NCC publishes 2015 comparative figures regarding continuing operations and operations being discontinued (Bonava). NCC’s Annual General Meeting on April 12, 2016 resolved to spin off all of the shares of HoldCo Residential 1 AB (publ), (“Bonava” formerly NCC Housing), to the shareholders and to list the company on Nasdaq Stockholm. The intention is that the spinoff and listing will occur during 2016. NCC’s continuing operations comprise the business areas NCC Industry, NCC Building, NCC Infrastructure and NCC Property Development. Bonava (Housing) is recognized as discontinued operations. The tables and figures below are not prepared according to IFRS and have not been audited or examined by the company’s auditors. The comparative figures illustrate the impact on NCC’s income statement, balance sheet and cash flow assuming that Bonava (Housing) had been recognized in 2015 as discontinued operations. NCC will publish its interim report for January-March 2016 on April 29. As of the first quarter of 2016, the income statement will comply with the structure shown below, in which Bonava (Housing) is recognized on a line under profit for the period from discontinued operations. Se table in attached document As of the first quarter of 2016, the assets and liabilities of Bonava (Housing) will be recognized on an accumulated basis on separate lines of the balance sheet. Although comparative figures for 2015 will not be restated, Bonava’s (Housing’s) share of the NCC Group’s balance sheet during 2015 is illustrated below. Se table in attached document As of the first quarter of 2016, the cash flow impact of Bonava (Housing) will be recognized on a separate line of operating activities. Although comparative figures for 2015 will not be restated, Bonava’s (Housing’s) share of the NCC Group’s cash flow during 2015 is illustrated below. Se table in attached document For further information, please contact: Mattias Lundgren, Chief Financial Officer, NCC AB, +46 8 585 517 65, +46 70 228 88 81 Johan Bergman, Investor Relations Manager, NCC AB, +46 8 585 523 53, +46 70 354 80 35 NCC’s press telephone: +46 8 585 519 00, E-mail: press@ncc.se This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on April 20, 2016, at 08:15 a.m. (CET). All of NCC’s press releases are available at www.ncc.se/press. NCC is one of the leading construction and property development companies in the Nordic region. In 2015, NCC reported sales of SEK 62 billion and had 18,000 employees.
NCC – 2015 comparative figures for continuing operations
| Source: NCC AB