Annual Report 2016

F.8. Accruals and prepayments

In CZK million, as at 31 December20162015
Deferred acquisition costs991790
Accrued income and prepayments351295
Total1,3421,085
Current portion1,3421,085

XLS

F.8.1. Deferred acquisition costs

In CZK million, as at 31 December20162015
Carrying amount as at 31 December previous year790779
Net change of deferred acquisition costs20111
Carrying amount as at 31 December current year991790

XLS

As described in Note C.1.26, the Company defers only non-life insurance acquisition costs. As a result, all deferred acquisition costs are usually released within one year.