Tamro Web Annual Report 2001 - Notes to the Financial Statements 3
 
Notes to the Financial Statements
 
The Year in Brief
  Letter to the Shareholders
  Shares and Shareholders
  Board of Directors' Report
  Consolidated Income Statement
  Pro forma Income Statement
  Consolidated Balance Sheet
  Consolidated Cash Flow Statement
  Income Statement of Parent Company
  Balance Sheet of Parent Company
  Cash Flow Statement of Parent Company
  Accounting Principles
Notes to the Financial Statements
  Proposal for Profit Distribution
  Auditors' Report
  Financial Indicators 1997-2001
  Calculation of Financial Ratios
  Quarterly Development
  Download Centre
   
 

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NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS
 
Displaying Notes 21, 22, 23, 24, 25, 26, 27, 28, 29 out of total 41 notes
1 Jan - 31 Dec
(Figures are in EUR thousands unless otherwise stated)		 2001 2000
NOTES TO THE PARENT COMPANY INCOME STATEMENT
 
21. NET SALES BY MARKET AREA AND UNIT
     
By market area:    
  Finland 666,539 674,642
  Sweden 6 103
  Baltic countries 2,341 4,849
  Russia 0 0
  668,886 679,594
By unit:    
  Tamro Finland 668,886 679,397
  Others 0 197
  668,886 679,594
 
22. OTHER INCOME
     
  Gain on sale of fixed assets 50,576 390
  Rental and other income 3,255 2,496
  53,831 2,886
 
23. RAW MATERIALS AND SERVICES
     
Raw materials and consumables    
  Purchases during the financial period 636,185 644,492
  Inventories, incr. (-), decr. (+) 6,441 1,051
External services 3,889 4,641
  646,515 650,184
 
24. PERSONNEL EXPENSES
     
Personnel expenses:    
  Wages and salaries during the financial year 13,500 14,100
  Payroll related social costs    
    Pension costs 2,658 2,660
    Other payroll related social costs 785 958
  16,943 17,718
     
Wages and salaries paid to:    
  Boards of Directors and CEO 406 449
 
25. DEPRECIATION ACCORDING TO PLAN
     
Intangible rights 581 500
Goodwill 10,556 1,806
Other capitalised expenditure 4 13
Buildings 1,713 1,669
Machinery and equipment 2,820 1,489
  15,674 5,478
 
26. FINANCIAL INCOME AND EXPENSES
     
Income from non-current financial assets    
  Dividend income 11,507 26,575
  Interest income 7,399 7,623
Other interest and financial income    
  Interest income 10,823 10,318
  Other financial income 38 8
Other interest and financial expenses    
  Interest expenses -11,517 -10,803
  Other financial expenses -6,289 -4,553
  Exchange rate differences, net 1,090 -5,039
  13,051 24,130
From Group companies:    
Income from non-current financial assets    
  Dividend income 11,445 25,377
  Interest income 6,368 6,329
Other interest and financial income    
  Interest income 9,404 9,079
  Other financial income 38 8
Other interest and financial expenses    
   Interest expenses -512 -396
  26,743 40,397
 
27. EXTRAORDINARY INCOME AND EXPENSES
     
Income    
  Sale of shares - 395
  Liquidation of a subsidiary - 84
  Profit on sale of business operations - -
  Other extraordinary income - 27
  - 506
     
Group contribution -164 218
     
Expenses    
  Write-off of loan receivables from Group and shares in subsidiaries *) - -20,550
  Sale of shares - -2,490
  Sundry expenses - -56
  - -23,096
     
Extraordinary income and expenses, total -164 -22,372
     
*) Year 2000 write-off of the shares in Tamro Distribution AS    
 
28. APPROPRIATIONS
     
Accelerated depreciation in the income statement    
  Intangible rights -20 -52
  Goodwill 10,556 1,806
  Other capitalised expenditure -1 1
  Buildings 814 1,065
  Machinery and equipment 764 39
  12,113 2,858
 
29. INCOME TAXES
     
Current income taxes -5,517 -166
Income taxes from previous years -351 -2,153
  -5,868 -2,319
     
 
Displaying Notes 21, 22, 23, 24, 25, 26, 27, 28, 29 out of total 41 notes
 
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