14 Discontinued operations


At the end of 2015 the company did not have any discontinued operations or assets classified as held-for-sale.


Lemminkäinen announced on 14 May 2014 that it has divested its Technical building services business by selling the entire share capital of Lemminkäinen Talotekniikka Oy. The transaction was completed on 13 June 2014 and the total purchase price was EUR 55.4 million. The company recorded a pre-tax gain on sale of EUR 23.6 million to the second quarter of 2014. The company classified Lemminkäinen Talotekniikka Oy as discontinued operation at the time of sale.

EUR million 1 Jan–31 Dec 2014
Profit from the discontinued operations
Income 77.4
Expenses 77.8
Profit before taxes -0.4
Taxes 0.1
Profit for the financial period -0.4

Pre-tax gain on sale of the business 23.6
Taxes -0.1
Gain on sale after taxes 23.5

Profit for the period from discontinued operations 23.1

EUR million 2014
Cash flows from discontinued operations
Cash flow from operating activities -3.9
Cash flow from investing activities -0.1
Cash flow from financing activities 4.3
Cash flows total 0.4

Milj. euroa 2014
The impact of the sale on Group's financial position
Cash consideration received 55.4
Transferred assets and liabilities -29.1
Other related items -2.6
Gain on sale 23.6