N O TE 49 Share s in as sociat ed companie s hOLDINGS 2010–2012 Compan y Domicile Share in equit y , % v o ting right s, % Book v alue , M SEK W alsons Ser vices P vt L td Delhi 49.0 49.0 112.1 Holdin g s 2012 112.1 W alsons Ser vices P vt L td Delhi 49.0 49.0 112.1 Holdin g s 2011 112.1 W alsons Ser vices P vt L td Delhi 49.0 49.0 112.1 Holdin g s 2010 112.1 N O TE 50 P repaid e xpense s and accrued income M SEK 2012 2011 2010 Prepaid rent 6.3 6.3 1.3 Other prepaid e xpenses and accrued income 18.4 20.5 28.1 T ot al prepaid e xpenses and accrued income 24.7 26.8 29.4 N O TE 51 Liquid funds Liquid funds include short -term in v es tments with a maximum dur ation of 90 da ys that are readily con v ertible to a kno wn amount of cash and subject to an insignifcant risk of chan g e in v alue . Liquid funds also include cash and bank deposits. Short -term in v es tments refer to fx ed interes t r ate bank deposits. In the Parent Compan y’ s balance sheet , utiliz ed internal credits in the S w edish cash-pool account are reported under the Group account bank o v er dr aft . N O TE 52 Shareholders ’ equit y Number of shares outs t andin g December 31, 2012 M SEK Series A 17 142 600 each share with a quot a v alue of SEK 1.00 17.1 Series B 347 916 297 each share with a quot a v alue of SEK 1.00 348.0 T ot al 365 058 897 365.1 The number of Series A and Series B shares is unchan g ed in relation to December 31, 2011 and 2010. As of December 31, 2012 there w ere no outs t andin g con v ertible debenture loans that could result in an y dilution of the share capit al. Each Series A share carried ten v otes and each Series B share one v ote . This is the only diference bet w een the t w o series of shares. Shareholder s with more than 10 percent of the v otes The principal shareholder s are Gus t af Doug las, who throug h family and the companies within the In v es tment AB L atour Group and f or v altnin g s AB W asatornet holds 11.5 percent of the capit al and 30.0 percent of the v otes, and M elk er Schorlin g, who throug h family and M elk er Schorlin g AB holds 5.6 percent of the capit al and 11.8 percent of the v otes. Dividend The Boar d of Director s propose a dividend to the shareholder s of the Parent Compan y of SEK 3.00 per share , or a tot al of M SEK 1 095.2. The dividend to the shareholder s for the fnancial y ear 2011, which w as paid in 2012, w as SEK 3.00 per share , or a tot al of M SEK 1 095.2. The dividend to the share - holder s for the fnancial y ear 2010, which w as paid in 2011, w as SEK 3.00 per share , or a tot al of M SEK 1 095.2. Share-based incentiv e scheme Securit as ’ share-based incentiv e scheme has had the follo win g impact on ret ained earnin g s: M SEK 2012 2011 2010 S w ap a greement 1 -52.1 3 -67.1 – R edemption of pre vious y ear's s w ap a greement 1 67.1 – – Share-based remuner ation to emplo y ees 2 0.5 4.1 – Set tlement of pre vious y ear's share - based remuner ation to emplo y ees 2 -4.1 – – T ot al 11.4 -63.0 – 1 R elated to the whole Group ’ s share-based incentiv e scheme . 2 R elated to share-based remuner ation for Securit as AB ’ s emplo y ees only . 3 The number of shares that ha v e been hed g ed in this s w ap a greement amount to a tot al of 809 768 and ha v e been allot ted to the participants durin g the fr s t quarter 2013, pro vided that the y are s till emplo y ed b y the Group . N O TE 53 L ong -t erm liabilitie s L ONG – TER m LIABILITIE S f ALL D u E f OR P A y m ENT AS f OLL O W S : M SEK 2012 2011 2010 M aturit y < 5 y ear s 6  047.1 8 473.9 7 211.8 M aturit y > 5 y ear s 3  049.3 84.7 82.4 T ot al lon g -term liabilities 9   096.4 8 558.6 7 294.2 N O TE 54 A ccrued e xpense s and prepaid income M SEK 2012 2011 2010 Emplo y ee-related items 14.7 11.7 27.3 Accrued interes t e xpenses 282.8 239.3 219.3 Other accrued e xpenses 23.9 36.5 40.1 T ot al accrued e xpenses and prepaid income 321.4 287.5 286.7 N O TE 55 Pledged as se ts M SEK 2012 2011 2010 Pension balances, defned contribution plans 82.6 74.3 72.1 T ot al pled g ed assets 82.6 74.3 72.1 N O TE 56 Contingent liabilitie s M SEK 2012 2011 2010 Sureties and guar antees 53.8 56.9 56.2 Guar antees related to discontinued oper ations 18.6 20.7 18.9 T ot al contin g ent liabilities 1 72.4 77.6 75.1 1 Guar antees on behalf of subsidiaries are accounted for in note 40. 129 Securit as Annual R eport 2012 Annual R eport Notes and comments to the Parent Compan y fnancial s t atements