SECTION 6.1  Corporation tax 6.1  ACCOUNTING POLICIES CORPORATION TAX TAX RECOGNISED IN OTHER COMPREHENSIVE INCOME Carlsberg Group Annual Report 2013 An interest ceiling maximises the tax deduc- tion accumulated for fair value adjustments of  hedging instruments recognised in other com- prehensive income. Tax on such adjustments  therefore fluctuates from year to year. Adjustment to tax for previous years of DKK  0m (2012: DKK 83m) is included in the tax  benefit/expense for hedging instruments. Tax for the year comprises current tax and chang- es in deferred tax for the year, including changes  as a result of a change in the tax rate. The tax  expense relating to the profit/loss for the year  is recognised in the income statement, and the  tax expense relating to items recognised directly  in other comprehensive income is recognised in  other comprehensive income. If the Group obtains a tax deduction on computa- tion of the taxable income in Denmark or in foreign  jurisdictions as a result of share-based payment  programmes, the tax effect of the programmes is  recognised in tax on the profit/loss for the year.  However, if the total tax deduction exceeds the total  tax expense, the tax benefit for the excess deduction  is recognised in other comprehensive income. 2013 2012 DKK million Income statement Other comprehensive  income Total comprehensive  income Income statement Other comprehensive  income Total comprehensive  income Tax for the year can be specified as follows Current tax 2,261 15 2,276 1,553 189 1,742 Change in deferred tax during the year -243 188 -55 343 -194 149 Change in deferred tax from change in tax rate -108 - -108 27 - 27 Adjustments to tax for previous years -16 - -16 -62 -83 -145 Total 1,894 203 2,097 1,861 -88 1,773 2013 2012 DKK million Recognised item before tax Tax income/  expense After tax Recognised item before tax Tax income/  expense After tax Foreign exchange adjustments -7,499 - -7,499 1,904 - 1,904 Hedging instruments 10 -8 2 111 133 244 Retirement benefit obligations 822 -195 627 -741 131 -610 Share of other comprehensive income in associates 4 - 4 4 - 4 Effect of hyperinflation 61 - 61 75 - 75 Other -29 - -29 -2 -176 -178 Total -6,631 -203 -6,834 1,351 88 1,439 Consolidated financial statements SECTION 6: TAX 114