Tools
The table below presents a reconciliation of income tax on pre-tax profit/loss computed at the statutory rate with income tax computed at the effective tax rate of the Group:
| Year ended December 31, 2019 | Year ended December 31, 2018 | |
|---|---|---|
| PROFIT / (LOSS) BEFORE TAX | (4,703) | 2,192 |
| Income tax at the 19% statutory rate applicable in Poland | (894) | 416 |
| ITEMS ADJUSTING INCOME TAX | ||
| Adjustments to deferred income tax | (10) | 31 |
| Non-deductible costs | 65 | 108 |
| Recognition of rehabilitation provisions with respect to which no deferred tax was recognised | 110 | 127 |
| Non-taxable income | (9) | (41) |
| Other adjustments | (37) | 40 |
|
INCOME TAX AT THE EFFECTIVE TAX RATE Income tax (expense) in the consolidated financial statements |
(775) | 681 |
| EFFECTIVE TAX RATE | 16% | 31% |
