New Wave Group AB Annual_report_2018_EN_HQ | Page 117

NWG // FINANCIAL INFORMATION //
THE PARENT COMPANY
Note 16 - Untaxed reserves
SEK million
Accelerated depreciation
Tax allocation reserve 2016
Tax allocation reserve 2017
Tax allocation reserve 2018
Total
2018
5.4
3.5
16.5
22.4
47.9
2017
5.1
3.5
16.8
-
25.4
Deferred tax on untaxed reserves amounts to SEK 10.5 million (SEK 5.6 million).
Note 17 - Credit limit
Amount granted in relation to loans and bank overdraft
facilities amounts to SEK 2,765 (2,289) million.
The Parent company signed a new funding agreement as of
11 April 2018. The total credit facility amounted to SEK 2,765
million as of 31 December 2018. The credit facility amount
is limited to, and dependent on, the value of some underlying
assets.
Within this credit framework, some subsidiaries can also raise
their own financing and at that time the Parent company had
the opportunity to utilize SEK 2,406 (2,271) million. Of this
amount, USD 30 million runs until January 2024 and SEK
250 million has a maturity of three months. The remaining part
runs until March 2022.
Note 18 - Accrued expenses and
prepaid income
SEK million
Accrued salaries
Holiday pay liability
Social security contributions
Special employer's contribution
Board members' fees
Audit
Interest
Marketing costs
Other items
Total
2018
0.0
3.2
0.5
1.6
0.0
0.3
0.3
0.0
0.6
6.5
2017
0.2
2.6
0.5
1.1
0.1
0.2
1.0
0.7
0.0
6.4
ANNUAL REPORT // 117