ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

More documents

Recommendations

Info

14 Our credit management offering Our credit management offering Credit information, payment services & debt collection services. Credit information services Credit information provides guidance for credit decisions and is an important component of a company’s sales and marketing work. With our credit information services, we help our clients to decide who they should sell to and on what terms. Successful credit management is based on a combination of knowledge, information and understanding. By focusing on people, Intrum Justitia offers credit management that works. The foundation for successful credit management is laid long before the first invoice is issued. Our clients often have good information on their customers. But by using information from different sources and supported by Intrum Justitia’s own analysis models, our clients’ risk assessment processes are made easier and granting credit to new and existing customers is more secure. The company selling a product is able to make the right credit decision with the right level of credit. If sellers are too restrictive, they could lose customers, and if they are too generous when granting credit, the result could be a credit loss. After many years of working in the European credit markets, we have an extensive register of consumer payment patterns, and understanding these is key to a good credit decision. SCORING fOR THE RIGHT RECOMMENDATION Intrum Justitia can help companies identify and enter new markets while ensuring that they don’t waste time and money selling to customers who are not creditworthy. Intrum Justitia uses scoring to better assess the creditworthiness or a certain group of people and to predict consumer payment habits and behaviors. Effective scoring helps the client to assess different groups of consumers based on historical and statistical data. Understanding payment patterns before a sale is transacted can save resources and lower risk. The technique requires not only advanced statistical tools and considerable IT capacity, but also knowledge of psychology and good business acumen. We provide clients with detailed recommendations on whether credit should be granted or denied. Even risky customers can be accepted and contribute to the company’s earnings, albeit with different payment conditions. Interpretations are based on the circumstance of each individual client. In some market segments, Intrum Justitia makes credit decisions on behalf of clients and guarantees payment based on the credit information available. WE HAVE IT ALL COVERED Intrum Justitia’s complete offering is based on our ability to provide information for better credit decisions to prevent payment problems. That’s why we provide our clients with credit information in all markets. Credit information services fEWER CREDIT LOSSES fOR NOKIAN TYRES Nokian Tyres Plc is the largest tyre manufacturer in the Nordic region. Intrum Justitia is helping Nokian Tyres with constant monitoring of changes in the liquidity of the company’s customers in order to avoid credit losses. This monitoring service is part of Intrum Justitia’s comprehensive credit management service and is based on the market information we have gathered. Clients who, for example, want to combine information from their sales ledger with external credit information can turn to Intrum Justitia instead of two different suppliers. Right now Intrum Justitia has licenses to operate a credit information business in Sweden, Switzerland and Finland. In other markets we meet our clients’ external credit information needs using information from third parties. Payment services Debt collection services
insight to feed innovation We are always seeking new knowledge, gathering business and credit information about individuals and companies in all European markets, gaining new experiences that are stored in our systems and then shared throughout our organization. Insights into business and trends are essential if we are to deliver innovative solutions to our clients. Insight is the mother of innovation.Seeking
Page 1 and 2: INTRUM JUSTITIA ANNUAL REPORT
Page 3 and 4: Net earnings amounted to SEK 452 M
Page 5 and 6: We are working to promote healthy p
Page 7 and 8: ity will increase in these countrie
Page 9 and 10: In addition to being present in 22
Page 11 and 12: We are the market-leading credit ma
Page 13: Our services Respectful credit mana
Page 17 and 18: Payment services Information is imp
Page 19 and 20: Payment guarantee Many of our custo
Page 21 and 22: Committing to challenge We are ofte
Page 23 and 24: Credit institutions, private and pu
Page 25 and 26: Our goal is to be the employer of c
Page 27 and 28: Benefits of credit management Sound
Page 29 and 30: Regions Intrum Justitia has operati
Page 31 and 32: No. of shares traded Intrum Justiti
Page 33 and 34: financial overview Income statement
Page 35 and 36: There are several attractive commer
Page 37 and 38: NET fINANCIAL ITEMS The net financi
Page 39 and 40: GOODWILL The Group’s goodwill amo
Page 41 and 42: PROPOSED APPROPRIATION Of PROfIT Th
Page 43 and 44: Consolidated balance sheet SEK M NO
Page 45 and 46: Consolidated cash flow statement SE
Page 47 and 48: Parent Company income statement SEK
Page 49 and 50: Parent Company balance sheet SEK M
Page 51 and 52: Condensed statement of changes in s
Page 53 and 54: NOTE 1 SIGNIfICANT ACCOUNTING AND V
Page 55 and 56: Legal outlays The Group incurs outl
Page 57 and 58: iod of employment of the employees
Page 59 and 60: GROUP Tangible and intangible fixed
Page 61 and 62: GROUP 2010 2009 Reconciliation SEK
Page 63 and 64: NOTE 11 TANGIBLE fIXED ASSETS GROUP
Page 65 and 66:
NOTE 13 JOINT VENTURES Intrum Justi
Page 67 and 68:
NOTE 21 LIQUID ASSETS GROUP PARENT
Page 69 and 70:
ity amounted to SEK 168.7 M (849.7)
Page 71 and 72:
SEK Base salary/fee Variable comp-
Page 73 and 74:
2010 PARENT COMPANY SEK M At fair v
Page 75 and 76:
Accounts receivable The Group’s a
Page 77 and 78:
Audit Report We have audited the an
Page 79 and 80:
CHARLOTTE STRÖMBERG Age 51 Directo
Page 81 and 82:
PER CHRISTOFFERSON Age 42, Director
Page 83 and 84:
ATTENDANCE AT BOARD MEETINGS IN 201
Page 85 and 86:
The Board of Directors’ report on
Page 87 and 88:
able on the intranet and ongoing em
Page 89 and 90:
Information for shareholderst Annua
Page 91 and 92:
Intrum Justitia’s annual report 2
show all

ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?