N O TE 45 T ax e s St atement of income T AX E XPENSE M SEK 2012 2011 2010 T ax on income before t ax es current t ax es 06 134 158 deferred t ax es 560 59 599 T ot al t ax e xpense 566 75 757 The S w edish Corpor ate t ax r ate w as 263 percent in 2012 2011 and 2010 D I ff ERENCE BE T WEEN S T A T u T OR y S WEDIS h T AX RA TE AND A CT u AL T AX E XPENSE f OR T h E P ARENT C O m P AN y M SEK 2012 2011 2010 Income before t ax es accor din g to the s t atement of income 3 498 2 101 1 821 T ax based on S w edish t ax r ate 920 553 479 T ax related to pre vious y ear s 16 12 16 T ax related to nont axable income 3 186 1 261 1 628 T ax related to nondeductible e xpenses 2 339 728 1 241 Actual t ax e xpense 57 8 76 T ax related to nont axable income mainly relates to dividends from subsidiaries T ax related to nondeductible e xpenses mainly relates to writedo wn of shares in subsidiaries Other comprehensiv e income T AX ON O T h ER C O m PRE h ENSI v E INC O m E M SEK 2012 2011 2010 Deferred t ax on cash fo w hed g es 25 12 189 Deferred t ax on net in v es tment hed g es 582 47 592 Deferred t ax on other comprehensiv e income 557 59 403 B alance sheet Deferred t ax assets for 2012 2011 and 2010 are at tribut able to emplo y ee related debt T ax loss carr y for w ar ds The t ax loss carr y for w ar ds for the Parent Compan y amounted to M SEK 0 0 and 0 as of December 31 2012 N O TE 46 Intangible as se ts 1 M SEK 2012 2011 2010 Openin g balance 1644 1475 1362 Capit al e xpenditures 313 189 113 R eclassifcation 20 Closin g accumulated balance 1957 1644 1475 Openin g amortization 716 621 535 Amortization for the y ear 93 95 86 Closin g accumulated amortization 809 716 621 Closin g residual v alue 1148 928 854 1 M ainly related to Securit as Guar d M ana g ement S ys tem F urthermore the br and name Securit as in one of the Group s countries of oper ations is included with M SEK 159 159 and 00 The tr ademark is tes ted annually for impairment R efer to note 16 section impairment tes tin g for further information N O TE 47 Machiner y and equipment M SEK 2012 2011 2010 Openin g balance 149 143 142 Capit al e xpenditures 04 06 01 Closin g accumulated balance 153 149 143 Openin g depreciation 129 121 110 Depreciation for the y ear 06 08 11 Closin g accumulated depreciation 135 129 121 Closin g residual v alue 18 20 22 127 Securit as Annual R eport 2012 Annual R eport Notes and comments to the Parent Compan y fnancial s t atements