(24) Income taxes and deferred taxes

In financial year 2023/2024, EUR 4,339 thousand in tax expenses (previous year: EUR 1,230 thousand) was reported under taxes on income.

The deferred tax assets and liabilities reported in the consolidated statement of financial position relate to the following items:

The income tax expense was made up as follows:

At the end of the reporting period, the Group had corporation tax loss carry-forwards amounting to EUR 101,236 thousand (30 June 2023: EUR 140,236 thousand) and trade tax loss carry-forwards amounting to EUR 64,062 thousand (30 June 2023: EUR 111,098 thousand) for which no deferred tax assets have been recognised. The tax loss carry-forwards have an unlimited carry-forward period.

The expected income tax expense which would theoretically result from applying the weighted average tax rate of 32.81% (previous year: 32.81%) can be reconciled with the actual income tax benefit reported in the consolidated statement of comprehensive income as follows: