I.A. Årsredovisning 2020 ENG 1
NOTE 12 OTHER LONG-TERM SECURITIES Carrying amoun
t 12/31/2020 Unlisted shares Accumulated acquisition cost: Opening carrying amount Purchase Carrying amount at year-end NOTE 13 DEFERRED TAX ASSETS Opening carrying amount Reported in income statement NOTE 14 PREPAID EXPENSES AND ACCRUED INCOME Prepaid rent Accrued income Other NOTE 15 UNTAXED RESERVES Tax allocation reserve fiscal year 2016 Tax allocation reserve fiscal year 2017 Tax allocation reserve fiscal year 2018 Tax allocation reserve fiscal year 2019 Tax allocation reserve fiscal year 2020 Accumulated difference between tax depreciation and depreciation according to the plan NOTE 16 FINANCIAL LIABILITIES 12/31/2020 Non-current borrowings Bond loans Subordinated loan from Parent Company Current borrowings Overdraft facilities 1,495,800 350,000 1,845,800 514,705 514,705 A bond loan has been issued to finance the business acquisitions. The loan runs for a period of 5 years at floating rate, and is listed on Nasdaq Stockholm. The lenders have made certain requirements regarding interest-bearing liabilities in relation to EBITDA, interest coverage and restrictions related to admission of new loans. The parent company Hedin Group AB has submitted a loan of kSEK 350,000. The loan runs without interest and is subordinated to other liabilities. The loan matures on 12/31/2022. 12/31/2019 1,493,400 350,000 1,843,400 1,023,408 1,023,408 The Group has an overdraft facility of kSEK 1,225,000 (kSEK 1,225,000), which is renegotiated on an annual basis. The fair value of the borrowing corresponds to the carrying amount, since the discount effect is not significant. The total borrowings run at variable margins of approx. 1.2 – 2.0%. 12/31/2020 5,600 11,700 17,200 9,200 15,800 1,808 61,308 12/31/2019 5,600 11,700 17,200 9,200 0 956 44,656 12/31/2020 1,969 0 2,879 4,848 12/31/2019 1,518 305 2,747 4,570 12/31/2020 44 2,522 2,566 12/31/2019 0 44 44 11,000 11,000 0 11,000 11,000 12/31/2019 0 0 0 0 0 80 I.A. HEDIN BIL AB / ANNUAL REPORT / 2020