NWG Annual Report 2019 - EN NWG Annual Report 2019 - EN | Page 91

NWG // FINANCIAL INFORMATION //
THE GROUP
Note 15 - Deferred tax assets and
tax liabilities
Deferred tax assets and liabilities in the Group assigned to:
SEK million 2019
Assets Liabilities 2018
Assets Liabilities
Loss carry-forwards
Internal profits
Reserves
Depreciation and fixed assets
Inventory
Accounts receivable
Personnel costs
Additional purchase price
Leasing
Prepaid costs
Trademarks
Tax allocation reserves and accelerated depreciation
Cash flow hedges
Other temporary differences
Set-off of deferred tax assets and deferred tax liabilities
Deferred tax assets and liabilities 41.7
29.5
0.0
10.3
28.9
8.9
1.9
0.0
0.0
0.0
0.0
0.0
0.5
0.8
-9.8
112.8 0.0
12.6
0.0
12.4
0.8
0.0
0.0
0.0
0.0
1.9
109.2
17.3
0.0
0.3
-9.8
144.8 39.4
27.2
0.0
3.5
26.8
8.1
1.2
2.1
1.5
0.0
0.0
0.0
0.0
1.1
0.0
111.1 0.0
10.0
1.4
10.8
0.8
0.0
0.0
0.0
0.0
1.6
105.9
13.6
0.1
0.4
0.0
144.6
Loss carry-forwards
At the year-end the Group had total tax loss carry-forwards of
SEK 434.6 (373.8) million. Deferred tax has been recognized on
SEK 169.7 (153.9) million of the tax losses which has resulted in a
deferred tax asset of SEK 41.7 (39.4) million. The maturity for all
tax loss carry-forwards is shown in the table below.
Deferred tax liability arising from tax allocation reserves and acce-
lerated depreciation in Sweden are due as follows:
SEK million
2022
2023
2024
2025
Unlimited lifetime
Total
2019
0.8
5.1
4.9
4.2
2.3
17.3
2018
0.8
5.1
4.9
0.0
2.6
13.5
Total loss carry-forwards expire as follows:
SEK million
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029-2036
Unlimited lifetime
Total
2019
2018
0.0 0.1
0.0 0.0
8.3 8.0
11.2 10.8
14.4 13.8
8.2 0.0
0.0 0.0
12.9 6.0
16.5 15.9
97.4
265.7
434.6 61.3
257.9
373.8
ANNUAL REPORT // 091