ANNUAL REPORT 2011 - DONG Energy

12 Equity
Share capital composition and dividends are disclosed in
note 22 to the consolidated financial statements.
13 Deferred tax
DKK million 2011 2010
Deferred tax at 1 January 1,170 1,058
Deferred tax for the year recognised in profit for the year (34) 1
Adjustments in respect of prior years 578 111
Deferred tax at 31 December 1,714 1,170
Deferred tax is recognised in the balance sheet as follows:
Deferred tax (liabilities) 1,714 1,170
Deferred tax at 31 December, net 1,714 1,170
Deferred tax relates to:
Property, plant and equipment 18 18
Current assets (65) (10)
Non-current liabilities 17 17
Current liabilities 128 -
Retaxation 2,548 1,701
Tax loss carryforwards (932) (556)
Deferred tax at 31 December 1,714 1,170
DONG ENERGY ANNUAL REPORT 2011 – parEnt COmpany finanCial statEmEnts
173
notes