EUR million 2000 2001
Sales, EUR million 13 017.0 13 508.8
Operating profit, EUR million 2 371.3 1 486.9
- excluding non-recurring items, EUR million 1 925.6 1 495.2
- % of sales 14.8 11.1
Profit before tax and minority interests, EUR million 2 099.0 1 223.0
- excluding non-recurring items, EUR million 1 653.3 1 231.3
Profit for the period, EUR million 1 435.0 926.3
Capital expenditure, EUR million 769.3 857.1
Interest-bearing net liabilities, EUR million 5 182.7 4 819.9
Capital employed, EUR million 13 902.9 13 859.1
Return on capital employed (ROCE), % 20.7 10.7
- excluding non-recurring items, % 16.8 10.8
Return on equity (ROE), % 19.5 10.4
Debt/Equity ratio 0.59 0.53
Earnings per share, EUR 1.77 1.03
- excluding non-recurring items, EUR 1.32 0.94
Cash earnings per share, EUR 3.16 2.43
- excluding non-recurring items, EUR 2.61 2.34
Equity per share, EUR 9.41 10.03
Dividend per share, EUR 0.45 0.45*
Payout ratio, % 34 48
Market capitalisation, EUR million, 31 Dec 2001 11 733 13 006
Deliveries of paper and board, 1 000 tonnes 12 971.0 12 858.0
Deliveries of wood products, 1 000 m3 4 880.0 4 860.0
Average number of employees 41 785 44 275

*) proposed dividend

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