Financial Notes
Comparative figures in tables are given for the previous year in respect of Balance Sheet items and the previous two years for Income Statement items; comparatives in text are given in brackets for the previous year unless otherwise stated. Comparable figures for foreign currency transactions are also given in brackets where appropriate

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Notes to the Consolidated Financial Statements
Notes to the Parent Company Financial Statements

Notes to the Consolidated Financial Statements
Note 24. - Earnings per Share
Note 23. - Employee and Equity Compensation Benefits
Note 22. - Principal Stora Enso Subsidiaries
                  as at 31 December 2001

Note 21. - Commitments and Contingencies
Note 20. - Financial Instruments
Note 19. - Other Current Liabilities and Other Provisions
Note 18. - Borrowings
Note 17. - Post-employment Benefits
Note 16. - Shareholders' Equity
Note 15. - Receivables
Note 14. - Inventories
Note 13. - Other Non-Current Assets
Note 12. - Available-for-Sale Investments
Note 11. - Associated Companies
Note 10. - Fixed Assets and Long-term Investments
Note 9. - Depreciation, Amortisation and Impairment Charges
Note 8. - Income Taxes
Note 7. - Net Financial Items
Note 6. - Staff Costs
Note 5. - Other Operating Income
Note 4. - Major Acquisitions and Disposals
Note 3. - Discontinued Operations
Note 2. - Segment Information
Note 1. - Accounting Principles

Notes to the Parent Company Financial Statements

Note 21 - Fair Value of Open Financial Instruments
Note 20 - Commitments and Contingent Liabilities
Note 19 - Other Current Liabilities
Note 18 - Short-term Borrowings
Note 17 - Long-term Liabilities
Note 16 - Shareholders' Equity
Note 15 - Interest-Bearing Receivables
Note 14 - Short-term Receivables
Note 13 - Inventories
Note 12 - Receivables from Management
Note 11 - Long-term Investments and Loan Receivables
Note 10 - Depreciation Reserve
Note 9 - Fixed Assets
Note 8 - Depreciation According to Plan
Note 7 - Extraordinary Items
Note 6 - Net Financial Items
Note 5 - Other Operating Expenses
Note 4 - Personnel Expenses
Note 3 - Materials and Services
Note 2 - Other Operating Income
Note 1 - Accounting Principles