New Wave Group Annual Report 2024 | Page 123

Note 18- Prepaid expenses and accrued income
Note 19- Net debt and credit limit
NWG // FINANCIAL INFORMATION //
THE GROUP
Note 18- Prepaid expenses and accrued income
SEK million
2024
2023
IT expenses
53.9
24.8
Marketing expenses
18.8
12.5
Operational costs
11. 3
12.8
Prepaid incurance
7.5
7.0
Licensfee
6.0
3.5
Trade fair costs
5.5
3.5
Accrued income with additional performance obligation
3.3
2.4
Samples
2.1
1.4
Catalogue costs
2.0
3.1
Wage costs
1.7
4.7
Prepaid royaltycosts
1.3
1.3
Other prepaid costs
5.0
2.5
Total
118. 5
79.7
Note 19- Net debt and credit limit
Net debt
SEK million
2024
2023
Cash and cash equivalents
-545.8
-372.6
Long-term interest-bearing liabilities
2,165.9
2,194.9
Short-term interest-bearing liabilities
198.7
206.6
Total
1,818.8
2,028.9
of which lease liabilities Long-term interest-bearing liabilities
584.5
448.9
Short-term interest-bearing liabilities
129.9
111. 5
Total
714.4
560.4
Effective interest rate
5.2 %
3.8 %
Change in interest-bearing liabilities
SEK million
2024
2023
Liability at the beginning of the year
2,401.6
2, 749.1
Currency effect
22.5
-19.1
Borrowing bank * 0.0 0.0 Borrowing leasing debts 0.0 0.0 Acquisition of shares 306.2 25.6 Amortization *-191.0-205.5 Amortization of lease liabilities *-174.7-148.6 Liability at year-end 2,364.7 2,401.6
Credit limit Interest-bearing liabilities consist of loans and bank overdraft facilities. Amount granted in relation to these liabilities amounts to SEK 2,670.3( 2,753.2) million. * Refers to cashflow-affecting items.
ANNUAL REPORT // 123