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

	Financial Notes		Reports 2002  >  Financials 2002  >  Financial Notes  >  Note 4 - Discontinued Operations Financial Notes All Notes 1.Accounting Principles 2.Financial Risk Management 3.Segment Information 4.Discontinued Operations 5.Acquisitions and Disposals 6.Other Operating Income 7.Staff Costs 8.Net Financial Items 9.Income Taxes 10.Depreciation, Amortisation... 11.Fixed Assets 12.Associated Companies 13.Available-for-Sale Investments 14.Other Non-Current Assets 15.Inventories 16.Receivables 17.Shareholders' Equity 18.Post-employment Benefits 19.Borrowings 20.Other Current Liabilities... 21.Financial Instruments 22.Commitments and Contingencies 23.Principal Subsidiaries... 24.Employee and Equity... 25.Earnings per Share 26.Subsequent Events 1.Accounting Principles 2.Other Operating Income 3.Materials and Services 4.Personnel Expenses 5.Other Operating Expenses 6.Net Financial Items 7.Depreciation According to Plan 8.Extraordinary Items 9.Fixed Assets 10.Depreciation Reserve 11.Receivables from Management 12.Long-term Investments... 13.Inventories 14.Short-term Receivables 15.Interest-Bearing Receivables 16.Shareholders' Equity 17.Long-term Liabilities 18.Short-term Borrowings 19.Other Current Liabilities 20.Commitments and Contingent... 21.Fair Value of Open Financial... Consolidated Financial Statements Note 4 - Discontinued Operations There were no discontinued operations in either 2002 or 2001, though in 2002 a material part of Forest operations, mainly in Finland, was sold (see Note 5). The sale of Stora Enso's non-mill power assets to Fortum Oyj was closed in mid-2000, the deal having a total asset value of EUR 1 889.8 million, profit before tax of EUR 524.8 million and related tax expense of EUR 110.4 million. From 1 January 2001 energy operations are included in 'Other' segment and accordingly prior year information has been restated to include the results of the remaining energy operations, now consisting of the Energy Department of Stora Enso Oyj, together with shares in Gasum Oy and Pohjolan Voima Oy.   All Notes 1.Accounting Principles 2.Financial Risk Management 3.Segment Information 4.Discontinued Operations 5.Acquisitions and Disposals 6.Other Operating Income 7.Staff Costs 8.Net Financial Items 9.Income Taxes 10.Depreciation, Amortisation... 11.Fixed Assets 12.Associated Companies 13.Available-for-Sale Investments 14.Other Non-Current Assets 15.Inventories 16.Receivables 17.Shareholders' Equity 18.Post-employment Benefits 19.Borrowings 20.Other Current Liabilities... 21.Financial Instruments 22.Commitments and Contingencies 23.Principal Subsidiaries... 24.Employee and Equity... 25.Earnings per Share 26.Subsequent Events 1.Accounting Principles 2.Other Operating Income 3.Materials and Services 4.Personnel Expenses 5.Other Operating Expenses 6.Net Financial Items 7.Depreciation According to Plan 8.Extraordinary Items 9.Fixed Assets 10.Depreciation Reserve 11.Receivables from Management 12.Long-term Investments... 13.Inventories 14.Short-term Receivables 15.Interest-Bearing Receivables 16.Shareholders' Equity 17.Long-term Liabilities 18.Short-term Borrowings 19.Other Current Liabilities 20.Commitments and Contingent... 21.Fair Value of Open Financial...