Review of 2010 – USD version - Skanska

Note
42 Continued
Business streams 2010 2009
USD M Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1
Order bookings
Construction 4,445.8 3,977.6 6,251.5 3,559.4 4,807.6 4,454.2 4,693.8 2,872.2
Total 4,445.8 3,977.6 6,251.5 3,559.4 4,807.6 4,454.2 4,693.8 2,872.2
Revenue
Construction 4,508.9 4,183.8 3,786.0 3,227.8 4,489.7 4,641.5 4,276.9 3,629.4
Residential Development 258.7 165.5 173.3 167.4 336.4 289.9 366.7 240.3
Commercial Property Development 423.3 167.1 172.4 246.7 140.7 168.7 296.3 41.8
Infrastructure Development 12.3 17.9 10.2 3.9 5.2 2.0 11.1 1.4
Central and eliminations –181.0 –116.4 –159.1 –112.0 –135.5 –152.3 –222.9 –248.4
Total 5,022.2 4,417.9 3,982.8 3,533.8 4,836.6 4,949.8 4,728.1 3,664.6
Operating income
Construction 186.8 192.8 151.7 77.5 168.9 212.8 168.2 86.5
Residential Development 11.6 11.9 10.6 4.7 20.2 17.4 15.1 3.1
Commercial Property Development 69.4 41.9 30.9 38.3 14.3 39.8 101.2 1.2
Infrastructure Development 3.0 2.6 15.9 19.7 11.6 –5.8 18.6 0.0
Central –36.5 –22.5 –30.2 –20.7 –32.8 –17.9 –21.1 –17.0
Eliminations 4.9 1.2 –7.8 –0.4 4.1 0.1 0.8 –1.0
Total 239.2 227.9 171.0 119.1 186.3 246.4 282.8 72.8
Note
43
Five-year Group financial summary
Income statements 2010 2009 2008 2007 2006
Revenue 16,956.7 18,179.0 21,801.8 20,535.8 17,028.6
Cost of sales –15,229.5 –16,388.0 –19,959.3 –18,616.0 –15,485.4
Gross income 1,727.2 1,791.1 1,842.5 1,919.8 1,543.2
Selling and administrative expenses –1,045.1 –1,055.5 –1,355.4 –1,179.3 –947.0
Income from joint ventures and associated companies 75.1 52.8 132.9 59.5 49.3
Operating income 757.2 788.3 620.0 799.9 645.6
Net financial items –4.9 –30.4 49.2 38.6 30.2
Income after financial items 752.4 757.9 669.2 838.6 675.8
Taxes –193.5 –206.3 –190.1 –228.8 –180.3
Profit for the year 558.8 551.5 479.1 609.8 495.5
Profit for the year attributable to
Equity holders 558.0 550.9 470.7 606.1 492.8
Non-controlling interests 0.8 0.7 8.3 3.7 2.7
Other comprehensive income
Translation differences attributable to equity holders –51.6 204.7 –383.0
Translation differences attributable to non-controlling interests –2.1 –0.7 3.5
Hedging of exchange risk in foreign operations 14.9 –53.5 77.0
Effects of actuarial gains and losses on pensions 123.3 99.8 –416.2
Effects of cash flow hedges 17.6 –52.1 –33.5
Tax attributable to other comprehensive income –40.6 –30.4 113.7
Other comprehensive income for the year 61.6 167.7 –638.6
Total comprehensive income for the year 620.4 719.3 –159.6
Total comprehensive income for the year attributable to
Equity holders 621.6 719.3 –171.4
Non-controlling interests –1.2 0.0 11.8
Cash flow
Cash flow from operating activities 865.4 991.1 84.1 1,346.4 503.9
Cash flow from investing activities –534.1 –409.1 –291.0 –361.9 –433.8
Cash flow from financing activities –678.1 –360.1 –846.1 –546.6 –387.7
Cash flow for the year –346.8 221.9 –1,053.1 437.9 –317.7
152 Notes, including accounting and valuation principles Skanska Review of 2010 – USD version