9.9.4 Deferred tax assets and liabilities
| Note | Dec 31 2020 | Deferred tax recognised in net profit or loss | Deferred tax recognised in other comprehensive income/(loss) | Exchange differences on translating deferred tax of foreign operations | Dec 31 2021 | |
| Deferred tax assets | ||||||
| Employee benefit obligations | 80.6 | 3.5 | (1.2) | 0.2 | 83.1 | |
| Provisions for/assets related to decommissioning of oil and gas extraction facilities and site restoration | 725.7 | 86.0 | – | 34.8 | 846.5 | |
| Difference between current tax value and carrying amount of settlements under joint operations (Norwegian fields) | 10.8 | (11.4) | – | 0.6 | – | |
| Cash flow hedge accounting | 5.8 | – | 6.8 | – | 12.6 | |
| Tax losses carried forward | 267.2 | (87.7) | – | – | 179.5 | |
| Other | 125.7 | 8.3 | – | – | 134.0 | |
| 1,215.8 | (1.3) | 5.6 | 35.6 | 1,255.7 | ||
| Deferred tax liabilities | ||||||
| Difference between current tax value and carrying amount of property, plant and equipment and intangible assets | 832.2 | 609.2 | – | 33.7 | 1.475.1 | |
| Difference between current tax value and carrying amount of settlements under joint operations (Norwegian fields) | – | 3.7 | – | 0.4 | 4.1 | |
| Difference on accounting and tax measurement of lease contracts | 17.1 | (11.2) | – | (0.1) | 5.8 | |
| Fair value measurement of equity instruments | – | – | (2.3) | – | (2.3) | |
| Other | 126.8 | 10.2 | – | 3.0 | 140.0 | |
| 976.1 | 611.9 | (2.3) | 37.0 | 1,622.7 | ||
| Net deferred tax assets/(liabilities) | 9.9.3 | 239.7 | (613.2) | 7.9 | (1.4) | (367.0) |