Annual Report 2010 - Scana Industrier ASA

88Annual Report 2010 Scana Industrier ASA2010 2009Breakdown of basis for deffered tax:Fixed assets 500 -197Receivables 0 0Derivatives -14 486 -5 324Gain and loss account -157 -196Tax liablilities dividend Sweden 0 2 420Tax loss/credit carry forwards 0 -42 575Total temporary differences -14 143 -45 87328% deffered tax -3 960 -12 844Deferred tax with the above basis are recognised as:Deferred tax assets 3 960 12 844Recognised deferred tax assets are based on estimates of future earnings in NorwayThe right to carry forward uncovered losses expires as follows:No limit 0 9 382Limits linked to dividend payments to carry forward that fall due in 2013 0 33 193Tax booked directly against equity:Net investment 4 761 -11 161Total 4 761 -11 161Note 5. Shareholders’ equityShare Share premiumShare premium/ premium non-registered Share holders’Share capital own shares in capital in capital equity EgenkapitalShareholders’ equity at 31 Dec. 2009 209 167 -141 112 554 134 894 456 473Profit/loss for the year -64 519 -64 519Share option programme 1 140 0 1 140Change in market value on cash flow hedges 1 403 1 403Net investment 4 761 4 761Allocation of own shares 34 34Share capital increase 450 1 890 0 2 340Shareholders’ equity at 31 Dec. 2010 209 617 -141 1 890 113 694 76 572 401 632Note 6. Guarantees2010 2009Parent company and other 115 148 139 782Note 7. Related-party transactionsNOK 37 529 of the operation revenues for the year relate to costs charges to subsidiaries, including costs for group assistance and royalties.NOK 21 730 of the net financial items for the year is interest from group companies and NOK 4 200 is interest to group companies.See note 22 in the group accounts