Annual and Sustainability Report 2011 - Teracom

More documents

Recommendations

Info

Consolidated Balance Sheet MSEK Note 2011-12-31 2010-12-31 ASSETS Fixed assets Land and buildings 15 755 771 Plant and machinery 15 1 969 2 071 Equipment, tools, fixtures and fittings 15 31 33 Construction-in-progress 15 238 164 Goodwill 16 1 181 1 214 Other intangible assets 16 257 351 Other financial assets 17 95 114 Derivative instruments 21 2 0 Total fixed assets 4 528 4 718 Current assets Inventories 19 67 25 Accounts receivable 20 321 295 Income tax recoverable 18 0 Other receivables 44 24 Derivative instruments 21 0 17 Prepaid expenses and accrued income 22 329 242 Other financial receivables 26 0 Cash equivalents 21 220 377 Total current assets 1 025 980 TOTAL ASSETS 5 553 5 698 EQUITY AND LIABILITIES Equity 23 Share capital 0 250 Other contributed capital 1 633 653 Translation reserve -77 -49 Earned profits including net profit/loss for the year 217 889 Total equity 1 773 1 743 Long-term liabilities Liabilities to credit institutions 3, 21 1 783 2 134 Derivative instruments 21 16 0 Deferred income 24 79 70 Deferred tax liabilities 18 330 362 Provisions for pensions and similar obligations 7,25 1 1 Total long-term liabilities 2 209 2 567 Current liabilities Liabilities to credit institutions 3, 21 75 76 Accounts payable 442 329 Other current liabilities 285 217 Derivative instruments 21 10 0 Accrued expenses and deferred income 24 755 764 Provisions 25 4 2 Total current liabilities 1 571 1 388 Total liabilities 3 780 3 955 TOTAL EQUITY AND LIABILITIES 5 553 5 698 Pledged assets 28 0 0 Contingent liabilities 29 0 0 60
Consolidated Cash Flow Statement MSEK Note 2011 2010 Operating activities Operating profit/loss 376 293 Depreciation/amortization and impairment 423 349 Other items not affecting liquidity 105 44 Interest received 9 1 Interest paid -62 -17 Income tax paid -149 -165 Cash flow from operating activities before changes in working capital 702 505 Cash flow from changes in working capital Change in inventories -42 37 Change in accounts receivable -26 134 Change in other operating assets -108 27 Change in accounts payable 112 17 Change in other operating liabilities 7 69 Cash flow from changes in working capital -57 284 Cash flow from operating activities 645 789 Investing activities Investments in property, plant and equipment -287 -242 Investments in intangible assets -45 -42 Acquisition of subsidiaries 27 0 -1 241 Other -12 -3 Cash flow from investing activities -344 -1 528 Financing activities New loans 27 1 809 Amortization of loans -375 -659 Dividends -110 -110 Cash flow from financing activities -458 1 040 Cash flow for the year -157 301 Cash equivalents at the beginning of the year 377 78 Exchange rate differences on cash equivalents 0 -2 Cash equivalents at the end of the year 220 377 61
Page 1 and 2:
Annual and Sustainability Report 20
Page 3 and 4:
Read more about the Swedish busines
Page 5 and 6:
Denmark has been and continues to b
Page 7 and 8:
Teracom Group On 1 June, Teracom Gr
Page 9 and 10:
An integrated TV business The Group
Page 11 and 12: digital radio and, in connection wi
Page 13 and 14: Subsidized public transportation en
Page 16 and 17: Sweden Sweden is the Group’s firs
Page 18 and 19: The market The competition primaril
Page 20 and 21: 67 PR5 Customer satisfaction for Bo
Page 22 and 23: Denmark Denmark is the Group's youn
Page 24 and 25: Chris Corneliussen, Boxer Denmark
Page 26 and 27: Finland PlusTV is the largest Pay-T
Page 28 and 29: Kimi »The Iceman« Räikkönen is
Page 30 and 31: Sustainability - corporate responsi
Page 32 and 33: The Teracom Group’s sustainabilit
Page 34 and 35: The Group's breakdown of climate im
Page 36 and 37: Employees For the Teracom Group, hi
Page 38 and 39: Media plurality requires a long-ter
Page 40 and 41: Reporting in accordance with GRI gu
Page 42 and 43: GRI G3 Index Reference Comments 1.
Page 44: Contents 44 Directors’ Report 49
Page 47 and 48: Operating profit for the year amoun
Page 49 and 50: Diversity and equal opportunity Div
Page 51 and 52: Corporate Governance Report The Cor
Page 53 and 54: Teracom AB's 2011 AGM Teracom AB's
Page 55 and 56: Evaluation of the Board of Director
Page 57 and 58: ously striving to achieve long-term
Page 59 and 60: 1 2 3 4 5 6 7 8 9 10 11 12 Board of
Page 61: Consolidated Income Statement MSEK
Page 65 and 66: Parent Company Income Statement MSE
Page 67 and 68: Parent Company Cash Flow Statement
Page 69 and 70: Notes Contents Note Description Pag
Page 71 and 72: the Group conducts an impairment te
Page 73 and 74: No major changes will be made for f
Page 75 and 76: Note 4 Segment reporting The Group
Page 77 and 78: Notice period and severance pay The
Page 79 and 80: Return on plan assets 2011 2010 For
Page 81 and 82: Note 13. Tax on profit for the year
Page 83 and 84: Note 16. Goodwill and other intangi
Page 85 and 86: Note 17. Other financial assets Gro
Page 87 and 88: Net investments of foreign operatio
Page 89 and 90: Financial derivative instruments Th
Page 91 and 92: Note 26. Shares and participations
Page 93 and 94: Auditors' report on overall review
Page 95: Responsibility of the auditor It is
Page 98 and 99: Technical definitions Broadcasting
show all

Annual and Sustainability Report 2011 - Teracom

Create successful ePaper yourself

Delete template?

Save as template?