Page 62 - Annual Report KELAG Group 2018
P. 62

Interest on loans and borrowings                   -13.4          -13.5
            Capitalised borrowing costs pursuant to IAS 23       0.5           0.9
            Net interest expenses from personnel-related obligations   -2.6   -2.8
            TOTAL INTEREST EXPENSES                            -15.5         -15.4













            Income from investments and non-consolidated subsidiaries   0.0    0.3
            Income from securities and loans                     0.4           0.4
            Income from the disposal of securities               0.0           0.5
            Expenses from investments                           -0.1          -0.7
            TOTAL OTHER INVESTMENT INCOME                       0.3            0.6












            Current income taxes/tax allocation                -19.5          -15.7
            Deferred income taxes                               -5.3          -5.6
            Tax income/expenses relating to other periods       -0.2          -0.7
              TOTAL INCOME TAXES                               -25.0         -22.0



           The tax expense in the 2018 reporting period of EUR -25.0m is EUR 4.5m lower than the imputed
           tax expense of EUR -29.6m, which would result from applying a tax rate of 25% to earnings before
           income taxes (EUR 118.4m). The difference between the imputed and reported tax expense in the
           Group is recorded in the table below:
   57   58   59   60   61   62   63   64   65   66   67