Notes to the Group’s Financial Statements
Select note 1–41
| 22 Taxes | |||||
| EURm | 2015 | 2014 | |||
| Profit before tax | 1,888 | 1,759 | |||
| Tax calculated at parent company's tax rate | -378 | -352 | |||
| Different tax rates on overseas earnings | -25 | -16 | |||
| Income not subject to tax | 2 | 3 | |||
| Expenses not allowable for tax purposes | -2 | -3 | |||
| Consolidation procedures and eliminations | 168 | 149 | |||
| Tax losses for which no deferred tax asset has been recognised | 0 | -1 | |||
| Changes in tax rates | 5 | 1 | |||
| Tax from previous years | -1 | -1 | |||
| Total | -232 | -220 | |||