Page 46 - Mantena Annual report 2019

Mantena AS
NOTE 13 - TAX EXPENSES
Tax payable
Change in deferred tax Effect of change in tax rules
Tax payable for the year
Profit before tax
Expected income tax at nominal tax rate
Other non-deductible costs
Estimate difference, pensions
Effect of changes in tax rules and rates
Effect of differences not included in temporary differences Other items
Effective tax rate
- -
31,990 -5,965 - 5,631
- -
144,476 -28,624 31,785 -6,584
204 500 - - - 5,631 - -207 - 325
22% 1%
- 60,282 6,300 - 500 - 524,706 - 59,479 - 900 - 31,525 -
129,519 - -5,631 - - -
Tax expenses for the year are as follows:
2019
2018
Tax expenses
31,990
-334
Tax payable in the balance sheet is as follows
2019
2018
Tax payable on the balance sheet
-
-
Reconciliation from nominal to actual tax rate
2019
2018
Tax effect of the following items
Tax expenses
31,990
-334
Breakdown of the tax effect of temporary
2019
2018
differences and losses carried forward
Asset
Liability
Asset
Liability
Operating equipment
Goods 18,515 Receivables -
51,979 -
500 -
-
-
-
-
-
-
Pension liability
Provision for liability
Unrealised loss/gain from fixed income funds Loss carried forward
Net deferred tax assets (22%/23%) Effect of changed tax rate
Reversal of assessed deferred tax
Deferred tax assets are posted on the basis of future income.
-
160,860 53,900 - 236,924
91,898 -
-
Total gross temporary differences
470,199
52,480
623,410
60,282
Net temporary differences
417,720
-
563,128
-
Net recognised tax assets
91,898
-
123,888
-
46 Annual report 2019