DOCSLIB.ORG

Annual Report 2011 Contents

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2011 Contents Annual Report 2011 Contents Reporting of earnings and revenue in the first part of the Annual Report (pages 1–78) complies with the segment reporting method. The statement of financial position and cash flow statement are Mission and vision presented in compliance with IFRSs in all parts of the Annual Report. Skanska’s mission is to develop, Group overview build and maintain the physical 2011 in brief 2 environment for living, traveling Comments by the President and CEO 4 and working. Skanska’s vision is to 6 be a leader in its home markets – Mission, goals and strategy 6 the customer’s first choice – Business model 8 in construction and project Skanska’s role in the community 10 development. Financial targets 14 Risk management 16 Employees 20 Share data 24 Business streams Construction 28 Nordic countries 32 Project: Gårda, Other European countries 36 Gothenburg, Sweden The Americas 40 Residential Development 44 Nordic countries 48 Other European countries 50 Commercial Property Development 52 A leader in sustainable development Nordic countries 56 Skanska must act in ways that Other European countries 60 are sustainable and responsible The United States 62 in the long term toward Infrastructure Development 64 shareholders, customers and Project portfolio 68 employees as well as society at large. Skanska’s aim is to Sustainable Development 72 ensure that all projects will 72 Green Strategic Indicators 74 be profitable and will also be Health and safety 78 implemented in accordance with the five zeros vision: no Financial information loss-making projects, work site accidents, environmental Report of the Directors 81 incidents, ethical breaches or Corporate governance report 88 defects. Consolidated income statement 96 Consolidated statement of comprehensive income 97 Project: Bertschi School, Consolidated statement of financial position 98 Seattle, WA, U.S.A. Consolidated statement of changes in equity 100 Consolidated cash flow statement 101 Parent Company income statement 103 Parent Company balance sheet 104 Parent Company changes in equity 105 Parent Company cash flow statement 106 Notes, table of contents 107 Proposed allocation of earnings 177 Auditors’ Report 178 Senior Executive Team 182 Board of Directors 184 Skanska’s first 125 years Major events during 2011 186 Skanska’s history began in 1887 when Aktiebolaget Definitions and explanations 190 Skånska Cementgjuteriet (Scanian Pre-Cast Concrete Addresses 191 Inc.) was established and began production of concrete products. Skanska has undergone unparalleled growth More information about Skanska 191 and today, 125 years later, it is a global company that Annual Shareholders’ Meeting 192 focuses on construction and on residential, commercial Investors 192 property and infrastructure development. 193 Skanska’s first 125 years 193 This document is in all respects a translation of the Swedish original Annual Report. In the event of any differences between this translation and the Swedish original, Cover photo: The Autopista Central highway in Santiago, Chile, completed in 2004 and sold in 2011. the latter shall prevail. Norden Övriga Europa Amerika Intäkter Intäkter Intäkter • Byggverksamhet, 78% • Byggverksamhet, 98% • Byggverksamhet, 99% • Bostadsutveckling, 13% • Bostadsutveckling, 2% • Bostadsutveckling, 0% • Kommersiell fastighetsutveckling, 9% • Kommersiell fastighetsutveckling, 0% • Kommersiell fastighetsutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 1% Sweden Employees: 18,800 Revenue Revenue Revenue Norway Revenue: SEK 61 bn Construction, 78% Construction, 98% Construction, 99% Nordic 47% Finland • • • Residential Development, 13% Residential Development, 2% Residential Development, 0% of revenue. Estonia Revenue: • • • Denmark Earnings: • Commercial Property Development, 9% • Commercial Property Development, 0% • Commercial Property Development, 0% countries Order backlog: • Infrastructure Development, 0% • Infrastructure Development, 0% • Infrastructure Development, 1% 56 34 Norden Övriga Europa Amerika Intäkter Intäkter Intäkter • Byggverksamhet, 78% • Byggverksamhet, 98% • Byggverksamhet, 99% • Bostadsutveckling, 13% • Bostadsutveckling, 2% • Bostadsutveckling, 0% • Kommersiell fastighetsutveckling, 9% • Kommersiell fastighetsutveckling, 0% • Kommersiell fastighetsutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 1% Revenue The Revenue United States Employees: 17,700 Revenue Argentina Construction, 78% Construction, 98% Revenue: SEK 38 bn Construction, 99% • 29% • Brazil • Residential Development, 13% Residential Development, 2% Residential Development, 0% • Americas of revenue. • Chile Revenue: • • Commercial Property Development, 9% • Commercial Colombia Property Development,Earnings: 0% • Commercial Property Development, 0% • Infrastructure Development, 0% • Infrastructure Peru Development, 0%Order backlog: • Infrastructure Development, 1% Venezuela 41 66 40 Norden Övriga Europa Amerika Intäkter Intäkter Intäkter • Byggverksamhet, 78% • Byggverksamhet, 98% • Byggverksamhet, 99% • Bostadsutveckling, 13% • Bostadsutveckling, 2% • Bostadsutveckling, 0% • Kommersiell fastighetsutveckling, 9% • Kommersiell fastighetsutveckling, 0% • Kommersiell fastighetsutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 0% • Infrastrukturutveckling, 1% Other PolandRevenue Employees: 16,900 Revenue Revenue CzechConstruction, Republic 78% Revenue: SEK 31 bn Construction, 98% Construction, 99% European 24% Slovakia• • • Residential Development, 13% Residential Development, 2% Residential Development, 0% of revenue. Hungary• Revenue: • • Romania• Commercial PropertyEarnings: Development, 9% • Commercial Property Development, 0% • Commercial Property Development, 0% countries United• Infrastructure Kingdom Development,Order backlog: 0% • Infrastructure Development, 0% • Infrastructure Development, 1% 60 38 Skanska’s operations and markets Commercial Residential Property Infrastructure Country/region Construction Development Development Development Nordic countries Norway Sweden Finland Sweden Estonia United Kingdom Norway Finland Denmark Poland Estonia Slovakia Czech R. Denmark Hungary Romania Other European countries United States Poland Czech Republic Slovakia Hungary Romania Latin America United Kingdom The Americas United States Latin America Skanska Group Skanska is one of the world’s leading project development and construction groups, with expertise in construction, development of commercial properties and residential projects as well as public-private partnerships. Skanska possesses extensive global environmental know-how and shall be a leader in development and construction of green projects. The Group currently has 53,000 employees in selected home markets in Europe, the U.S. and Latin America. Skanska’s revenue in 2011 totaled SEK 123 billion. • Byggverksamhet, 89% • Byggverksamhet, 36% • Bost adsutveckling, 7% • Bost adsutveckling, 3% • Kommersiell fastighetsutveckling, 4% • Kommersiell fastighetsutveckling, 12% Infrastrukturutveckling, 0% Infrastrukturutveckling, 49% •2011 Revenue •Operating income Key ratios SEK M EUR M USD M Revenue 122,534 13,571 3 18,872 3 Operating income 9,087 1,006 3 1,400 3 Income after financial items 9,099 1,008 3 1,401 3 Earnings per share, SEK/EUR/USD 1 19.72 2.18 3.04 Return on equity, % 41.5 41.5 41.5 Order bookings 2 123,587 13,688 3 19,034 3 Order backlog 2 155,698 17,461 4 22,591 4 1 Earnings for the period attributable to equity holders divided by the average Construction, 89% Construction, 36% number of shares outstanding. • • 2 Refers to Construction operations. • Residential Development, 7% • Residential Development, 3% 3 Average 2011 exchange rates: EUR 1 = SEK 9.03, USD 1 = SEK 6.49 • Commercial Property Development, 4% • Commercial Property Development, 12% 4 Exchange rates on 2011 closing day: EUR 1 = SEK 8.92, USD 1 = SEK 6.89 • Infrastructure Development, 0% • Infrastructure Development, 49% 2011 in brief First quarter Second quarter Skanska received another assignment as part of the reconstruction Skanska invested in and received a contract to build a project- of the World Trade Center site in New York City. Skanska will be financed wind farm in Gällivare Municipality, Sweden. The total cost responsible for erecting the steel structure for the Oculus building will be about SEK 1.1 billion, and Skanska’s holding is 50 percent. It will at the new World Trade Center Transportation Hub. The contract is be one of the largest land-based wind farms in Sweden, with an annual worth SEK 1.3 billion. electricity production of about 200 gigawatt hours. A sizable order during the quarter was an assignment to extend the subway system in Prague, Czech Republic, which will add four new stations. Skanska’s contract is for the technical part of the extension project and is worth about SEK 1.3 billion. One of the year’s largest assignments in the healthcare sector is an expansion of the Nemours/Alfred I. duPont Hospital for Children in Wilmington, Delaware, U.S.A. for SEK 1.3 billion. Skanska reached financial close for the Croydon and Lewisham street lighting project in the United Kingdom. The construction contract is worth SEK 760 M, and Skanska’s own investment in the project will total SEK 46 M. In California, Skanska was awarded a contract to extend the light rail system in Los Angeles County, worth SEK 2.4 billion. The customer is the Los Angeles County Metropolitan Transportation Authority (METRO). Skanska
Load more

Recommended publications
  • Press Release
    Press release Mars 16, 2020 2:00 pm CET Anders Candell new Senior Vice President IT at Skanska AB Anders Candell is appointed new Senior Vice President IT at Skanska AB as of August 17, 2020. Anders Candell has an extensive experience from international IT organizations and their role in the creation of business value. Anders joins Skanska from his current role as CIO at Telia Company AB. Prior to this, he served as the CIO at Stora Enso and Tele2, and held several different roles at Outokumpu Oyj. He will report to Magnus Persson, Executive Vice President and Chief Financial Officer. “I would like to welcome Anders to Skanska and I am convinced that with his knowledge and experience, he will have a positive impact on our IT operations. Anders’ experience in leading major, complex IT organizations and ability to connect the IT operation to the business suits Skanska very well”, says Magnus. “I'm delighted and eager to start my new position at Skanska, which is a well-managed Swedish company with a reputation as a good employer. Given that the technical development currently driving change in all industries with respect to both product and business processes, I believe that I – with my background in both the processing industry and particularly the telecommunications industry – can help Skanska streamline and improve its operations and its customer lifecycle”, says Anders. For further information, please contact: Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57 Direct line for media, tel +46 (0)10 448 88 99 This and previous releases can also be found at www.skanska.com Skanska is a world leader in construction and project development in select markets throughout the Nordic region, Europe and USA.
    [Show full text]
  • Annual Report 2014 Contents
    Annual Report 2014 Contents Highlighting green certification Group overview Throughout this Annual Report the relevant logos are used to indicate 2014 in brief 2 when projects are, or are in the process of being, certified to a green Comments by the President and CEO 4 certification scheme. Green certification provides voluntary third-party Mission, goals and strategy 6 validation of the environmental design and/or performance of build- Financial targets 8 ings and infrastructure. Skanska has expertise around a number of the Business model 10 schemes most relevant to its home markets. Today over 600 Skanska Risk management 12 employees are accredited by external agencies for their expertise in this area – expertise which is used to execute projects for clients and Sustainable development 16 for Skanska’s own development units. –Environmental agenda 17 –Social agenda 23 Employees 32 Share data 36 Business streams 40 Construction 42 Leadership in Energy BRE Environmental Civil Engineering – Nordics 46 and Environmental Assessment Method, Environmental Quality – Other European countries 50 Design, LEED BREEAM Assessment and Award Scheme, CEEQUAL – North America 54 Residential Development 58 – Nordics 62 – Central Europe 64 Commercial Property Development 66 Strong year for Skanska in London – Nordics 70 – Central Europe 72 – North America 74 Infrastructure Development 76 – Project portfolio 79 30 St Mary Axe Heron Tower (The Gherkin) Financial information Bevis Marks Dashwood Report of the Directors 85 House Corporate governance report 93 Consolidated income statement 103 Consolidated statement of comprehensive income 104 Consolidated statement of financial position 105 Consolidated statement of changes in equity 107 Consolidated cash flow statement 108 Parent Company income statement 110 London is a major construction market for Skanska, and in 2014 the company had Parent Company balance sheet 111 10 office projects in progress covering an overall area of 237,000 sq m with a total Parent Company statement of changes in equity 112 contract value of GBP 684 M.
    [Show full text]
  • Annual Report 2017
    Annual Report 2017 We build for a better society. Skanska Annual Report 2017 C Contents Group overview 2017 in brief 1 Comments by the President and CEO 2 Skanska’s values 6 Business model 7 Business plan 2016 –2020 8 – Financial targets 2016 –2020 9 – Great People 12 – Market Making 13 – Operational Excellence 14 Risk and opportunity management 16 – Main risks 18 Focus areas within sustainability 20 Share data 24 Market overview 26 Business streams Business streams 30 Construction 32 Residential Development 36 Commercial Property Development 40 Top photo: the 121 Seaport and 101 Seaport office developments. Infrastructure Development 44 From left in bottom photo: the 121 Seaport and 101 Seaport office developments, and the Watermark Seaport residential development. Financial information Corporate Governance report 49 Group Leadership Team 56 A bold addition to Boston Board of Directors 58 Report of the Directors 61 121 Seaport Boulevard, Boston, USA Commercial Property Development and Construction – Sustainability report 70 Consolidated income statement 87 It’s a building impossible to miss. In a boxy city, 121 Seaport Consolidated statement of comprehensive income 88 stands out as a 17-story ellipse. Consolidated statement of financial position 89 This bold, curved look was key to attracting the companies Consolidated statement of changes in equity 91 now secured as office tenants. It also enabled a highly efficient Consolidated cash flow statement 92 and flexible design, benefiting both customers and Skanska. Parent Company income statement 94 During design, data analysis showed that an elliptical building Parent Company balance sheet 95 has less direct sun exposure, producing 15 percent energy Parent Company statement of changes in equity 96 savings compared to a similarly sized rectangular building.
    [Show full text]
  • Press Release
    Press release 2018-03-19 08:30 CET Skanska signs contract extension for mixed-use project in Nashville, USA, for USD 163M, aBout SEK 1.3 Billion Skanska and OM-SE has signed an agreement to increase their existing contract to build a mixed use development FiFth + Broadway in Nashville, USA. The contract extension is worth USD 163M, about SEK 1.3 billion, which will be included in the US order bookings For the First quarter 2018. The downtown project FiFth + Broadway, with an expected overall construction cost oF over USD 300M, will replace the Nashville Convention Center. The project will deliver about 23,000 square meter of retail, Food & beverage and entertainment space, including a lease signed with H&M and premises For the National Museum oF AFrican American Music. An about 38,000-square-meter Class-A oFFice tower will be built and over 380 residential units in a new 41,000-square-meter residential tower. The project also includes multiple onsite parking garages and the renovation oF existing conFerence center space. As part oF downtown Nashville’s First mixed-use destination, tenants and residences will have direct access to the shopping and dining, connectivity to an elevated Nashville Food market as well as a rooFtop amenity terrace that Features dramatic views. Construction began in 2017 and is slated For completion in March 2020. Skanska is one oF the leading construction and development companies in the USA, specializing in building construction, civil inFrastructure, public- private partnerships and commercial property developments in select US markets. Skanska USA had sales oF SEK 59 billion in 2017 and has approximately 9,500 employees.
    [Show full text]
  • Boliden Annual Report 2017 Worldreginfo - Bd894b10-00E7-4Cc2-B543-404324Ef8904 Introduction Market Operations Corporate Governance Financial Reports
    METALS FOR LONG-TERM VALUE CREATION 2017 ANNUAL REPORT WorldReginfo - bd894b10-00e7-4cc2-b543-404324ef8904 THE YEAR IN BRIEF The year in brief Contents Highlights Introduction The year in brief B Mines Smelters President’s statement 2 Investments in growth at Aitik and The expansion of Odda was completed Metals in society 4 ongoing success at Garpenberg. The and work continued on the sustainable About Boliden 6 Kevitsa mine has also been fully inte- repository solution at Rönnskär. Continued Strategy 8 grated. Find out more on page 28. focus on increased process stability. Find Target fulfilment 10 out more on page 34. Value creation 12 Market Market trends 14 Income model 16 Market position 18 Competitiveness 19 Price trends 20 Operations 18 % The Group’s performance 24 Boliden’s Mines and Smelters 27 increase in share Business Area Mines 28 price during Business Area Smelters 34 the year. Sustainable development 40 Responsible business 42 Human rights 44 Purchasing 45 Employees 46 Environment 49 Society 53 The Boliden share 54 Risk management 56 Corporate governance Boliden – long-term value creation Corporate Governance Report 60 Boliden produces metals that make modern society work. Operations are characterised The Board of Directors 66 by concern for people, the environment and society, and Boliden is one of the best com- The Group management 68 panies in the world when it comes to sustainable mining and metal production. Boliden Internal Control Report 69 also enjoys a leading position in metal recycling. The combination of in-depth experience and development of best available technology means that its mines and smelters are Financial reports well-positioned to handle global competition.
    [Show full text]
  • Annual and Sustainability Report 2018
    Annual and Sustainability Report 2018 We build for a better society. B Skanska Annual and Sustainability Report 2018 Operations Skanska’s operations consist of Construction and Project Development, including Residential Development, Commercial Property Development and, until 2018, Infrastructure Development. Business units within these streams collaborate in various ways, creating operational and financial synergies that generate increased value. Residential Commercial Property Infrastructure Construction Development Development Development 1 Constructs and renovates build- Develops new residential projects, Develops customer-focused office Secures and manages the value ings, infrastructure and homes, including single and multi-family buildings, shopping centers and of Skanska’s existing public- along with facilities manage- housing, built by the Construction logistics properties built by the private partnership (PPP) assets. ment and other related services. business stream. Construction business stream. 1 As of January 1, 2019, Infrastructure Development is no longer a business stream and is reported in Central on a separate line. Well diversified, Percentage of total revenue in 2018 with a leading market position Skanska’s diversification across various business streams with operations in eleven countries and several market segments strengthens the Group’s 40% SwedenSweden competitive standing and ensures FinlandFinland Norway a balanced and diversified risk profile. USA 38% Denmark United Kingdom Poland Czech Republic SlovakiaSlovakia Hungary 22% Romania Green revenue in 2018 Green market value in 2018 Green financing in 2018 Percentage of total Construction revenue Percentage of Commercial Property Percentage of total central debt 3 that is that is Green and Deep green, as defined Development market value from Green Green, according to the Skanska Green by the Skanska Color Palette™ 2.
    [Show full text]
  • Stämmohandlingar
    Page 1 (11) Date 26 April, 2005 Annual General Meeting, April 26, 2005 Proposed agenda Opening of the Annual General Meeting 1. Election of chairperson of the meeting 2. Election of two persons to check the meeting minutes along with the chairperson 3. Preparation and approval of voting register 4. Adoption of agenda 5. Confirmation that the meeting has been duly and properly convened 6. Presentation of the Annual Report and Auditor’s Report, Consolidated Financial Statements and Group Auditor’s Report for 2004. Speech by President Anders Igel in connection herewith and a description of the Board of Directors work during 2004 7. Resolution to adopt the Income Statement, Balance Sheet, Consolidated Income Statement and Consolidated Balance Sheet for 2004 8. Resolution concerning appropriation of the Company’s profits as per the adopted Balance Sheet, and setting of record date for the stock dividend 9. Resolution concerning discharging of members of the Board of Directors and the President from personal liability for the administration of the Company in 2004 10. Resolution concerning number of board members and deputy board members to be elected by the Annual General Meeting 11. Resolution concerning remuneration to the Board of Directors 12. Election of Board of Directors. The election will be preceded by information from the chairperson concerning positions held in other companies by the candidates 13. Election of chairman and deputy chairman of the Board of Directors 14. The Board of Directors’ proposal to authorize the Board of Directors to decide on repurchase of shares through a public offer 15. The Board of Directors’ proposal to reduce the share premium fond 16.
    [Show full text]
  • Boliden AB (Publ) Guaranteed by Boliden Mineral AB (Publ)
    Base Prospectus 31 March 2021 Boliden AB (publ) Base Prospectus for Swedish medium term note programme guaranteed by Boliden Mineral AB (publ) Arranger Swedbank AB (publ) Dealers Swedbank AB (publ) Danske Bank A/S, Danmark, Sverige Filial DNB Bank ASA, filial Sverige Nordea Bank Abp Skandinaviska Enskilda Banken AB (publ) Aktiebolaget Svensk Exportkredit (publ) This Base Prospectus is valid for twelve months after the date of the approval of the Base Prospectus. The obligation to supplement this Base Prospectus in the event of significant new factors, material mistakes or material inaccuracies does not apply when the Base Prospectus is no longer valid. LEGAL#20340929v5 LEGAL#20340929v5 Important information Words and expressions defined in the general terms and conditions for medium term notes (the “Terms and Conditions”) beginning on page 17, and, as the case may be, in the final terms, the form of which beginning on page 36 (the “Final Terms”) have the same meanings when used in this Base Prospectus, unless expressly stated or the context requires otherwise. In this Base Prospectus, the “Issuer”, the “Company” or “Boliden” means Boliden AB (publ) or, depending on the context, the group in which Boliden AB (publ) presently is a parent company. The “Guarantor” or “Boliden Mineral” means Boliden Mineral AB (publ). The “Group” means the Issuer with all its subsidiaries (including Boliden Mineral) from time to time (each a “Group Company”). The “Arranger” means Swedbank AB (publ). The “CSD” or “Euroclear Sweden” means Euroclear Sweden AB. “SEK” refers to Swedish kronor, “EUR” means the single currency of the participating member states in accordance with the legislation of the European Community relating to Economic and Monetary Union, “USD” means U.S.
    [Show full text]
  • SWEDEN by Jozef Plachy 1
    THE MINERAL INDUSTRY OF SWEDEN By Jozef Plachy 1 Sweden is endowed with significant deposits of iron ore, Sweden's exports, one-third of which was steel. Because certain base metals (copper, lead, and zinc), and several Sweden lacked a zinc smelter, one of the largest mineral industrial minerals (dolomite, feldspar, granite, ilmenite, exports was zinc ore and concentrate, shipped mostly to kaolin, limestone, quartz, and wollastonite). Still, it is best Norway. The country imported duty-free most of the raw known for production of high-quality steel. Sweden relies material needed to operate its copper and lead smelter at heavily on hydrocarbon imports, due to inadequate optimal capacity. indigenous resources; as a result, the country has developed substantial nuclear and hydroelectric generating capacity. Structure of the Mineral Industry Government Policies and Programs The ownership of the two largest mineral companies in Sweden—Boliden AB and Luossavaara-Kiirunavaara AB Sweden liberalized its mineral policy to parallel European (LKAB)—has remained essentially unchanged. Union (EU) standards in response to the acceptance of the Boliden Mineral AB, a subsidiary of the privately owned EU membership by the Swedish electorate in 1994. The new Trelleborg Group, was predominantly a nonferrous mining policy eliminated laws requiring foreign companies to get and processing company. It also traded in concentrates, special permission for prospecting, annulled the state's metals, and other products and provided engineering participation in mining enterprises (so-called "crown expertise, built mineral processing plants, and sold mining shares"), and revoked all taxes and royalties, except for the equipment. Boliden Mineral AB consisted of Swedish Mines normal 27% corporate tax.
    [Show full text]
  • Annual Report 2016 the Year in Brief
    METALS & INNOVATION FOR THE FUTURE ANNUAL REPORT 2016 THE YEAR IN BRIEF The year in brief Contents Important events Introduction The year in brief b About Boliden 2 President’s Statement 4 Strategy 6 Target fulfilment 8 Value creation 10 Market Market trends 12 Market position 14 Competitiveness 15 Price trends 16 Boliden acquired the Finnish copper and Several of the mines are developing nickel mine, Kevitsa, during the year. worldleading automation technology that Income model 20 Kevitsa is a high quality mine with a improves both safety and productivity. Boliden’s operations good operational fit. September, for example, saw the world premiere of driverless trucks, 1,000 m Boliden’s mines and smelters 22 underground. The Group’s performance 25 Business Area Mines 28 Business Area Smelters 34 ) page ) page Sustainable development 40 Employees 41 Environment 44 Society 48 Boliden – metals for modern life Partners and purchasing 50 The Boliden share 52 Risk management 54 Boliden produces metals that make modern society Corporate Governance Corporate Governance Report 58 work. Our operations are characterised by concern The Board of Directors 64 for people, the environment and society, and we The Group management 66 Internal Control Report 67 are one of the best companies in the world when it Financial reports comes to sustainable mining and metal production. The Group 68 Boliden also enjoys a leading position in metal recy- The Parent Company 73 Notes to the accounts 74 cling. The combination of in-depth experience and Proposed allocation of profits 99 Audit report 100 development of best available technology means that Auditor’s Limited Assurance Report our mines and smelters are well-positioned to handle on Boliden AB’s Sustainability Report 104 Mineral Reserves and global competition.
    [Show full text]
  • End-Of-Life Treatment of Radio Base Station Transceivers in Europe, Japan and the USA – a Life Cycle Assessment Study
    End-of-Life treatment of Radio Base Station transceivers in Europe, Japan and the USA – a Life Cycle Assessment study Anna Grunewald Jessica Gustavsson Stockholm 991210 TRITA-KTH-IM 1999:22 Lith-IKP-ING-EX--99/19--SE Preface This study was initiated by Ericsson Radio Systems AB and carried out as a co-operation between Ericsson Radio Systems AB, Linköping Institute of Technology and the Royal Institute of Technology in Stockholm during the summer and autumn of 1999. First of all, we would like to thank our supervisors during the project, Susanne Lundberg at Ericsson Radio Systems AB, Jörgen Furuhjelm at Linköping Institute of Technology and Lennart Nilson at the Royal Institute of Technology for valuable help and guidance throughout the project. We would also like to express our gratitude to Jens Malmodin, Richard Trankell and Elaine Weidman at Ericsson Radio Systems AB and to Fjalar Kommonen at FFK Ltd for all their help. One of the most difficult tasks in this study was to develop probable logistic scenarios for the take-back of discarded transceivers. We would like to take this opportunity to thank amongst others Rickard Slettmyr and Mattias Sundstedt at Ericsson Radio Systems AB and Mikael Hietarinta at Nippon Ericsson for taking time to help us with this. Finally, we would like to thank our contact persons at the involved recycling companies, who have provided valuable information to the study; Kazuo Suzuki at Total Environmental Recycling Management, Mike Ogle and Darrel Stoecklin at United Recycling Industries Inc., Johan Zwart at MIREC B.V., Lennart Edvinsson at Ragn-Sells Elektronikåtervinning AB, Anders Axelsson and Sune Nordström at AB Arv Andersson, Sören Brännström and Theo Lehner at Boliden AB, Lars Cronquist at Gotthard Aluminium AB and Christer Forsgren at SAKAB.
    [Show full text]
  • Sustainability Review 2013
    Sustainability Review 2013 Bridges over the Anacostia River, Washington D.C., U.S. Skanska’s home markets United States Sweden Finland Norway Denmark Poland Latin America Czech United Kingdom Republic Slovakia Hungary Romania Nordic countries 43% of revenue Employees: Around Revenue Commercial 17,000 Construction, 81% Residential Property Infrastructure Home markets Construction Development Development Development Revenue: SEK 61.9 bn Residential Development, 14% Revenue: Commercial Property Development, 5% Sweden Earnings: Infrastructure Development, 0% Norway Order backlog: Finland Denmark Other European countries 19% of revenue Employees: Around Revenue Commercial 16,000 Construction, 93% Residential Property Infrastructure Revenue: SEK 27.3 bn Home markets Construction Development Development Development Residential Development, 3% Poland Revenue: Commercial Property Development, 4% Earnings: Infrastructure Development, 0% Czech Republic Order backlog: Slovakia Hungary Romania United Kingdom The Americas 38% of revenue Employees: Around Revenue Commercial 24,000 Construction, 97% Residential Property Infrastructure Revenue: SEK 53.8 bn Home markets Construction Development Development Development Residential Development, 0% United States Revenue: Commercial Property Development, 3% Earnings: Infrastructure Development, 0% Latin America Order backlog: Skanska’s strengths Positions Employees Financials –Leader in home markets –Shared values –Financial synergies –Diverse operations covering various –Retaining and developing
    [Show full text]