NOTE 10
€ million | 2010 | 2009 |
Current tax | -133.0 | -82.7 |
Tax for prior periods | 0.7 | -1.2 |
Deferred tax | 35.6 | 1.6 |
Total | -96.7 | -82.4 |
Reconciliation between tax expense and tax calculated at domestic rate. | ||
Profit before tax | 312.4 | 216.6 |
Tax at parent's rate (26%) | -81.2 | -56.3 |
Effect of foreign subsidiaries' different tax rates | 3.3 | 2.0 |
Effect of income not subject to tax | 1.2 | 1.4 |
Effect of expenses not deductible for tax purposes | -7.5 | -8.9 |
Effect of tax losses | -11.7 | -17.1 |
Effect of consolidation and elimination | -3.5 | 0.0 |
Taxes for prior periods | 0.7 | -1.2 |
Adjustment of prior period deferred taxes | 0.2 | -1.2 |
Others | 1.9 | -1.2 |
Tax in the income statement | -96.7 | -82.4 |