Note 3 – Operating segment and reconciliation between segment reporting and reporting according to IFRS

Group Jan-Mar 2026
MSEK
 Construction Civil
Engineering		 Industry Project
Development		 Group
functions		 Eliminations Group
Segment		 Differences in accounting principles 1) Group
IFRS
Koncernen Jan-mar 2026
Mkr		 Bygg Anläggning Industri Projekt-
utveckling		 Koncern-gemensamt Eliminering Koncernen
Segment		 Skillnader i redovisnings-principer 1) Koncernen IFRS
External sales Extern försäljning 4,780 3,852 1,635 488 16 10,771 61 10,832
Internal sales Intern försäljning 519 210 827 4 334 -1,894 – –
Total revenue Summa intäkter 5,299 4,062 2,462 492 350 -1,894 10,771 61 10,832
Operating profit Rörelseresultat 222 147 -412 9 -114 -8 -156 7 -149
Operating margin, % Rörelsemarginal, % 4.2 3.6 -16.7 1.8 -1.4 -1.4
Financial income Finansiella intäkter 28 28
Financial expenses Finansiella kostnader -102 -11 2) -113
Net finance Finansnetto -74 -11 -85
Pre-tax profit Resultat före skatt -230 -4 -234
Tax Skatt 60 1 61
Profit for the period Periodens resultat -170 -3 -173
Capital employed (CB)
Sysselsatt kapital (UB)
 -1,681 -821 9,269 18,634 1,927 3) 27,328 1,733 29,061
Total assets Balansomslutning 42,272 2,110 4) 44,382
Equity Eget kapital 16,735 -312 16,423
Equity/assets ratio, % Soliditet, % 39.6 37.0
Net debt Nettoskuld 7,173 2,045 9,218
Cashflow before financing Kassaflöde före finansiering -17 5) 415 5) -338 5) -183 5) -485 6) -608 -431 -1,039

1) For more information about the allocation of revenue and profit items see note 2 and the section Overview business areas.

2) Refers to IFRS 16, additional leases SEK -11 million.

3) Unallocated capital employed.

4) Divided between IFRS 16, additional leases SEK 1,242 million and housing projects SEK 868 million.

5) Refers to operating cash flow. For definition, see section Alternative performance measures and defintions.

6) Unallocated cash flow.

Group Jan-Mar 2025
MSEK
 Construction Civil
Engineering		 Industry Project
Development		 Group
functions		 Eliminations Group
Segment		 Differences in accounting principles 1) Group
IFRS
Koncernen Jan-mar 2025
Mkr		 Bygg Anläggning Industri Projekt-
utveckling		 Koncern-gemensamt Eliminering Koncernen
Segment		 Skillnader i redovisnings-principer 1) Koncernen IFRS
External sales Extern försäljning 4,851 3,435 1,641 985 13 10,925 -100 10,825
Internal sales Intern försäljning 466 233 642 6 333 -1,680 – –
Total revenue Summa intäkter 5,317 3,668 2,283 991 346 -1,680 10,925 -100 10,825
Operating profit Rörelseresultat 111 114 -549 83 -56 19 -278 -4 -282
Operating margin, % Rörelsemarginal, % 2.1 3.1 -24.0 8.4 -2.5 -2.6
Financial income Finansiella intäkter 54 54
Financial expenses Finansiella kostnader -160 -13 2)  -173
Net finance Finansnetto -106 -13 -119
Pre-tax profit Resultat före skatt -384 -17 -401
Tax Skatt 33 1 34
Profit for the period Periodens resultat -351 -16 -367
Capital employed (CB)
Sysselsatt kapital (UB)
 -333 -485 9,735 18,435 3213) 27,673 1,973 29,646
Total assets Balansomslutning 42,722 2,497 4) 45,219
Equity Eget kapital 16,285 -284 16,001
Equity/assets ratio, % Soliditet, % 38.1 35.4
Net debt Nettoskuld 8,266 2,257 10,523
Cashflow before financing Kassaflöde före finansiering 287 5) 226 5) -611 5) 269 5) -534 6) -363 -122 -485

1) For more information about the allocation of revenue and profit items see note 2 and the section Overview business areas.

2) Refers to IFRS 16, additional leases SEK -13 million.

3) Unallocated capital employed.

4) Divided between IFRS 16, additional leases SEK 1,329 million and housing projects SEK 1,168 million.

5) Refers to operating cash flow. For definition, see section Alternative performance measures and defintions.

6) Unallocated cash flow.

Group Jan-Dec 2025
MSEK
 Construction Civil
Engineering		 Industry Project
Development		 Group
functions		 Eliminations Group
Segment		 Differences in accounting principles 1) Group
IFRS
Koncernen Jan-dec 2025
Mkr		 Bygg Anläggning Industri Projekt-
utveckling		 Koncern-gemensamt Eliminering Koncernen
Segment		 Skillnader i redovisnings-principer 1) Koncernen IFRS
External sales Extern försäljning 21,443 16,331 16,434 4,327 54 58,589 -8 58,581
Internal sales Intern försäljning 2,240 1,276 3,603 18 1,374 -8,511 – –
Total revenue Summa intäkter 23,683 17,607 20,037 4,345 1,428 -8,511 58,589 -8 58,581
Operating profit Rörelseresultat 512 704 1,485 238 -363 50 2,626 67 2,693
Operating margin, % Rörelsemarginal, % 2.2 4.0 7.4 5.5 4.5 4.6
Financial income Finansiella intäkter 146 146
Financial expenses Finansiella kostnader -1,098 -46 2) -1,144
Net finance Finansnetto -952 -46 -998
Pre-tax profit Resultat före skatt 1,674 21 1,695
Tax Skatt -332 -332
Profit for the period Periodens resultat 1,342 21 1,363
Capital employed (CB)
Sysselsatt kapital (UB)
 -1,830 -568 9,198 18,220 1,764 3) 26,784 1,332 28,116
Total assets Balansomslutning 42,472 2,071 4) 44,543
Equity Eget kapital 16,716 -237 16,479
Equity/assets ratio, % Soliditet, % 39.4 37.0
Net debt Nettoskuld 6,400 1,569 7,969
Cashflow before financing Kassaflöde före finansiering 1,576 5) 900 5) 1,951 5) 552 5) -860 6) 4,119 776 4,895

1) For more information about the allocation of revenue and profit items see note 2 and the section Overview business areas.

2) Refers to IFRS 16, additional leases SEK -46 million.

3) Unallocated capital employed.

4) Divided between IFRS 16, additional leases SEK 1,285 million and housing projects SEK 786 million.

5) Refers to operating cash flow. For definition, see section Alternative performance measures and defintions.

6) Unallocated cash flow.