SECTION 6  Tax 6.2  Deferred tax DEFERRED TAX SPECIFICATION OF DEFERRED TAX ASSETS AND LIABILITIES DKK million 2013 2012 Deferred tax at 1 January, net 8 -4 Joint taxation contribution -22 -20 Recognised in other comprehensive income 1 1 Recognised in the income statement 43 31 Deferred tax at 31 December, net 30 8 Deferred tax assets Deferred tax liabilities DKK million 2013 2012 2013 2012 Property, plant and equipment - - 4 8 Provisions and retirement benefit obligations 38 23 - - Tax losses etc. 16 13 20 20 Total before set-off 54 36 24 28 Set-off -24 -28 -24 -28 Total after set-off 30 8 - - Deferred tax assets and liabilities  at 31 December 30 8 - - Expected to be used as follows Within 12 months after the end of the reporting period 2 2 - - More than 12 months after the  end of the reporting period 28 6 - - Total 30 8 - - Carlsberg Group Annual Report 2013 Of the total deferred tax assets recognised, DKK 16m  (2012: DKK 13m) relates to tax loss carryforwards, the  utilisation of which depends on future positive taxable  income exceeding the realised deferred tax liabilities. Not recognised tax assets amount to DKK 78m (2012:  DKK 80m). These relate primarily to tax losses which are not expected to be utilised in the foreseeable future. Carlsberg A/S recognises deferred tax  assets, including the tax base of tax  loss carryforwards, if management as- sesses that these tax assets can be offset  against positive taxable income in the  foreseeable future. This judgement is  made annually and based on budgets  and business plans for the coming years,  including planned commercial initiatives. As the administrative company, Carlsberg A/S has  unlimited and joint legal responsibility with the other  companies under the joint taxation scheme for with- holding taxes on dividends, interests and royalties. On payment of joint taxation contributions, the cur- rent Danish corporation tax is allocated between the  Danish jointly taxed companies in proportion to their  taxable income. Companies with tax losses receive  joint taxation contributions from other companies  that have used the tax losses to reduce their own tax- able profit (full absorption). Danish subsidiaries are included in the joint taxation  from the date when they are included in the consoli- dated financial statements and up to the date when  they are excluded from the consolidation. Carlsberg A/S is the administrative company and  is subject to the Danish rules on mandatory joint  taxation of the Carlsberg Group’s Danish compa- nies. Carlsberg accordingly pays all income taxes to  the tax authorities under the join taxation scheme.  The jointly taxed Danish companies are taxed  under the on-account tax scheme. 6.2  ACCOUNTING POLICIES 6.2  SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGEMENTS Parent Company SECTION 6: TAX 153