Annual report 2011 - Trelleborg

98
PARENT COMPANY NOTES
Note 53
Shareholders’ equity
Restricted
equity
Non-restricted
equity
sek m 2011 2010 2011 2010 2011 2010
Opening balance, January 1 3,750 3,750 8,859 7,255 12,609 11,005
Changes for the year:
Dividend –474 –136 –474 –136
Fair value, gains –4 – –4
Tax on fair value, gains 1 – 1
Net profit for the year 1,342 1,743 1,342 1,743
Closing balance, December 31 3,750 3,750 9,727 8,859 13,477 12,609
Trelleborg AB’s share capital at December 31, 2011 amounted to SEK 2,620,360,569, represented by
271,071,783 shares with a par value of SEK 9.67 each.
Class of shares No of shares % of total No of votes % of total
Series A 28,500,000 10.51 285,000,000 54.02
Series B 242,571,783 89.49 242,571,783 45.98
Total 271,071,783 100.00 527,571,783 100.00
See also Note 26.
Note 54
Provisions for pensions and similar
sek m 2011 2010
Provisions for other pensions 7 2
Total 7 2
Pensions and similar costs amounted to SEK 22 M (20).
Note 55
Other provisions
sek m 2011 2010
Provisions for long-term incentive program 8 8
Other provisions 1 –
Total 9 8
For further information, refer to Note 3.
Note 56
Interest-bearing liabilities
Interest-bearing non-current liabilities
sek m 2011 2010
Other interest-bearing liabilities to Group companies 29 52
Total non-current interest-bearing liabilities 29 52
Interest-bearing current liabilities
sek m 2011 2010
Other interest-bearing liabilities, Group companies 21,789 22,768
Total interest-bearing current liabilities 21,789 22,768
Total interest-bearing liabilities 21,818 22,820
Liabilities are recognized at amounts corresponding to fair value.
Annual Report 2011 Trelleborg AB
Total
Note 57
Other current liabilities
sek m 2011 2010
Accounts payable 24 29
Operating liabilities, Group companies 15 2
Other non-interest-bearing liabilities 6 4
Accrued expenses and prepaid income (Note 58) 53 54
Total 98 89
Liabilities are recognized at amounts corresponding to fair value.
Note 58
Accrued expenses and prepaid income
sek m 2011 2010
Wages and salaries 34 32
Payroll overheads 10 10
Other 9 12
Total 53 54
Note 59
Contingent liabilities and pledged assets
sek m
Contingent liabilities
2011 2010
Pension obligations 2 1
Guarantees and other contingent liabilities 8,632 8,395
Total 8,634 8,396
Of which, on behalf of Trelleborg Treasury AB 7,917 7,690
Of which, on behalf of other subsidiaries 713 703
Pledged assets – –
The Parent Company has issued guarantees for the subsidiary Trelleborg Treasury AB’s operation. Of the obligations
under these guarantees, direct loans accounted for SEK 7,409 M (7,197), the fair value of derivative
instruments for SEK 286 M (267) and other contingent liabilities on the closing date for SEK 222 M (226).