S ecuritas in brief fold out CE O s tat ement 2–6 O? ering and mark e ts 8–16 Operations 18–23 Ov er view – business se gments 18 Securit y Ser vices North America 19 Securit y Ser vices Europe 20 M obile and M onitorin g 21 Securit y Ser vices Ibero- America 22 New mark ets 23 S ecuritas ’ re sponsibilitie s 24–30 Go v ernance and management 31–53 Boar d of Director s ’ report on corpor ate g o v ernance and internal control 33–47 Boar d of Director s 36–37 Risk and risk mana g ement 40–45 Auditor ’ s report on the Corpor ate G o v ernance St atement 47 M ana g ement and ? nancial control 48–51 Group M ana g ement 52–53 Annual Report 55–131 R eport of the Boar d of Director s 57–67 Consolidated ? nancial s t atements 68–74 Notes and comments to the consolidated ? nancial s t atements 75–119 Fiv e- y ear o v er view 118–119 Parent Compan y ? nancial s t atements 120–122 Notes and comments to the Parent Compan y ? nancial s t atements 123–129 Signatures of the Boar d of Director s 130 Auditor ’ s report 131 Quart erly data 132–133 The S ecuritas share 134–135 Financial information and in vitation t o the Annual General Mee ting 136 This is a tr anslation of the orig inal S w edish Annual R eport . In the e v ent of dif erences bet w een the En g lish tr anslation and the S w edish orig inal, the S w edish Annual R eport shall pre v ail. “ The k ey t o our succe s s is t o mo v e from traditional guarding t o comple t e securit y solutions. ”