Group annual report 2016 Business name Nordecon AS Registry number 10099962 Address Pärnu mnt 158/1, 11317 Tallinn, Estonia Domicile Republic of Estonia Telephone +372 615 4400 E-mail
[email protected] Corporate website www.nordecon.com Core business lines Construction of residential and non-residential buildings (EMTAK 4120) Construction of roads and motorways (EMTAK 4211) Road maintenance (EMTAK 4211) Construction of utility projects for fluids (EMTAK 4221) Construction of water projects (EMTAK 4291) Construction of other civil engineering projects (EMTAK 4299) Financial year 1 January 2016 – 31 December 2016 Council Toomas Luman (chairman of the council), Andri Hõbemägi, Vello Kahro, Sandor Liive, Meelis Milder Board Jaano Vink (chairman of the board), Avo Ambur, Erkki Suurorg Auditor KPMG Baltics OÜ Nordecon – Group annual report 2016 Contents Nordecon Group at a glance .................................................................................................................................. 4 Letter from chairman of the council ...................................................................................................................... 5 Group chief executive’s letter ............................................................................................................................... 6 Directors’ report ................................................................................................................................................... 8 Consolidated financial statements .......................................................................................................................47