Write-down of deferred tax assets in Clavister in the fourth quarter
Örnsköldsvik, Sweden, April 28, 2020. The Board of Directors of Clavister Holding AB decided today to write down a deferred tax receivable in Clavister AB of total SEK 47.4 million. The non-cash-flow impairment charge is charged to the result in the last quarter of 2019. According to applicable accounting rules, the company needs to prove taxable profits in the near future to justify the asset. However, Clavister still has the opportunity to claim that previously accumulated deficits are offset against future taxable profits. All figures are revised. For additional information