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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 unclaimed winnings (compensation claims), repayment to winning participants in various games, for example to increase winnings frequency in lotteries for a specific campaign.

Funded winnings consist of winnings under the total winnings schedule per product and game but, which have yet to be won, for example, the build-up of a jackpot. In the case of games, profits are allocated to the fund after the completion of games; while in the case of lotteries, profit is allocated when the lottery ticket is activated to be sold.
  Group   Parent Company
SEK million 2013 2012   2013 2012
Settlement fund          
Opening provision  243 136   243 136
Change for the year  –45 107   –45 107
Closing provision  198 243   198 243
Funded winnings          
Opening provision  441 285   420 227
Change for the year  1 157   3 192
Closing provision 442 441   423 420