Note 6- Salaries, other remuneration and social security contributions
NWG // FINANCIAL INFORMATION //
THE GROUP
Note 6- Salaries, other remuneration and social security contributions
Accounting policies
Remuneration to employees in the form of salaries, paid leave, paid absence due to sickness, pensions etc. are recognized as they are earned. Both defined benefit and defined contribution pension plans are used in New Wave Group. The defined benefit pension plans are only smaller pension plans. For whitecollar employees in Sweden ITP 2-plan defined benefit pension obligations for retirement- and family pensions( or family pension) are secured through insurance in Alecta. According to a statement from the Swedish Financial Reporting Board,
UFR 10 Accounting for pension plan ITP 2 financed by insurance in Alecta, this is a defined benefit plan that covers several employers. Since Alecta does not have sufficient information available for measurement, the Group’ s pension obligation with Alecta is accounted for as a defined contribution plan. The Group’ s contributions to defined contribution pension plans are charged to the income statement in the period to which they are attributable.
SEK million |
2025
Salaries and other remuneration
|
Social security contributions |
Of which pension costs |
2024
Salaries and other remuneration
|
Social security contributions |
Of which pension costs |
Parent company |
52 |
24 |
6 |
39 |
19 |
5 |
Group companies in Sweden |
326 |
143 |
22 |
314 |
135 |
21 |
Group companies abroad |
1,045 |
216 |
35 |
986 |
195 |
35 |
Group total |
1,422 |
383 |
64 |
1,338 |
349 |
60 |
Of which purchasing and |
|
|
|
|
|
|
production personnel |
218 |
57 |
3 |
217 |
60 |
3 |
Of the Parent company ' s pension costs, SEK 0 million( 0) concerns the Group ' s Board and the CEO of the Group. Of the Group ' s pension costs, SEK 5 million( 6) concerns the Board and CEOs.
ANNUAL REPORT // 113