1995
1994
Earnings of
non-consolidated
participations
Share in earnings 49,664 38,593
Interest
Interest paid - 99,374 - 103,152
Interest received on cash deposits, etc. 123,227 119,624
23,853 16,472
T axation
Taxation on profit 384,383 318,354
Taxation amounts to 37.3% (1994: 34.9%) of
the Group profit before taxation and excluding the
earnings of non-consolidated participations.
The tax burden is influenced not only by the
nominal rates of corporation tax and dividend tax
in the various countries of establishment.
Factors such as investment and other facilities,
fiscally non-deductible costs, and pre-tax losses with
no immediate possibilities of relief are also
important. The tax burden rose owing to losses
which could not be offset for tax purposes within the
financial year and withholding taxes on higher
earnings of several foreign consolidated
participations.
Net extraordinary income
Extraordinary Group income - 58,636
58,636
The net extraordinary income in 1994 relates to the
book profit on the sale of the 50% interest in
Bols Benelux B. V. and is tax exempted.
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