Page 117 - Loomis Annual Report 2017

Loomis Annual Report 2017
Notes – Parent Company 113
Current receivables from subsidiaries
The amount consists primarily of group contributions from Loomis Sverige AB.
Parent Company shares issued consists of both Class A and Class B shares. Each Class A share carries ten votes and each Class B share one vote. The distribution between the A and B shares as of December 31, 2017 is as follows:
NOTE 48
NOTE 49
SEK m
Other current receivables
Class of shares
A B
Total shares outstanding
Voting rights
10 1
Number of shares outstanding
3,428,520 71,851,3091)
75,279,829
Dec.31, 2017
6
6
Dec.31, 2016
1) Includes 53,797 shares which, as a result of Loomis’ Incentive scheme, are held as treasury shares as of December 31, 2017.
Principle shareholders in terms of voting rights
Loomis’ principle shareholders in terms of voting rights were as of December 31, 2017, Investment AB Latour, through Latour Förvaltning AB, and Melker Schörling AB. Latour Förvaltning AB held 23.8 percent of the votes and 3.4 percent of the capital and Melker Schörling AB held 8.5 percent of the votes and 1.2 percent of the capital.
These two shareholders have entered into a shareholders´ agreement, according to which the parties aim to coordinate their actions with respect to the composition of the Board of Directors, the dividend policy, resolutions concerning changes in the articles of association or share capital, signi cant acquisi- tions or transfers, and the appointment of the CEO, and which also contains an agreement concerning pre-emptive rights should either party dispose of Class A shares. Apart from this, the Board of Loomis is not aware of any other shareholders’ agreements, or any other agreements between shareholders in the company aimed at exercising collective in uence over the Company.
Other current receivables
Total other current receivables
12
12
Prepaid expenses and accrued income
NOTE 50
SEK m
Prepaid insurance premiums
Accrued interest income
Other items
Total prepaid expenses and accrued income
Dec.31, 2016
Dec.31, 2017
13
65
8
86
16 56 3 75
NOTE 51
Year Event
2004 Number of shares , January 1, 2004 2006 Bonus issue
2008 Bonus issue
2008 Reverse split 1:5
2013 New share issue
Total
Changes in shareholders’ equity
Number of shares
100,000 364,958,897 3 –292,047,120 2,268,049
Increase in share capital
100,000 364,958,897 3 – 11,340,245
NOTE 52
SEK m
Accrued expenses and prepaid income
Dec.31, 2016
75,279,829 376,399,145
Dec.31, 2017
27
2
4
7
40
The following funds are at the disposals of the AGM (SEK):
Accrued personnel costs 20
Accrued consultancy fees 1
Accrued interest expenses 6
Other accrued expenses 7
Total accrued expenses and prepaid 34 income
Retained earnings Share-based remuneration Net Income for the year
Total
3,910,481,705 –9,486,8861)
880,251,915
4,781,246,734
The Board proposes that the pro ts be appropriated as follows:
Dividend to shareholders (9,00 SEK/share) To be carried forward
Total
677,034,2882) 4,104,212,446
4,781,246,734
NOTE 53
SEK m
Items not affecting cash- ow
2017
–788
609
–509
2
–685
1) The changes relates to the swap in accordance with Loomis´s share-based Incentive Schemes 2015 and 2016.
2) Calculated based on the number of outstanding shares on the balance sheet date
For the full proposed appropriation of pro ts and the Board of Directors’ statement on the proposed dividend, see the Administration Report.
2016
Financial income
Financial expenses 932
Result from participations in Group
companies –450
Amortization and depreciation –2
Total items not affecting cash- ow –163
–643