EXAMPLE PAGE - ANNUAL REPORT - THE SWEDISH CLUB - Flipbook - Sida 67
NOTES - FINANCIAL STATEMENTS
Note 7.
Net operating expenses
2021
2020
Acquisition costs
Change in prepaid acquisition costs
Internal operating expenses for acquisition of insurance contracts
-18,814
1,059
-7,286
-15,814
512
-6,895
Acquisition costs
-25,041
-22,198
Administrative expenses
-5,911
-4,871
Net operating expenses
-30,952
-27,069
Allocation of other operating expenses in the income statement:
Claims handling expenses reported as claims paid
Finance administrative expenses reported as Financial costs, Note 11
-13,025
-344
-9,422
-320
-44,321
-36,812
-363
-17,424
-167
-1,820
-1,375
-4,282
-170
2,266
421
-17,755
-3,652
-404
-15,105
-113
-1,540
-1,335
-2,936
-178
3,438
187
-15,303
-3,523
-44,321
-36,812
Operating expenses include remuneration to PwC
2021
2020
Audit assignment
- of which concern PwC Sweden
Other statutory assignments
Tax advice services (nothing concerns PwC Sweden)
Other services
- of which concern PwC Sweden
-138
-91
-3
-145
-
-116
-84
-8
-4
-2
Specification of net operating expenses reported in the income statement:
Total operating expenses analysed under the following categories:
Advertising and selling expenses
Personnel costs
Travel expenses
Cost of premises
Office expenses
External services and fees1)
Depreciation
Charged claims handling cost
Other revenue
External acquisition costs
Costs for The Swedish Club Hong Kong Limited
1)
Note 8.
Operational leasing
Machinery &
Equipment
Buildings &
Premises
231
208
112
-
1,835
1,641
3,527
-
Fees due
Year 2021
1 year
2 - 5 years
> 5 years
The company has operational leasing agreements, mainly rental agreements for premises, that are presented above.
THE SWEDISH CLUB ANNUAL REPORT 2021
67