4 Operating segments

Lemminkäinen changed its reporting structure on 1 January 2015. The reportable business segments are; Paving; Infra projects; Building construction, Finland; and Russian operations. Income statement items in segment reporting comply with the consolidated financial statement’s accounting policy. Operating capital is reported as segments' assets.

Paving

The Paving segment includes the Group’s paving and mineral aggregates business in Finland, Scandinavia and the Baltic countries and earthworks in Finland and the Baltic countries.

Infra projects

The Infra projects segment includes the rock engineering, foundation engineering and civil engineering businesses in Finland, Scandinavia and the Baltic countries.

Building construction, Finland

Building construction covers residential construction, commercial construction, industrial construction, renovation, property development and public-private partnership services. The company has both development and contracted projects.

Russian operations

In Russia, Lemminkäinen operates in the paving business as well as the building construction business in both development and contracted projects in St Petersburg and Moscow regions. The latest residential development project of the Russian operations was completed at the end of 2015. The company has decided to refrain from starting new residential development for the time being.

Other operations

The Group's parent company as well as other operations and assets unallocated to the segments are reported as part of the other operations.

Unallocated items

Unallocated items include accrued personnel expenses and interest, accruals related to derivatives as well as accrued direct and indirect taxes which are not allocated to the segments' operating capital.

Operating segments

1 Jan–31 Dec 2015
EUR million
Paving Infra projects Building construction, Finland Russian operations Other operations Eliminations Group total, IFRS
Net sales 874.5 263.1 537.8 136.7 106.1 -39.2 1,879.0
Depreciation and impairment 25.5 5.1 0.2 1.5 6.0
38.4
Operating profit 16.9 11.8 12.9 2.9 -7.2
37.3









1 Jan–31 Dec 2014
EUR million
Paving Infra projects Building construction, Finland Russian operations Other operations Eliminations Group total, IFRS
Net sales 907.5 286.0 539.0 196.1 179.2 -63.3 2,044.5
Depreciation and impairment 30.0 6.3 0.3 1.9 6.1
44.4
Operating profit 32.2 7.2 9.3 19.7 -32.2
36.3









EUR million 31.12.2015 31.12.2014
Operating capital by operating segment






Paving 231.2 262.1

Infra projects 1.2 -0.9

Building construction, Finland 274.8 303.7

Russian operations 35.0 68.4

Segments, total 542.2 633.3

Other operations 8.6 35.5

Items unallocated to segments -76.0 -78.5
Group total, IFRS 474.8 590.4