New Wave Group AB Annual report 2017 EN | Page 70

THE GROUP FINANCIAL INFORMATION NOTE 3 SEGMENT INFORMATION New Wave Group AB’s segments constitute the operating segments Corporate Promo, Sports & Leisure and Gifts & Home Furnishings. The relevant brands are allocated to the operating segment to which they are considered to belong. The Group monitors income and EBITDA for each segment. The operating segments are based on the Group’s operational management and this is exclusively based on IFRS, which means that no adjustments need to be made in relation to the consolidated financial statements. Central costs have been distributed to the relevant segment based on use. The Group has a large number of customers of which no one exceeds 10 percent of the Group’s income. SEK million Corporate Promo Sports & Leisure Gifts & Home Furnishings Total 2017 2 648.7 2 311.5 637.1 5 597.3 Income 2016 2 388.6 2 260.8 587.7 5 237.1 EBITDA Depreciation Net financial items Result before tax SEK million Corporate Promo Sports & Leisure Gifts & Home Furnishings Total 2017 289.7 230.3 14.4 534.4 EBITDA 2016 250.8 194.5 10.8 456.1 534.4 -65.3 -51.9 417.2 456.1 -55.9 -59.9 340.3 2017 3 074.0 2 272.0 619.3 5 965.3 Assets 2016 2 988.7 2 261.9 573.6 5 824.2 Net investments 2017 2016 -43.8 -16.6 -42.4 -33.3 -24.4 -39.7 -110.6 -86.1 Depreciation and write-downs 2017 2016 -32.6 -2 8.5 -28.0 -23.3 -4.8 -4.1 -65.3 -55.9 Liabilities 2017 2016 1 902.3 2 031.7 589.5 582.9 444.3 392.4 2 936.1 3 007.0 Income 2016 1 236.4 1 381.1 739.5 996.8 524.4 358.9 5 237.1 Fixed assets* 2017 2016 496.2 477.9 916.0 996.1 34.2 27.7 208.5 202.5 94.4 158.8 60.1 5.6 1 809.4 1 868.6 Deferred tax assets 2017 2016 14.3 15.9 39.4 59.2 4.1 8.4 23.2 22.7 4.9 2.8 5.6 5.1 91.5 114.1 Geographic areas SEK million 2017 Sweden 1 317.0 USA 1 400.5 Nordic countries excl Sweden 760.5 Central Europe 1 062.5 Southern Europe 577.6 Other countries 479.1 Total 5 597.3 Income is divided based on the geographical location of the subsidiares. Fixed assets and deferred tax assets are based on where the Group’s assets are located. * Fixed assets classified as financial fixed assets are not included. NOTE 4 OTHER OPERATING INCOME SEK million Exchange rate gains Capital gains Other income Total 70 | NWG 2017 2017 31.1 1.2 18.9 51.2 2016 36.5 0.8 13.7 51.0 Fixed assets* 2017 2016 585.0 629.2 1 020.0 1 045.9 204.4 193.5 1 809.5 1 868.6 Deferred tax assets 2017 2016 35.2 36.3 44.4 62.6 11.9 15.2 91.5 114.1