Finnforest Corporation Final Accounts 2004
04/02/2005
FINANCIAL STATEMENTS FOR THE FINNFOREST CORPORATION 2004 (unaudited)
Profit before extraordinary items €3.5 million
• Turnover totalled €467.7 million (435.3) in October-December and the
operating profit was €18.0 (-9.5) and the profit before extraordinary items was
€9.8 (-18.0) in that period.
• The turnover for the full year was €1,924.3 million (1,791.1)
• Operating profit €37.5 million (8.6)
• Profit before extraordinary items €3.5 million (-25.1)
• Profit for financial period €3.2 million (-10.2)
• Return on capital employed 4.0% (1.3)
• Equity ratio 39.7% (39.3) and net gearing 99% (106)
• Equity ratio 30.0% (29.2) and net gearing 163% (178), when capital loans are
included in interest-bearing debt