Saab 2010 Annual Report Download - page 92

NOTE 15
TAXES
Tax recognised through profit or loss
Group
MSEK 2010 2009
Current tax expense (-)/tax income (+)
Taxes for the year -350 -185
Adjustment for taxes related to previous years 2 2
Total -348 -183
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences 312 411
Deferred tax related to value of tax loss
carry forwards capitalised during the year 9 5
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards -276 -515
Deferred tax related to previous years -19 5
Total 26 -94
Total recognised tax in Group -322 -277
Of the deferred tax related to previous years,  - relates to deferred tax
expenses from tax loss carry forwards and   to deferred tax income
from temporary dierences.
e Group’s table, “Change in deferred tax in temporary dierences and
tax loss carry forwards”, on page  species how deferred tax aects income.
e net change in the tax loss carry forwards for the year amounts to
-, which is the sum of the deferred tax on the capitalised tax value of
tax loss carry forwards,  , and the deferred tax expense resulting from
the utilisation of the previously capitalised value of tax loss carry forwards,
-. e remaining amount in the table’s column, “Recognised
through prot or loss”, amounts to  , which is the sum of deferred tax
related to temporary dierences. In total, the Group’s deferred tax amounts to
  (-) and current tax expense for the year to  - (-) which
produce a total reported tax of  - (-) in the consolidated income
statement.
Parent Company
MSEK 2010 2009
Current tax expense (-)/tax income (+)
Taxes for the year -175 -43
Adjustment for taxes related to previous years 17 1
Total -158 -42
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences 8 -161
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards -274 -361
Deferred tax related to previous years -6 4
Total -272 -518
Total recognised tax expense in Parent Company -430 -560
Of the deferred tax attributable to previous years,  - relates to deferred
tax expenses from tax loss carry forwards and   deferred tax related to
temporary dierences. e net change in tax loss carry forwards amounts to
 - (-) and is specied in the Parent Company’s table on page ,
“Change in deferred tax in temporary dierences and tax loss carry for-
wards”.
Reconciliation of effective tax
Group
MSEK 2010 (%) 2010 2009 (%) 2009
Income before taxes - 776 - 976
Tax according to current tax
rate for Parent Company -26.3 -204 -26.3 -257
Effect of other tax rates for
foreign Group companies -2.7 -21 -4.3 -42
Non-deductible expenses -8.4 -65 -3.9 -38
Tax-exempt income 5.8 45 8.2 80
Revaluation of deferred tax
assets from the leasing
portfolio -5.0 -39 - -
Tax on additional, uncapital-
ised tax loss carry forwards -2.3 -18 -0.8 -7
Tax on reduced tax loss
carry forwards due to tax
audit - - -2.8 -28
Tax related to previous years -2.1 -16 0.8 8
Other -0.5 -4 0.7 7
Reported effective tax rate -41.5 -322 -28.4 -277
Parent Company
MSEK 2010 (%) 2010 2009 (%) 2009
Income before taxes - 1,819 - 2,235
Tax according to current tax
rate for Parent Company -26.3 -478 -26.3 -588
Tax related to previous years 0.6 11 0.2 4
Non-deductible expenses -5.0 -92 -22.1 -486
Tax-exempt income 7.1 129 23.3 511
Other - - -0.1 -1
Reported effective tax rate -23.6 -430 -25.0 -560
Operations divested during the year have generated tax-exempt capital gains
totaling   (). In connection with distributions from Group companies
in certain non-European countries, taxation may exceed normal company
tax. e dividend paid to shareholders has no tax consequences.
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2010 89