Annual Report 2011 - T-Hrvatski Telekom

96
Consolidated financial statements
b) Reconciliation of the taxation charge to the income tax rate
Profit before taxes
2011
HRK millions
2,255
2010
HRK millions
2,275
Income tax at 20% (domestic rate)
Dividends received and incentives
Tax for previous years
Entertainment expenses and car usage
Other
451
(1)
(14)
2
6
455
(2)
(12)
3
0
Taxation
444
444
Effective tax rate
19.69%
19.52%
Components and movements of deferred tax assets
and liabilities are as follows:
31 December
2011
HRK millions
Charge to
statement of
comprehensive
income
HRK millions
31 December
2010
HRK millions
Charge to
statement of
comprehensive
income
HRK millions
31 December
2009
HRK millions
Deferred tax asset
Non-tax deductible value
adjustments
Property, plant and equipment write
down
Accrued interest on legal cases
Deferred revenue from connection
fees
22
9
6
-
3
(3)
0
(11)
19
12
6
11
7
(4)
6
(4)
12
16
-
15
Other
11
2
9
6
3
Deferred tax assets
48
(9)
57
11
46
Charge to
other
comprehensive
income
HRK millions
Actuarial gains and losses
4
(3)
7
1
6
Total deferred tax assets
52
(12)
64
12
52