Annual report 2012 - Comrod

Annual report 2012 73/92Strategies and values | Group | Parent company | Corporate governance | ContactFinancial statement Notes Auditors reportnote 7 - Income tax(NOK) 2012 2011Tax expense of the year appears as following:Tax directly posted to equity -441 498 -54 126Recognised change in deferred tax -2 705 926 12 255Correction tax from last year 334 504Tax expenses for the year -3 147 424 292 633Reconciliation of actual vs calculated tax expenses:Tax expenses for the year -3 147 424 292 63328% of net income before tax -9 646 580 -3 024 335Difference 6 499 156 3 316 968Tax effect on dividend not taxable in Norway 23 500Correction tax from last year 334 504Other permanent differences 6 499 156 2 958 9646 499 156 3 316 968Tax payable in tax expenses for the year appears as following:Net income before tax -34 452 071 -10 801 196Permanent differences 23 211 272 10 776 771Recognised change in temporary differences -168 882Change in temporary differences posted directly to equity 1 576 778 193 307Basis tax payable -9 664 021 0Payable tax regarding net income of the year 0 0Deferred tax assets and deferred tax liabilities:Deferred tax assetsTax losses carry forward 2 705 926 0Deferred tax assets - gross 2 705 926 0Net recognised deferred tax liabilities (-) 2 705 926 073