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Notes to the Accounts

22 Taxes
               
           
EURm         2010 2009
Profit before tax         1,320 825
             
Tax calculated at parent company's tax rate         -343 -214
Different tax rates on overseas earnings         0 1
Income not subject to tax         55 29
Expenses not allowable for tax purposes         -7 -4
Consolidation procedures and eliminations         83 0
Tax losses for which no deferred tax asset has been recognised         -1 -1
Changes in tax rates         - 0
Share of associate's other comprehensive income            
Tax from previous years         -3 5
Total         -217 -184
               
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