SNE » Topics » Balance sheet

This excerpt taken from the SNE 20-F filed Jun 23, 2009.
Balance sheet
 
Tax effect of temporary differences has resulted in deferred tax assets and liabilities as follows:
 
                 
    2008   2007
 
Deferred tax assets
    298,101       167,186  
 
The Swedish tax rate has been changed from 28% to 26.3% from January 2009.
 
Deferred tax assets relate to temporary differences due to certain provisions such as warranty and scrap liabilities and tax losses carryforwards. Deferred tax assets are amounts recognized in countries where we expect to be able to generate corresponding taxable income in the future to benefit from tax reductions.


A-13


Table of Contents

SONY ERICSSON MOBILE COMMUNICATIONS
 
 
Balance sheet
 
Tax effect of temporary differences has resulted in deferred tax assets and liabilities as follows:
 
                 
    2007   2006
 
Deferred tax assets
    167,186       139,621  
Deferred tax liabilities
          (13 )
 
Deferred tax assets relate to temporary differences due to certain provisions such as warranty and scrap liabilities. Deferred tax assets are amounts recognized in countries where we expect to be able to generate corresponding taxable income in the future to benefit from tax reductions.


A-13


Table of Contents

SONY ERICSSON MOBILE COMMUNICATIONS
 
 
Balance sheet
 
Deferred tax assets and liabilities
 
Tax effects of temporary differences have resulted in deferred tax assets and liabilities as follows:
 
                 
    2006   2005
 
Deferred tax assets
    139,621       41,455  
Deferred tax liabilities
    (13 )     643  
 
Deferred tax assets relate to temporary differences due to certain provisions such as warranty and scrap liabilities. Deferred tax assets are amounts recognized in countries where we expect to be able to generate corresponding taxable income in the future to benefit from tax reductions.
 
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