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Financial Notes
Parent Company Financial Statements

Note 20 - Commitments and Contingent Liabilities
 
  As at 31 December
EUR million 2000 2001
   
On own behalf    
Pledges given 9.2 9.2
Mortgages 335.3 312.6
On behalf of Group companies    
Guarantees 2 014.9 1 810.1
On behalf of associated companies    
Guarantees 13.1 56.4
On behalf of others    
Guarantees 88.4 79.0
Other commitments, own    
Leasing commitments, next 12 month 3.1 3.2
Leasing commitments, after next 12 month 18.2 15.6
Other commitments - 2.3
Total 2 482.2 2 288.4
     
Pledges given 9.2 9.2
Mortgages 335.3 312.6
Guarantees 2 116.4 1 945.5
Leasing commitments 21.3 18.8
Other commitments - 2.3
Total 2 482.2 2 288.4

Stora Enso Oyj has guaranteed leasing agreements relating to Stora Enso Barcelona SA. to a maximum EUR 31.7 million at 31 December 2001; the commitment lasts to 23 December 2003.