lemminkäinen corporation esterinportti 2 00240 helsinki po box 23 00241 telephone 358 9 15 991 fax 140 672 www lemminkainen fi group annual repo r t 2003 le m min käinen report contents year 1 strategy 4 review by the managing director 5 paving and mineral aggregates division 6 building materials 10 lemcon ltd 14 oy alfred a palmberg ab 18 tekmanni 22 safety environment 26 research development 28 personnel 30 board of directors for accounting period st jan 31 dec 32 consolidated income statement 34 balance sheet 35 source application funds 36 parent company 37 38 39 principles 40 notes to financial statements 42 shares holdings 52 economic trends indicators 54 shareholders 56 proposal appropriation retained earnings 59 auditors 60 management 61 corporate governance 62 information 65 contact 66 websites 69