Note 10. Taxes | | | | | | | | | | | | | Skr mn | 2025 | 2024 | 2023 | | Income tax | | | | | Adjustment previous year | 0 | — | — | | Current tax | -307 | -436 | -323 | | Deferred tax | -2 | -2 | -1 | | Total income tax | -309 | -438 | -324 | | | | | | Income tax related to other comprehensive income | | | | | Tax on items to be reclassified to profit or loss | | | | | Deferred tax | 0 | -12 | -13 | | Tax on items not to be reclassified to profit or loss | | | | | Current tax | -3 | -66 | 5 | | Deferred tax | 2 | 2 | 1 | | Income tax related to other comprehensive income | -1 | -76 | -7 | | | | | | Reconciliation of effective tax rate | | | | | The Swedish corporate tax rate (percent) | 20.6 | 20.6 | 20.6 | | Profit before taxes | 1,491 | 2,121 | 1,568 | | National tax based on profit before taxes | -308 | -437 | -323 | | Tax effects of: | | | | | Tax adjustments | -1 | -1 | -1 | | Other | 0 | — | — | | Total tax | -309 | -438 | -324 | | Effective tax expense (percent) | 20.7 | 20.7 | 20.7 |
Deferred taxes | | | | | | | | | | Skr mn | 2025 | 2024 | | Deferred tax assets concerning: | | | | Temporary differences, related to pensions | 0 | 0 | | Temporary differences, related to cash flow hedges | — | 1 | | Temporary differences, related to lease liabilities | 18 | 20 | | Offset deferred tax liability temporary differences related to right-of-use assets | -18 | -20 | | Total deferred tax assets | 0 | 1 |
No deductible loss to carry forward existed as of December 31, 2025, or December 31, 2024. Change in deferred taxes | | | | | | | | | | Skr mn | 2025 | 2024 | | Opening balance | 1 | 13 | | Change through profit or loss | -2 | -2 | | Change in other comprehensive income | 1 | -10 | | Closing balance | 0 | 1 |
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