- Annual report 2007/2008
-
Annual report 2008/2009
- 2008/2009 In brief
- President’s comments
- Hemtex share
- Presentation of operations
- Board of Directors’ report
- Income statements
- Balance sheets
- Changes in consolidated shareholders’ equity
- Changes in Parent Company shareholders’ equity
- Cash-flow statements
-
Notes
- Note 1 - Accounting principles
- Note 2 - Segment reporting
- Note 3 - Other operating income
- Note 4 - Employees and personnel costs
- Note 5 - Fees to auditors
- Note 6 - Depreciation/amortization of tangible and intangible fixed assets
- Note 7 - Exchange-rate differences that affected profits
- Note 8 - Net financial items
- Note 9 - Appropriations
- Note 10 - Taxes
- Note 11 - Earnings per share
- Note 12 - Intangible fixed assets
- Note 13 - Tangible fixed assets
- Note 14 - Financial fixed assets
- Note 15 - Deferred tax assets/deferred tax liabilities
- Note 16 - Prepaid expenses and accrued income
- Note 17 - Shareholders’ equity
- Note 18 - Untaxed reserves
- Note 19 - Liabilities to credit institutions
- Note 20 - Overdraft facilities
- Note 21 - Derivative held for hedging
- Note 22 - Accrued expenses and deferred income
- Note 23 - Pledged assets
- Note 24 - Contingent liabilities
- Note 25 - Leasing fees relating to operational leasing
- Note 26 - Adjustments for non-cash flow items
- Note 27 - Transactions not entailing payment
- Note 28 - Paid interest
- Note 29 - Acquisition of subsidiaries/operations
- Note 30 - Financial risks and risk policies
- Note 31 - Transactions with related parties
- Note 32 - Events after the closing date
- Note 33 - Important estimates and assessments
- Note 34 - Proposed dividend to shareholders
- Note 35 - Information about the Parent Company
- Note 36 - Definitions of key data
- Nine-year summary
- Proposed distribution of earnings
- Audit report
- Board of Directors
- Corporate Governance
- Management
- Hemtex stores
- Information about the AGM
- Annual reports archive
- Annual report 2009
- Annual Report 2010
- Annual Reports archive
Note 15 - Deferred tax assets/deferred tax liabilities
| Group | Parent Company | |||||
| 2006/2007 | Assets | Liabilities | Net | Assets | Liabilities | Net |
| Deferred tax relating to untaxed reserves | — | 13,677 | 13,224 | — | — | — |
| Deferred tax relating to other deductible temporary differences | — | 9,641 | 9,641 | — | 2,240 | 2,240 |
| Deferred tax relating to loss carryforwards | – 3,578 | — | – 3,578 | — | — | — |
| Total | – 3,578 | 22,865 | 19,287 | — | 2,240 | 2,240 |
On May 1, 2006, deferred tax income tax liabilities amounted to SEK 12,746,000. During 2006/2007, deferred net income tax liabilities increased by SEK 6,541,000, of which SEK 4,193,000 pertained to an increase in deferred tax on untaxed reserves and SEK 3,887,000 pertained to an increase in tax on other deductible temporary differences.
In total, as shown above, loss carryforwards including temporary differences in terms of tax and carrying amount on assets amounted to SEK 28,307,000. Of this amount, it is estimated that it will be possible to utilize SEK 12,923,000 during the next three years. The value of this was recognized as SEK 3,578,000. Deferred tax assets increased by SEK 1,539,000.
| Group | Parent Company | |||||
| 2007/2008 | Assets | Liabilities | Net | Assets | Liabilities | Net |
| Deferred tax relating to untaxed reserves | — | 16,677 | 16,677 | — | — | — |
| Deferred tax relating to other deductible temporary differences | — | 9,257 | 9,257 | — | 5,328 | 5,328 |
| Deferred tax relating to loss carryforwards | – 8,154 | — | – 8,154 | — | — | — |
| Total | – 8,154 | 25,934 | 17,780 | — | 5,328 | 5,328 |
On May 1, 2007, deferred net income tax liabilities amounted to SEK 19,287,000. During 2007/2008, deferred net income tax liabilities decreased by SEK 1,507,000, of which SEK 3,453,000 pertained to an increase in deferred tax on untaxed reserves and SEK 384,000 pertained to a reduction in tax on other deductible temporary differences.
In total, as shown above, loss carryforwards including temporary differences in terms of tax and carrying amount on assets amounted to SEK 40,689,000.
| Group | Parent Company | |||||
| 2008/2009 | Assets | Liabilities | Net | Assets | Liabilities | Net |
| Deferred tax relating to untaxed reserves | — | 15,690 | 15,690 | — | — | — |
| Deferred tax relating to other deductible temporary differences | — | 9,146 | 9,146 | — | 4,379 | 4,379 |
| Deferred tax relating to loss carryforwards | – 9,858 | — | – 9,858 | – 7,277 | — | – 7,277 |
| Total | – 9,858 | 24,836 | 14,978 | – 7,277 | 4,379 | – 2,898 |
On May 1, 2008, deferred net income tax liabilities amounted to SEK 17,780,000. During 2008/2009, deferred net income tax liabilities decreased by SEK 2,802,000, of which SEK 987,000 pertained to an increase in deferred tax on untaxed reserves and SEK 1,815,000 pertained to a reduction in tax on other deductible temporary differences.
In total, loss carryforwards including temporary differences in terms of tax and carrying amount on assets amounted to SEK 112,161,000. Of this amount, it is estimated that it will be possible to utilize SEK 36,891,000 during the next three years. The value of this was recognized as SEK 9,858,000. Deferred tax assets increased by SEK 1,704,000.
The new tax rate of 26.3% was used in the calculation of deferred tax claims/liabilities and generated a positive impact of SEK 1,347,000.