THE GROUP
FINANCIAL INFORMATION
NOTE 24 OTHER PROVISIONS
SEK million
Other provisions
Opening balance
Reveresed during the year
Provision for additional consideration *
Provisions during the year
Translation difference
Closing balance at year-end
2017 2016
6.0
-3.6
0.0
0.0
-0.4
2.0 6.4
-0.2
-3.3
2.5
0.7
6.0
* Provision has been reclassified to short-term liability.
NOTE 25 OTHER CURRENT LIABILITIES
SEK million
VAT
Personal income tax
Advances from customers
Other wage deductions
Social security
Liabilities to employees
Liabilities to customers
Currency futures
Earn out
Giftcards not redeemed
Other items
Total
2017
62.3
14.6
4.6
0.7
5.1
7.1
0.6
0.0
1.3
0.9
11.5
108.7 2016
64.3
14.9
6.3
0.7
2.9
6.8
0.6
1.4
3.6
0.8
9.3
111.8
2017
127.2
58.4
9.6
6.8
13.3
5.2
2.4
1.2
0.7
1.1
0.8
10.4
237.1 2016
110.3
51.8
9.5
8.8
7.2
4.8
4.4
1.3
1.3
1.1
0.2
16.8
217.4
NOTE 26 ACCRUED EXPENSES
AND PREPAID INCOME
SEK million
Salaries and payroll tax
Commission
Marketing costs
Royalties
Delivery of goods
Audit fees
Electricity and rental costs
Interest
Consultancy fees
Claims
Prepaid income
Other items
Total
88 | NWG 2017