Annual Report 2008 - Securitas

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14 Presentation of our offering Case #3 Retail Comprehensive Security Solutions for Expanding Retail Chain A combined security solution including technology components and mobile security services has proven to be the right recipe for the Freitas Supermercados supermarket chain in northern Portugal. A supermarket chain such as Freitas, with 230 employees, is exposed to the same risks as any other retail customer: fire, intrusion, robberies, flooding and electricity failure. After only one intrusion incident, albeit a highly serious one, at one of the company’s stores, Freitas Supermercados contracted Securitas to upgrade its security level. Luis Freitas, Founder, Owner and CEO of the company, explains, “My rationale for contacting Securitas was simple: my existing intrusion alarm could easily be connected to the Securitas Monitoring Center, which would allow for call-out service, and a night patrol could be added. Also, I wanted a supplier that would be there in the long term and not go bust on me. Securitas’ international brand name and solid reputation here in Portugal are important to me since I feel security is about prevention and deterrence.” Gradually, as Freitas Supermercados opened new stores in the area, the contract expanded and a winning formula was found. “I don’t have to worry about security problems anymore. I have completely transferred them to Securitas – now they take care of our security issues,” Freitas continues. Freitas Supermercados and Securitas are now planning a security solution for a series of new stores opening in the first quarter of 2009 while they are being built. “I have chosen a supplier that also has the capability of growing with us, to follow us as we expand,” Luis Freitas concludes. Securitas Annual Report 2008 Interior patrolling Freitas stores are open from 9 a.m. to 10 p.m. every day. During closing hours, each store has one interior patrol per night, which is executed at a different time each night. The security officer makes sure that alarms are switched on, the lights are switched off, and that nothing is out of order on the floor. The round also includes checking that grills are switched off and that the fridge and freezer systems work. Exterior patrolling In 2008, the Freitas Group opened a large warehouse and logistic center. Here, Securitas supplies exterior night patrols that complement the security systems in place. Call-out services All facilities are equipped with intrusion alarms that are connected to a Securitas Monitoring Center. In the case of an alarm, a mobile security officer is sent out to the facility. Technical security solutions In addition to intrusion alarms, three of the facilities are also equipped with firedetection systems and CCTVs, including alarm-response services. Fire prevention The firedetection system is monitored and checked by the mobile security officer while on patrol. During the last four years, only one fire incident has been reported when a short circuit resulted in a fire that was put out by the security officer. Maintenance of security equipment The contract includes maintenance of all technical equipment, which is carried out regularly by Securitas’ sub-contractors. Combined security solutions All technology, maintenance, patrols and response services are combined into one contract, which means that the customer has one single point of contact at a fixed fee.
Euclides Vieira, a mobile services supervisor, at Freitas Supermercados in northern Portugal patrols during nighttime in one of the supermarkets, making sure that everything is in place.
Page 1 and 2: Annual Report 2008
Page 3 and 4: Securitas in short Sales by busines
Page 5 and 6: ” Business relationships are loca
Page 7 and 8: during the second half of the year.
Page 9 and 10: The cornerstones of our strategy Hi
Page 11 and 12: The Business model for Specialized
Page 13 and 14: Industry/Manufacturing - Case #1 pa
Page 15 and 16: Our Security officer Andy Price per
Page 17: Estuardo Turcios, one of Securitas
Page 21 and 22: Our security officer Marc Jessen he
Page 23 and 24: Security Services North America pro
Page 25 and 26: Events and key figures for 2008 ·
Page 27 and 28: Leading the Specialization in Europ
Page 29 and 30: Events and key figures for 2008 Acq
Page 31 and 32: Events and key figures for 2008 Acq
Page 33 and 34: Growing in New Markets A cornerston
Page 35 and 36: services. Asia is the third-largest
Page 37 and 38: Securitas’ monitoring services ar
Page 39 and 40: work with independent and strong lo
Page 41 and 42: Volume-related factors The first tw
Page 43 and 44: Business Risk Evaluation Model Secu
Page 45 and 46: A Securitas risk management case to
Page 47 and 48: an environmental impact from a life
Page 49 and 50: Turnover The turnover of Securitas
Page 51 and 52: DATA PER SHARE SEK/share 2008 2007
Page 53 and 54: Taxes, net income and earnings per
Page 55 and 56: Acquisitions have increased acquisi
Page 57 and 58: GRB Security, United Kingdom Securi
Page 59 and 60: Germany - U.S. Army Securitas Germa
Page 61 and 62: Items affecting comparability For t
Page 63 and 64: Proposed allocation of earnings The
Page 65 and 66: Securitas’ financial model - cons
Page 67 and 68: Securitas’ financial model - cons
Page 69 and 70:
Securitas’ financial model - cons
Page 71 and 72:
Note 1 General corporate informatio
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IFRS 8 Operating segments The Group
Page 75 and 76:
Joint ventures (IAS 31) The proport
Page 77 and 78:
Items affecting comparability This
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Employee benefits (IAS 19) The Grou
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Free cash flow in relation to net d
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After the services had been substan
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Interest rate fixing It is the poli
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AccOUNTS rEcEIvABLE AND AGEING ANAL
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are transferred from the individual
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Shareholdings The Board of Director
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JANUAry - DEcEMBEr 2007 MSEK Income
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AUDIT FEES AND rEIMBUrSEMENTS MSEK
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DEFERRED TAx ASSETS WERE ATTRIBUTAB
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Acquisitions GRB Security, United K
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Purzeczko, Poland Securitas has acq
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Impairment testing For the purpose
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Note 20. Tangible non-current asset
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Note 29. Changes in shareholders’
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Note 32. Provisions for pensions an
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MAIN AcTUArIAL ASSUMPTIONS 2008 200
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Globe and other Securitas companies
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Annual report Parent Company financ
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Balance sheet MSEK Note 2008 2007 2
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Note 40. Accounting principles The
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Note 44. Personnel AvErAGE NUMBEr O
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cHANGE ANALySIS OF SHArES IN SUBSID
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To the annual meeting of the shareh
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Significant Shareholders The princi
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The Work of the Board of Directors
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Insider Policy and Records The Boar
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3. Financial Reporting controllers
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E. Management Assurance - Function
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Sofia Schörling Högberg b. 1978 D
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Bart Adam Bart Adam b. 1965 Divisio
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MSEK 2004 2005 2006 2007 2008 CAPIT
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Statement of income 2007 MSEK q1 20
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Securitas AB Box 12307 SE-102 28 St
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Annual Report 2008 - Securitas

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