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Investor Presentaiton

nuuday Management review Financial statements Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Parent company Statements 2.7 Income taxes (continued) 2022 2021 2022 2021 Deferred tax (DKKm) Deferred tax Deferred tax assets liabilities Total Effective tax rate (DKKM) DKKm % DKKm % Intangible assets Other Current 42 42 64 Danish corporate income tax rate 35 22.0 75 22.0 41 41 31 Limitation on the tax deductibility of interest expenses (33) (20.8) (67) (19.6) 83 83 95 Other non-taxable income and non-deductible expenses Adjustment of tax for previous years 6 3.9 (1) (0.2) 15 9.1 (11) (3.3) Intangible assets 1,456 1,456 1,473 Effective tax excluding special items 23 14.2 Property, plant and equipment (27) (27) (10) Special items 14 2.1 Lease assets and liabilities (6) (6) (4) Effective tax including special items 37 16.3 = 8AR (4) (1.1) 6.7 5.6 Tax value of tax-loss carryforwards (12) (12) (12) Other 60 Non-current (45) 1,516 60 1,471 45 1,492 Deferred tax at 31 December The total net deferred tax is recognised as a liability in the balance sheets. (45) 1,599 1,554 1,587 Comments Nuuday A/S and all its Danish subsidiaries participate in joint taxation with DKT Holdings ApS, which is the ultimate owner of the Nuuday Group and management company in the joint taxation. The jointly taxed companies are jointly and severally liable for the total income taxes, taxes paid on ac- count and outstanding residual tax (with additional payments and interest) relating to the joint taxation. Comments The increasing effective tax rate (excluding special items) was due primarily to an increased adjust- ment of tax for previous years. Nuuday Annual Report 2022 52
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