Q4. That’s a promise. But we are not going to elaborate on where we stand right now. I think that you will see and as we look upon it it’s a very good transaction. Yeah, sorry, Kevin, the question is then, if people didn’t hear it, if we can help the market out with a third quarter pro forma if we had included Network Norway. LARS NILSSON: Then we referred to your answer. We will come back in the beginning on that. LARS TORSTENSSON: Did you have one more question, Kevin; in that case we missed it. KEVIN YATES: Yes, just on cash tax. How long until your cash tax benefit runs out on your estimate? LARS NILSSON: Yeah, I mean it differs from different markets but as you see we have SEK 3.2 billion in deferred tax assets and we will be able to fully use them for -- I mean some of them will expire -- you can say 2015 is a good benchmark, but overall we believe that we will use all the SEK 3.2 billion we have on the balance sheet. KEVIN YATES: Okay, many thanks. LARS TORSTENSSON: We take the next question, Operator. OPERATOR: The next question comes from Mr Ulrich Rathe from Jefferies. Please go ahead. ULRICH RATHE: Yeah, thanks very much. This is a question on the Swedish mobile JVs. In the PowerPoint slide presentation you sent out in the mark up to that you are breaking out the five year outlook of CAPEX and OPEX savings and essentially SEK 4.9 billion of savings over the next five years. I have two questions to that. One is is the OPEX including depreciation or is that the real -- the OPEX, i.e. revenues minus
Q4. That’s a promise. But we are not going to elaborate on where we stand right now. I think that you will see and as we look upon it it’s a very good transaction. Yeah, sorry, Kevin, the question is then, if people didn’t hear it, if we can help the market out with a third quarter pro forma if we had included Network Norway. LARS NILSSON: Then we referred to your answer. We will come back in the beginning on that. LARS TORSTENSSON: Did you have one more question, Kevin; in that case we missed it. KEVIN YATES: Yes, just on cash tax. How long until your cash tax benefit runs out on your estimate? LARS NILSSON: Yeah, I mean it differs from different markets but as you see we have SEK 3.2 billion in deferred tax assets and we will be able to fully use them for -- I mean some of them will expire -- you can say 2015 is a good benchmark, but overall we believe that we will use all the SEK 3.2 billion we have on the balance sheet. KEVIN YATES: Okay, many thanks. LARS TORSTENSSON: We take the next question, Operator. OPERATOR: The next question comes from Mr Ulrich Rathe from Jefferies. Please go ahead. ULRICH RATHE: Yeah, thanks very much. This is a question on the Swedish mobile JVs. In the PowerPoint slide presentation you sent out in the mark up to that you are breaking out the five year outlook of CAPEX and OPEX savings and essentially SEK 4.9 billion of savings over the next five years. I have two questions to that. One is is the OPEX including depreciation or is that the real -- the OPEX, i.e. revenues minus
transcript_tele2_interim_report_19-10-2011.docx