Page 99 - Loomis Annual Report 2017

Loomis Annual Report 2017
Notes – Group 95
NOTE 19
SEK m
Tangible xed assets
Buildings and land
Dec. 31, 2016
Financial lease agreements
SEK m
Machinery and equipment
Dec. 31, 2016
Dec. 31, 2017
241
78
58
–31
–5
340
–163
–24
29
–37
5
–190
151
Opening balance
Acquisitions 7 Capital expenditure 7 Disposals/write-offs –3 Translation differences 7 Closing accumulated balance 241
Opening depreciation –126 Disposals/write-offs – Reclassi cations –5 Depreciation for the year –28 Translation differences –4 Closing accumulated depreciation –163 Closing residual value 78
222
Dec. 31, 2017
1,041
7
61
–8
–1
–20
1,080
–310
8
–
–32
8
–325
755
Opening balance
Acquisitions 121 Capital expenditure 25 Disposals/write-offs –4
Reclassi cations
Translation differences
Closing accumulated balance
Opening depreciation Disposals/write-offs Reclassi cations
Depreciation for the year
Translation differences
Closing accumulated depreciation Closing residual value
SEK m
Opening balance
Acquisitions
Capital expenditure Disposals/write-offs Reclassi cations
Translation differences
Closing accumulated balance
Opening depreciation Disposals/write-offs Reclassi cations
Depreciation for the year
Translation differences
Closing accumulated depreciation Closing residual value
855
0 44 1,041
–266 0 – –30 –15 –310 731
Machinery and equipment
Dec. 31, 2016
11,868 112 1,081 –190 –5 482 13,348
–8,152 160 0 –1,036 –343 –9,370 3,978
Interest-bearing nancial xed assets
NOTE 20
SEK m
Long-term external investments De ned bene t plans1)
Total interest-bearing nancial xed assets
1) For more information regarding de ned bene t plans, refer to note 30.
Dec. 31, 2017
Dec. 31, 2016
79
18
66 13
80
Dec. 31, 2017
13,348
103
1,097
–1,221
16
–583
12,760
–9,370
1,195
0
–1,052
400
–8,826
3,934
Long-term external investments refers to the fact that the insur- ance company in Ireland has deposited a portion of its assets with an external counterparty, according to an authority directive, of SEK 39 million (39). For additional information regarding nan- cial instruments, refer to Note 6.
96
Dec. 31, 2017
80
21
-4
96
SEK m
Opening balance
New investments/disposals Translation differences Closing balance
Dec. 31, 2016
78 1 0 80
The closing residual value of land included in Buildings and land above amounted to SEK 166 million (181).
Machinery and equipment comprises vehicles, equipment, security equipment (including alarm systems) and IT and tele- com equipment. No impairment has been undertaken.
The tangible xed assets reported above include assets made available under nancial lease agreements as speci ed below. There are limits on the right of disposal for assets held by Loomis through nancial leases. Refer to Note 28 for further information on nancial lease agreements.
Financial lease agreements Buildings
SEK m Dec. 31, 2016
Opening balance 46 Translation differences 2 Closing accumulated balance 48
Opening depreciation –27 Depreciation for the year –2 Translation differences –1 Closing accumulated depreciation –30 Closing residual value 18
Other long-term receivables
NOTE 21
SEK m
Long-term rent deposits
Other long-term receivables
Total other long-term receivables
SEK m
Opening balance Reclassi cations Other changes Translation differences Closing balance
Accounts receivable
SEK m
Accounts receivable before deduction of provisions for bad debt losses
Provision for bad debt losses, net
Total accounts receivable
Dec. 31, 2016
17 12 28
Dec. 31, 2016
92 –64 –3 4 28
Dec. 31, 2016
2,053 –52 2,001
Dec. 31, 2017
22
19
42
Dec. 31, 2017
28
–
13
1
42
Dec. 31, 2017
48
1
49
–30
–2
–1
–33
16
NOTE 22
Dec. 31, 2017
2,257
-84
Bad debt losses for the year amounted to SEK 34 million (25), net.
2,173