NOTES TO THE INCOME STATEMENT

8. Income taxes
Income taxes 2016 2015
Income tax on ordinary operations -1.4 -1.4
Tax for previous financial periods 0.1 -0.1
Change in deferred tax liabilities and assets -3.1 1.2
Income tax on ordinary operations -4.4 -0.3
Cumulative tax rate reconciliation
Accounting profit/loss before taxes 0.9 2.2
Deferred tax at parent company's tax rate -0.2 -0.4
Effect of different tax rates applied to foreign subsidiaries 0.7 -0.1
Share of associates' results -0.2 0.6
Tax-exempt income 0.2 -0.0
Non-deductible expenses -0.0 -0.3
Use of tax losses not recognised earlier - 0.1
Unrecognised tax on the losses for the financial period -2.7 0.0
Tax for previous financial periods 0.1 -0.1
Adjustments concerning previous financial periods -2.2 -0.0
Effect of change in tax rate -0.0 -0.0
Tax expenses in the income statement -4.4 -0.3