AAK Annual Report 2018

(income) for pensions include the discount rate. Each change in these assumptions will affect the carrying amount of pension obligations. The Group determines a suitable discount rate at the end of each year. This is the rate used to determine the present value of assessed future payments that are expected to be Group Parent 2018 2017 2018 2017 Audit PwC 6,866 1) 5,670 1,164 3) 1,140 Other 568 445 - - Subtotal, audit 7,434 6,115 1,164 1,140 Other audit assignments PwC 154 574 - - Other 127 121 - - Subtotal, other audit assignments 281 695 - - Tax consulting PwC 178 346 - - Other 403 146 - - Subtotal, tax consulting 581 492 - - Other assignments PwC 6,891 2) 1,684 6,761 2) 1,195 Other 688 35 - - Subtotal, other assignments 7,579 1,719 6,761 1,195 Total 15,875 9,021 7,925 2,335 demanded to settle the pension obligations. When deter- mining a suitable discount rate, the Group considers the interest rates of high-quality mortgage bonds that are denom- inated in the currency in which the benefits will be paid, and that have terms of maturity equivalent to the assessments for the pension obligation in question. See also note 9. 4 5 Note Critical accounting estimates and assumptions in applying accounting policies Note Auditors’ remuneration (SEK thousand) Restructuring A provision for restructuring is recognized when the Group has adopted a comprehensive and formal restructuring plan, and the restructuring has either been started or published. No provisions are made for future operating expenses. 79 1) Of which SEK 2,670,000 concerns PricewaterhouseCoopers AB. 2) Of which SEK 696,000 concerns PricewaterhouseCoopers AB. 3) Of which SEK 1,164,000 concerns PricewaterhouseCoopers AB. The audit assignment refers to fees for the statutory audit, i.e. work that has been necessary in order to issue the Auditors’ Report, and what is referred to as audit consulting, which is submitted in conjunction with the audit assignment.