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Review of 2010 – USD version - Skanska

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Residential Development<br />

37<br />

New homes in Lomma Hamn<br />

39<br />

The Residential Development business stream<br />

invests in and develops homes for sale<br />

directly to consumers in the Nordic countries,<br />

the Czech Republic and Slovakia.<br />

The first BoKlok attached homes<br />

41<br />

At home in Ullstorps Gårdar<br />

Startade bostäder<br />

1 800<br />

Sålda bostäder<br />

1 800<br />

1 500<br />

Residential Development will expand − becoming the leader in the Nordic<br />

1 200<br />

1 200<br />

countries, increasing its volume in the Czech Republic and Slovakia and<br />

900<br />

900<br />

launching operations in the United Kingdom and Poland.<br />

600<br />

600<br />

The target is a return on capital employed amounting to 10–15 percent<br />

300<br />

300<br />

annually for <strong>Skanska</strong>’s three project development streams combined.<br />

0<br />

0<br />

Sverige Norge Finland Tjeckien<br />

Sverige Norge Finland Tjeckien<br />

• 2009 • <strong>2010</strong> • 2009 • <strong>2010</strong><br />

1 500<br />

<strong>USD</strong> M <strong>2010</strong> 2009<br />

Revenue 1,052 855<br />

Operating income 78 –2<br />

Operating margin, % 7,4 neg<br />

Investments –772 –448<br />

Divestments 733 779<br />

Operating cash flow from business<br />

operations 1 –268 60<br />

Capital employed 1,498 1,207<br />

Return on capital employed, % 5.9 neg<br />

Number <strong>of</strong> employees 649 669<br />

1 Before taxes, financing operations and dividends.<br />

Homes started<br />

1,800<br />

1,500<br />

1,200<br />

900<br />

600<br />

300<br />

1,500<br />

1,200<br />

900<br />

600<br />

300<br />

0<br />

0<br />

Sweden Norway Finland Czech<br />

Republic<br />

• 2009 • <strong>2010</strong><br />

Homes sold<br />

1,800<br />

Sweden Norway Finland<br />

• 2009 • <strong>2010</strong><br />

Czech<br />

Republic<br />

<strong>Skanska</strong> <strong>Review</strong> <strong>of</strong> <strong>2010</strong> – <strong>USD</strong> <strong>version</strong><br />

Bostadsutveckling 35

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