Managerial Accounting Report: Trelleborg PWC Framework Analysis

This managerial accounting report provides a detailed analysis of Trelleborg's reporting practices, evaluating its performance against the PWC value framework. The report begins with an executive summary, followed by an in-depth examination of various aspects, including external drivers, competitive landscape, and regulatory compliance. It assesses the comprehensiveness of Trelleborg's reporting on economic, social, and technical aspects, as well as its strategy, business model, governance, and risk management. The report further investigates the company's resources and relationships, including financial and physical assets, customers, people and culture, innovation, brand, and supply chain. Performance metrics such as operational, economic, social, environmental, and segmental performance are also evaluated. The report concludes with an assessment of material matters and provides recommendations for improvement. The analysis highlights strengths in strategic elements and performance disclosures, while also identifying areas where reporting could be enhanced, such as technical aspects and strategy objectives. Overall, the report provides a comprehensive assessment of Trelleborg's reporting quality and its alignment with the PWC framework.

Running head: MANAGERIAL ACCOUNTING
Managerial Accounting
Name of the Student
Name of the University
Authors Note
Course ID

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Table of Contents
Executive Summary:..................................................................................................................4
External drivers..........................................................................................................................6
Competitive............................................................................................................................6
Reporting Critic......................................................................................................................6
Accessibility...........................................................................................................................6
Comprehensiveness................................................................................................................6
Overall Conclusion.................................................................................................................6
Reporting Critic......................................................................................................................6
Accessibility...........................................................................................................................7
Comprehensiveness................................................................................................................7
Overall Conclusion.................................................................................................................7
Reporting Critic......................................................................................................................8
Accessibility...........................................................................................................................8
Comprehensiveness................................................................................................................8
Overall Conclusion.................................................................................................................8
Reporting Critic......................................................................................................................9
Accessibility...........................................................................................................................9
Comprehensiveness................................................................................................................9
Overall Conclusion.................................................................................................................9
Reporting Critic....................................................................................................................10

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Accessibility.........................................................................................................................10
Comprehensiveness..............................................................................................................10
Overall Conclusion...............................................................................................................10
Reporting Critic....................................................................................................................10
Accessibility.........................................................................................................................11
Comprehensiveness..............................................................................................................11
Overall Conclusion...............................................................................................................11
Reporting Critic....................................................................................................................11
Accessibility.........................................................................................................................11
Comprehensiveness..............................................................................................................12
Overall Conclusion...............................................................................................................12
Reporting Critic....................................................................................................................12
Accessibility.........................................................................................................................12
Comprehensiveness..............................................................................................................12
Overall Conclusion...............................................................................................................13
Reporting Critic....................................................................................................................13
Accessibility.........................................................................................................................13
Comprehensiveness..............................................................................................................13
Overall Conclusion...............................................................................................................14
Reporting Critic....................................................................................................................14
Accessibility.........................................................................................................................14

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Comprehensiveness..............................................................................................................14
Overall Conclusion...............................................................................................................15
Resources and relationships: Financial Assets:........................................................................16
Resources and relationships: Physical Assets:.........................................................................17
Resources and relationships: Customers:.................................................................................19
Resources and relationships: People and Culture:...................................................................21
Resources and relationships: Innovation G&S:.......................................................................22
Resources and relationships: Brand & IA:...............................................................................23
Resources and relationships: Process and Supply Chain:........................................................24
Performance: Operational Performance...................................................................................26
Performance: Economic Performance......................................................................................27
Performance: Social Performance............................................................................................28
Performance: Environmental Performance..............................................................................30
Performance: Segmenal Performance......................................................................................31
Reporting of Material Matters:.................................................................................................33
Material matters critique:.........................................................................................................34
References:...............................................................................................................................35

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Executive Summary:
The framework of PWC provides both the internal and external view regarding the decision
making and sustainable creation of value of a company’s present performance. The report is
based on providing the analytical assessment of the nature and quality of reporting for
Trelleborg. The company is originally from Sweden and focuses on providing engineered
polymer solutions.
The results of the reflected that both the depth and disclosure principle were in accordance
with the framework. There are certain heightened performance disclosure in areas of:
Strategic Elements
a. Business modelling
b. Governance
c. Strategy
d. Risk
Performance elements
a. Economic
b. Operational
c. Segmental
The report provides a greater disclosure of the company’s strategic elements in respect of the
performance and relationship. Certain elements such as financial assets, process and supply
chains were easily accessible from the content page.
Further conclusion:
Alignment with PWC reporting framework

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The degree of disclosure and comprehensiveness of Trelleborg reporting is in agreement with
the performance elements that are contained in the PWC value framework. The framework
would provide the readers in better understanding.
Accessibility
The majority of PWC framework were easily accessible in the reports. Both the qualitative
and graphical presentation is provided in a comprehensive format.
Comprehensiveness:
The readers are provided with an insight regarding the following;
a. Performance targets
b. Benchmarks
c. Historical metrics
Limitations:
There are few limitation to the study which includes;
a. The study is dependent on the research interpretation
b. Only single reporting is studied
c. The nature of reporting will be different in other entities

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External drivers
Competitive
Reporting Critic
The various types of competitive elements set out in the annual report of the company
can be identified with disclosure on comparable competitors (PwC 2018).
Accessibility
This section of the study can be accessed in the annual report published in 2017 under
the drivers for market presence in page 41. The name of the section is “few comparable
competitors”.
Comprehensiveness
The different aspects of comprehensiveness under this section shows that market
mainly comprises of significantly smaller companies having regional specialities in niche
markets in several product categories. The company has declared some of the major
competitors for Trellborg includes Bridgestone, Continental, Freudenberg, Hutchinson, NOK,
Parker Hannifin and Sumitomo Riko.
Overall Conclusion
The overall depiction of disclosure on competitive aspects can be depicted in terms of
not only domestic but also international competitors. Therefore, this disclosure the company
has evaluated the competitive scenario in a holistic manner making it good.
Regulatory and Geopolitical
Reporting Critic
The regulatory information is broadly classified under resource efficiency for
sustainability, customised solutions to general industry, GRI G4 guidelines and external

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auditors and regulatory compliance for anticorruption. The geopolitical changes is defined
with geoeconomic changes and shifts in power (PwC 2018).
Accessibility
The accessibility of regulatory information and geopolitical information on the annual
report of 2017 is identified in pages 40, 48, 49, 51, 52 and 63.
Comprehensiveness
The regulatory compliance of the company is mainly stated with:
 Compliance with laws and courts under GRI G4
 Compliance with resources such as energy, climate, emissions
 Regulatory approach for diversity and social engagement
The geopolitical discussions of Trellborg is depicted with significant information on
 Information disclosure on Growth factors which are taking place across various global
regions
 Inclusion of factors such as global economic growth on social changes which can
influence countries and geographical areas
 Consideration of developments which can be brought by teams operating in both
global and local markets
Overall Conclusion
The company has disclosed a vivid information on both regulatory information and
geopolitical changes. Therefore, information quality of these parameters is good.
Economic

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Reporting Critic
The report has a moderated on various implications of economic growth influence in
the products and solutions offered by Trellborg. Moreover, it has also been able to disclose
information with states about strongly linking the demand of transportation with positive
economic activities in a particular region or country (PwC 2018).
Accessibility
The basic information pertaining to economic growth implications can be found in
resource efficiency for sustainability section in the page 40 of annual report 2017.
Comprehensiveness
The overall comprehensive understanding can be identified with
 The products and solutions offered by the company having distinct properties in
contributing towards a sustainable environment
 demand for transportation strongly related with the positive economic activity
 Effect of economic environment in terms of better yield and power requirements for
ploughing
Overall Conclusion
The overall information available on the economic disclosures can be identified with
sufficient disclosure of information in terms of both transport industry and materiality
impacts on the company. However, there is insufficient scope of information on how the
company will manage economic risk in an event of financial crisis. Therefore, such a nature
of discourse in the annual report can be depicted as bad.

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Social
Reporting Critic
The social responsibilities of the Trellborg is reported with focus on target and
outcomes. The company has also considered corporate social responsibility in terms of tax
accounting. The company is also included is information on social engagement which is
needed with the key stakeholders (PwC 2018).
Accessibility
The information on social declarations is present under drivers for market presence in
page 40, focus of the company in real aspects in page 48, social engagement under
materiality aspects in page 49. In addition to this, it is also discussed on target outcomes
based on social responsibilities in page 11.
Comprehensiveness
The social initiatives have been clearly defined as per supporting of local
communities in which it is seen to be operating with a variety of social activities and also
providing support for teaching and educational activities to the young population. The
outcome for the social activities has been identified with effective support for child and youth
development programs in countries such as India, Sweden and Sri Lanka. The strategy
marketing programs have benefited the consumers in terms of marketing automation, web
marketing and other digital marketing channels.
Overall Conclusion
The company has considered wide range of social initiatives in terms of tax
accounting and strategic marketing therefore, this disclosure can be stated as good.

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Technical
Reporting Critic
The technical aspects of reporting are mentioned under support for local technical
operations under the subheading strategy supported by four cornerstones. There are also few
mentions about technical aspects in terms of sending out the service technicians at the time of
inter-fit concept (PwC 2018).
Accessibility
The accessibility of such information can be traced in page 30 of annual report under
strategy supported by four cornerstones.
Comprehensiveness
The comprehensiveness of such an information is not only lacking in detail but also
application. It can be seen that the only information disclosed is identified with the company
using sensors on subsea buoys, aircrafts and tires.
Overall Conclusion
There is a significant gap in information in terms of disclosures made about
achievements in the field of technological initiatives along with proposed technological
solutions in the future years. This disclosure of information is seen as ugly.
Strategy
Strategy objectives
Reporting Critic
The reporting of strategy objectives for Trellborg can be depicted with ERM
priorities. In addition to this, it has also stated about long-term incentive program of including

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instigation of new programs include ongoing three-year programs. Some of the meat reality
aspects of strategy is also disclosed with impairment of financial assets.
Accessibility
The information pertaining to strategic objectives can be clearly identified with the
excellence in core processes which is depicted in page 33 of the annual report, strategic
objective for climate change in page 57 and ERM priorities on page 66 of the annual report.
Comprehensiveness
The strategy could objectives pertaining to ERM priorities can be clearly depicted in
terms of eight major risk areas which includes resolution strategy for damage or substantial
loss of property within the entire group. The size of provisions for the strategic objectives
associated with materiality is consisting of the treatments for differences among the carrying
amount and present value of the estimates for the future cash flows.
Overall Conclusion
The overall information pertaining to strategy objectives is seen to be poor in nature.
Henceforth, the strategic objectives disclosure is seen to be Ugly.
Business model
Reporting Critic
There is a prominent information available on the use of business models under areas
of growth in Trellborg. In addition to this, some of the other extracts of information on this
topic is also present with multi-dimensional growth models adopted in 2017.
Accessibility
The accessibility of information on five years perspective of business model can be
identified under areas of growth which is stated in page 4 of the annual report. In addition to