SECURITAS AB Annual Report 2011

76 Annual Report
Notes and comments to the consolidated financial statements
Consolidated statement of changes in shareholders’ equity 1
MSEK
Share
capital
Shareholders’ equity attributable to equity holders of the Parent Company
Other capital
contributed
Hedging
reserve
Translation
reserve
Retained
earnings Total
Non-
controlling
interests
Total
share-
holders’
equity
Opening balance 2009 365.1 7 362.6 -125.4 968.3 -70.0 8 500.6 6.7 8 507.3
Net income for the year – – – – 2 116.2 2 116.2 1.8 2 118.0
Other comprehensive income
Actuarial gains and losses and effects of minimum
funding requirement net of tax – – – – 16.2 16.2 – 16.2
Cash flow hedges
Transfer to hedging reserve before tax – – -107.1 – – -107.1 – -107.1
Deferred tax on transfer to hedging reserve – – 28.1 – – 28.1 – 28.1
Transfer to interest income in the statement
of income before tax
Transfer to interest expense in the statement
– – -1.1 – – -1.1 – -1.1
of income before tax – – 185.3 – – 185.3 – 185.3
Deferred tax on transfer to statement of income – – -48.4 – – -48.4 – -48.4
Net investment hedges – – – 254.9 – 254.9 – 254.9
Translation differences – – – -1 073.3 – -1 073.3 -0.5 -1 073.8
Other comprehensive income – – 56.8 -818.4 16.2 -745.4 -0.5 -745.9
Total comprehensive income for the year – – 56.8 -818.4 2 132.4 1 370.8 1.3 1 372.1
Transactions with non-controlling interests – – – – – – 0.3 0.3
Dividend paid to shareholders of the Parent Company – – – – -1 058.7 -1 058.7 – -1 058.7
Closing balance 2009 365.1 7 362.6 -68.6 149.9 1 003.7 8 812.7 8.3 8 821.0
Opening balance 2010 365.1 7 362.6 -68.6 149.9 1 003.7 8 812.7 8.3 8 821.0
Net income for the year
Other comprehensive income
Actuarial gains and losses and effects of minimum
– – – – 2 083.1 2 083.1 -2.3 2 080.8
funding requirement net of tax
Cash flow hedges
– – – – -117.9 -117.9 – -117.9
Transfer to hedging reserve before tax – – -56.9 – – -56.9 – -56.9
Deferred tax on transfer to hedging reserve
Transfer to interest expense in the statement
– – 15.0 – – 15.0 – 15.0
of income before tax – – 129.0 – – 129.0 – 129.0
Deferred tax on transfer to statement of income – – -33.9 – – -33.9 – -33.9
Net investment hedges – – – 361.0 – 361.0 – 361.0
Translation differences – – – -1 231.8 – -1 231.8 -0.4 -1 232.2
Other comprehensive income – – 53.2 -870.8 -117.9 -935.5 -0.4 -935.9
Total comprehensive income for the year – – 53.2 -870.8 1 965.2 1 147.6 -2.7 1 144.9
Transactions with non-controlling interests – – – – – – -2.5 -2.5
Share based incentive scheme2 – – – – 70.3 70.3 – 70.3
Dividend paid to shareholders of the Parent Company – – – – -1 095.2 -1 095.2 – -1 095.2
Closing balance 2010 365.1 7 362.6 -15.4 -720.9 1 944.0 8 935.4 3.1 8 938.5
Opening balance 2011 365.1 7 362.6 -15.4 -720.9 1 944.0 8 935.4 3.1 8 938.5
Net income for the year
Other comprehensive income
Actuarial gains and losses and effects of minimum
– – – – 1 735.7 1 735.7 2.9 1 738.6
funding requirement net of tax
Cash flow hedges
– – – – -270.3 -270.3 – -270.3
Transfer to hedging reserve before tax – – -29.7 – – -29.7 – -29.7
Deferred tax on transfer to hedging reserve
Transfer to interest expense in the statement
– – 7.8 – – 7.8 – 7.8
of income before tax – – 34.1 – – 34.1 – 34.1
Deferred tax on transfer to statement of income – – -9.0 – – -9.0 – -9.0
Net investment hedges – – – 36.1 – 36.1 – 36.1
Translation differences – – – -128.6 – -128.6 -0.6 -129.2
Other comprehensive income – – 3.2 -92.5 -270.3 -359.6 -0.6 -360.2
Total comprehensive income for the year – – 3.2 -92.5 1 465.4 1 376.1 2.3 1 378.4
Transactions with non-controlling interests – – – – – – -2.8 -2.8
Share based incentive scheme2 – – – – -13.4 -13.4 – -13.4
Dividend paid to shareholders of the Parent Company – – – – -1 095.2 -1 095.2 – -1 095.2
Closing balance 2011 365.1 7 362.6 -12.2 -813.4 2 300.8 9 202.9 2.6 9 205.5
1 Further information is provided in note 29.
2 Refers to the net of sharebased remuneration MSEK 53.7 (70.3) and swap agreement MSEK -67.1 (–). Further information is provided in note 29.
Securitas Annual Report 2011