annual-and-sustainability-report-2014

Notes to the Parent Company accountsCont. Note 17 Income tax expense1) Chiefly concerns non-deductible impairment losses for shares in N.V. Nuon Energy.Balance broughtforwardChanges viaincome statementBalance carriedforwardBalance sheet reconciliation – Deferred tax 2014 2013 2014 2013 2014 2013Non-current assets -2 -2 — — -2 -2Current assets 6 62 -45 -56 -39 6Provisions -148 -52 14 -96 -134 -148Other non-current liabilities 183 579 78 -396 261 183Current liabilities 148 212 -69 -64 79 148Total 187 799 -22 -612 165 187Note 18 LeasingLeasing expensesFuture payment commitments, as of 31 December 2014 for leasing contracts andrental contracts are broken down as follows:FinanceleasesOperatingleases2015 — 232016 — 222017 — 162018 — 92019 — 32020 and beyond — 2Total — 75Leasing expenses for the year amounted to SEK 23 million (22).Leasing revenuesVattenfall AB owns and operates energy facilities on behalf of customers.Revenues from customers are broken down into two components – a fixedcomponent to cover capital expenses and a variable component based on thequantity delivered.Facilities are classified in accordance with standard leasing principles, basedon the fixed revenue component.On 31 December 2014, the cost of assets reported under Operating leasesamounted to SEK 481 million (563). Accumulated depreciation amounted toSEK 208 million (268), and accumulated impairment losses amounted toSEK 30 million (30).Note 19 Auditors’ fees2014 2013Annual audit assignmentEY 8 7Total 8 7Auditing activities besides the annualaudit assignmentEY — —Total — —Tax consultingEY — —Others 2 —Total 2 —Other assignmentsEY — —Total — —Future payments for this type of facility are broken down as follows:FinanceleasesOperatingleases2015 — 12016 — 12017 — 12018 — 12019 — —2020 and beyond — —Total — 4134 Vattenfall Annual and sustainability report 2014