Svenska Spel

Note 20 - Settlement funds and funded winnings

Unclaimed winnings and payment rounding amounts are placed in the settlement fund for games and lotteries. Withdrawals from the settlement fund are used for payment of claimed winnings (claims), repayment to winning participants in various games and to increase winnings frequency in lotteries. Funded winnings consist of current winnings per product and game. In the case of games, profits are allocated to the fund after the completion of games and series; while in the case of lotteries, profit is allocated when the lottery ticket is activated, meaning when the lottery starts.

  Group   Parent Company
SEK million 2012 2011   2012 2011
Settlement funds          
Provision at the beginning of the year 136 125   136 125
Change for the year 107 11   107 11
Provision at the end of the year 243 136   243 136
           
Funded winnings          
Provision at the beginning of the year 285 143   227 95
Change for the year 157 142   192 132
Provision at the end of the year 441 285   420 227

Share: