Annual Report 2006 (pdf) - EuroMaint Rail

E u r o M a i n t A n n u a l R e p o r t 2 0 0 6
Notes
Note 8
Intangible assets
Accumulated cost, SEK thousands 2006 2005
Goodwill Customer Total Goodwill Customer Total
relations
relations
Opening balance 30,195 14,063 44,258 0 0 0
Business combinations 0 0 0 30,195 15,000 45,195
Amortisation 0 -1,875 -1,875 0 -938 -938
Closing balance 30,195 12,188 42,383 30,195 14,062 44,258
Goodwill is attributable to the acquisition of EuroMaint Industry AB.
This goodwill was tested to determine any write-down requirement on 31 December 2006.
Note 9
Net financial revenues/expense
SEK thousands Group Parent company
2006 2005 2006 2005
Interest revenues 2,168 785 13,588 163
Net exchange rate fluctuations 933 131 – –
Financial revenues 3,101 916 13,588 163
Interest expenses -11,078 -11,645 -11,595 –
Net exchange rate fluctuations -569 -155 – –
Financial expenses -11,648 -11,800 -11,595 0
Net financial revenues/expense -8,546 -10,884 1,993 163
Note 10 Tax
SEK thousands Group Parent company
2006-01-01 2005-01-01 2006-01-01 2005-01-01
2006-12-31 2005-12-31 2006-12-31 2005-12-31
Current tax -15,459 -1,971 -850 –
Deferred tax -5,883 -8,405 – -46
Total -21,342 -10,376 -850 -46
Differences between the recorded tax and calculated tax based on the prevailing tax rate comprise the following components:
Group, SEK thousands
Difference with calculated tax 2006-01-01 2005-01-01
at prevailing tax rate 2006-12-31 2005-12-31
Recorded pre-tax profit/loss 91,581 102,840
Tax in accordance with prevailing tax rate, 28% -25,643 -28,795
Effects of non-taxable revenues
and non-deductible expenses
Non-deductible expenses -6,752 -9,187
Cancellation of excess depreciation/amortisation -3,945 -3,945
Non-taxable revenues 10,225 9,478
Valuation of loss carry-forward and previously
non-recognised temporary differences 4,772 22,074
Total -21,342 -10,375
The Group’s average tax for 2006 amounts to 23% of the taxable profit.
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