Earnings of non-consolidated participations
Dividends received and share in earnings
1997
62,949
1996
68,173
Included here are the earnings of participations accounted
for at net asset value totalling NLC 34.1 million
(1996: NLC 32.7 million) and dividend received from
participations valued at cost of acquisition of totalling
NLC 28.9 million (1996: NLC 35.5 million).
Interest
Interest paid
Interest received on cash deposits, etc.
Taxation
Taxation on profit
Taxation stands at 38.8% (1996:37.4%) of the group profit
before taxation not including the earnings of non-consolidated
participations. The increased tax burden is due to an increase
in taxable profit in countries with higher tax rates and increased
tax rates in several countries. Other relevant factors here include
investment and other facilities, fiscally non-deductible costs and
results which can be offset against fiscal losses of prior years.
122,947 -136,471
95,952 110,045
-26,995 -26,426
456,346 368,592
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