NWG Annual Report 2019 - EN NWG Annual Report 2019 - EN | Page 100

NWG // FINANCIAL INFORMATION //
THE GROUP
Note 21 - Net assets in
foreign currencies
The table shows currency exposed equity distributed by each
currency before Group adjustments.
SEK million
Net assets 2019 2018
Euro, EUR 914.2 848.3
Canadian dollar, CAD 156.7 175.3
Swiss franc, CHF 259.4 151.8
1 456.6 1 364.0
80.4 63.6
US dollar, USD
Norwegian krone, NOK
Danish krone, DKK 61.1 64.9
Chinese yuan, CNY 46.4 43.5
Polish zloty, PLN 30.5 25.3
Hong Kong dollar, HKD 85.8 67.6
British pound, GBP 62.0 54.3
Icelandic krona, ISK
Total net assets in foreign currencies
4.2 0.0
3 157.4 2 858.5
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 17, section
Liquidity risk, for maturity analysis and information regarding the
conditions for the Group’s financing.
Note 24 - Other provisions
SEK million
Other provisions
Other provisions at the beginning
of the year
Reversed during the year
Provisions during the year
Translation differences
Other provisions at year-end
2019
2018
3.1 2.0
-2.7
0.4
0.1
0.9 0.0
1.0
0.1
3.1
2019 2018
83.9 82.3
11.6 10.5
11.5 16.2
Note 22 - Credit limit
Interest-bearing liabilities consist of loans and bank over-
draft facilities. Amount granted in relation to these liabilities
amounts to SEK 3,212 (2,765) million.
Note 23 - Pledged assets
SEK million
Floating charges
Property mortgages
Net assets in Group companies
Shares in associated companies
Inventory and accounts receivable
Total
2019
690.5
178.0
3 143.5
8.3
613.5
4 633.9
2018
537.5
171.8
3 158.1
0.0
521.0
4 388.5
The Group's pledged assets consists of collateral for the Group's
interest-bearing liabilities to credit institutions which amounted
to SEK 2,512.3 (2,143.2) million at year-end.
Security for the main financing agreement is made up of
floating charges, property mortgages, and net assets in Group
100 // ANNUAL REPORT
Note 25 - Other current
liabilities
SEK million
VAT
Repayment liabilities, returns
Personal income tax
Other wage deductions
Social security contributions
Liabilities to employees
Liabilities to customers
Currency futures
Earn-out
Purchase price not paid
Giftcards not redeemed
Other items
Total
1.3 0.9
1.7 5.2
8.4 11.6
0.0 4.5
2.2 0.1
0.0 1.1
2.3 14.0
0.0 1.4
16.9 24.3
139.8 172.3