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## 27. Deferred Income Tax 

The deductible and taxable temporary differences in respect of which deferred tax has been recognised are as follows: 

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Deferred income tax assets have been recognised in respect of all deductible temporary differences, with the exception of some tax loss carryforwards. The amount of tax losses where recovery is not probable and is therefore not recognised in the Consolidated Balance Sheet is €378 million (2011: €376 million). The vast majority will expire post 2017 (2011: 2016). 

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