Accounting Principles

Securitas’ consolidated financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as endorsed by the European Union (EU), the Swedish Annual Accounts Act and the Swedish Financial Reporting Board’s standard RFR 1 Supplementary Accounting Rules for Groups.

Basis for preparation

Securitas’ consolidated financial statements are prepared in accordance with international Financial Reporting Standards (IFRS) as endorsed by the European  Union (EU), the Swedish Annual Accounts Act and the Swedish Financial Reporting Board’s standard RFR 1 Supplementary Accounting Rules for Groups. The consolidated financial statements have been prepared in accordance with the historical cost convention method except where a fair value measurement is required according to IFRS. Examples of assets and liabilities measured at fair value are financialassets or financial liabilities (including derivatives) at fair value through profit or loss and plan assets related to defined benefit pension plans.

Estimates and judgments

The preparation of financial reports requires the Board of Directors and Group Management to make estimates and judgments. Estimates and judgments will impact both the statement of income and the balance sheet as well as disclosures such as contingent liabilities. Actual outcome may differ from these judgments under different assumptions or conditions.

Adoption and impact of new and revised IFRS for 2017

None of the published standards and interpretations that are mandatory for the Group's financial year 2017 have had any impact on the Group's financial statements.

Introduction and effect of new and revised IFRS that are effective as from 2018

Please click here for Introduction and effect of new and revised IFRS that are  effective as from 2018

Introduction and effect of new and revised IFRS that are effective as from 2019 and onwards

Please click here for Introduction and effect of new and revised IFRS that are  effective as from 2019 and onwards

 

 

Investor relations contact:
Micaela Sjökvist
Head of Investor Relations
Phone: +46 (0)104703013
Cell phone: +46 (0)761167443 
ir@securitas.com