SECURITAS AB Annual Report 2011

REVALUATION OF FINANCIAL INSTRUMENTS
MSEK
Recognized in the statement of income
2011 2010 2009
financial income and expenses 4.0 -4.2 0.3
Deferred tax -1.0 1.1 -0.1
Impact on net income for the year 3.0 -3.1 0.2
Recognized via hedging reserve in other comprehensive income
Transfer to hedging reserve before tax -29.7 -56.9 -107.1
Deferred tax on transfer to hedging reserve 7.8 15.0 28.1
Transfer to hedging reserve net of tax -21.9 -41.9 -79.0
Transfer to statement of income before tax 34.1 129.0 184.2
Deferred tax on transfer to statement of income -9.0 -33.9 -48.4
Transfer to statement of income net of tax 25.1 95.1 135.8
Total change of hedging reserve before tax1 4.4 72.1 77.1
Deferred tax on total change of hedging reserve before tax1 -1.2 -18.9 -20.3
Total change of hedging reserve net of tax 3.2 53.2 56.8
Total impact on shareholders' equity as specified above
Total revaluation before tax2 8.4 67.9 77.4
Deferred tax on total revaluation2 -2.2 -17.8 -20.4
Total revaluation after tax 6.2 50.1 57.0
1 Total of transfer to hedging reserve and transfer from hedging reserve to statement of income.
2 Total revaluation and deferred tax recognized via statement of income and via other comprehensive income.
Annual Report
Notes and comments to the Parent Company financial statements
DERIVATIVES IN THE BALANCE SHEET
MSEK
Interest-bearing financial non-current assets
2011 2010 2009
fair value hedges 33.6 40.8 12.1
Total derivatives included in interest-bearing financial non-current assets 33.6 40.8 12.1
Interest-bearing current receivables from subsidiaries
Other derivative positions 4.6 – 52.7
Total derivatives included in interest-bearing current receivables from subsidiaries 4.6 – 52.7
Other interest-bearing current assets
Other derivative positions 0.5 14.7 47.5
Total derivatives included in other interest-bearing current assets 0.5 14.7 47.5
Long-term loan liabilities
Cash flow hedges 16.5 16.2 79.4
Total derivatives included in long-term loan liabilities 16.5 16.2 79.4
Interest-bearing current liabilities to subsidiaries
Other derivative positions 0.6 80.3 –
Total derivatives included in interest-bearing current liabilities to subsidiaries 0.6 80.3 –
Other short-term loan liabilities
Cash flow hedges 4.0 8.8 17.7
Other derivative positions 20.4 6.5 10.8
Total derivatives included in other short-term loan liabilities 24.4 15.3 28.5
FAIR VALUE – HIERARCHY AS PER DECEMBER 31, 2011
Valuation techniques Valuation techniques
Quoted using observable using non observable
MSEK
market prices
market data
market data Total
Financial assets at fair value through profit or loss – 5.1 – 5.1
Financial liabilities at fair value through profit or loss – -21.0 – -21.0
Derivatives designated for hedging with positive fair value – 33.6 – 33.6
Derivatives designated for hedging with negative fair value – -20.5 – -20.5
Securitas Annual Report 2011
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