Securitas AB Annual Report 2005

Table 5. Consolidated Balance Sheet December 31, 2004 in the Annual Report Format
Notes and comments to the consolidated fi nancial statements
Swedish GAAP Effects of transition to IFRS IFRS
MSEK Note Dec 31, 2004 Reclassifi cation Other effects Dec 31, 2004
ASSETS
Fixed assets
Goodwill A 14,508.3 –343.4 1,137.0 15,301.9
Acquisition related intangible fi xed assets B – 506.7 –73.5 433.2
Other intangible fi xed assets C 431.9 –163.3 – 268.6
Buildings and land 1,043.2 – – 1,043.2
Machinery and equipment 4,776.8 – – 4,776.8
Deferred tax assets D 1,442.2 – –0.6 1,441.6
Interest-bearing fi nancial fi xed assets 138.2 – – 138.2
Other long-term receivables E 434.0 – – 434.0
Total fi xed assets 22,774.6 – 1,062.9 23,837.5
Current assets
Inventories 608.6 – – 608.6
Accounts receivable F 7,279.0 1,549.0 – 8,828.0
Other current receivables G 2,448.2 – – 2,448.2
Short-term investments 2,192.1 – – 2,192.1
Cash and bank deposits 928.3 – – 928.3
Total current assets 13,456.2 1,549.0 – 15,005.2
TOTAL ASSETS 36,230.8 1,549.0 1,062.9 38,842.7
SHAREHOLDERS’ EQUITY AND LIABILITIES
Shareholders’ equity
Share capital 365.1 – – 365.1
Other capital contributed 7,362.6 – – 7,362.6
Other reserves –2,155.8 1,547.0 –57.1 –665.9
Retained earnings
Total shareholders’ equity attributable to the equity holders of the
5,226.4 –1,547.0 1,085.1 4,764.5
Parent Company 10,798.3 – 1,028.0 11,826.3
Minority interests – – 16.6 16.6
Total shareholders’ equity 10,798.3 – 1,044.6 11,842.9
Minority interests 16.6 – –16.6 –
Long-term liabilities
Long-term convertible debenture loans 3,940.6 – – 3,940.6
Other long-term loan liabilities 6,201.2 – – 6,201.2
Other long-term liabilities 90.8 – – 90.8
Provisions for pensions and similar commitments H 851.4 – – 851.4
Deferred tax liability I 408.8 – 66.1 474.9
Other provisions J 821.2 – –31.2 790.0
Total long-term liabilities 12,314.0 – 34.9 12,348.9
Current liabilities
Other short-term loan liabilities K 2,200.9 1,549.0 – 3,749.9
Accounts payable 1,411.4 – – 1,411.4
Other current liabilities L 9,489.6 – – 9,489.6
Total current liabilities 13,101.9 1,549.0 – 14,650.9
TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES 36,230.8 1,549.0 1,062.9 38,842.7
Table 6. Consolidated Changes in Shareholders’ Equity as per December 31, 2004 in the Annual Report Format
MSEK Note Share capital
Shareholders’ equity attibutable to the equity holders of the Parent Company
Other capital
contributed
Other
reserves
Retained
earnings Total
Minority
interests Total
Opening balance 2004 according to adopted balance sheet 365.1 7,362.6 –1,547.0 5,020.4 11,201.1 – 11,201.1
Effects of transfer of opening balance for translation differences – – 1,547.0 –1,547.0 – – –
Effects of change in accounting principle IAS 19/RR 291 – – – –530.8 –530.8 – –530.8
Effects in change of accounting principle IFRS 32 – – – 24.2 24.2 – 24.2
Effects of change regarding transfer of minority interests3 – – – – – 15.6 15.6
Opening balance 2004 according to IFRS 365.1 7,362.6 – 2,966.8 10,694.5 15.6 10,710.1
Net investment hedges – – 163.8 – 163.8 – 163.8
Translation differences – – –829.7 – –829.7 0.3 –829.4
Net income/expense recognized directly in equity – – –665.9 – –665.9 0.3 –665.6
Net income for the year – – – 2,527.8 2,527.8 0.7 2,528.5
Total change excluding transactions with equity holders – – –665.9 2,527.8 1,861.9 1.0 1,862.9
Dividend paid to shareholders of the Parent Company – – – –730.1 –730.1 – –730.1
Closing balance 2004 according to IFRS 365.1 7,362.6 –665.9 4,764.5 11,826.3 16.6 11,842.9
1 The impact from IAS 19 while being considered an IAS/IFRS adjustment has already impacted the shareholders’ equity that was presented in the annual report for 2004 since the Swedish standard corresponding to IAS 19 -
RR 29 was implemented under Swedish GAAP as per January 1, 2004.
2 IFRS 3 required that the opening balance for restructuring provisions included in goodwill, and not qualifying under IFRS 3, should be reversed to equity net of deferred tax.
3 Minority interests are under IFRS treated as a separate component of shareholders’ equity.
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