22 Taxes | |||||
EURm | 2013 | 2012 | |||
Profit before tax | 1,668 | 1,622 | |||
Tax calculated at parent company's tax rate | -409 | -397 | |||
Different tax rates on overseas earnings | 19 | -11 | |||
Income not subject to tax | 5 | 4 | |||
Expenses not allowable for tax purposes | -3 | -4 | |||
Consolidation procedures and eliminations | 159 | 183 | |||
Tax losses for which no deferred tax asset has been recognised | -9 | -6 | |||
Changes in tax rates | 22 | 15 | |||
Tax from previous years | -1 | 1 | |||
Total | -216 | -214 |
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