Annual Report 2010 - Falck

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Notes to the parent company financial statements Note DKK million 17 Financial instruments (continued) Parent Company | Falck Annual Report 2010 109 maturity analysis of financial assets and liabilities Assumptions applied in the maturity analysis: The maturity analysis is based on all non-discounted cash flows including estimated interest payments. Interest payments have been estimated based on the current market conditions. The undiscounted cash flows from derivative financial instruments are presented gross, unless the parties have a contractual right/obligation to settle net. Due Due Due Contrac- within between between Due tual Total one 1 and 3 3 and 5 after 5 cash carrying market Contractual cash flows including interest 2010 year years years years flows amount value Financial assets: Receivables from Group companies 992 378 - - 1,370 1,370 1,370 Cash 8 - - - 8 8 8 Loans and receivables 1,000 378 - - 1,378 1,378 1,378 Total financial assets 1,000 378 - - 1,378 1,378 1,378 Financial liabilities: Credit institutions 368 2,836 - - 3,204 3,023 3,024 Payables to Group companies 34 - - - 34 34 34 Financial liabilities measured at amortised cost 402 2,836 - - 3,238 3,057 3,058 Derivative financial instruments to hedge future cash flows 32 25 - - 57 64 64 Financial liabilities used as hedging instruments 32 25 - - 57 64 64 Total financial liabilities 434 2,861 - - 3,295 3,121 3,122 Due Due Due Contrac- within between between Due tual Total one 1 and 3 3 and 5 after 5 cash carrying market Contractual cash flows including interest 2009 year years years years flows amount value Financial assets: Cash 1 - - - 1 1 1 Loans and receivables 1 - - - 1 1 1 Total financial assets 1 - - - 1 1 1 Financial liabilities: Credit institutions 302 707 1,889 - 2,898 2,787 2,706 Financial liabilities measured at amortised cost 302 707 1,889 - 2,898 2,787 2,706 Derivative financial instruments to hedge future cash flows 39 29 - - 68 66 66 Financial liabilities used as hedging instruments 39 29 - - 68 66 66 Total financial liabilities 341 736 1,889 - 2,966 2,853 2,772
110 Falck Annual Report 2010 | Parent Company Notes to the parent company financial statements Note DKK million 17 Financial instruments (continued) Hedging and derivative financial instruments 2010 2009 Hedged market Hedged market Interest rate collar: value value value value DKK collar (floor 3.25% / cap 5.5%) expires in 2013 855 (30) 960 (25) EUR collar (floor 3.25% / cap 5.5%) expires in 2013 855 (34) 960 (41) (64) (66) Of which recognised in the income statement - - For future recognition (64) (66) The market value is recognised in other payables. Both the DKK collar and the EUR collar expire in 2013 and are recognised through the income statement towards expiry. See the maturity analysis of financial assets and liabilities. methods and assumptions for the determination of fair values Interest rate swaps are valued using generally accepted valuation techniques based on relevant observable swap curves. Quoted Non- market Observable observable Fair value hierarchy for financial instruments prices input input measured at fair value in the balance sheet (Level 1) (Level 2) (Level 3) Total Financial assets Derivative financial instruments to hedge future cash flows - - - - Total financial assets - - - - Financial liabilities Derivative financial instruments to hedge future cash flows - 64 - 64 Total financial liabilities - 64 - 64 Quoted Non- market Observable observable Fair value hierarchy for financial instruments prices input input measured at fair value in the balance sheet (Level 1) (Level 2) (Level 3) Total Financial assets Derivative financial instruments to hedge future cash flows - - - - Total financial assets - - - - Financial liabilities Derivative financial instruments to hedge future cash flows - 66 - 66 Total financial liabilities - 66 - 66 2010 2009
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Annual Report 2010
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USA Emergency Training 1,050 employ
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Falck’s international expansion c
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Ville Kalliomäki, age 29, assistan
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Annual Report 2010 - Falck

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