Audited by PwC

Note 31 - Non-cash expenses

2008 2007
    DKK million  DKK million  
Financial gain/loss on sale of assets
Allowances for doubtful trade receivables 40  (21)
Expensed tax 357  343 
Depreciation, amortization, and impairment losses 556  490 
Stock-based payment 41  20 
(Gain)/loss on financial assets, etc., net (63) 16 
Unrealized foreign exchange (gain)/loss (8) 22 
Accrued interest income and interest costs 105  78 
Change in provisions (44) 67 
Other items    
Non-cash expenses 993  1,028