Deferred tax SPECIFICATION OF DEFERRED TAX ASSETS AND LIABILITIES DKK million 2013 2012 Deferred tax at 1 January, net 8,512 8,453 Adjustments to previous years -2 -43 Recognised in other comprehensive income 188 -194 Recognised in the income statement -243 343 Change in tax rate -108 27 Foreign exchange adjustments -685 -74 Deferred tax at 31 December, net 7,662 8,512 Specified as follows Deferred tax liabilities 8,837 9,682 Deferred tax assets -1,175 -1,170 Deferred tax at 31 December, net 7,662 8,512 Deferred tax assets Deferred tax liabilities DKK million 2013 2012 2013 2012 Intangible assets 735 503 7,209 7,917 Property, plant and equipment 306 440 2,488 2,536 Current assets 160 109 45 52 Provisions and retirement benefit obligations 686 862 71 261 Fair value adjustments 29 28 165 150 Tax losses etc. 1,414 1,576 1,014 1,114 Total before set-off 3,330 3,518 10,992 12,030 Set-off -2,155 -2,348 -2,155 -2,348 Deferred tax assets and liabilities  at 31 December 1,175 1,170 8,837 9,682 Expected to be used as follows Within 12 months after the end of the reporting period 319 222 558 507 More than 12 months after the  end of the reporting period 856 948 8,279 9,175 Total 1,175 1,170 8,837 9,682 DEFERRED TAX ASSETS AND DEFERRED TAX LIABILITIES Consolidated financial statements SECTION 6: TAX 115 Carlsberg Group Annual Report 2013