THE GROUP
FINANCIAL INFORMATION
NOTE 18 RELATED PARTIES
SEK million
Glasrikets skatter Ekonomiska förening
Dingle Industrilokaler AB
Kosta Köpmanshus AB
Vist Fastighets AB
Total
The Group's
purchases from
2017
2016
0.1
0.1
1.8
1.7
16.7
15.7
3.5
2.2
22.1
19.7
The Group's sales to
2017
2016
0.0
-
0.1
0.1
2.9
2.9
0.1
0.1
3.1
3.1
The Group's
receivables on
2017
2016
0.0
-
22.7
4.3
1.0
0.2
0.0
0.3
23.7
4.8
The Group's
liabilities to
2017
2016
0.0
-
0.2
0.2
1.0
2.3
1.4
-
2.6
2.5
Reporting of associated companies is done under Note 13 Shares in associated companies. Information is also submitted in the presen-
tation of the Board and Management and under Note 6 Salaries, other remuneration and social security costs. Reporting of dividends
from, and capital injections to, associated companies is covered in Note 13. All transactions are carried out under market conditions.
TRANSACTIONS RELATED TO PERSONS INCLUDED IN MANAGEMENT
Ulrica Messing is CEO in one of the Group’s companies. A company owned by her has purchased goods, amounting to SEK 0.2
million (SEK 0.4 million), from companies within New Wave Group. Her company has also paid rent for premises, amounting to SEK
0.1 million (SEK 0.0 million), to New Wave Group companies. Compensation for consultancy services rendered amounts of SEK 0.6
million (SEK 1.9 million). Göran Härstedt, has carried out consultancy services amounting to SEK 0.6 million (SEK 1.9 million), which
has been invoiced through a company of his own. All transactions are carried out under market conditions.
NOTE 19 PREPAID EXPENSES AND ACCRUED INCOME
SEK million
Rents
Trade fair costs
Marketing expenses
Bank charges
Operational expenses
Catalogue costs
Insurance
License fees
Computer related costs
Samples
Good deliveries
Leasing fees
Wage costs
Accrued royalty income
Other accrued income
Other items
Total
2017
13.6
7.2
5.4
0.0
3.5
4.4
3.6
0.2
8.3
2.4
4.5
1.5
0.9
5.1
2.5
13.3
76.5
NOTE 20 NET DEBT
SEK million
Liquid assets*
Long-term interest-bearing liabilities
Short-term interest-bearing liabilities
Total
2017
-202.4
1 757.5
82.2
1 637.3 2016
-218.9
1 864.5
103.3
1 748.9
3.1% 3.3%
Effective interest rate based on recognised net interest
* Liquid assets consists of liquid bank deposits and available cash assets.
86 | NWG 2017
2016
12.8
9.9
7.8
6.5
5.6
4.0
3.5
3.5
3.3
2.6
2.2
1.6
0.5
5.1
2.5
9.7
81.1