Notes to the Parent Company's financial statements (continued)

Note 7 - Tax
EUR million
2022
2021
Current tax for the year
-0.5
-0.3
Income due to tax credit schemes
0.7
0.7
Tax
0.2
0.4
Accounting policies
The Parent Company is jointly taxed with wholly owned Danish and foreign subsidiaries. The tax effect of the joint taxation is allocated to Danish enterprises in proportion to their taxable incomes. Taxes include corporation taxes and withholding taxes etc.
Note 8 - Intangible assets
EUR million
 
Acquired
licenses
Total
Cost at 1 January
0.4
0.4
Cost at 31 December 
0.4
0.4
  
Impairment losses and amortisation at 1 January
-0.4
-0.4
Amortisation for the year
0.0
0.0
Impairment losses and amortisation at 31 December 
-0.4
-0.4
  
Carrying amount at 31 December 2022 
0.0
0.0
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