Notes to the Consolidated Financial Statement

 

12. Income taxes

€ 000

2011

2010

Current tax

642

4,362

Taxes from previous periods

-2

48

Deferred tax

-1,320

-159

Total

-680

4,251


Reconciliation between the tax expenses in the income statement and taxes calculated at the tax rate valid in the Group's home country (26 per cent):

€ 000

2011

2010

Earnings before tax

-23,131

15,726

 

 

 

Taxes calculated at the domestic corporation tax rate

-6,014

4,089

Deviating tax rates of foreign subsidiaries

80

-1

Income not subject to tax

-162

-21

Non-deductible expenses

5,533

49

Tax effect of dissolution losses

-101

219

Other items

-13

-131

Taxes for the period in the income statement

-2

48

Total

-680

4,251

 

 

 

Taxes for the period in the income statement

-680

4,251