Investor Presentaiton
nuuday
Management review Financial statements Section 1
Section 2
Section 3
Section 4 Section 5
Section 6
Parent company
Statements
2.2 Cost of sales
(DKKm)
Mobile services
Landline voice
Internet & network
TV
Other services
Total
2.3 | External expenses
2022
2021
(DKKM)
2022
2021
(3,510)
(3,331)
Marketing and advertising
(203)
(207)
(368)
(422)
(1,780)
(1,681)
Subscriber acquisition and retention, cf. note 3.5
Properties
(172)
(163)
(121)
(110)
(2,427)
(1,742)
(9,827)
(2,457)
(1,773)
(9,664)
IT
(402)
(339)
Temps and personnel-related expenses
(77)
(59)
Other
(397)
(548)
Total
(1,372)
(1,426)
Comments
Nuuday derives the vast majority
of its cost of sales from contracts
with TDC NET A/S. In 2020 Nuuday
entered into a contract with
TDC NET A/S under which end-to-
end mobile services are provided.
The contract has an initial term of
eight years, including an additional
seven years phaseout period if the
contract is not extended. See also
note 6.2.
§ Accounting policies
Cost of sales includes transmission costs
and cost of goods sold. Transmission
costs include external expenses related
to operation of mobile and landline net-
works and leased transmission capacity
as well as interconnection and roaming
costs related directly to the Group's pri-
mary income.
Cost of goods sold includes terminal
equipment and transmission material as
well as TV-programme rights and other
content costs.
§ Accounting policies
External expenses include expenses re-
lated to marketing and advertising, sub-
scriber acquisition costs (over the ex-
pected term of the related customer re-
lationship), IT, property, expenses related
to staff, capacity maintenance, service
contracts, etc.
Nuuday Annual Report 2022
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