EUR million | 2022 | 2021 | |
Reserve for net revaluation under the equity method | 4.8 | 2.3 | |
Retained earnings | -5.9 | -2.1 | |
Profit/Loss for the year | -1.1 | 0.2 | |
Note 21 - Contingent liabilities and other financial obligations | |||
See note 20 - Contingent liabilities and other financial obligations to the consolidated financial statements as identical for the Parent Company. In addition to the contingent liabilities and other financial obligations disclosed in note 20 to the consolidated financial statements, the Group's Danish entities, including the Parent Company, are jointly and severally liable for tax on the jointly taxed incomes etc. The total amount of corporation tax payable by the Group's Danish entities is nil. Moreover, the Danish entities are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company’s liability. | |||
Note 22 - Related parties | |||
Transactions See note 21 - Related parties to the consolidated financial statements as identical for the Parent Company. In addition to the related parties disclosed in note 21 - Related parties to the consolidated financial statements, related parties of DHI A/S also include the subsidiaries listed in note 10 Investment in Subsidiaries. Ownership See note 21 - Related parties to the consolidated financial statements as identical for the Parent Company. | |||