Annual Report 2015

F.8. Accruals and prepayments

In CZK million, as at 31 December20152014
Deferred acquisition costs790779
Accrued income and prepayments295187
Total1,085966
Current portion1,085966

XLS

F.8.1. Deferred acquisition costs

In CZK million, as at 31 December20152014
Carrying amount as at 31 December previous year779748
Net change of deferred acquisition costs1131
Carrying amount as at 31 December current year790779

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.