Anders Hedin Invest Årsredovisning 1
NOTE 12 PROFIT FROM PARTICIPATIONS IN ASSOCIATED
COMPANIES Ripam Invest AB Consensus Asset Management AB Holmvägen Industripark AB Total NOTE 13 TAX ON PROFIT FOR THE YEAR 1/1/2017 - 12/31/2017 Current tax Current tax on profit for the year Deferred tax Total Deferred tax relates mainly to depreciation of tangible fixed assets. Reconciliation of effective tax Profit before tax Tax according to the applicable tax rate for the parent company (22%) Effect of foreign tax rates Tax attributable to previous years Non-deductible costs Non-taxable income Tax effect of changed tax rate Utilization of previously unlisted deficits Flat rate on allocation reserves Other permanent differences -33,389 -33,389 -7,583 -40,972 -42,776 -42,776 -9,690 -52,466 1/1/2016 - 12/31/2016 1/1/2017 - 12/31/2017 252 2,247 2,060 4,559 1/1/2016 - 12/31/2016 1,570 -713 0 857 56,972 825,298 -12,534 -1,258 109 -6,312 925 -477 0 -61 -21,364 -40,972 NOTE 14 EXCHANGE RATE DIFFERENCES Exchange rate differences have been recognized in the income statement in the following manner; Other operating income Other operating expenses Financial income Financial expenses Total 1/1/2017 - 12/31/2017 5,628 -3,061 936 -3,118 385 1/1/2016 - 12/31/2016 3,088 -4,969 0 -31 -1,912 -181,566 -3 0 -744 128,825 0 429 -47 640 -52,466 ANDERS HEDIN INVEST AB / ANNUAL REPORT / 2017 89