Page 100 - Loomis Annual Report 2017

96
Notes – Group
Loomis Annual Report 2017
Ageing analysis for overdue accounts receivable
SEK m
Maturity date <30 days
Maturity date 30–90 days
Maturity date >90 days
Total overdue accounts receivable
Other current receivables
SEK m
Funds within cash processing operations (net)1)
Other current receivables
Total other current receivables
Prepaid expenses and accrued income
Dec. 31, 2017
531
134
83
748
Dec. 31, 2016
455 103 78 636
Dec. 31, 2016
93
68
161
NOTE 24
SEK m
Prepaid expenses for insurance and risk management
Prepaid rent
Prepaid leasing fees
Prepaid suppliers’ invoices
Other prepaid expenses
Other accrued income
Total prepaid expenses and accrued income
Dec. 31, 2016
60 41 1 8 333 63
506
Dec. 31, 2016
54
54
Dec. 31, 2017
53
38
2
4
285
25
407
NOTE 23
Dec. 31, 2017
85
84
1) Excluding consignment stocks of money.
As part of its cash processing operations, Loomis stores con- signment stocks of money for third parties. Consignment stocks of money are reported by the other parties and not by Loomis, furthermore they are separated from Loomis’ own liquid funds and cash ow and are not used in Loomis’ other operations or activities.
To nance certain parts of its operations, Loomis uses loan nancing in the form of overdraft facilities. These overdraft facil- ities are recognized net against stocks of money. Financing costs relating to this loan nancing amount to SEK 25 million (24) and are recognized as production expenses.
External investments
Total interest-bearing nancial current assets
169
NOTE 25
SEK m
Interest-bearing nancial current assets
Dec. 31, 2017
62
62
A description of the Group’s risk exposure relating to nancial instruments can be found in Note 6.
NOTE 26
Liquid funds
SEK m
Dec. 31, 2016
663 – 663
Dec. 31, 2017
Funds within cash processing operations
SEK m
Stocks of money
Prepayments from customers and receivables on customers
Liabilities related to prepayments from customers and liabilities to customers
Overdraft facility related to cash processing operations
Funds within cash processing operations (net)
Dec. 31, 2016
1,638 –77 –806 –662 93
Cash and bank balances
Short-term bank investments
Total liquid funds1)
839
-
Dec. 31, 2017
1,478
–639
–650
–104
85
839
1) Liquid funds include interest-bearing current assets with a term of less than 90
days.
To read a description of the Group’s risk exposure relating to nancial instruments, refer to Note 6.
NOTE 27 Shareholder’s equity and comprehensive income
SEK m
Opening balance, January 1, 2016 Comprehensive income
Net income for the year
Other comprehensive income Actuarial gains and losses
Share capital
376
–
– – – –
–
–
– –
–
contributed reserves 1)
4,594 876
– –
– – – – – 402 – –159
– 244
– 244
– – – 35 – –24
– 11
for the year Total
–2 5,843
1,258 1,258
–240 –237 57 54 – 402 – –159
–183 61
1,074 1,319
–527 –527 – 35 – –24
–527 –516
Shareholders’ equity attributable to the owners of the Parent Company
Retained earnings Other capital Other including net income
Tax effect on actuarial gains and losses
Translation differences
Hedging of net investments, net of tax
Total other comprehensive income
Total comprehensive income
Transactions with shareholders
Dividend –
Share-based remuneration2) Share swap agreement3)
Total transactions with shareholders
Closing balance, December 31, 2016
376
4,594 1,131
546 6,647