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Allianz Annual Report 2013

Annual Report 2013    Allianz Group204 Tax losses carried forward Tax losses carried forward at 31 December 2013 of € 9,885  mn (2012: € 10,894  mn)resultedinrecognitionofdeferredtaxassetstotheextent that there is sufficient certainty that the unused tax losses will be utilized. € 8,848  mn (2012: € 9,779  mn) of the tax losses carried forward can be used without time limitation. Taxlossescarriedforwardarescheduledaccordingtotheirexpiry periods as follows: Tax losses carried forward € mn 2013 2014 54 2015 72 2016 132 2017 56 2018 73 2019 111 2020 43 2021 20 2022 65 2023 94 >10 years 317 Unlimited 8,848 Total 9,885

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