NWG // FINANCIAL INFORMATION //
THE GROUP
Note 13 - Shares in associated companies
Accounting policies
Associated companies are those companies in which the Group directly or indirectly has a significant , but not controlling , influence , generally corresponding to between 20 and 50 percent of the voting rights . Shares in associated companies are accounted for using the equity method and are initially recorded at cost . In the consolidated income statement on the row shares of associated companies ’ result , the Group ’ s share of the associated companies ' result after tax is recorded . This item is recognized in operating result , since the associated companies essentially carry out the same operations as the Group ’ s other business activities . In the Group ’ s consolidated balance sheet the shares in associated companies are recorded at cost and adjusted based on the Group ’ s share of the result after the acquisition date and any dividends received .
SEK million |
Corporate identity number |
Domicile |
Share of capital , % |
Share of votes , % |
Number of shares |
2022 Book value |
2021 Book value |
Dingle Industrilokaler AB |
556594-6570 |
Munkedal |
49 |
49 |
83 055 |
6.7 |
6.7 |
Kosta Köpmanshus AB |
556691-7042 |
Lessebo |
49 |
49 |
7 350 |
32.0 |
32.0 |
Jobman Workwear GmbH |
HRB-758048 |
Freiberg |
49 |
49 |
2 |
0.0 |
0.0 |
Total |
|
|
|
|
|
38.7 |
38.7 |
Based on IFRS 10 and 11 , New Wave Group is not considered to have controlling influence over the above presented companies .
Company ' s equity amounted to
The Group ' s share of total comprehensive income for the year
The Group ' s share of contingent liabilities
SEK million |
2022 |
2021 |
2022 |
2021 |
2022 |
2021 |
Dingle Industrilokaler AB |
14.7 |
14.7 |
0.0 |
-0.5 |
None |
None |
Kosta Köpmanshus AB |
64.1 |
64.1 |
0.0 |
0.0 |
None |
None |
Jobman Workwear GmbH |
-6.7 |
-3.0 |
-1.8 |
-0.6 |
None |
None |
Note 14 - Other long-term receivables
SEK million |
2022 |
2021 |
Deposits |
6.6 |
4.9 |
Other long-term receivables |
7.3 |
6.9 |
Total |
13.9 |
11.8 |
096 // ANNUAL REPORT