T o tal sale s increased t o MSEK 66 458 from MSEK 64 057 Or ganic sales gro wth Operating income before amortiz ation amount ed t o MSEK 3 085 Oper atin g mar g in M ark ets and or ganization Securit as oper ates in North America Europe L atin America the Middle Eas t Asia and Africa The or ganization is f at and decentr aliz ed In 2012 there w ere four business se gments Securit y Ser vices North America Securit y Ser vices Europe M obile and M onitorin g and Securit y Ser vices Ibero America As of 2013 M obile and M onitorin g is included in Securit y Ser vices Europe Securit y Ser vices North America pro vides specializ ed securit y ser vices in the U SA Canada and M e xico with appro ximately 109 000 emplo y ees and about 640 br anch mana g er s Securit as mark et share is 18 percent in the U SA Securit y Ser vices Europe pro vides specializ ed securit y ser vices in 27 countries with appro ximately 110 000 emplo y ees and 700 br anch mana g er s Securit as mark et share is 19 percent in this re g ion for these t ypes of ser vices M obile of er s mobile securit y ser vices such as beat patrol and callout ser vices for small and mediumsiz ed companies and oper ates in 12 countries with appro ximately 9 500 emplo y ees and 215 br anch mana g er s M onitorin g of er s electronic alarm sur v eillance for both homes and businesses Securit as oper ates control rooms in ten countries in Europe and has appro ximately 800 emplo y ees T og ether M obile and M onitorin g s mark et share is 18 percent in this re g ion for these t ypes of ser vices Securit y Ser vices Ibero America pro vides specializ ed securit y ser vices in se v en countries in L atin America as w ell as in Portugal and Spain in Europe with more than 58 000 emplo y ees and close to 190 br anch mana g er s Securit as mark et share is 14 percent in this re g ion Read more on page s 1216 Of ferin g Securit as ser vices a wide r an g e of cus tomer s in a v ariet y of indus tries and cus tomer se gments The siz e of the cus tomer s v aries from t h e s h o p o n t h e corner to g lobal multi billion indus tries The ser vices pro vided are special iz ed guar din g and mobile ser vices monitorin g technical solutions and consultin g and in v es tigations Securit as can respond to the unique and specif c securit y challen g es facin g its cus tomer s and t ailor its of erin g accor din g to their specif c indus tr y demands K no win g ho w each cus tomer se gment w orks mak es for a bet ter result for the cus tomer and for us Read more on page s 811 Siz e Securit as emplo ys more than 300 000 people in 52 countries In 2012 tot al sales amounted to M SEK 66 458 and oper atin g income to M SEK 3 085 Read more on page s 1823 Financial t ar g ets Securit as focuses on t w o f nancial t ar g ets The f r s t t ar g et relates to the s t atement of income an a v er a g e gro wth of earnin g s per share of 10 percent annually The second t ar g et relates to the balance sheet free cash f o w in relation to net debt of at leas t 020 In 2012 earnin g s per share amounted to SEK 332 which represented a decrease of 30 percent compared with 2011 Adjus ted for a s tron g er S w edish krona durin g 2012 earnin g s per share decreased 29 percent compared with 2011 Adjus ted also for items af ectin g compar abilit y and impairment losses earnin g s per share amounted to SEK 421 which w as a decrease of 11 percent compared to 2011 The relation bet w een free cash f o w and net debt w as 021 at y ear end Read more on page s 5051 and 8283 The share The share price decreased 5 percent durin g 2012 The number of share holder s in Securit as w as 27 222 Ins titutional in v es tor s and other corpor ate entities accounted for 96 percent of the tot al share capit al Shareholder s outside S w eden accounted for 41 percent 37 of the capit al and 29 percent 26 of the v otes The principal shareholder s in Securit as are Gus t af Doug las and M elk er Schorlin g who throug h their companies and families hold 115 percent and 56 percent of the capit al respectiv ely Read more on page s 134135 The increase of M obile and M onitorin g s mark et share compared to pre vious y ear is lar g ely due to oper ations mo v ed bet w een the se gments M obile and M onitorin g and Securit y Ser vices Europe Information about mark et siz e mark et position and mark et dat a in g ener al is based on Securit as e xperience and es timates as w ell as internal and e xternal s tudies in case nothin g else is s t ated 62 667 56 572 64 057 61 340 66 458 T ot al sales Oper atin g income before amortization Earnin g s per share Sales b y business se gment F ree cash o w to net debt Securit y Ser vices North America 35 Securit y Ser vices Europe 41 M obile and M onitorin g 9 Securit y Ser vices Ibero America 1 4 Other 1 6 1 1 3 0 3 756 3 271 3 385 3 724 3 085 58 60 61 53 46 021 026 024 008 021 524 518 571 580 475 42 1 332 08 09 10 11 12 Continuin g oper ations Continuin g oper ations 62 667 56 572 64 057 61 340 66 458 T ot al sales Oper atin g income before amortization Earnin g s per share Sales b y business se gment F ree cash o w to net debt Securit y Ser vices North America 35 Securit y Ser vices Europe 41 M obile and M onitorin g 9 Securit y Ser vices Ibero America 1 4 Other 1 6 1 1 3 0 3 756 3 271 3 385 3 724 3 085 58 60 61 53 46 021 026 024 008 021 524 518 571 580 475 42 1 332 S ecurit y S er vice s in E urope and North America repre sent 76 o f t o tal sale s 62 667 56 572 64 057 61 340 66 458 T ot al sales Oper atin g income before amortization Earnin g s per share Sales b y business se gment F ree cash o w to net debt Securit y Ser vices North America 35 Securit y Ser vices Europe 41 M obile and M onitorin g 9 Securit y Ser vices Ibero America 1 4 Other 1 6 1 1 3 0 3 756 3 271 3 385 3 724 3 085 58 60 61 53 46 021 026 024 008 021 524 518 571 580 475 42 1 332 08 09 10 11 12 Securit as in brief