Deferred  income taxes reflect the net tax impact of temporary differences between the value of assets and liabilities for  accounting  and tax purposes. The main components of the deferred tax expense and deferred tax assets and liabilities  were  as follows: Consolidated statements  of financial position Consolidated statements  of income As at September 27,  2014 As at  September 28,  2013 (Restated - note 3) 2014 2013 (Restated - note 3) Accrued expenses, provisions and other reserves that are tax-deductible only at the time of disbursement  4.8  2.9  1.9  5.3 Deferred tax losses  3.6  1.7  1.9  0.1 Inventories  (9.5)  (9.2)  (0.3)  0.2 Excess of tax value over net carrying value of buildings under finance leases  4.5  4.7  (0.2)  (0.5) Employee benefits  21.1  16.6  (1.3)  (0.7) Investment in an associate  (33.4)  (27.4)  (6.0)  12.3 Excess of net carrying value over tax value Fixed assets  (8.4)  1.4  (5.8)  11.0 Investment properties  0.7  0.8  (0.1)  — Intangible assets  (55.2)  (56.0)  0.8  — Goodwill  (32.3)  (27.8)  (4.5)  (4.0) (104.1 )  (92.3)  (13.6)  23.7 Deferred tax assets  58.1  56.6 Deferred tax liabilities  (162.2)  (148.9) (104.1 ) (92.3 ) Notes to consolidated financial statements  September 27, 2014 and September 28, 2013 (Millions of dollars, unless otherwise indicated) - 60 -