Report and Accounts 1999 / 2000 - Carlsberg Group

Notes to the Accounts
75
Notes to the Accounts
1999/00 1998/99
Notes (DKK million) (15 months) (12 months)
9 Corporation tax comprises:
Parent Company’s share of tax on profit for the financial year 43 97
Prior year adjustements 4 -107
Tax charge for Parent Company, adjusted 47 -10
Parent Company’s share of tax in subsidiaries, cf. note 4 695 360
Parent Company’s share of tax in associated companies, cf. note 4 63 115
Parent Company’s share of Group tax 805 465
Minority shareholders’ share of Group tax 123 12
Group 928 477
In the financial year, corporation taxes paid amounted to DKK 753 million for the Group (1998/99: DKK 20 million) and DKK -76 million
for the Parent Company (1998/99: DKK -33 million) including taxes paid abroad. The Parent Company and its Danish subsidiaries participate
in the tax on account scheme.
The corporation tax of the Parent Company is influenced by non-taxable gains etc.
10 Tangible fixed assets: Plant Other
Land and and fixtures and Construction
buildings machinery fittings, etc. in progress
Group:
Cost
Balance at 1 October 1999 6,315 10,417 5,826 610
Additions, acquisition of companies 2,136 2,768 1,626 54
Additions during year 698 1,264 808 977
Disposals from divestment of companies 354 408 304 20
Disposals during year 415 534 631 243
Currency translation adjustments, etc. -68 -56 -248 2
Transfers 653 247 4 -904
Balance at 31 December 2000 8,965 13,698 7,081 476
Revaluation
Balance at 1 October 1999 817 596 20 -
Additions, acquisitions of companies 108 20 - -
Revaluation and write-downs for the year 24 -5 -4 -
Currency translation adjustments, etc. - -23 -1 -
Transfers - - - -
Balance at 31 December 2000 949 588 15 -
Depreciation and write-downs
Balance at 1 October1999 2,402 5,276 2,764 236
Additions, acquisition of companies 678 1,968 1,344 -
Depreciation and write-downs for the year 355 1,068 730 -
Disposals from divestment of companies 131 291 187 -
Depreciation and write-downs eliminated on disposals during year 131 242 383 -
Currency translation adjustments, etc. -81 164 -262 -
Transfers 17 359 -140 -236
Balance at 31 December 2000 3,109 8,302 3,866 -
Book value at 31 December 2000 6,805 5,984 3,230 476
The book value of land and buildings in Denmark amounted to DKK 1,810 million.
The book value of investment property in Denmark amounted to DKK 125 million.
The value of property in Denmark as assessed for tax purposes amounted to DKK 3,542 million at 1 January 2000.