Annual Report 2011 - Skanska

Knowledge, innovative solutions and long experience have helped make Skanska a leading residential developer in its markets.In each project, we build homes for sale to selected target groups.SwedenNorwayFinland and EstoniaPolandCzech Republic and SlovakiaUnited KingdomSkanska builds attractive new homes thatsatisfy people’s need for well-functioningliving space. Based on our core competencein planning, development and executionof residential projects, we create newneighborhoods from the ground up. During2011, 3,193 Skanska homes were sold.7%Andel av koncernen3%Andel av koncernenIntäkter 8 550 Mkr1 317 MUSD947 MEUR2011Rörelseresultat 345 Mkr53 MUSD38 MEURSEK M 2011 2010Revenue 8,550 7,581Operating income 345 559Revenue7%Share of GroupSEK 8 550 MUSD 1 317 MEUR 947 M3%Share of GroupOperating income SEK 345 MUSD 53 MEUR 38 MOperating margin, % 4.0 7.4Investments –7,688 –5,562Divestments 5,699 5,281Operating cash flow from businessoperations 1 –2,564 –1,934Capital employed, SEK bn 12.7 10.2Return on capital employed, % 3.2 6.0Number of employees 586 6491 Before taxes, financing operations and dividendsSkanska Annual Report 2011 Residential Development 45