AFFECTO PLC STOCK EXCHANGE RELEASE 24 APRIL 2009 at 13.00
SEGMENT COMPARISON INFORMATION FOR 2008
Affecto has changed its internal reporting. Since the beginning of 2009
Affecto's reporting segments are based on geographical locations and are
Finland, Norway, Sweden, Denmark, Baltic and group management.
Segment information for 2008 have been adjusted to match the new breakdown as
shown in the table below. The figures are unaudited. In the full year
financial statements the 2008 figures were reported according to the earlier
segment structure. The new segment structure will be implemented in the
January-March interim report to be published on 5 May 2009.
Restated segment information for 2008
(The figures are unaudited)
1-3/08 4-6/08 7-9/08 9-12/08 2008
Segment net sales
Finland 11 771 11 662 10 000 13 000 46 432
Norway 7 833 8 983 6 699 6 081 29 597
Sweden 6 196 6 407 4 598 5 372 22 573
Denmark 2 517 3 093 2 267 2 687 10 564
Baltic 5 742 6 561 6 072 5 913 24 289
Group management 264 264 264 264 1 056
Total inter-segment revenue -726 -784 -610 -826 -2 946
Net sales 33 599 36 187 29 288 32 492 131 565
Operational segment result*
Finland 1 998 1 421 1 422 2 045 6 886
Norway 538 964 1 070 305 2 877
Sweden 704 1 054 375 757 2 890
Denmark 204 403 157 393 1 157
Baltic 748 2 064 562 -223 3 151
Group management -566 -654 -545 -735 -2 500
Total operational segment result 3 626 5 253 3 040 2 543 14 461
IFRS3 amortisation -719 -720 -676 -538 -2 653
Operating profit 2 907 4 532 2 363 2 005 11 808
Segment assets 31 Dec. 2008
Finland 39 806
Norway 24 027
Sweden 23 634
Denmark 14 785
Baltic 18 091
Group management 185
Total segment assets 120 528
Reportable segments' assets are reconciled
to total assets as follows:
Segment assets for reportable segments 120 528
Unallocated:
Deferred tax assets 2 031
Current income tax receivables 206
Available-for-sale financial assets 295
Derivative financial instruments 20
Cash and cash equivalents 23 554
Total assets per the balance sheet 146 633
*) Operational segment result = Operating profit before amortisations on fair
value adjustments due to business combinations (IFRS3) and Goodwill
impairments.
Affecto Plc
Satu Kankare
CFO
Additional information:
Satu Kankare, CFO, tel. +358 205 777 202
Hannu Nyman, Director, M&A, IR, tel. +358 205 777 761
www.affecto.com