---
title: "Summary"
description: "The summary summarizes the calculation of deferred taxes and can be used as a posting template. Both the balances and the value movements (P&L/OCI) are displayed. The current taxes are not shown in this dialog."
source_url: https://support.lucanet.com/en/documentation/income-taxes/income-taxes/company/deferred-taxes/result-sheet
language: en
last_updated: 2026-05-28
---
# Summary

## Overview

The **summary** summarizes the calculation of deferred taxes and can be used as a posting template. Both the balances and the value movements **(P&L/OCI)** are displayed. The current taxes are not shown in this dialog.

The summary is divided into the following table areas:

- Deferred taxes summary
- Comprehensive Income
- Deferred taxes (current period)/Deferred taxes (prior period)
- Change in deferred taxes (without corrections)

## Navigation

The **Summary** workspace can be found under **Company | Deferred Taxes | Summary**.

The **Summary** workspace is displayed, for example, as follows:

![Workspace 'Deferred taxes summary'](https://support.lucanet.com/assets/docs-images/income-taxes/income-taxes/company/deferred-taxes/result-sheet/_images/en/workspace-summary.png)
Workspace 'Deferred taxes summary'

## Areas in the 'Summary'

The **Summary** is divided into areas, which are described in the table below.

> **Note:** The **Summary** can be structured for individual companies and may display additional areas.

The following areas are displayed in the **Summary**:

### Deferred Taxes

The top table area consists of the following five columns:

#### Current period

The data source is shown in detail in the **Deferred taxes (current period)** table area \[bottom row: **Total**\].

#### Additions and disposals

**Data source**: [Others](https://support.lucanet.com/en/documentation/income-taxes/income-taxes/company/deferred-taxes/other-def-taxes-ind-company.md) workspace

#### Adjustment of Prior Periods

Data source: [Others](https://support.lucanet.com/en/documentation/income-taxes/income-taxes/company/deferred-taxes/other-def-taxes-ind-company.md) workspace

**Areas**:

- Other
- Prior year adjustments – OCI
- Adjustments GTC DT opening balances

#### Prior period

The data source is shown in detail in the table area **Deferred taxes (prior period)** \[bottom row: **Total**\]

#### Change

Difference between Prior Period \[4\] and Current Period \[1\] – incl. corrections

### Other Comprehensive Income

The individual categories of **Other Comprehensive Income** are created and managed in the **Administration** master data workspace. Based on the assignment made in the [CoA Group](https://support.lucanet.com/en/documentation/income-taxes/income-taxes/master-data-income-taxes/coagroups.md) master data workspace, **Income Taxes** assigns the OCI effects to the individual categories. The result is displayed in a separate area in the **Summary**.

### Deferred Taxes (Current Period)/Deferred Taxes (Prior Period)

The **Deferred taxes (current period) / Deferred taxes (prior period)** table area shows the composition of deferred taxes based on the individual workspaces (e. g. **LCF** and **IFRS - Local GAAP** workspaces in the balance sheet comparison).

The **Deferred taxes (current period)** or **Deferred taxes (prior period)** area is displayed, for example, as follows:

![Deferred taxes for the current period/the prior period in the income statement](https://support.lucanet.com/assets/docs-images/income-taxes/income-taxes/company/deferred-taxes/result-sheet/_images/en/deferred-taxes-currenprev-period-.png)
Deferred taxes for the current period/the prior period in the income statement

The following results are displayed, among others, in the **Deferred taxes (current period)** and **Deferred taxes (prior period)** areas:

| Row | Data source/Description |
|---------|---------|
| Total deferred tax assets and liabilities from B/S Comparison - Netting | Netting of effects calculated in opposite directions across workspaces (e. g. **IFRS - Local GAAP** and **Local GAAP - Tax Balance**) for the same balance sheet item. Not to be confused with the cross-item netting of deferred tax assets and liabilities. |
| Unrecognised deferred tax assets (tax losses/tax credits) | Allowances from the **LCF** workspace. Not to be confused with the allowance of deferred tax assets from the balance sheet comparison. |
| Other deferred tax assets and liabilities | **Data source**: **Other (Deferred Taxes)** workspace  **Area**: Changes to the accrual area |
| Valuation allowance on other deferred taxes | **Data source**: **Other (Deferred Taxes)** workspace  **Area**: Valuation allowance on other deferred taxes  Entry of allowances for the excess of deferred tax assets from the balance sheet comparison |
| Offsetting | Offsetting of deferred tax assets and liabilities in consideration of the maturity. Long-term deferred tax assets are netted with long-term deferred tax liabilities. |

### Change in deferred taxes (without corrections)

In the [Companies](https://support.lucanet.com/en/documentation/income-taxes/income-taxes/master-data-income-taxes/companies.md) master data workspace, the **Deliver deferred taxes** option can be activated. In this case, the disposal and addition of deferred taxes will each be displayed in the **Summary**. This topic is relevant, among others, for local balance periods in connection with tax group members.