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Financial Notes
Consolidated Financial Statements

Note 5 - Other Operating Income
 
  Year Ended 31 December
EUR million 1999 2000 2001
Gains on sale of fixed assets and other long-term investments 111.7 606.8 48.4
Gain on disposal of discontinued operations : energy 48.2 524.8 -
  63.5 82.0 48.4
Rent 10.1 7.4 9.3
Subsidies 4.3 6.7 5.5
Total 77.9 96.1 63.2
       
Other Operating Expenses include      
Research and Development 84.0 94.5 92.3
Losses on sale of fixed assets and
other long-term investments
14.2 9.3 8.4

In 2001 gains on sale of fixed assets and other long-term investments included a gain of EUR 18.0 million on the sale of the Düsseldorf office building.

In 2000 gains on sale of fixed assets and other long-term investments included a gain of EUR 524.8 million on the sale of non-mill power assets and EUR 24.0 million profit on the sale of the Stockholm office building.

In 1999 gains on sale of fixed assets and other long-term investments included a gain of EUR 48.2 million on the sale of shares in Pohjolan Voima Oy and a profit of EUR 24.5 million on the sale of Tervakoski Oy.