9.9.2 Corporate income tax calculated at effective tax rate and reconciliation of profit before tax to taxable income
| 2021 | 2020 | |
|---|---|---|
| Profit/(loss) before tax | 4,456.5 | (1,652.8) |
| Income tax at 19% | 846.7 | (314.0) |
| Permanent differences: | 10.9 | 49.7 |
| Tax effect of impairment losses on deferred tax assets due to tax losses settled over time | (24.7) | 36.2 |
| Tax effect of tax losses deducted in the period | (1.5) | – |
| Tax effect of share in profit of equity-accounted entities | (0.8) | (0.4) |
| Adjustments disclosed in current year related to tax for previous years | (0.5) | (0.1) |
| Difference resulting from the application of tax rates other than 19%: | 414.6 | (278.0) |
| – Norway | 413.2 | (281.1) |
| – Lithuania | 0.7 | 3.0 |
| – other | 0.7 | 0.1 |
| Income tax | 1,244.7 | (506.6) |
| Effective tax rate | 0.3 | 0.3 |