Page 66 - Mantena Annual Report 2021

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
Effect of differences not included in temporary differences Other items
Effective tax rate
- - -40,920 12,878 - -
- -
-302,592 58,515 -66,570 12,874
16 5 25,634 - - -1
14% 22%
- 44,058 25,015 - 1,500 - 157,300 - 53,183 - 166,245 -
79,021 - - -
Tax expenses for the year are as follows:
2021
2020
Tax expenses
-40,920
12,878
Tax payable in the balance sheet is as follows
2021
2020
Tax payable on the balance sheet
-
-
Reconciliation from nominal to actual tax rate
2021
2020
Tax effect of the following items
2021
2020
Tax expenses
-40,920
12,878
Breakdown of the tax effect of temporary differences and loss carry-forwards
2021
2020
Asset
Liability
Asset
Liability
Operating equipment
Goods 32,815 Receivables 1,500
Pension liability Provision for liability Loss carried forward
Net deferred tax assets (22%) Reversal of assessed deferred tax
Deferred tax assets are posted on the basis of future income.
-
167,300 135,816 228,233
119,941 -
20,479 - - - - -
- -
Total gross temporary differences
565,663
20,479
403,244
44,058
Net temporary differences
545,184
-
359,185
-
Net recognised tax assets
119,941
-
79,021
-
66 Annual Report 2021