Addnode Group Annual Report 2015 | Página 56

ANNUAL REPORT Notes
NOTE 12 TAX
Group
Parent Company 2015 2014 2015 2014
Current tax on profit for the year
– 18,790
– 15,784
—
—
Adjustments pertaining to previous years
– 7
893
—
—
Deferred tax
– 10,287
– 14,627
– 11,699
– 1,045
( see Note 13 )
– 29,084
– 29,518
– 11,699
– 1,045
Total
Tax attributable to the subcomponents of other comprehensive income for the Group in 2015 totalled SEK 91 thousand and pertained solely to actuarial gains and losses on pension obligations . Tax attributable to the subcomponents of other comprehensive income for the Group in 2014 totalled SEK 9 thousand and pertained solely to cash flow hedges , of which SEK 0 pertained to remeasurement to fair value and SEK 9 thousand pertained to revaluation transferred to profit or loss .
The difference between tax calculated at the nominal Swedish tax rate on profit after tax and effective tax according to the income statement is as follows :
Group Parent Company 2015 2014 2015 2014
Profit before tax
124,570
129,755
84,131
68,568
Tax calculated according to nominal Swedish tax rate of 22 % ( 22 )
– 27,405
– 28,546
– 18,509
– 15,085
Non-deductible expenses
– 2,010
– 8,117
– 5,665
– 6,303
Dividends from Group companies
—
—
12,092
9,723
Other tax-exempt income
449
8,063
380
10,397
Utilisation of loss carryforwards and temporary differences for which deferred tax assets were previously capitalised
140
618
3
223
Increase in deferred tax assets for loss carryforwards
2,926
—
—
—
Increase in loss carryforwards and temporary differences for which no deferred tax assets were capitalised
– 820
– 1,016
—
—
Revaluation of deferred tax assets and deferred tax liabilities due to changes in foreign tax rates
– 31
116
—
—
Effect of foreign tax rates
– 2,326
– 1,529
—
—
Adjustments pertaining to previous years
– 7
893
—
—
Tax according to income statement
– 29,084
– 29,518
– 11,699
– 1,045
A determination of the future opportunities to utilise tax loss carryforwards against taxable surpluses is made in connection with every year-end book-closing . The determination in connection with the book-closing as at 31 December 2015 entailed the recognition of a deferred tax recoverable pertaining to loss carryforwards in the amount of approximately SEK 2.9 m in the consolidated income statement for 2015 ( see also Note 13 ). Non-deductible expenses for the Group in 2014 included goodwill impairment , and tax-exempt revenue included revaluations of contingent consideration for acquired companies reported in the consolidated income statement .
Non-deductible expenses for the Parent Company include impairment of the value of participations in Group companies for both 2015 and 2014 , and tax-exempt revenue in 2014 included a reversal of previous impairment of the value of participations in Group companies .
NOTE 13 DEFERRED TAX
Deferred tax assets and deferred tax liabilities pertain to temporary differences and tax loss carryforwards . Temporary differences exist for cases in which the carrying amount and tax values of the assets and liabilities are different . Deferred tax assets pertaining to tax loss carryforwards or other tax deductions are recognised only to the extent that it is likely that the deductions can be offset against surpluses in conjunction with future taxation .
Deferred tax assets and deferred tax liabilities pertain to temporary difference and tax loss carryforwards on the respective balance sheet dates as follows :
Group Parent Company 2015 2014 2015 2014
DEFERRED TAX ASSETS
Intangible non-current assets
2,768
4,583
—
—
Property , plant and equipment
708
601
—
—
Temporary differences in receivables and liabilities
1,169
417
44
79
Loss carryforwards
8,247
15,539
821
12,485
Total deferred tax assets
12,892
21,140
865
12,564
DEFERRED TAX LIABILITIES
Capitalised costs for development work
8,420
5,558
—
—
Trademarks , customer agreements , software , etc .
31,622
24,320
—
—
Untaxed reserves
7,443
6,621
—
—
Total deferred tax liabilities
47,485
36,499
—
—
Deferred tax assets and
deferred tax liabilities ,
net
– 34,593
– 15,359
865
12,564
56