EXAMPLE PAGE - ANNUAL REPORT - THE SWEDISH CLUB - Flipbook - Sida 73
NOTES - FINANCIAL STATEMENTS
Note 22.
Pensions and similar obligations
Pension provisions
Provision for deferred non-vested pension
2021
2020
193
-
325
5
193
330
Staff related costs for defined-benefit and defined-contribution pensions are reported as personnel costs as the benefits are
earned. The defined-benefit plan is treated in accordance with RFR2 meaning that pension costs correspond to paid pensions
premium. The total premium paid during the year amounted to USD 2,312 thousand.
Pension provisions include the capital value of pension obligations for prior senior executives, which amounts to USD 193 (232)
thousand.
Pension payments for the year amounted to USD 3 thousand.
.
Note 23.
Taxes
2021
2020
-577
-644
-2 578
-6
-1,221
-2,584
Opening balance
Change recognised in income statement
8,970
577
6,392
2,578
Closing balance
9,547
8,970
Opening balance
Change reported in untaxed reserves
43,628
-7,292
42,974
654
Closing balance
36,336
43,628
Tax on result for the year
Deferred tax1)
Other taxes
Closing accumulated cost
1)
Tax rate 20.6%. Current years deferred tax is assignable to unrealised value changes in investment assets.
Change in provision for deferred tax
Change in provision for deferred tax reported in untaxed reserves
THE SWEDISH CLUB ANNUAL REPORT 2021
73