2023 Consolidated Financial Statements and Notes slide image

2023 Consolidated Financial Statements and Notes

AIR CANADA 2023 Consolidated Financial Statements and Notes The significant components of deferred income tax assets and liabilities were as follows: (Canadian dollars in millions) Deferred income tax assets Non-capital losses Accounting provisions not currently deductible for tax Lease liabilities Deferred income tax liabilities Post-employment obligations - pension Property, equipment, technology-based and other intangible assets Indefinite-lived intangible assets Other Net recognized deferred income tax liabilities Balance sheet presentation Deferred income tax assets Deferred income tax liabilities Net recognized deferred income tax liabilities SA $ 2023 2022 1,927 $ 1,693 7 7 783 934 2,717 2,634 (460) (423) (2,135) (2,103) (73) (73) (72) (60) (2,740) (2,659) $ (23) $ (25) 50 48 (73) (73) $ (23) $ (25) The following table presents the variation of the components of deferred income tax balances: 2023 income January 1, 2023 statement 2023 OCI movement December 31, 2023 (Canadian dollars in millions) movement Non-capital losses $ 1,693 234 1,927 Accounting provisions not currently deductible for tax 7 7 Lease liabilities 934 (151) 783 Post-employment obligations - pension (423) 8 (45) (460) Property, equipment, technology-based and other intangible assets (2,103) (32) (2,135) Indefinite-lived intangible assets (73) (73) Other deferred tax liabilities (60) (12) (72) Total recognized deferred income tax assets (liabilities) (25) 47 (45) (23) 47
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