2001 2000
Notes to the Consolidated Profit and Loss Account
Results of non-consolidated participating
interests
Share in net result of participating interests
carried at net asset value
Dividends received from participating interests
carried at cost
45 59
17
28
32
27
Interest
Interest paid
Interest received on cash deposits etc
-71 -66
118
47
•109
43
Taxation
Taxation amounts to 31.0% (2000: 32.4%) of the profit be
fore tax not including the results of non-consolidated par
ticipating interests. The lower tax burden is mainly due to
the utilisation of tax losses carried forward in Spain and
release of a taxation provision formed in the past.
Taxation
The main components of the taxation charge are:
Profit before taxation excluding the results
of non-consolidated participating interests
-327 -277
1,054 855
Taxation charge at the statutory tax rate in
the Netherlands
Effect of tax rates outside the Netherlands
Non-allowable expenses
Utilisation of tax losses carried forward
Tax losses not recognised
Under/overprovided in prior years
Tax incentives and other differences
35.0%
-0.5%
1.6%
-2.6%
1.4%
-0.9%
-3.0%
369
-5
17
-28
15
-9
-32
35.0%
0.9%
2.0%
- 3.2
2.9%
- 1.8%
-3.4%
299
8
17
-27
24
-15
-29
Effective tax burden
31. C
327
32.4%
277
FINANCIAL STATEMENTS 2001
65
