11. Income taxes

Notes to the Consolidated Financial Statements

11. Income taxes

€ 000

2015

2014

Current tax

1,626 973

Taxes from previous periods

19 -186

Other items

186 -

Deferred tax

-127 -3

Total

1,704 784
     

Reconciliation between the tax expenses in the income statement and taxes calculated at the tax rate valid in the Group’s home country (20 per cent):

€ 000

2015

2014

Earnings before tax

6,932 3,634

 

   

Taxes calculated at the domestic corporation tax rate

1,386 727

Deviating tax rates of foreign subsidiaries

208 91

Income not subject to tax

-168 -2

Non-deductible expenses

168 215

Tax effect of dissolution losses

75 75

Other items

-43 -3

Taxes for the period in the income statement

- -130

Total

1,626 973

 

   
Current tax 1,626 973