New Wave Group Annual Report 2025 2025 | Page 136

NWG // FINANCIAL INFORMATION // THE GROUP

Note 20- Net assets in foreign currencies

The table shows currency exposed equity distributed by each currency before Group adjustments.

SEK million Net assets 2025 2024 Euro, EUR 2,139 1,951 Canadian dollar, CAD 161 191 Swiss franc, CHF 376 270 US dollar, USD 2,284 2,613 Czech koruna, CZK 32 0 Norwegian krone, NOK 222 226 Danish krone, DKK 82 82 Chinese yuan, CNY 89 76 Polish zloty, PLN 368 124 Hong Kong dollar, HKD 142 141 British pound, GBP 450 476 Icelandic krona, ISK-1 0 Total net assets in foreign currencies 6,343 6,152

Contingent liabilities

Accounting policies

A contingent liability is recognized for a possible obligation, for which it is not yet confirmed that a present obligation exists that could lead to an outflow of resources. Alternatively, there is a present obligation that does not meet the definitions of a provision or a liability as it is not probable that an outflow of resources will be required to settle the obligation or a sufficiently reliable estimate of the amount of the obligation cannot be made.

SEK million 2025 2024 Duty guarantees 12 14 Rent guarantees 101 122 Guarantees for associated companies 6 6

Total 120 143

Note 22- Other current liabilities

Note 21- Pledged assets and contingent liabilities

Pledged assets

The Group ' s pledged assets consists of collateral for the Group ' s interest-bearing liabilities to credit institutions which amounted to SEK 2,644 million( 1,650) at year-end. Security for the main financing agreement is made up of floating charges, property mortgages, and assets in Group companies. Trademarks have been specifically pledged and are included in the net assets of the Group companies. Parts of the Group’ s inventory and accounts receivable constitute security for Group companies’ local funding. See further Note 16, section Liquidity risk, for maturity analysis and information regarding the conditions for the Group’ s financing.

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