This web annual report has been
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QUARTERLY DEVELOPMENT
10-12
7-9
4-6
1-3
1-12
1-12
Change
2001
2001
2001
2001
2001
2000
%
NET SALES
(EURm)
Tamro Sweden
364.4
343.3
389.6
389.7
1,487.0
1,573.8
-5.5
Tamro Denmark
242.0
224.7
223.8
229.3
919.8
852.5
7.9
Tamro Finland
181.7
160.5
166.7
163.3
672.2
681.8
-1.4
Tamro Norway
134.5
109.5
117.3
92.0
453.3
185.0
145.0
Tamro Estonia
10.9
8.3
9.1
8.8
37.1
34.0
9.1
Tamro Latvia
16.9
14.9
14.4
13.0
59.2
43.3
36.7
Tamro Lithuania
12.5
8.3
10.0
8.6
39.4
30.7
28.3
Tamro Russia
18.8
10.8
9.5
8.6
47.7
34.2
39.5
Tamro MedLab
24.2
22.2
22.9
23.3
92.6
89.0
4.0
Other and internal
-3.2
-1.2
-5.4
-2.9
-12.7
-5.9
-115.3
Group total
1,002.7
901.3
957.9
933.7
3,795.6
3,518.4
7.9
NUMBER OF EMPLOYEES,
AVERAGE
Tamro Sweden
516
470
544
546
519
578
-10.2
Tamro Denmark
622
637
635
632
632
667
-5.2
Tamro Finland
360
377
366
361
366
440
-16.8
Tamro Norway
680
582
497
206
491
110
346.4
Tamro Estonia
101
77
78
83
85
78
9.0
Tamro Latvia
262
303
95
97
189
93
103.2
Tamro Lithuania
84
83
86
90
86
149
-42.3
Tamro Russia
179
176
190
194
185
180
2.8
Tamro MedLab
255
258
256
259
257
271
-5.2
Others
27
29
56
61
44
117
-62.4
Group total
3,086
2,992
2,803
2,529
2,854
2,683
6.4
CONSOLIDATED INCOME
STATEMENT
(EURm)
Net Sales
1,002.7
901.3
957.9
933.7
3,795.6
3,518.4
7.9
Other income
55.4
0.4
0.0
2.5
58.3
3.3
1,675.9
Operating expenses
-992.5
-888.9
-941.4
-919.7
-3,742.5
-3,489.2
7.3
Depreciation
-26.6
-7.6
-6.2
-4.4
-44.8
-18.8
137.9
Operating profit
39.0
5.2
10.3
12.1
66.6
13.7
386.6
Financial income and
expenses
-3.5
-3.9
-3.4
-2.2
-13.0
-14.5
-10.8
Share of affiliated
companies' net income
0.0
0.3
1.6
0.0
1.9
3.3
-42.3
Profit before taxes
35.5
1.6
8.5
9.9
55.5
2.5
2,166.7
Income taxes
-15.5
-0.5
-2.7
-3.2
-21.9
-4.4
392.6
Minority interest
1.1
2.2
0.6
0.6
4.5
0.0
Profit before extraordinary
items
21.1
3.3
6.4
7.3
38.1
-1.9
2,069.6
Extraordinary income
and expenses, net of taxes
-
-
-
-
-
-10.3
-100.0
Net profit for the period
21.1
3.3
6.4
7.3
38.1
-12.2
411.5
31st
Dec
30th
Sep
30th
Jun
31st
Mar
31st
Dec
31st
Dec
Change
2001
2001
2001
2001
2001
2000
%
CONSOLIDATED BALANCE
SHEET
(EURm)
Assets
Intangible and tangible
assets
240.1
247.5
244.0
179.3
240.1
181.7
32.1
Financial assets
26.2
64.3
65.8
95.6
26.2
71.3
-63.3
Inventories
287.5
279.9
280.4
302.5
287.5
308.3
-6.7
Receivables
571.1
485.4
510.4
504.5
571.1
494.0
15.6
Liquid assets and short-term
investments
60.2
30.7
26.9
22.9
60.2
69.3
-13.1
1,185.1
1,107.8
1,127.5
1,104.8
1,185.1
1,124.6
5.4
Equity & liabilities
Equity & minority
349.9
322.7
325.7
306.9
349.9
302.8
15.6
Obligatory reserves
3.7
2.4
2.5
4.8
3.7
4.3
-14.0
Long-term liabilities
63.1
75.0
69.1
37.5
63.1
16.2
289.5
Short-term liabilities
768.4
707.7
730.2
755.6
768.4
801.3
-4.1
Balance sheet total
1,185.1
1,107.8
1,127.5
1,104.8
1,185.1
1,124.6
5.4
10-12
7-9
4-6
1-3
1-12
1-12
Change
2001
2001
2001
2001
2001
2000
%
OTHER CONSOLIDATED
KEY FIGURES
Operating margin, %
3.9
0.6
1.1
1.3
1.8
0.4
Profit margin, %
3.5
0.2
0.9
1.1
1.5
0.1
Return on capital employed,
%
29.1
4.7
9.6
9.6
13.1
4.0
Return on equity, %
24.7
1.4
7.4
8.8
10.4
-0.6
Gross
investments, €m
25.4
18.7
14.9
37.2
96.2
35.8
169.1
Free cash flow, €m
-41.2
32.9
40.5
-50.9
-18.7
29.3
-163.8
Capital
employed, €m
581.8
514.3
552.4
555.3
581.8
544.4
6.9
Net
debt, €m
171.8
140.2
179.0
193.3
171.8
140.1
22.6
Net gearing, %
49.2
43.5
55.1
63.1
49.2
46.4
6,0
Equity Ratio, %
29.4
29.1
28.8
27.7
29.4
26.9
9.4
Number
of shares - at end, millions (excluding own shares)
114.5
114.5
114.5
114.5
114.5
114.5
0,0
Number
of shares - average, millions (excluding own shares)
