Company In Brief Company Presentation Actions 2003 Product Areas In Brief Organisation Group Structure Product Areas Staff Functions Board of Directors Executive Management Group Management Group Letter to Shareholders Strategy Mission, Vision and Values Strategic Goals Policies Fibre Strategy Actions in 2003 Divestments Fibre Management Profit Enhancement Quality Improvement R&D Organisation Account Management Customer Relationships Customers' view Paper Publication Paper Outlook Fine Paper Asia and South America Outlook Customer Focus Continuous Improvement Resource Utilisation Case: Langerbrugge Location Knowledge-sharing In Figures Packaging Boards Value Chain Innovation Growth Areas Packaging Boards Outlook Case: InnoCentre Location Services Markets Forest Products Wood Products Outlook Wood Supply Europe Synergies Added Value Case: Further Processing Product Range Online Processing WoodHeart® HR Strategy in Action Leadership Regeneration Objectives in 2004 Share Information for Shareholders AGM and Dividend Financial Information ADR Information Trading Codes and Symbols Key Figures Paper Publication Paper Fine Paper Packaging Boards Forest Products HR
In Brief Company Presentation Actions 2003 Product Areas In Brief
Company Presentation
Actions 2003
Product Areas In Brief
Organisation Group Structure Product Areas Staff Functions Board of Directors Executive Management Group Management Group
Group Structure Product Areas Staff Functions
Board of Directors
Executive Management Group
Management Group
Letter to Shareholders
Strategy Mission, Vision and Values Strategic Goals Policies Fibre Strategy Actions in 2003 Divestments Fibre Management Profit Enhancement Quality Improvement R&D Organisation Account Management Customer Relationships Customers' view
Mission, Vision and Values
Strategic Goals
Policies
Fibre Strategy
Actions in 2003 Divestments Fibre Management Profit Enhancement Quality Improvement R&D Organisation
Account Management Customer Relationships Customers' view
Paper Publication Paper Outlook Fine Paper Asia and South America Outlook Customer Focus Continuous Improvement Resource Utilisation Case: Langerbrugge Location Knowledge-sharing In Figures
Publication Paper Outlook
Fine Paper Asia and South America Outlook
Customer Focus
Continuous Improvement
Resource Utilisation
Case: Langerbrugge Location Knowledge-sharing In Figures
Packaging Boards Value Chain Innovation Growth Areas Packaging Boards Outlook Case: InnoCentre Location Services Markets
Value Chain
Innovation
Growth Areas
Packaging Boards Outlook
Case: InnoCentre Location Services Markets
Forest Products Wood Products Outlook Wood Supply Europe Synergies Added Value Case: Further Processing Product Range Online Processing WoodHeart®
Wood Products Outlook
Wood Supply Europe
Synergies
Added Value
Case: Further Processing Product Range Online Processing WoodHeart®
HR Strategy in Action Leadership Regeneration Objectives in 2004
Strategy in Action
Leadership
Regeneration
Objectives in 2004
Share Information for Shareholders AGM and Dividend Financial Information ADR Information Trading Codes and Symbols
Information for Shareholders AGM and Dividend Financial Information ADR Information Trading Codes and Symbols
Key Figures Paper Publication Paper Fine Paper Packaging Boards Forest Products HR
Paper Publication Paper Fine Paper
Packaging Boards
Forest Products
HR
Financials Operations Return Target Market Sales and Deliveries Financial Results By Segment Profitability Non-Recurring Items Financing and Capital Expenditure Biological Assets Changes in Associates Risk Analysis Supply and Demand Risk Investment Risk External Structural and Legal Risk Risk Management Operational Risk Commodity and Energy Price Risk Currency Risk Funding and Financing Costs Interest Rate Risk Financial Credit Risk Customer Credit Risk Supplier Risk Quarterly Figures By Segment 2001-2003 Condensed Balance Sheet Key Figures 1997-2003 Board Report Auditors' Report Financial Statements Consolidated Financial Statements Parent Company Financial Statements Share Share Capital Share Listings and Registers Changes in Share Capital Option Programmes Shareholders Share Price Performance and Volumes Helsinki Stockholm New York Indices Key Share Ratios Governance Governance Bodies Composition of Governance Bodies Committees Other Supervisory Bodies and Norms Working Order of the Board of Directors Corporate Governance in 2003 Note 1 Accounting Principles Note 2 Financial Risk Management Note 3 Segment Information Note 4 Acquisitions and Disposals Note 5 Other Operating Income & Expense Note 6 Staff Costs Note 7 Net Financial Items Note 8 Income Taxes Note 9 Valuation Provisions Note 10 Depreciation, Amortisation and Fixed Asset Impairment Charges Note 11 Fixed Assets Note 12 Biological Assets Note 13 Associated Companies Note 14 Available-for-Sale Investments Note 15 Other Non-Current Assets Note 16 Inventories Note 17 Receivables Note 18 Shareholders' Equity Note 19 Post-employment Benefits Note 20 Borrowings Note 21 Other Provisions and Other Current Liabilities Note 22 Financial Instruments Note 23 Commitments and Contingencies Note 24 Earnings per Share Note 25 Principal Subsidiaries as at 31 December 2003 Note 26 Employee and Equity Compensation Benefits Note 1 Accounting Principles Note 2 Other Operating Income Note 3 Materials and Services Note 4 Personnel Expenses Note 5 Other Operating Expenses Note 6 Net Financial Items Note 7 Depreciation According to Plan Note 8 Extraordinary Items Note 9 Fixed Assets Note 10 Depreciation Reserve Note 11 Receivables from Management Note 12 Long-term Investments and Loan Receivables Note 13 Inventories Note 14 Short-term Receivables Note 15 Interest-bearing Receivables Note 16 Shareholders' Equity Note 17 Long-term Liabilities Note 18 Short-term Borrowings Note 19 Other Current Liabilities Note 20 Commitments and Contingent Liabilities Note 21 Fair Value of Open Financial Instruments Notes Notes reversed
Operations Return Target Market Sales and Deliveries Financial Results By Segment Profitability Non-Recurring Items Financing and Capital Expenditure Biological Assets Changes in Associates Risk Analysis Supply and Demand Risk Investment Risk External Structural and Legal Risk Risk Management Operational Risk Commodity and Energy Price Risk Currency Risk Funding and Financing Costs Interest Rate Risk Financial Credit Risk Customer Credit Risk Supplier Risk
Return Target
Market
Sales and Deliveries
Financial Results By Segment Profitability
Non-Recurring Items
Financing and Capital Expenditure
Biological Assets
Changes in Associates
Risk Analysis Supply and Demand Risk Investment Risk External Structural and Legal Risk
Risk Management Operational Risk Commodity and Energy Price Risk Currency Risk
Funding and Financing Costs Interest Rate Risk Financial Credit Risk Customer Credit Risk Supplier Risk
Quarterly Figures By Segment 2001-2003 Condensed Balance Sheet Key Figures 1997-2003
By Segment 2001-2003
Condensed Balance Sheet
Key Figures 1997-2003
Board Report
Auditors' Report
Financial Statements Consolidated Financial Statements Parent Company Financial Statements
Consolidated Financial Statements
Parent Company Financial Statements
Share Share Capital Share Listings and Registers Changes in Share Capital Option Programmes Shareholders Share Price Performance and Volumes Helsinki Stockholm New York Indices Key Share Ratios
Share Capital
Share Listings and Registers
Changes in Share Capital
Option Programmes
Shareholders
Share Price Performance and Volumes Helsinki Stockholm New York
Indices
Key Share Ratios
Governance Governance Bodies Composition of Governance Bodies Committees Other Supervisory Bodies and Norms Working Order of the Board of Directors Corporate Governance in 2003
Governance Bodies
Composition of Governance Bodies
Committees
Other Supervisory Bodies and Norms
Working Order of the Board of Directors
Corporate Governance in 2003
Note 1 Accounting Principles Note 2 Financial Risk Management Note 3 Segment Information Note 4 Acquisitions and Disposals Note 5 Other Operating Income & Expense Note 6 Staff Costs Note 7 Net Financial Items Note 8 Income Taxes Note 9 Valuation Provisions Note 10 Depreciation, Amortisation and Fixed Asset Impairment Charges Note 11 Fixed Assets Note 12 Biological Assets Note 13 Associated Companies Note 14 Available-for-Sale Investments Note 15 Other Non-Current Assets Note 16 Inventories Note 17 Receivables Note 18 Shareholders' Equity Note 19 Post-employment Benefits Note 20 Borrowings Note 21 Other Provisions and Other Current Liabilities Note 22 Financial Instruments Note 23 Commitments and Contingencies Note 24 Earnings per Share Note 25 Principal Subsidiaries as at 31 December 2003 Note 26 Employee and Equity Compensation Benefits Note 1 Accounting Principles Note 2 Other Operating Income Note 3 Materials and Services Note 4 Personnel Expenses Note 5 Other Operating Expenses Note 6 Net Financial Items Note 7 Depreciation According to Plan Note 8 Extraordinary Items Note 9 Fixed Assets Note 10 Depreciation Reserve Note 11 Receivables from Management Note 12 Long-term Investments and Loan Receivables Note 13 Inventories Note 14 Short-term Receivables Note 15 Interest-bearing Receivables Note 16 Shareholders' Equity Note 17 Long-term Liabilities Note 18 Short-term Borrowings Note 19 Other Current Liabilities Note 20 Commitments and Contingent Liabilities Note 21 Fair Value of Open Financial Instruments Notes Notes reversed
Sustainability Introduction Welcome from Deputy CEO Profile Report Scope Report Profile Governance Sustainability Committee Responsibilities Implementation Value Chain Suppliers Mills Employees Investors Society Market Place Policy & Principles Policy CSR Principles Environment Product Design Wood in Construction New Technologies Packaging Product Safety Eco-efficiency Hazardous Waste Chemicals Sludge Landfill Gas Management & Investments Map Investments and Costs Permits Wood Procurement Forest Certification Celbi Certification Systems Traceability Case Sweden Management Systems Wood Flows New Organisation Plantations EU Plant Directive FAQ Fibre Recovered Fibre Map Recovered Fibre Impacts Promoting Recycling Pulp Energy Electricity Procurement Energy Efficiency Saving Energy Achievements Milestones Fuel consumption Bio-energy Highlights Green Electricity District Heating Water Key Figures Highlights Transport Base Port More Rail Corporate Social Responsibility Objectives Targets Tools Unit Implementation Pilot Projects CSR Aspects Shop Business Practice Anti-fraud Policy Workforce Reductions Redundancies Diversity Equal Opportunities Community Involvement School Cooperation Highlights Health and Safety New Challenges Best Practices Organisation Performance Socio-economic Impacts Key Figures Performance GRI Compliance UN Global Compact Ranking SRI Mill Environmental Data Mill Environmental Data 2002 Environmental Performance Material Flows Emissions & Landfill Trends Non-compliances CSR Indicators
Introduction Welcome from Deputy CEO Profile Report Scope Report Profile Governance Sustainability Committee Responsibilities Implementation Value Chain Suppliers Mills Employees Investors Society Market Place Policy & Principles Policy CSR Principles
Welcome from Deputy CEO
Profile Report Scope Report Profile
Governance Sustainability Committee Responsibilities Implementation
Value Chain Suppliers Mills Employees Investors Society Market Place
Policy & Principles Policy CSR Principles
Environment Product Design Wood in Construction New Technologies Packaging Product Safety Eco-efficiency Hazardous Waste Chemicals Sludge Landfill Gas Management & Investments Map Investments and Costs Permits Wood Procurement Forest Certification Celbi Certification Systems Traceability Case Sweden Management Systems Wood Flows New Organisation Plantations EU Plant Directive FAQ Fibre Recovered Fibre Map Recovered Fibre Impacts Promoting Recycling Pulp Energy Electricity Procurement Energy Efficiency Saving Energy Achievements Milestones Fuel consumption Bio-energy Highlights Green Electricity District Heating Water Key Figures Highlights Transport Base Port More Rail
Product Design Wood in Construction New Technologies Packaging Product Safety
Wood in Construction New Technologies
Packaging
Product Safety
Eco-efficiency Hazardous Waste Chemicals Sludge Landfill Gas
Management & Investments Map Investments and Costs Permits
Wood Procurement Forest Certification Celbi Certification Systems Traceability Case Sweden Management Systems Wood Flows New Organisation Plantations EU Plant Directive FAQ
Forest Certification Celbi Certification Systems
Traceability Case Sweden
Management Systems
Wood Flows
New Organisation
Plantations
EU Plant Directive
FAQ
Fibre Recovered Fibre Map Recovered Fibre Impacts Promoting Recycling Pulp
Energy Electricity Procurement Energy Efficiency Saving Energy Achievements Milestones Fuel consumption Bio-energy Highlights Green Electricity District Heating
Energy Efficiency Saving Energy Achievements Milestones
Fuel consumption
Bio-energy Highlights
Green Electricity
District Heating
Water Key Figures Highlights
Transport Base Port More Rail
Corporate Social Responsibility Objectives Targets Tools Unit Implementation Pilot Projects CSR Aspects Shop Business Practice Anti-fraud Policy Workforce Reductions Redundancies Diversity Equal Opportunities Community Involvement School Cooperation Highlights Health and Safety New Challenges Best Practices Organisation Performance Socio-economic Impacts Key Figures
Objectives Targets Tools
Unit Implementation Pilot Projects CSR Aspects Shop
Pilot Projects CSR Aspects
Shop
Business Practice Anti-fraud Policy
Workforce Reductions Redundancies
Diversity Equal Opportunities
Community Involvement School Cooperation Highlights
Health and Safety New Challenges Best Practices Organisation Performance
Socio-economic Impacts Key Figures
Performance GRI Compliance UN Global Compact Ranking SRI Mill Environmental Data Mill Environmental Data 2002 Environmental Performance Material Flows Emissions & Landfill Trends Non-compliances CSR Indicators
GRI Compliance
UN Global Compact
Ranking SRI
Mill Environmental Data Mill Environmental Data 2002
Environmental Performance Material Flows Emissions & Landfill Trends Non-compliances
CSR Indicators
Mill map Organisation chart Capacity Visuals Help Web only information About web reports 2003