14. Deferred tax assets and liabilities

Deferred taxes 2019


EUR 1,000
1.1.2019 Translation
differences
Recognised in
income
statement
31.12.209






Deferred tax assets

Capital allowances in the India subsidiary 566 -3
563

Pension obligations and impairment losses in the India subsidiary



Total 566 -3
563






Deferred taxes 2018

EUR 1,000
1.1.2018 Translation
differences
Recognised in
income
statement
31.12.2018






Deferred tax assets

Capital allowances in the India subsidiary 589 -23
566

Pension obligations and impairment losses in the India subsidiary



Total
589 -23
566


















Items for which the Group has not recognised a deferred tax asset
EUR 1,000

2019 2018






Deductible temporary difference for which no deferred asset has been recognised


Tecnotree's product development costs not deducted in its taxation * 71,282 71,282
*) Tecnotree Oyj has research and development costs not deducted in its taxation. The amount can be deducted over an indefinite period with amounts that the company may freely decide.






Other deductible temporary differences 4,853 2,418
Tax losses in Brazil
197
Items for which the Group has not recognised a deferred tax asset because of the uncertainty about utilising them, total 76,135 73,897






Undistributed profits of foreign subsidiaries, for which no deferred tax liabilities have been recognised since distribution is not likely in the forseeable future
86