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Group
Parent company
(DKKm)
2022
2021
2022
2021

20. Purchase price adjustment (earn-out)

Beginning of year
259
255
Additions during the year
12
4
Disposals during the year
0
0
End of year
271
259

21. Other provisions

Lawsuits
3
18
3
0
Other provisions
19
24
11
12
Total
22
42
14
12
Provisions for litigation are determined based on an assessment of the risk in each individual case.
Other provisions comprise pensions, onerous contracts, etc.
Lawsuits
Beginning of year
18
49
0
4
Additions during the year
3
0
3
0
Reversed
-18
-31
0
-4
Used
0
0
0
0
End of year
3
18
3
0
Other provisions
Beginning of year
24
24
12
11
Additions during the year
1
5
0
5
Reversed
-3
-1
0
0
Used
-3
-4
-1
-4
End of year
19
24
11
12

22. Contingent assets and liabilities

Loss guarantees for mortgage loans
108
118
57
63
Other guarantees and commitments
8
17
2
6
Total
116
135
59
69
Tax
The Group has a deferred tax asset of DKK 0.5 billion (2021: DKK 0.4 billion). Due to the uncertainty as to whether this can be utilised, the tax asset has not been recognised in the balance sheet.
Lawsuits
Finansiel Stabilitet is a party to several lawsuits instituted by the company, including two cases against the former managements, etc. of banks that have been taken over. Finansiel Stabilitet on an ongoing basis recognises legal costs and other expenses in relation to litigation, e.g. expenses for valuation experts. Action is brought only in instances where it is believed to be more likely than not that the ruling will be in the company’s favour.
Finansiel Stabilitet | Annual Report 2022