XML 216 R72.htm IDEA: XBRL DOCUMENT v3.25.0.1
H1 Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
Major components of tax expense (income) [abstract]  
Components of Income Taxes Recognized in Income Statement
Income taxes recognized in the income statement
 
     
2024
     
2023
     
2022
  
Current income taxes for the year
      –6,461        –4,289        –7,353  
Current income taxes related to prior years
      –162        118        253  
Deferred tax income/expense (+/–)
      4,563        1,406        1,617  
Share of taxes in associated companies
      –102        –20        –14  
Pillar Two tax expense      –53        –        –  
Income tax expense
     
–2,215
       
–2,785
       
–5,497
  
Reconciliation of Swedish Income Tax Rate with Effective Tax Rate
Reconciliation of Swedish income tax rate with effective tax rate
 
     
2024
     
2023
     
2022
  
Calculated tax expense at Swedish tax rate of 20.6%      –533        4,804        –5,070  
Effect of foreign tax rates      430        –884        –605  
Current income taxes related to prior years      –162        118        253  
Remeasurement of tax loss carry-forwards      –973        –28        –49  
Remeasurement of deductible temporary differences      308        394        15  
Withholding tax expense      –780        –217        –  
Recognition of previously expensed withholding tax      –        –        411  
Tax effect of non-deductible expenses      –1,045        –7,311        –760  
Tax effect of non-taxable income      655        335        327  
Tax effect of changes in tax rates      –62        4        –19  
Pillar Two tax expense      –53        –        –  
Income tax expense
     
–2,215
       
–2,785
       
–5,497
  
Effective tax rate
     
85.6%
       
–11.9%
       
22.3%
  
Tax Effects of Temporary Differences and Tax Loss Carry-forwards
Tax effects of temporary differences and tax loss carry-forwards
 
     
Deferred
tax assets
    
 Deferred tax
liabilities
     
Net
  balance
  
2024
        
Intangible assets and property, plant and equipment      1,447       3,457           
Right-of-use assets and similar assets
      –       1,199           
Current assets
      4,340       1,323           
Post-employment benefits
      4,778       229           
Provisions
      4,788       –           
Lease liabilities and similar liabilities
      1,307       –           
Deferred tax credits
      5,027       –           
Other
      2,394       359           
Loss carry-forwards
      5,603       –           
Deferred tax assets/liabilities
     
29,684
      
6,567
       
23,117
  
Netting of assets/liabilities
      –5,272       –5,272           
Deferred tax assets/liabilities, net
     
24,412
      
1,295
       
23,117
  
2023
        
Intangible assets and property, plant and equipment      1,195       7,193           
Right-of-use assets and similar assets      –       1,272           
Current assets      3,413       1,313           
Post-employment benefits      5,297       477           
Provisions      3,980       –           
Lease liabilities and similar liabilities      1,337       –           
Deferred tax credits      5,453       –           
Other      2,095       178           
Loss carry-forwards      6,158       –           
Deferred tax assets/liabilities
     
28,928
      
10,433
       
18,495
  
Netting of assets/liabilities
      –6,553       –6,553           
Deferred tax assets/liabilities, net
     
22,375
      
3,880
       
18,495
  
Changes in Deferred Taxes, Net
Changes in deferred taxes, net
 
    
2024
    
2023
  
Opening balance, net
      18,495         14,610  
Recognized in net income
     4,563       1,406  
Recognized in other comprehensive income
     505       –631  
Balances regarding acquired/divested busines
s
es
     –       –57  
Deferred tax credits increase (+) / utilization (–)
     –685       3,249  
Translation difference
     239       –82  
Closing balance, net
    
23,117
      
18,495
  
Summary of Equity and Other Comprehensive Income
Tax on items charged to Equity and Other comprehensive income
 
     
2024
     
2023
     
2022
  
Remeasurements of defined benefits pension plans
      –147        –251        –2,093  
Revaluation of credit risk on borrowings
      117        137        –212  
Cash flow hedge reserve
s
      652        –380        –671  
Non-controlling interests      2        –        –4  
Total
     
624
       
–494
       
–2,980
  
Tax Loss Carry-forwards
Tax loss carry-forwards
 
      
Recognized tax loss
             
Unrecognized tax loss
  
Year of expiration
     
Tax loss
   carry-forwards
       
    Tax value
              
Tax loss
   carry-forwards
       
    Tax value
  
2025
        58          10                  136          19  
2026
        2          1                  160          26  
2027
        10          2                  1,331          327  
2028
        59          15                  450          107  
2029
        300          85                  118          16  
2030 or later (also includes unlimited carry-forwards)
        24,925          5,490                  9,052          1,960  
Total
     
25,354
    
5,603
      
11,247
    
2,455
Deferred Tax Credits
Deferred tax credits
 
    
Recognized
deferred tax
credits
     
 Unrecognized
deferred tax
credits
  
Year of expiration
   
Tax value
     
Tax value
  
2025
      32        108  
2026
      121        122  
2027
      33        105  
2028
      1,376        9  
2029
      2,132        10  
2030 or later
      1,333        760  
Total
   
5,027
  
1,114