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

Group Jan-Jun 2026
MSEK
 Construction Civil
Engineering		 Industry Project
Development		 Group
functions		 Eliminations Group
Segment		 Differences in accounting principles 1) Group
IFRS
Koncernen Jan-jun 2026
Mkr		 Bygg Anläggning Industri Projekt-
utveckling		 Koncern-gemensamt Eliminering Koncernen
Segment		 Skillnader i redovisnings-principer 1) Koncernen IFRS
External sales Extern försäljning 10,749 8,692 6,703 1,374 31 27,549 -159 27,390
Internal sales Intern försäljning 1,035 490 2,041 17 684 -4,267 – –
Total revenue Summa intäkter 11,784 9,182 8,744 1,391 715 -4,267 27,549 -159 27,390
Operating profit Rörelseresultat 379 420 194 43 -248 -19 769 -86 683
Operating margin, % Rörelsemarginal, % 3.2 4.6 2.2 3.1 2.8 2.5
Financial income Finansiella intäkter 51 51
Financial expenses Finansiella kostnader -201 -23 2) -224
Net finance Finansnetto -150 -23 -173
Pre-tax profit Resultat före skatt 619 -109 510
Tax Skatt -102 6 -96
Profit for the period Periodens resultat 517 -103 414
Capital employed (CB)
Sysselsatt kapital (UB)
 -1,570 -366 10,435 18,522 773 3) 27,794 2,119 29,913
Total assets Balansomslutning 45,140 2,150 4) 47,290
Equity Eget kapital 16,304 -337 15,967
Equity/assets ratio, % Soliditet, % 36.1 33.8
Net debt Nettoskuld 8,714 2,456 11,170
Cashflow before financing Kassaflöde före finansiering 3 5) 229 5) -907 5) -2 5) -594 6) -1,271 -783 -2,054

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 -23 million.

3) Unallocated capital employed.

4) Divided between IFRS 16, additional leases SEK 1,220 million and housing projects SEK 930 million.

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

6) Unallocated cash flow.

Group Jan-Jun 2025
MSEK
 Construction Civil
Engineering		 Industry Project
Development		 Group
functions		 Eliminations Group
Segment		 Differences in accounting principles 1) Group
IFRS
Koncernen Jan-jun 2025
Mkr		 Bygg Anläggning Industri Projekt-
utveckling		 Koncern-gemensamt Eliminering Koncernen
Segment		 Skillnader i redovisnings-principer 1) Koncernen IFRS
External sales Extern försäljning 10,203 7,502 6,398 1,732 27 25,862 26 25,888
Internal sales Intern försäljning 1,073 599 1,563 10 681 -3,926 – –
Total revenue Summa intäkter 11,276 8,101 7,961 1,742 708 -3,926 25,862 26 25,888
Operating profit Rörelseresultat 248 318 -5 82 -177 16 482 26 508
Operating margin, % Rörelsemarginal, % 2.2 3.9 -0.1 4.7 1.9 2.0
Financial income Finansiella intäkter 93 93
Financial expenses Finansiella kostnader -902 -24 2) -926
Net finance Finansnetto -809 -24 -833
Pre-tax profit Resultat före skatt -327 2 -325
Tax Skatt 34 -4 30
Profit for the period Periodens resultat -293 -2 -295
Capital employed (closing balance)
Sysselsatt kapital (UB)
 -878 -575 10,391 19,199 -1,033 3) 27,104 1,540 28,644
Total assets Balansomslutning 44,525 2,181 4) 46,706
Equity Eget kapital 15,572 -256 15,316
Equity/assets ratio, % Soliditet, % 35.0 32.8
Net debt Nettoskuld 9,525 11,321
Cashflow before financing Kassaflöde före finansiering 306 5) 519 5) -617 5) -447 5) -684 6) -923 454 -469

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 -24 million.

3) Unallocated capital employed.

4) Divided between IFRS 16, additional leases SEK 1,363 million and housing projects SEK 818 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.