YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: we develop and build functional homes for sustainable living, future-proof public and commercial buildings, and infrastructure for smoother flow of people, businesses and society. We employ 5,500 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.7 billion. YIT Corporation’s shares are listed on Nasdaq Helsinki Oy. www.yitgroup.com
In addition to better living environments we build happy work community where our people feel comfortable and are engaged. We work as a one team respecting each other’s strengths. We celebrate success and learn from mistakes. We focus on getting things done without forgetting that there can be fun at work.
1910
Served areaNorthern Europe
Headcount5,500
HeadquartersPanuntie 11, 620 Helsinki – Finland
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 3,158,000,000.00 | 2,994,000,000.00 | 2,845,000,000.00 |
Noncurrent Assets | N/A | 764,000,000.00 | 779,000,000.00 | 778,000,000.00 |
Property Plant And Equipment | N/A | 68,000,000.00 | 53,000,000.00 | 37,000,000.00 |
Goodwill | N/A | 249,000,000.00 | 249,000,000.00 | 249,000,000.00 |
Other Intangible Assets | N/A | 10,000,000.00 | 7,000,000.00 | 4,000,000.00 |
Investment Accounted For Using Equity Method | N/A | 80,000,000.00 | 92,000,000.00 | 72,000,000.00 |
Noncurrent Receivables | N/A | N/A | 36,000,000.00 | 43,000,000.00 |
Deferred Tax Assets | N/A | 35,000,000.00 | 31,000,000.00 | 30,000,000.00 |
Other Noncurrent Financial Assets | N/A | 49,000,000.00 | 46,000,000.00 | 56,000,000.00 |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method | N/A | 180,000,000.00 | 186,000,000.00 | 218,000,000.00 |
Current Assets | N/A | 2,394,000,000.00 | 2,215,000,000.00 | 2,068,000,000.00 |
Trade And Other Current Receivables | N/A | N/A | 350,000,000.00 | 273,000,000.00 |
Current Tax Assets Current | N/A | 2,000,000.00 | 5,000,000.00 | 3,000,000.00 |
Cash and cash equivalents | 132,000,000.00 | 419,000,000.00 | 389,000,000.00 | 206,000,000.00 |
Equity And Liabilities | N/A | 3,158,000,000.00 | 2,994,000,000.00 | 2,845,000,000.00 |
Equity | 1,061,000,000.00 | 920,000,000.00 | 1,017,000,000.00 | 883,000,000.00 |
Issued Capital | N/A | 150,000,000.00 | 150,000,000.00 | 150,000,000.00 |
Retained Earnings | N/A | 527,000,000.00 | 501,000,000.00 | 84,000,000.00 |
Treasury Shares | N/A | 10,000,000.00 | 10,000,000.00 | 8,000,000.00 |
Other Reserves | N/A | 1,000,000.00 | 1,000,000.00 | 0.00 |
Equity Attributable To Owners Of Parent | N/A | 918,000,000.00 | 915,000,000.00 | 783,000,000.00 |
Noncontrolling Interests | N/A | 2,000,000.00 | 3,000,000.00 | N/A |
Liabilities | N/A | 2,238,000,000.00 | 1,977,000,000.00 | 1,962,000,000.00 |
Noncurrent Liabilities | N/A | 577,000,000.00 | 705,000,000.00 | 585,000,000.00 |
Noncurrent Provisions | N/A | 78,000,000.00 | 86,000,000.00 | 88,000,000.00 |
Noncurrent Payables | N/A | N/A | 27,000,000.00 | 29,000,000.00 |
Noncurrent Contract Liabilities | N/A | N/A | 11,000,000.00 | 1,000,000.00 |
Deferred Tax Liabilities | N/A | 10,000,000.00 | 19,000,000.00 | 9,000,000.00 |
Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 2,000,000.00 | 3,000,000.00 | 3,000,000.00 |
Longterm Borrowings | N/A | 286,000,000.00 | 398,000,000.00 | 288,000,000.00 |
Current Liabilities | N/A | 1,661,000,000.00 | 1,272,000,000.00 | 1,377,000,000.00 |
Current Provisions | N/A | 37,000,000.00 | 46,000,000.00 | 51,000,000.00 |
Trade And Other Current Payables | N/A | 566,000,000.00 | 615,000,000.00 | 576,000,000.00 |
Current Contract Liabilities | N/A | 240,000,000.00 | 293,000,000.00 | 276,000,000.00 |
Current Tax Liabilities Current | N/A | 3,000,000.00 | 5,000,000.00 | 16,000,000.00 |
Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 592,000,000.00 | 118,000,000.00 | 336,000,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 3,069,000,000.00 | 2,652,000,000.00 | 2,403,000,000.00 |
Other Income | 30,000,000.00 | 14,000,000.00 | 17,000,000.00 |
Changes In Inventories Of Finished Goods And Work In Progress | 249,000,000.00 | 108,000,000.00 | -174,000,000.00 |
Other Work Performed By Entity And Capitalised | 0.00 | 0.00 | 0.00 |
Raw Materials And Consumables Used | 325,000,000.00 | 536,000,000.00 | 505,000,000.00 |
Services Expense | 1,777,000,000.00 | 1,350,000,000.00 | 1,415,000,000.00 |
Employee Benefits Expense | 372,000,000.00 | 351,000,000.00 | 352,000,000.00 |
Depreciation And Amortisation Expense | 58,000,000.00 | 32,000,000.00 | 33,000,000.00 |
Other Expense By Nature | 291,000,000.00 | 251,000,000.00 | 206,000,000.00 |
Other Gains Losses | -14,000,000.00 | 6,000,000.00 | 9,000,000.00 |
Profit Loss From Operating Activities | 35,000,000.00 | 56,000,000.00 | 102,000,000.00 |
Finance Income | 4,000,000.00 | 2,000,000.00 | 9,000,000.00 |
Finance Costs | 45,000,000.00 | 35,000,000.00 | 28,000,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 23,000,000.00 | 11,000,000.00 | 11,000,000.00 |
Profit Loss Before Tax | -6,000,000.00 | 22,000,000.00 | 74,000,000.00 |
Income Tax Expense Continuing Operations | 3,000,000.00 | 16,000,000.00 | 11,000,000.00 |
Profit Loss From Continuing Operations | -8,000,000.00 | 6,000,000.00 | 63,000,000.00 |
Profit Loss From Discontinued Operations | 35,000,000.00 | -2,000,000.00 | -438,000,000.00 |
Profit (loss) | 27,000,000.00 | 4,000,000.00 | -375,000,000.00 |
Profit Loss Attributable To Owners Of Parent | 26,000,000.00 | 4,000,000.00 | -375,000,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 0.00 | 1,000,000.00 | 0.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 27,000,000.00 | 4,000,000.00 | -375,000,000.00 |
Adjustments For Reconcile Profit Loss | N/A | 56,000,000.00 | 117,000,000.00 | 503,000,000.00 |
Adjustments For Income Tax Expense | N/A | -1,000,000.00 | 28,000,000.00 | 19,000,000.00 |
Adjustments For Decrease Increase In Inventories | N/A | 251,000,000.00 | 104,000,000.00 | -257,000,000.00 |
Adjustments For Increase Decrease In Other Operating Payables | N/A | -326,000,000.00 | 24,000,000.00 | -50,000,000.00 |
Adjustments For Depreciation And Amortisation Expense | N/A | 58,000,000.00 | 34,000,000.00 | 34,000,000.00 |
Other Adjustments For Noncash Items | N/A | 14,000,000.00 | 23,000,000.00 | 175,000,000.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -57,000,000.00 | 2,000,000.00 | 228,000,000.00 |
Adjustments For Reconcile Profit Loss | N/A | 56,000,000.00 | 117,000,000.00 | 503,000,000.00 |
Dividends Received Classified As Operating Activities | N/A | 0.00 | 0.00 | 0.00 |
Interest Paid Classified As Operating Activities | N/A | 48,000,000.00 | 32,000,000.00 | 36,000,000.00 |
Interest Received Classified As Operating Activities | N/A | 4,000,000.00 | 4,000,000.00 | 3,000,000.00 |
Income Taxes Paid Refund Classified As Operating Activities | N/A | -15,000,000.00 | 14,000,000.00 | 16,000,000.00 |
Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -7,000,000.00 | -1,000,000.00 | -32,000,000.00 |
Cash Flows From Used In Operating Activities | N/A | 54,000,000.00 | 275,000,000.00 | -279,000,000.00 |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 8,000,000.00 | -14,000,000.00 |
Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 0.00 | 0.00 | 0.00 |
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | N/A | 0.00 | 0.00 |
Other Cash Receipts From Sales Of Interests In Joint Ventures Classified As Investing Activities | N/A | N/A | 22,000,000.00 | 29,000,000.00 |
Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | N/A | N/A | 29,000,000.00 | 26,000,000.00 |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | N/A | 15,000,000.00 | 3,000,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 13,000,000.00 | 8,000,000.00 | 5,000,000.00 |
Proceeds From Sales Of Intangible Assets Classified As Investing Activities | N/A | N/A | 0.00 | 0.00 |
Purchase Of Intangible Assets Classified As Investing Activities | N/A | 0.00 | 1,000,000.00 | 0.00 |
Dividends Received Classified As Investing Activities | N/A | N/A | 7,000,000.00 | 16,000,000.00 |
Cash Flows From Used In Investing Activities | N/A | 282,000,000.00 | 14,000,000.00 | -2,000,000.00 |
Payments From Changes In Ownership Interests In Subsidiaries | N/A | N/A | 1,000,000.00 | 4,000,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 35,000,000.00 | 31,000,000.00 | 21,000,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 84,000,000.00 | 30,000,000.00 | 34,000,000.00 |
Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -10,000,000.00 | 5,000,000.00 | -3,000,000.00 |
Cash Flows From Used In Financing Activities | N/A | -35,000,000.00 | -316,000,000.00 | 96,000,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | N/A | -29,000,000.00 | -185,000,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -14,000,000.00 | -1,000,000.00 | 2,000,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 301,000,000.00 | -29,000,000.00 | N/A |
Cash and cash equivalents | 132,000,000.00 | 419,000,000.00 | 389,000,000.00 | 206,000,000.00 |
Please note that some sums might not add up.
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LEI529900M13GM4VSTE6W80
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