8. Income taxes
Income taxes 2017 2016
Income tax on ordinary operations -1.9 -1.4
Tax for previous financial periods -0.0 0.1
Change in deferred tax liabilities and assets 8.6 -3.1
Income tax on ordinary operations 6.8 -4.4
Cumulative tax rate reconciliation
Accounting profit/loss before taxes -49.2 0.9
Deferred tax at parent company's tax rate 9.8 -0.2
Effect of different tax rates applied to foreign subsidiaries 0.7 0.7
Share of associates' results 0.3 -0.2
Tax-exempt income 0.0 0.2
Non-deductible expenses -1.2 -0.0
Use of tax losses not recognised earlier - -
Unrecognised tax on the losses for the financial period -3.3 -2.7
Tax for previous financial periods -0.0 0.1
Adjustments concerning previous financial periods -0.0 -2.2
Effect of change in tax rate 0.4 -0.0
Tax expenses in the income statement 6.8 -4.4