Restatement

Given the amendment to IAS 12 “Income Taxes”, deferred taxes now need to be reported for transactions resulting – from the first time of recognition – in taxable and deductible temporary differences involving equal amounts. At TX Group, the leases recognised in accordance with IFRS 16 are affected by the amendment. TX Group has therefore recognised deferred tax assets and liabilities for all deductible and taxable temporary differences in relation to right-of-use assets and leasing liabilities. Any asset retirement and restoration obligations were taken into account accordingly when recognising deferred taxes. The aggregate impact of first-time application was recorded in retained earnings. The figures for the previous period were adjusted as a consequence of the restatement. The impact of the restatement on the consolidated statement of comprehensive income, including earnings (EAT) per share, the consolidated balance sheet and the consolidated statement of cash flows is highlighted in the table below.