Note 9 - Tax
2009 2008
    DKK million  DKK million  
Tax payable on net profit 456  444 
Change in deferred tax 10  (101)
Adjustment for previous years   (39) 14   
Tax in the income statement 427  357 
Calculation of effective tax rate:
Corporation tax in Denmark 25.0% 25.0%
Non-deductible expenses 1.5% (0.1)%
Difference in foreign tax rates (0.7)% 1.6%
One-off impact of change in tax rate - (1.4)%
Other adjustments   0.5% 0.1%  
Effective tax rate 26.3% 25.2%