YIT’s comparable figures for 2013 in accordance with the new segment structure

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YIT Corporation changed its segment structure as of the beginning of 2014. The company’s two reporting segments as of January 1, 2014 are 1) Housing and 2) Business Premises and Infrastructure. Under the Housing segment, key financial figures are also reported for two geographical regions: 1) Finland, the Baltic countries and Central Eastern Europe, and 2) Russia. The Business Premises and Infrastructure segment comprises business premises construction in Finland, the Baltic countries and Central Eastern Europe, as well as infra services in Finland. Reporting under the new segment structure will begin from the January–March 2014 interim report, which will be published on April 25, 2014.

The reason behind the replacement of the former, geographical segment structure is the aim to renew the structure to better match the company’s new management structure and business areas. The objective of the new segment and management structure is to strengthen the development of YIT’s strategic focus areas and support growth in the company’s own-developed projects, particularly in emerging markets. The changes are aimed at facilitating the effective implementation of the company’s strategy as well as an increasingly customer-focused operating model.

YIT’s comparable figures for 2013 according to the new segment structure based on segment reporting (POC) are presented below.

Revenue

EUR million1-3/134-6/137-9/1310-12/131-3/131-6/131-9/131-12/13
Housing286.2247.9270.4347.7286.2534.1804.51,152.2
 Finland, the Baltic countries and Central Eastern Europe188.6131.6140.0196.0188.6320.2460.2656.2
 Russia97.6116.3130.4151.797.6214.0344.3496.0
Business Premises and Infrastructure158.8177.0181.4171.7158.8335.7517.2688.9
Other items7.06.12.81.97.013.115.917.8
Group, total (POC)452.0430.9454.7521.3452.0882.91,337.61,858.8
IFRS adjustment-6.46.2-91.7-24.0-6.4-0.2-91.9-115.9
Group, total (IFRS)445.6437.1363.0497.3445.6882.71,245.71,743.0

Operating profit

EUR million1-3/134-6/137-9/1310-12/131-3/131-6/131-9/131-12/13
Housing35.030.634.835.535.065.6100.4135.8
 Finland, the Baltic countries and Central Eastern Europe22.413.714.714.922.436.150.865.7
 Russia12.617.020.120.512.629.549.670.2
Business Premises and Infrastructure3.19.98.09.53.113.021.030.5
Other items-2.2-2.2-5.4-3.8-2.2-4.4-9.8-13.6
Group, total (POC)35.938.337.441.235.974.2111.6152.8
IFRS adjustment-4.9-6.0-25.7-12.2-4.9-10.9-36.6-48.8
Group, total (IFRS)31.032.311.729.031.063.375.0104.0

Operating profit excluding non-recurring items

EUR million1-3/134-6/137-9/1310-12/131-3/131-6/131-9/131-12/13
Housing35.030.634.836.035.065.6100.4136.3
 Finland, the Baltic countries and Central Eastern Europe22.413.714.715.422.436.150.866.2
 Russia12.617.020.120.512.629.549.670.2
Business Premises and Infrastructure3.19.98.010.03.113.021.031.0
Other items-2.2-2.2-5.4-3.5-2.2-4.4-9.8-13.4
Group, total (POC)35.938.337.442.435.974.2111.6154.0
IFRS adjustment-4.9-6.0-25.7-12.2-4.9-10.9-36.6-48.8
Group, total (IFRS)31.032.311.730.231.063.375.0105.2

Operating profit for October-December in 2013 includes a non-recurring cost of EUR 1.2 million related to restructuring measures. Of the non-recurring cost, EUR 0.5 million was booked in Housing segment (Finland, the Baltic countries and Central Eastern Europe), EUR 0.5 million in Business Premises and Infrastructure segment and EUR 0.2 million in other items.

Operating profit margin

%1-3/134-6/137-9/1310-12/131-3/131-6/131-9/131-12/13
Housing12.212.312.910.212.212.312.511.8
 Finland, the Baltic countries and Central Eastern Europe11.910.410.57.611.911.311.010.0
 Russia12.914.615.413.512.913.814.414.1
Business Premises and Infrastructure1.95.64.45.51.93.94.14.4
Group, total (POC)7.98.98.27.97.98.48.38.2
Group, total (IFRS)7.07.43.25.87.07.26.06.0

Operating profit margin excluding non-recurring items

%1-3/134-6/137-9/1310-12/131-3/131-6/131-9/131-12/13
Housing12.212.312.910.312.212.312.511.8
 Finland, the Baltic countries and Central Eastern Europe11.910.410.57.911.911.311.010.1
 Russia12.914.615.413.512.913.814.414.1
Business Premises and Infrastructure1.95.64.45.81.93.94.14.5
Group, total (POC)7.98.98.28.17.98.48.38.3
Group, total (IFRS)7.07.43.26.17.07.26.06.0

Order backlog

EUR million3/136/139/1312/13
Housing1,996.42,092.72,115.72,070.8
 Finland, the Baltic countries and 
Central Eastern Europe
890.71,080.01,053.9970.8
 Russia1,105.71,012.71,061.81,100.0
Business Premises and Infrastructure713.8718.0697.7642.9
Group, total (POC)2,710.22,810.82,813.42,713.7
IFRS adjustment335.7365.2446.1470.9
Group, total (IFRS)3,045.93,176.03,259.53,184.6

Personnel at the end of the period

3/136/139/1312/13
Housing4,1744,2153,8723,818
 Finland, the Baltic countries and 
Central Eastern Europe
1,9662,0631,8641,832
 Russia2,2082,1522,0081,986
Business Premises and Infrastructure2,1802,3812,1642,037
Group services335308348317
Group, total6,6896,9046,3846,172

Assets

EUR million12/13
Housing1,620.3
Business Premises and Infrastructure395.4
Other segments and eliminations61.1
Unallocated items134.6
Group, total (POC)2,211.3

Liabilities

EUR million12/13
Housing394.5
Business Premises and Infrastructure205.7
Other segments and eliminations15.4
Unallocated items820.9
Group, total (POC)1,436.4

Segments’ operative invested capital1

EUR million12/13
Housing1,225.8
 Finland, the Baltic countries and 
Central Eastern Europe
651.8
 Russia574.0
Business Premises and Infrastructure189.8

Segments’ return on operative invested capital1


%
1-12/13
Housing11.2
 Finland, the Baltic countries and 
Central Eastern Europe
10.3
 Russia12.3
Business Premises and Infrastructure20.6

1 Only operational items are taken into account in calculating the segments’ invested capital.

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, +358 50 390 6750, sanna.kaje@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations        


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