SOMFY_ANNUAL_FINANCIAL_REPORT_2017
08 PARENT COMPANY FINANCIAL STATEMENTS
INCOME TAX NOTE 4 — An income tax gain of €25.5 million including a €3.5 million tax consolidation profit as well as €22.3 million in tax relief (primarily in relation to the contribution of 3% on distributed earnings) was recognised.
BREAKDOWN OF INCOME TAX AT 31 DECEMBER 2017 NOTE 4.1
Tax
€ thousands
Base
Rate
Amount
1. Current result Net profit for the year
81,650
34.43%
–28,112
Tax adjustments Long-term capital gains and losses – Income from equity investments –
–
34.43% 34.43% 34.43% 34.43%
–
–90,967 10,095
31,320 –3,476
Other –
Subtotal Current Result 2. Extraordinary result Net profit for the year
778
–268
–55
34.43%
19
Tax adjustments Long-term capital gains and losses –
– –
– –
– –
Deductions –
Reinstatements –
55
34.43% 34.43% 34.43%
–19
Subtotal Extraordinary Result Subtotal Total theoretical tax
–
–
778
–268
3. Other tax items Tax paid by group tax consolidation companies
–
–
6,664
Tax charge/income for the tax consolidation group (excluding total theoretical tax)
–
–
–2,925
Contribution on distributed earnings Tax charge/relief from previous periods
– – – –
– – – –
–269
22,314 25,784 25,516
Subtotal Other tax items
TOTAL INCOME TAX
€ thousands
Before tax
Tax
After tax
Current result
81,650
–268
81,383
Extraordinary result
–55
–
–55
Other tax items
–
25,784 25,516
25,784 107,111
ACCOUNTING RESULT
81,595
121
SOMFY – ANNUAL FINANCIAL REPORT 2017
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