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Notes for P&L

Not 8 Income tax

The main components in terms of tax expenses for the financial year are as follows:

Consolidated income statement 2025 2024
Current tax -16,241 -13,481
Change in deferred tax relating to temporary differences 1,629 -117
Total recognised tax -14,612 -13,598
     
Reconciliation of the effective tax rate    
Profit before tax 77,108 65,368
Tax on profit for the year at the applicable tax rate of 20.6% (20.6%) -15,884 -13,466
Tax effect of:    
Non-taxable income 147 70
Non-deductible expenses -191 -173
Tax adjustments - -37
Temporary differences 1,368 -
Effect of different tax rates for foreign subsidiaries -51 8
Recognised tax -14,612 -13,598
Effective tax rate -18,9% -20,8%
     
Temporary differences
Deferred income tax is attributable to:
2025 2024
Right-of-use assets -25,759 -2,423
Tangible assets -22 -22
Lease liabilities 27,513 2,549
Total 1,733 104
     
Recognised as follows in the statement of financial position: 2025-12-31 2024-12-31
Deferred tax assets 1,755 125
Deferred tax liabilities -22 -22
Total 1,733 104
     
Reconciliation of deferred taxes    
Opening balance 104 220
Tax expense/income recognised in the income statement 1,629 -117
Closing balance 1,733 104

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