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## Ta x 

## Key developments 2013 

1,894m 

Tax totalled DKK 1,894m against DKK 1,861m in 2012. 

24.1% 

Tax rate of 24.1%, positively impacted by reduction in domestic tax rates. 

## Corporation tax 

## RECONCILIATION OF THE EFFECTIVE TAX RATE FOR THE YEAR 

<img src='content_image/244787.jpg'>

The nominal weighted tax rate for the Group is calculated as domestic tax rates applic- able to profits in the entities as a proportion of each entity’s share of the Group’s profit before tax. 

