 |
| - Effect of undeductible expenses and other increases – permanent | (3.627) |
| - Benefits from the application of national tax consolidation | - |
| - Non-current corporate tax (IRES) | 5 |
| - Deferred non-current corporate tax | (327) |
| - Reconciliation between tax and statutory amounts | - |
| - Effect of changes in tax rates on deferred taxes | - |
| Corporate tax – Effective tax charges | (68.102) |
| Regional tax on productivity (IRAP) – theoretical tax charges (5,57%) | (13.679) |
| - Effect of income/charges that are not part of the taxable base | (1.502) |
| - Effect of other changes | 217 |
| - Non-current regional tax on productivity (IRAP) | (247) |
| Regional tax on productivity (IRAP) – Effective tax charges | (15.211) |
| Other taxes | (310) |
| Effective tax charges for the year | (83.623) |