1 Adjustments concerning prior periods

The company has adjusted the cash flow statement of the comparison period. The adjustment specifies the presentation of changes in exchange rates and it affects the cash flows from operating and financing activities.

The items and sum rows which are affected by the changes are shown in the table below.

1 Jan–31 Dec 2014
EUR million
Cash flow before adjustment Adjustments Adjusted cash flow
Other adjustments -37.6 14.8 -22.9
Cash flows before change in working capital 66.0 14.8 80.8

Increase (-)/decrease(+) in trade and other receivables 8.2 4.8 13.0
Increase (+)/decrease(-) in current liabilities -52.5 -1.8 -54.2

Cash flows from operations before financial items and taxes -29.8 17.8 -12.0

Interest paid -23.6 -5.6
Other finance costs paid -35.9 29.0
Other finance income received 34.9 -34.9
Cash flow from operating activities -54.8 6.4 -48.4

Repayments of short-term borrowings -303.6 -6.4 -310.0
Cash flow from financing activities 62.8 -6.4 56.4

Impact of the changes in accounting policy on comparison year's segment reporting figures

Lemminkäinen has changed its accounting policy for segment reporting as of 1 January 2015. According to the changed accounting policy the company reports the operating capital for each segment to the chief operating decision maker. The operating capital reported by the company consists of property, plant and equipment, goodwill, other intangible assets and net working capital. The net working capital includes inventories, current trade and other receivables, provisions, current trade and other payables as well as income tax receivables and liabilities. However, the net working capital allocated to the segments excludes accrued personnel expenses and interest, accruals related to derivatives as well as accrued direct and indirect taxes. These figures are reported separately as items unallocated to segments.