NWG // FINANCIAL INFORMATION //
THE PARENT COMPANY
Note 16 - Untaxed reserves
SEK million |
2020 |
2019 |
Accelerated depreciation |
2.4 |
3.1 |
Tax allocation reserve 2016 |
0.0 |
3.5 |
Tax allocation reserve 2017 |
0.0 |
16.5 |
Tax allocation reserve 2018 |
13.3 |
22.4 |
Tax allocation reserve 2019 |
22.4 |
19.3 |
Tax allocation reserve 2020 |
19.3 |
0.0 |
Total |
57.3 |
64.9 |
Deferred tax on untaxed reserves amounts to SEK 12.5 ( 13.9 ) million .
Note 17 - Credit limit
Amount granted in relation to loans and bank overdraft facilities amounts to SEK 2,845.0 ( 3,211.8 ) million . The total credit facility amounted to SEK 2,845.0 million as of 31 December 2020 . The credit facility amount is limited to , and dependent on , the value of some underlying assets . Within this credit framework , some subsidiaries can also raise their own financing and at that time the Parent company had the opportunity to utilize SEK 2,600.5 ( 2,832.7 ) million . Of this amount , USD 18.3 million runs until January 2024 and SEK 295.3 million until August 2027 . The remaining part runs until March 2022 .
Note 18 - Accrued expenses and prepaid income
SEK million |
2020 |
2019 |
Holiday pay liability |
5.6 |
4.1 |
Special employer ' s contribution |
1.9 |
1.9 |
Social security contributions |
0.8 |
0.6 |
Financial expenses |
0.8 |
0.0 |
Audit fees |
0.4 |
0.2 |
Other items |
0.6 |
0.5 |
Total |
10.1 |
7.3 |
ANNUAL REPORT // 121