Note 25 – Deferred tax assets and tax liabilities
| 2017 | |||
| Group | Deferred tax receivable | Deferred tax liabilities | Net |
| Intangible assets | 0 | -20 | -20 |
| Buildings and land | 0 | -1 | -1 |
| Machinery and equipment | 0 | -3 | -3 |
| Inventory | 0 | 0 | 0 |
| Accounts receivable | 1 | – | 1 |
| Other provisions | 0 | 0 | 0 |
| Interest-bearing liabilities | 1 | – | 1 |
| Loss carryforwards | 49 | – | 49 |
| Other 1) | 5 | -19 | -14 |
| 56 | -43 | 13 | |
| Offset | 0 | 0 | 0 |
| Net deferred tax liability | 56 | -43 | 13 |
| 2016 | |||
| Group | Deferred tax receivable | Deferred tax liabilities | Net |
| Intangible assets | 0 | -19 | -19 |
| Buildings and land | 0 | -1 | -1 |
| Machinery and equipment | 0 | -4 | -4 |
| Inventory | 0 | 0 | 0 |
| Accounts receivable | 1 | – | 1 |
| Other provisions | 0 | 0 | 0 |
| Interest-bearing liabilities | 2 | – | 2 |
| Loss carryforwards | 47 | – | 47 |
| Other 1) | 2 | -20 | -18 |
| 52 | -44 | 8 | |
| Offset | -1 | 1 | – |
| Net deferred tax liability | 51 | -43 | 8 |
1) Mostly related to a defferred tax liability in Estonia. In Estonia, the tax is paid first when the dividend is paid to the Parent Company.
| 2017 | |||
| Parent Company | Deferred tax receivable | Deferred tax liabilities | Net |
| Loss carryforwards | 43 | – | 43 |
| 43 | – | 43 | |
| Offset | – | – | – |
| Net deferred tax asset | 43 | – | 43 |
| 2016 | |||
| Parent Company | Deferred tax receivable | Deferred tax liabilities | Net |
| Loss carryforwards | 44 | – | 44 |
| 44 | – | 44 | |
| Offset | – | – | – |
| Net deferred tax asset | 44 | – | 44 |
Change of deferred tax in temporary differences and loss carryforwards
| Group | ||||
| 2017 | Carrying amount at beginning of period | Recognized in profit or loss | Recognized in equity 1) | Carrying amount at end of period |
| Intangible assets | -19 | 0 | -1 | -20 |
| Buildings and land | -1 | 0 | 0 | -1 |
| Machinery and equipment | -4 | 1 | 0 | -3 |
| Inventory | 0 | 0 | 0 | 0 |
| Accounts receivable | 1 | 0 | 0 | 1 |
| Other provisions | 0 | 0 | 0 | 0 |
| Interest-bearing liabilities | 2 | 0 | 0 | 2 |
| Loss carryforwards | 47 | 2 | 0 | 49 |
| Other | -18 | 3 | 0 | -15 |
| 8 | 6 | -1 | 13 |
Change of deferred tax in temporary differences and loss carryforwards
| Group | ||||
| 2016 | Carrying amount at beginning of period | Recognized in profit or loss | Recognized in equity 1) | Carrying amount at end of period |
| Intangible assets | -19 | 1 | -1 | -19 |
| Buildings and land | -1 | 1 | -1 | -1 |
| Machinery and equipment | -3 | -1 | 0 | -4 |
| Inventory | 1 | -1 | 0 | 0 |
| Accounts receivable | 1 | 0 | 0 | 1 |
| Other provisions | 0 | 0 | 0 | 0 |
| Interest-bearing liabilities | 2 | 0 | 0 | 2 |
| Loss carryforwards | 38 | 9 | 0 | 47 |
| Other | -18 | 0 | 0 | -18 |
| 1 | 9 | -2 | 8 |
1) Includes translation differences on deferred tax.
Change of deferred tax in temporary differences and loss carryforwards
| Parent Company | ||||
| 2017 | Carrying amount at beginning of period | Recognized in profit or loss | Recognized in equity | Carrying amount at end of period |
| Loss carryforwards | 44 | -1 | – | 43 |
| 44 | -1 | – | 43 |
Change of deferred tax in temporary differences and loss carryforwards
| Parent Company | ||||
| 2016 | Carrying amount at beginning of period | Recognized in profit or loss | Recognized in equity | Carrying amount at end of period |
| Loss carryforwards | 34 | 10 | – | 44 |
| 34 | 10 | – | 44 |
Of the Group’s capitalized deferred tax assets on tax loss carryforwards, assets of SEK 3 M (2) are limited to a period of five years. These assets refers to Poland.
Unrecognized deferred tax assets
In the Balance Sheet, deferred tax assets have not been recognized for tax loss carryforwards for a deferred tax value of SEK 39 M (35). Unrecognized tax-loss carryforwards for the year are attributable to the loss making companies in Poland and Czech Republic. The unrecognized amounts are equivalent to the portion of such carryforwards considered unlikely to be utilizable against future taxable results.