New Wave Group AB Annual report 2017 EN | Page 79

FINANCIAL INFORMATION THE GROUP NOTE 15 DEFERRED TAX ASSETS Deferred tax assets and provisions for deferred tax liabilities in the group assigned to: 2017 Assets 26.7 22.0 0.6 3.5 24.8 9.3 1.3 1.7 1.6 - - - - SEK million Loss carry-forwards Internal gains Reserves Depreciation and fixed assets Stock Accounts Receivables Stock Contingent purchase conditions Leasing Prepaid costs Trademarks Reserves and accelerated depreciation Cash flow hedge Other temporary differences Deferred tax assets / liabilities 91.5 Liabilities - 10.2 1.4 5.5 - - - - - 2.4 100.7 8.8 0.5 0.4 129.9 2016 Assets 29.7 20.8 1.4 3.7 39.9 11.7 1.4 2.6 2.9 - - - - Liabilities - 13.2 1.8 5.1 - - - - - 3.7 136.0 3.2 1.2 114.1 164.2 Loss carry-forwards At the year-end the Group had a total tax loss carry-forward of SEK 342.8 million (SEK 390.8 million). Deferred tax has been recognized on SEK 82.1 million (SEK 99.5 million) of the tax deficits. The maturity for all tax loss carry forward is shown in the table below. Total loss carry forwards expires as follows: SEK million 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029-2036 Unlimited Total 2017 – 3.0 0.0 0.1 0.0 7.4 9.9 12.7 3.3 0.4 5.5 14.5 27.2 258.9 342.8 2016 0.4 4.8 0.0 1.3 0.8 7.7 10.1 12.9 0.0 0.0 5.5 14.8 24.7 307.8 390.8 Deferred tax liability arising from tax allocation reserves and accelerated depreciation in Sweden are due as follows: 2021 2022 Unlimited Total Sweden 2017 0.8 5.1 2.9 8.8 2016 0.8 0.0 2.4 3.2 In the Group there are tax loss carry-forwards in a number of compa- nies within different tax groups. In each separate case an assements is made, with reasonable certainty, whether or not the carry-forwards will be utilized. The assesment takes into consideration: manage- ments forecasts, historical and present performance levels and the expiration date of the carry-forwards.Based on the assements, the carry-forwards are divided into three different groups where group A represents in full recorded carry-forwards, group B represents parti- ally recorded carry-forwards and group C represents carry-forwards that have not been recorded at all. The distribution is shown in the tables below. 2017 SEK million Total tax loss of which not of Group carry-forwards recorded tax recorded which tax A 20.9 5.7 0.0 0.0 B 82.3 20.1 21.1 6.5 C 239.6 0.0 239.6 57.2 Total 342.8 25.8 260.7 63.7 2016 SEK million Total tax loss of which not of Group carry-forwards recorded tax recorded which tax A 29.4 8.3 0.0 0.0 B 126.5 21.4 56.4 17.7 C 234.9 0.0 234.9 63.3 Total 390.8 29.7 291.3 80.9 NWG 2017 | 79