Note 13

Taxes

Group Parent Company
2018/2019 2017/2018 2018/2019 2017/2018
Current tax for the period -235.1 -176.5 -58.2 -52.5
Adjustment from previous years -0.8 0.3 - 0.5
Total current tax expense -235.9 -176.2 -58.2 -52.0
Deferred tax 43.0 37.3 -0.4 0.6
Total recognised tax expense -192.9 -138.9 -58.6 -51.4
Group 2018/2019 % 2017/2018 %
Profit before tax 865.2 665.1
Weighted average tax based on national tax rates -192.6 22.3 -144.0 21.7
Tax effects of
Non-deductible costs -6.1 0.7 -5.3 0.8
Non-taxable income 3.1 -0.4 8.6 -1.3
6.7 -0.8 4.2 -0.6
Transaction costs, revaluation contingent considerations acquisitions -3.1 0.4 -1.2 0.2
Changed tax rates/rules -0.9 0.1 -1.2 0.1
Recognised tax expense -192.9 22.3 -138.9 20.9
Parent Company 2018/2019 % 2017/2018 %
Profit before tax 262.1 232.7
Tax based on current tax rate for parent company -57.7 22.0 -51.2 22.0
Tax effects of
Standard interest on tax allocation reserves -0.3 0.1 -0.3 0.1
Non-deductible costs -0.7 0.3 -0.4 0.2
Other 0.1 -0.0 0.5 -0.2
Recognised tax expense -58.6 22.4 -51.4 22.1