Note G16 Deferred tax Deferred tax assets and liabilities are distributed as follows:
31/12/2021 31/12/2020
Deferred tax assets: Deferred tax assets assessed to be utilised after more than 12 months Deferred tax assets assessed to be utilised within 12 months
0.0 0.1 0.1
0.0 0.0 0.1
G1 G2 G3 G4 G5 G6 G7 G8 G9
Total
Deferred tax liabilities Deferred tax liabilities assessed to be utilised after more than 12 months Deferred tax liabilities assessed to be utilised within 12 months
207.6
219.9
12.5
14.5
Total
220.1
234.4
Net change in deferred taxes is as follows:
31/12/2021 31/12/2020
Opening balance
234.3 -14.2 220.1
247.9 -13.6 234.3
G10 G11 G12 G13 G14 G15 G16 G17 G18 G19 G20 G21 G22 G23 G24 G25 G26 G27 G28 G29
Reported in statement of comprehensive income
Closing balance
Changes in deferred tax assets and tax liabilities during the year, without regard to offsets made within the same tax jurisdiction, are shown below:
Customer relationships
Deferred tax liabilities As of December 31, 2019 Reported in statement of comprehensive income As of December 31, 2020 Reported in statement of comprehensive income As of December 31, 2021
Platform
Trademark
Other
Total 247.9 -13.5 234.4 -14.2 220.1
191.1
3.4
49.7
3.7
-11.9 179.2 -11.4 167.8
-1.7
-
0.0 3.8
1.7
49.7
-1.7 -0.0
-0.1 49.6
-1.0
2.7
Deferred tax assets
Interest rate cap
Right of use assets
Total
As of December 31, 2019
0.0
-
0.0 0.1 0.1
Reported in statement of comprehensive income
-0.0
0.1 0.1
As of December 31, 2020
-
Reported in statement of comprehensive income
-
-0.0
-0.0
As of December 31, 2021
-
0.1
0.1
P1 P2 P3 P4 P5 P6 P7 P8 P9
Note G17 Accounts receivable
31/12/2021 31/12/2020
Not overdue accounts receivable
24.1
17.8
1-30 days 31-60 days
4.2 0.4 4.8 9.4
2.4 0.3 4.3 7.0
31/12/2021 31/12/2020
Accounts receivable
33.5 -4.8 28.7
24.8 -4.4
> 61 days
Reserve for expected credit losses
Total overdue accounts receivable
Total 20.4 The carrying amount of accounts receivable is considered to be a good approx- imation of the fair value, since the discounting effect is not significant. As of December 31, 2021 net accounts receivable amounted to SEK 28.7million (20.4) after the provision of expected customer losses. Accounts receivable due amounted to SEK 9.4million (7.0). Of the accounts receivable due between 1-60 days at the balance sheet date, SEK 4.6million, SEK 4.0million had been paid before 2022-01-31.
Change in reserve for expected credit losses: Opening balance
4.4
3.5
Reserve for expected credit losses/reserve reversal
0.5
0.9
Credit losses recovered and reversed
-0.1
-0.1
Closing balance 4.4 Hemnet's customer base mainly consists of residential property sellers with real estate brokers acting as agents. Furthermore, in addition to property sellers and real estate agents, customers also consist of advertisers and real estate developers. Collateral for receivables is not normally held. There are no significant credit concentrations, the number of customers is significant and they are geographically well-distributed. The payment terms are normally 4.8
As of the balance sheet date, there were no accounts receivable in foreign currency. The age analysis of accounts receivable is as follows:
56 · HEMNET GROUP | ANNUAL AND SUSTAINABILITY REPORT 2021
Financial statements
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