Note 10 - Taxes

	Group			Parent Company
	2007/08	2008/09	2009*	2007/08	2008/09	2009*
Current tax
Current tax on net profit for the year	– 37,670	—	—	– 37,670	—	—
Adjustment of current tax from preceding years	—	—	—	—	—	—
Total current tax	– 37,670	—	—	– 37,670	—	—

Deferred tax
Deferred tax relating to temporary differences	– 3,064	1,126	8,310	888	950	– 1,849
Deferred revenue in taxable values in loss carryforwards capitalized during the year	4,463	7,277	24,567	—	7,277	24,567
Deferred tax expenses as a result of utilization of previously capitalized taxable values in loss carryforwards	—	– 6,200	– 2,557	—	—	—
Total deferred tax	1,399	2,203	30,320	888	8,227	22,718
Recognized effective tax	– 36,271	2,203	30,320	– 36,782	8,227	22,718

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
	2007/08	2008/09	2009*	2007/08	2008/09	2009*
Recognized earnings before tax	132,739	– 45,143	– 151,585	120,925	– 40,510	– 160,560
Tax according to current tax rate for the Parent Company	– 37,167	11,873	39,867	– 33,859	10,654	42,227

Tax effects from:
Effects of foreign tax rates	233	362	– 12	—	—	—
Non-deductible expenses	– 5,020	– 3,754	– 17,660	– 5,020	– 3,754	– 17,660
Non-taxable income	1,206	377	—	1,206	377	—
Revised and unrecognized loss carryforwards	4,230	– 7,781	– 185	—	—	—
Other items	247	1,126	8,310	891	950	– 1,849
Adjustment of current tax attributable to preceding years	—	—	—	—	—	—
Recognized effective tax	– 36,271	2,203	30,320	– 36,782	8,227	22,718

Tax rates
				2007/08	2008/09	2009*
Sweden				28%	28%	26,3%
Finland				26%	26%	26,0%
Denmark				25%	25%	25,0%
Norway				28%	28%	28,0%

The Swedish corporate tax rate 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.

* Pertains to the abbreviated fiscal year May 1–December 31, 2009.