UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs
UPM-Kymmene Corporation Other information disclosed according to the rules of the Exchange 10 December 2018 at 13:30 EET UPM increases the fair value of its forest assets in Finland and changes the accounting policy of forest renewal costs Higher forest growth increases the fair value of forests UPM increases the IFRS fair value of its forest assets in Finland, mainly due to higher forest growth estimates. In addition, the company adjusts its long-term wood price estimates slightly. The impact of these changes on the fair value of forest assets is approximately EUR 320