10 Income tax expense
Income tax includes taxes paid in the individual companies or owed on income, as well as deferred tax and the payments of additional tax payments resulting from tax audits:
T€ | 2025 | 2024 |
Current tax | 260,445 | 272,566 |
Deferred tax | 106,796 | 36,407 |
Income tax expense | 367,241 | 308,973 |
Due to the provisions of the Pillar II rules, Hungarian trade tax and innovation contributions totalling T€ 9,673 (2024: T€ 7,974) were also recognised under income tax.
The following tax components are recognised directly in equity in the statement of total comprehensive income:
T€1 | 2025 | 2024 |
Change in hedging reserves | 209 | -3,638 |
Actuarial gains/losses | 16,895 | 2,052 |
Total | 17,104 | -1,586 |
1Sign: - increases equity, + decreases equity
The reasons for the difference between the Austrian corporate income tax rate of 23% valid in 2025 and the actual consolidated tax rate are as follows:
T€ | 2025 | 2024 |
EBT | 1,288,204 | 1,137,306 |
Theoretical tax expense 23% | 296,287 | 261,580 |
Differences against foreign tax rates | 35,492 | 21,354 |
Changes in tax rates | -2,021 | -546 |
Non-tax-deductible expense | 54,466 | 33,929 |
Tax-free income | -38,797 | -27,696 |
Additional tax payments/tax refunds | -6,365 | -817 |
Change in valuation allowances on deferred tax assets | 21,263 | 10,846 |
Other | 6,916 | 10,323 |
Recognised income tax expense | 367,241 | 308,973 |