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NOTE 10

Income tax expense

€ million 2009 2008
Current tax -82.7 -83.2
Tax for prior periods -1.2 2.2
Deferred tax 1.6 -8.4
Total -82.4 -89.4
     
Reconciliation between tax expense and tax calculated at domestic rate:
     
Profit before tax 216.6 288.5
Tax at parent's rate (26%) -56.3 -75.0
Effect of foreign subsidiaries' different tax rates 2.0 3.4
Effect of income not subject to tax 1.4 9.8
Effect of expenses not deductible for tax purposes -8.9 -10.0
Effect of tax losses -17.1 -12.1
Effect of consolidation and elimination 0.0 -6.8
Taxes for prior periods -1.2 2.2
Adjustment of prior period deferred taxes -1.2 -3.9
Others -1.2 3.0
Tax in the income statement -82.4 -89.4