New Wave Group AB Annual report 2017 EN | Page 100

NOTE 6 REMUNERATION TO AUDITORS AND AUDIT COMPANY
NOTE 7 FINANCIAL INCOME AND COST
NOTE 8 APPROPRIATIONS
NOTE 9 TAX ON RESULT FOR THE YEAR
THE PARENT COMPANY
FINANCIAL INFORMATION
NOTE 6 REMUNERATION TO AUDITORS AND AUDIT COMPANY
SEK million
2017
2016
Audit assignment
Ernst & Young
1.0
0.9
Audit work outside audit assignment
0.0
0.3
Tax consultancy
0.8
0.0
Total
1.8
1.2
NOTE 7 FINANCIAL INCOME AND COST
SEK million
2017
2016
Write down of financial fixed assets
-79.1
-2.4
Reversal write-down of financial assets
2.7
0.4
Reduction share capital
0.0
30.2
Dividends from subsidiaries
387.2
389.8
Financial income , Group companies
44.6
44.8
Financial income , other
21.9
21.9
Financial expenses , Group companies
-3.5
-6.9
Financial expenses , other
-48.2
-54.7
Total
325.6
423.0
Income was adversely affected by SEK 79.1million ( SEK 2.4 million ) relating to a write down of fixed assets . This is primarily due to capital contributions to subsidiaries to cover losses . The contributions are not expected to convey further value to the subsidiaries and have thus been charged against income .
NOTE 8 APPROPRIATIONS
SEK million
2017
2016
Paid Group contributions
112 . 2
73.4
Received Group contributions
-32.5
-32.7
Difference between reported depreciation and depreciation according to plan
-1.8
-3.2
Tax allocation reserve
-16.8
-3.6
Total
61.0
33.9
NOTE 9 TAX ON RESULT FOR THE YEAR
SEK million
2017
2016
Current tax
-11.1
-2.3
Tax attributable to previous years
1.2
-2.7
Total
-9.9
-5.0
Reconciliation of actual tax
Result before tax
359.9
440.1
Tax expense according to local tax rate
-79.2
-22.0%
-96.8
-22.0%
Tax effects from : Non taxable income
85.2
23.7 %
92.0
20.9 %
Non deductible expenses
-17.0
-4.7%
-0.7
-0.2%
Taking in use previously not activated loss carry-forward
0.0
0.0 %
3.2
0.0 %
Tax attributable to previous years
1.2
0.3 %
-2.7
-0.6%
Other
-0.1
0.0 %
0.0
0.0 %
Tax according to income statement
-9.9
-2.7%
-5.0
-1.1 %
100 | NWG 2017