SECURITAS AB Annual Report 2011

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30 Securitas’ responsibilities Developing with our employees Our responsibility is to be a solid, trustworthy and stable employer for more than 300 000 people. Our employees are our most important resource and to offer the best security services possible, we want to develop our employees and give them a solid base for further development. How can we become a leading employer in the security industry? Securitas has several programs EMPLOYEE TURNOVER in place: · In the Metro (subway) in Barcelona, Spain, structured talent management is key to successful employee development. In the recruitment process, profiles agreed on with customers help identify the right security officers for the various services offered. Specialized training and internal career possibilities, as well as high employee engagement, ■ 2010, 36% all contribute to ■ better 2011, 40% customer As of and 2009, employee the measurement satisfaction. is adjusted for turnover due to terminated contracts. GENDER DISTRIBUTION AVERAGE NUMBER OF YEARLY EMPLOYEES EMPLOYEE TURNOVER % 100 80 60 40 20 0 2007 2008 2009 2010 2011 ■ 2010, 36% ■ 2011, 40% Men Women As of 2009, the measurement is adjusted for turnover due to terminated contracts. AVERAGE CO2 EMISSIONS FROM TRANSPORTATION Gram GENDER per DISTRIBUTION km Number of vehicles AVERAGE NUMBER OF YEARLY EMPLOYEES 250 11 000 % 230 10 000 100 210 9 000 80 190 8 000 60 170 7 000 40 150 6 000 20 2008 2009 2010 2011 0 Max CO2 gram per km for new minivans (6–7 seater) 2007 2008 2009 2010 2011 Max CO2 gram per km for new company cars (max 5 seater) Men Average emission Women Number of vehicles AVERAGE CO2 EMISSIONS FROM TRANSPORTATION Gram per km Securitas Annual Report 2011 250 Number of vehicles 11 000 230 10 000 · In Colombia, Securitas works actively with an inclusion program for disabled persons and other exposed groups, such as single mothers. The objective is to create opportunities for these employees to participate actively in working life. The model has been very successful in the retail segment in Colombia, where the deployment of security officers in wheelchairs has, in many cases, led to fewer incidents. Several other countries are EMPLOYEE also implementing TURNOVER the model. · Another important strategy for becoming a leading employer is sharing best practices. Approximately 13 000 managers have access to our internal web, My Securitas. We share knowledge, experiences and best practices, and the benefits are tangible both for our customers and for us. Finding the right contract template to secure a proposal request, creating a professional proposal or ■ 2010, 36% ■ 2011, 40% using templates for security scans are some of As of 2009, the measurement is adjusted for turnover due to terminated contracts. the many benefits offered by My Securitas. GENDER DISTRIBUTION AVERAGE NUMBER OF YEARLY EMPLOYEES % 100 80 60 40 20 0 2007 2008 2009 2010 2011 Men Women Carbon Disclosure Project AVERAGE CO2 In 2011, Securitas EMISSIONS participated FROM for TRANSPORTATION the first time in the Gram Carbon per Disclosure km Project (CDP). CDP is a global Number climate of vehicles 250 change reporting system, acting on behalf of over 550 11 000 institutional investors. More than 3 000 organizations in 230 10 000 some 60 countries around the world participate, disclosing 210 9 000 their approach to the threats and opportunities of carbon 190 emissions. Securitas reached a score of 71 out of 100 in 8 000 the 170 CDLI (Carbon Disclosure Leadership Index), compared 7 to 000 an 150 average of 64 for all reporting companies in the “Industrials” 6 000 sector. A 2008 high carbon 2009 disclosure 2010 score indicates 2011 a comprehensive response, showing clear consideration of businessspecific Max risks CO2 and gram potential per km for opportunities new minivans related (6–7 seater) to climate. Top-scoring Max CO2 companies gram per km in for terms new of company performance cars (max qualify 5 seater) to be listed Average in the emission Carbon Performance Leadership Index (CPLI). Number Securitas of vehicles reached C in the CPLI.
A Challenging Year At year-end, the price of the Securitas share had decreased 24 percent and market capitalization amounted to MSEk 20 666. Earnings per share amounted to SEk 4.75 (5.71), down -17 percent compared with 2010. Adjusted for the strengthening of the Swedish krona, earnings per share declined -11 percent in real terms compared with the preceding year. The Board proposes a dividend of SEk 3.00 (3.00) per share be paid to shareholders. Performance of the share in 2011 At year-end, the closing price of the Securitas share was SEK 59.40 (78.65). The share price decreased 24 percent in 2011, compared with the OMX Stockholm All Share Index, which fell 17 percent. The highest price paid for a Securitas share in 2011 was SEK 82.00 and the lowest price paid was SEK 45.75. At the end of 2011, Securitas’ weight in the OMX Stockholm All Share Index was 0.59 percent (0.65) and 0.84 percent (0.94) in the OMX Stockholm 30 Index. Securitas’ weight in the OMX Stockholm Benchmark Cap Index was 0.75 percent. During the year, the OMX Stockholm All Share Index decreased 17 percent, while the OMX Stockholm 30 Index fell 15 percent and the OMX Stockholm Benchmark Cap Index decreased 16 percent. Market capitalization for Securitas at year-end was MSEK 20 666 (27 364), making Securitas the 34th largest company on NASDAQ OMX Stockholm. Turnover A total of 433 million (431) Securitas shares were traded on NASDAQ OMX Stockholm, representing a value of MSEK 27 614 (31 724). The turnover velocity in 2011 was 121 percent (122), compared with a turnover rate of 96 percent (96) for the entire NASDAQ OMX Stockholm. The average number of Securitas shares traded each day was 1.7 million. In addition to trading on NASDAQ OMX Stockholm, Securitas shares were also traded on Multilateral Trading Facilities (MTFs) and other trading venues. In 2011, the turnover of Securitas shares on these marketplaces totaled 210 million (249). Share capital and shareholder structure At December 31, 2011, the share capital amounted to SEK 365 058 897, distributed between an equal number of shares, each with a quota value of SEK 1.00. Of these shares, 17 142 600 are Series A shares and 347 916 297 are Series B shares. Each Series A share carries ten votes and each Series B share carries one vote. The free float of the Securitas share is 87 percent. At December 31, 2011, Securitas had 27 011 shareholders (31 458). In terms of numbers, private individuals make up the largest shareholder category with 23 121 shareholders, corresponding to 86 percent of the total number of shareholders. In terms of capital, institutions and other corporate entities dominate with 97 percent of the shares. Shareholders based in Sweden hold 64 percent of the capital and 75 percent of the votes. Compared with 2010, the proportion of foreign shareholders in the shareholder base has increased. At December 31, 2011, shareholders outside Sweden owned 36 percent (31) of the capital and 25 percent (22) of the votes. The largest shareholdings held by foreign shareholders are in the United Kingdom and the USA, where 12 percent of the capital and SHAREHOLDERS 9 percent of the votes are in PER the COUNTRY, United Kingdom, VOTES and 10 percent of the capital and 7 percent of the votes are in the USA. At December 31, 2011, the principal shareholders in Securitas were Gustaf Douglas, who through his family and the companies within the Investment AB Latour Group and Förvaltnings AB Wasatornet holds 11.5 percent (11.5) of the capital and 30.0 percent (30.0) of the ■ Sweden votes, 75% and Melker ■ United Kingdom 9% Schörling, who through family ■ USA and 7% Melker Schörling ■ France 2% ■ Luxembourg 2% ■ Rest of world 5% The Securitas share SHAREHOLDERS PER COUNTRY, VOTES ■ Sweden 75% ■ United Kingdom 9% ■ USA 7% ■ France 2% ■ Luxembourg 2% ■ Rest of world 5% SHAREHOLDERS PER CATEGORY, VOTES ■ Private individuals 2% ■ Institutions and other corporate entities 98% Securitas Annual Report 2011 31 SHAREHOLDER PER CATEGORY ■ Private individ ■ Institutions an corporate ent
Page 1 and 2: Annual Report 2011
Page 3 and 4: Operating income before by business
Page 5 and 6: “ Specialization rather than dive
Page 7 and 8: 2. Acquisitions Approximately half
Page 9 and 10: The key to success lies in “ work
Page 11 and 12: Knowledge Leader in Security Securi
Page 13 and 14: We specialize in customer segments
Page 16 and 17: 12 Presentation of our business Ove
Page 18 and 19: 14 Presentation of our business Sec
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Page 26: 22 Presentation of our business New
Page 29 and 30: · Increased use of technology. Inc
Page 31 and 32: Europe, 4-6 % market growth Growth:
Page 33: Greater customer value when investi
Page 37 and 38: LARGEST SHAREHOLDERS AT DECEMBER 31
Page 39 and 40: Governance and Management
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Page 43 and 44: The work of the Board of Directors
Page 45 and 46: Employee representatives 1 Annika F
Page 47 and 48: Supervisory Board (Finansinspektion
Page 49 and 50: Enterprise risk management process
Page 51 and 52: all risks related to the infrastruc
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Page 61: Aimé Lyagre b. 1959 Chief Operatin
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Page 66 and 67: 62 Annual Report Report of the Boar
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100 Annual Report Notes and comment
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136 Annual Report Signatures of the
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Securitas AB P.O. Box 12307 SE-102
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SECURITAS AB Annual Report 2011

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