20 - Taxes

Result from normal business operations before tax

45.725

38.662

Additon: amortization of goodwill

12.291

9.101

Addition: limited deductible expenses

573

597

Deduction: participation exemption

607

-25

Deduction: investment schemes

-95

-43

Basic tax calculation for financial statements

59.101

48.292

Addition: temporary differences in valuation

5.334

2.966

Taxable amount

64.435

51.258

Corporation tax to be paid

15.266

11.411