"Reconciliation of Accounting Profit to Taxable Income/(Loss) and Tax Payable - FY2015"

Year,"AGL Energy
Limited ($ million)","AGL Generation
Holdco ($ million)"
"Statutory income/(loss) before tax (Note 1)",333.9,(1.5)
"<em> Add: </em>",,
"Accounting impairments",341.1,
"Accounting amortisation of intangible assets",29.2,
"Acquisition costs",93.6,
"Accounting provisions",279.7,
"Excess taxable income from associates and JVs",7.8,
"Fair value movements of financial instruments",,41.6
Other,,4.7
"<em> Less: </em>",,
"Exploration deductions",(41.0),
"Fair value movements of financial instruments",(280.7),
"Carbon tax liability",(33.1),(103.7)
"Interest capitalised  for accounting purposes",(23.9),
"Other, including R&D expenditure",(7.9),
"Capitalised accounting expenditure deductible for tax purposes (including repairs and maintenance and overburden)",,(137.6)
"Tax depreciation in excess of accounting depreciation",(82.1),(84.3)
"<strong> Taxable Income / (Loss) </strong>","<strong> 616.6 </strong>","<strong> (280.8) </strong>"
"Gross tax payable",185.0,
"Tax offsets (for R&D and franking credits)",(0.1),
"<strong> Income Tax Paid </strong>","<strong> 184.9 </strong>",

"Note 1:"
" "
"GRI Reference: NA"