69
127(±27+(523(5$7,1*,1&20(
Group Parent
2017 2016 2017 2016
Other operating income 129 109 0 0
Total 129 109 0 0
NOTE 11 – FINANCIAL ITEMS
Group Parent
2017 2016 2017 2016
Interest income 11 6 - -
Share of profit in associated companies 10 10 - -
Other financial income 3 0 - -
Group contributions - - 67 63
Financial income 24 16 67 63
Interest expenses -112 -159 -5 -0
Changes in exchange rates -9 -7 -1 -0
Other financial expenses -23 -20 -3 -4
Financial expenses -144 -186 -9 -4
Net financial items -120 -170 58 59
127(±7$;(;3(16(6
Tax expenses for the year
Group Parent
2017 2016 2017 2016
Current tax -409 -453 -1 -5
Deferred tax -45 48 3 -
Total -454 -405 2 -5
Determination of the current tax expense
The Group’s weighted average underlying tax rate is approximately 27–28 percent. The Group’s weighted average tax rate for
2017, based on the tax rates in each of the various countries involved, was 27 percent. The tax rate in Sweden is 22 percent (22).
Group Parent
2017 2016 2017 2016
Profit before taxes 1,666 1,445 -11 -14
Weighted average tax rate
based on the tax rates in each country -400 -384 2 3
Tax effect of non-deductible expenses -17 -22 -3 -3
Tax effect of tax-exempt income 13 12 - -
Effect of deficit deductions not carried forward -70 -28 - -
Effect of tax rate changes 35 2 - -
Adjustment for current tax for previous years -15 15 3 -5
Tax expense -454 -405 2 -5