Note 16 - Untaxed reserves
Note 17 - Credit limit
Note 18 - Accrued expenses and prepaid income
NWG // FINANCIAL INFORMATION //
THE PARENT COMPANY
Note 16 - Untaxed reserves
SEK million |
2023 |
2022 |
Accelerated depreciation |
1.5 |
1.1 |
Tax allocation reserve 2017 |
0.0 |
13.3 |
Tax allocation reserve 2018 |
22.4 |
22.4 |
Tax allocation reserve 2019 |
19.3 |
19.3 |
Tax allocation reserve 2020 |
0.0 |
0.0 |
Tax allocation reserve 2021 |
43.0 |
43.0 |
Tax allocation reserve 2022 |
38.6 |
38.6 |
Total |
124.8 |
137.7 |
Deferred tax on untaxed reserves amounts to SEK 27.5 ( 29.0 ) million .
Note 17 - Credit limit
During the fourth quarter , the group extended one of its financing agreements by one year , until December 2026 . The total credit line as of December 31 2023 amounted to SEK 2,753.2 million , of which USD 1.4 million is in effect through January 2024 , SEK 2,150.0 million is in effect through December 2026 , SEK 164.1 million is in effect through August 2027 and SEK 175.0 million has a term that extends to December 2030 . The other SEK 250.0 million has a term of between three months and four years . The credit line is limited in amount to and dependent on the value of certain underlying assets . The financing agreement means that key figures ( covenants ) must be met in order to maintain the credit line . The group ’ s key figures ( covenants ) were fulfilled as of December 31 , 2023 .
Note 18 - Accrued expenses and prepaid income
SEK million |
2023 |
2022 |
Holiday pay liability |
6.9 |
5.8 |
Special employer ' s contribution |
1.0 |
1.0 |
Social security contributions |
0.9 |
0.7 |
Financial expenses |
0.0 |
0.0 |
Audit fees |
0.5 |
0.0 |
Other items |
1.1 |
0.3 |
Total |
10.4 |
7.8 |
ANNUAL REPORT // 125