Novo Nordisk Annual Report 2021
Financial statements of the parent company
5 Deferred income tax assets/(liabilities)
7 Property, plant and equipment
Novo Nordisk Annual Report 2021 101
Assets
under
DKK million
2021
2020
Net deferred tax asset/(liability) at the beginning
DKK million
Land and Plant and
buildings
Other
con-
machinery equipment struction
2021
2020
of the year
(523)
95
Cost at the beginning of the year
22,094
22,347
4,013
3,529
51,983
49,545
Income/(charge) to the income statement
(330)
(18)
Additions during the year
328
995
162
2,823
4,308
3,089
Income/(charge) to equity
1,081
(600)
Disposals during the year
(108)
(145)
(34)
(9)
(296)
(651)
Net deferred tax asset/(liability) at the end of
the year
The Danish corporate tax rate was 22% in 2021 (22% in 2020).
228
(523)
Transfer from/(to) other items.
630.
1,544
244
(2,418)
Cost at the end of the year
22,944
24,741
4,385
3,925
55,995
51,983
Depreciation and impairment losses at the beginning of the year
9,314
14,954
2,393
26,661
24,821
Depreciation for the year
1,084
1,089
347
2,520
2,387
6 Intangible assets
Impairment losses for the year
9
18
54
9
90
97
DKK million
2021
2020
Depreciation reversed on disposals during the year
(95)
(145)
(34)
(9)
(283)
(644)
Cost at the beginning of the year
11,077
6,065
Depreciation and impairment losses at the end of the year
10,312
15,916
2,760
28,988
26,661
Additions during the year
1,560
5,165
Carrying amount at the end of the year
12,632
8,825
1,625
3,925
27,007
25,322
Disposals during the year
(65)
(153)
Of which related to leased property, plant and equipment
545
52
597
763
Cost at the end of the year
12,572
11,077
Amortisation at the beginning of the year
3,139
2,637
Leased property, plant and equipment primarily relates to lease of office buildings, warehouses, laboratories and vehicles.
Amortisation during the year
289
306
Impairment losses for the year
34
349
Amortisation and impairment losses reversed
on disposals during the year
(153)
Amortisation at the end of the year
3,462
3,139
Carrying amount at the end of the year
9,110
7,938
Intangible assets primarily relate to intellectual property rights, internally
developed software and costs related to major IT projects.View entire presentation