Saab 2012 Annual Report Download - page 91

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NOTE 14 Appropriations
Parent Company
MSEK 2012 2011
Buildings and land 16 17
Plant and machinery as well as equipment, tools
and installations 17 40
Total difference between tax depreciation and
depreciation according to plan 33 57
Tax allocation reserve -514 -350
Total -481 -293
NOTE 15 Taxes
Tax recognised through profit or loss
Group
MSEK 2012 2011
Current tax expense (-)/tax income (+)
Taxes for the year -557 -442
Adjustment for taxes related to previous years -14 18
Total -571 -424
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences 159 -186
Deferred tax related to value of tax loss
carry forwards capitalised during the year 39 48
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards -17 -2
Deferred tax related to previous years 23 -2
Total 204 -142
Total recognised tax in the Group -367 -566
e Group’s overall deferred tax amounts to   (-) and current tax
expense for the year amounts to  - (-), producing a total recog-
nised tax of  - (-) in the consolidated income statement. e table
“Change in deferred tax in temporary dierences and tax loss carry forwards”
for the Group, on page , species how deferred tax aects income.
Parent Company
MSEK 2012 2011
Current tax expense (-)/tax income (+)
Taxes for the year -411 -278
Adjustment for taxes related to previous years -23 -
Total -434 -278
Deferred tax expense (-)/tax income (+)
Deferred tax related to temporary differences -88 -184
Deferred tax expense due to utilisation of previously
capitalised tax value in tax loss carry forwards - -
Deferred tax related to previous years 23 -
Total -65 -184
Total recognised tax in the Parent Company -499 -462
Reconciliation of effective tax
Group
MSEK 2012 (%) 2012 2011 (%) 2011
Income before taxes 1,906 2,783
Tax according to current tax
rate for the Parent Company -26.3 -501 -26.3 -732
Effect of other tax rates for
foreign operations -0.1 -2 0.6 15
Effect of changed tax rate in
Sweden 7.3 140 - -
Non-deductible expenses -5.6 -106 -4.9 -135
Tax-exempt income 6.5 124 10.1 280
Tax on additional, uncapital-
ised tax loss carry forwards -0.3 -7 -0.4 -12
Tax related to previous years -0.7 -14 0.6 18
Other -0.1 -1 - -
Reported effective tax -19.3 -367 -20.3 -566
e reduction in a liability for a conditional consideration and operations
divested during the year generated tax-exempt gains totalling   ().
In connection with dividends from Group companies in certain non-Euro-
pean countries, taxation may exceed normal company tax. e dividend paid
to shareholders has no tax consequences.
Parent Company
MSEK 2012 (%) 2012 2011 (%) 2011
Income before taxes 1,464 2,051
Tax according to current tax
rate for the Parent Company -26.3 -385 -26.3 -539
Tax allocated to permanent
establishment offshore -0.2 -3 - -
Non-deductible expenses -7.3 -107 -6.8 -140
Tax-exempt income 2.0 29 10.6 217
Effect of changed tax rate in
Sweden -2.3 -33 - -
Reported effective tax -34.1 -499 -22.5 -462
FINANCIAL INFORMATION > NOTES
SAAB ANNUAL REPORT 2012 87