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Notes for P&L

Not 30 Income tax

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

  2025 2024
Current tax on profit for the year -13,867 -9,947
Tax expenses recognised in the income statement -13,867 -9,947
     
Reconciliation of the effective tax rate    
Profit before tax 67,019 48,233
Tax on profit for the year at the applicable tax rate of 20.6% (20.6%): -13,806 -9,936
Tax effect of:    
Non-taxable income -37 50
Non-deductible expenses -25 -61
Recognised tax -13,867 -9,947
     
Average effective tax rate -20,7% -20,6%

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