Operations in 2002 Quarterly Data and Key Figures Board Report Consolidated Financial Statements Parent Company Financial Statements Financial Notes Auditors’ Report The Share Corporate Governance

	Operations in 2002 Value Creation Market Sales and Deliveries Financial Result Non-recurring Items Financing and Capital Expenditure Risk Analysis Risk Management Funding and Financing Costs		Reports 2002  >  Financials 2002  >  Operations in 2002  >  Non-recurring Items Non-recurring Items Exceptional transactions not related to normal business operations are accounted for as non-recurring items, always being recorded at Group level; segment results for operational reporting expressly exclude these, though the IAS-based segment notes allocate these items to the segments. The items/transactions must meet certain criteria to be accounted for as non-recurring, amongst others they must impact on earnings per share by at least one cent. The most common non-recurring items are capital gains, additional write-downs and restructuring provisions and gains are the 2002 non-recurring items, the main items relating to impairments charges and restructuring.
	Non-recurring Items EUR million Q1/02 Q2/02 Q3/02 Q4/02 2002 Sale of Billerud Shares - 76.7 - - 76.7 Closing of Papyrus UK operations - -25.1 - - -25.1 Closing cost at Summa Mill in Finland - - -8.8 - -8.8 North America Profit Enhancement Plan - - -54.0 1.1 -52.9 North America Goodwill Impairment charges - - -932.5 18.6 -913.9 North America Asset Impairment charges - - -234.2 4.7 -229.5 Sale of Finnish Forest - - - 25.9 25.9 Sale of US Forest - - - 49.5 49.5 Total - 51.6 -1 229.5 99.8 -1 078.1 Tax on above amounts - -17.1 96.6 -24.1 55.4 Tax effect related to depreciation of shares* - - - 298.4 298.4 Total after tax - 34.5 -1 132.9 374.1 -724.3 EPS effect - 0.03 -1.27 0.42 -0.82 *Stora Enso North America, Corp.