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Year-end Report 2013

Report 2/12/2014 8:00 AM

STABLE END TO THE YEAR – STRONG CASH FLOW

● According to segment reporting revenue decreased to SEK 12,652m (13,134) but operating profit increased to SEK 1,576m (1,398). The operating margin increased to 12.5 percent (10.6)

● Restated in accordance with IFRIC 15, revenue amounted to SEK 12,603m (12,480) and operating profit increased to SEK 1,523m (1,374)

● Profit before tax increased to SEK 1,464m (1,318). Profit after tax increased to SEK 1,104m (961)

● Return on equity for the past twelve months increased to 25.0 percent (21.9). Earnings per share during the year increased to SEK 14.10 (11.70)

● Consolidated cash flow including net investment in properties decreased to SEK 898m (979)

● The number of sold residential units increased to 3,265 (2,952) and housing starts decreased to 2,953 (3,163). Limited number of housing starts in JM International

● Surplus value of development properties SEK 2.4bn (2.6)

● The Board of Directors proposes a dividend of SEK 7.25 (6.75) for 2013, as well as renewed buyback authorization.