Finnforest Corporation Final Accounts 2004

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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 

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