Note 10 - Taxes

	Group			Parent Company
	2006/07	2007/08	2008/09	2006/07	2007/08	2008/09
Current tax
Current tax on net profit for the year	– 58,345	– 37,670	—	– 58,798	– 37,670	—
Adjustments of current tax from preceding year	– 260	—	—	– 378	—	—
Total, current tax	– 58,605	– 37,670	—	– 59,176	– 37,670	—

Deferred tax
Deferred tax relating to temporary differences	– 4,559	– 3,064	1,126	560	888	950
Deferred tax revenue in taxable values in losscarry-forwards capitalized during the year	2,461	4,463	7,277	—	—	7,277
Deferred tax expenses as a result of utilizationof previously capitalized taxable values inloss carryforwards	– 878	—	– 6,200	—	—	—
Total, deferred tax	– 2,976	1,399	2,203	560	888	8,227
Recognized effective tax	– 61,581	– 36,271	2,203	– 58,616	– 36,782	8,227

Of deferred tax for the year, SEK 987,000 (neg: 3,449,000) is attributable to a change in untaxed reserves. See also Note 15.

Reconciliation of current tax rate and effective tax rate
	Group			Parent Company
	2006/07	2007/08	2008/09	2006/07	2007/08	2008/09
Recognized earnings before tax	221,108	132,739	– 45,143	209,084	120,925	– 40,510
Tax according to current tax rate for the Parent Company	– 61,910	– 37,167	—	– 58,543	– 33,859	—

Tax effects from:
Effects of foreign tax rates	79	—	—	—	—	—
Non-deductible expenses	– 1,904	– 5,020	– 3,754	– 1,904	– 5,020	– 3,754
Non-taxable income	1,649	1,206	377	1,649	1,206	377
Recording of loss carryforwards	2,461	4,463	10,654	—	—	10,654
Reversal of loss carryforwards	– 878	—	– 6,200	—	—	—
Other items	– 818	247	1,126	560	891	950
Adjustment of current tax attributable to preceding years	– 260	—	—	– 378	—	—
Recognized effective tax	– 61,581	– 36,271	2,203	–58,616	– 36,782	8,227

Tax rates
				2006/07	2007/08	2008/09
Sweden				28%	28%	28%
Finland				26%	26%	26%
Denmark				28%	25%	25%
Norway				28%	28%	28%

The Swedish corporate tax rate has changed from 28% to 26.3% from the fiscal year commencing January 1, 2009.
For information on deferred tax assets and deferred income tax liabilities, refer to Note 15.
Deferred tax was calculated using the new tax rate of 26.3% and generated a positive impact on this year’s taxes of SEK 1,347,000.