CHANGES IN KEMIRA'S SEGMENT INFORMATION BY BUSINESS AREA

These changes will have an effect on segment information by business area but not on Group-level figures. Business-area comparatives for 2005 have been adjusted to match this new accounting practice:

(The figures are unaudited)
(EUR million)

 

INCOME STATEMENT QUARTERLY                                                             2005
                                      1-3      4-6     7-9     10-12    Total
Continuing operations
Revenue

Pulp & Paper

Chemicals                137.7    166.1    202.5    209.0    715.3

Kemwater               79.6     89.9     92.5     91.2    353.2

Performance Chemicals

                               76.0    109.1    104.2    119.1    408.4

Paints & Coatings     99.1    138.2    129.9     90.3    457.5

Other and intra-group sales

                                11.3     22.9     13.9     11.9     60.0

Total continuing operations

                             403.7    526.2    543.0    521.5  1,994.4

 

Operating profit
Pulp & Paper Chemicals

                               11.2      6.3     23.1     20.9     61.5

Kemwater

                                5.4      7.9      8.0      6.9     28.2

Performance Chemicals

                                 8.5      9.0     11.7     16.2     45.4

Paints & Coatings

                                8.4     20.1     20.6      6.8     55.9

Other including eliminations

                              -3.2     -3.7     -4.2    -14.4    -25.5

Total continuing operations

                              30.3     39.6     59.2     36.4    165.5

 

Financial income and expenses

                                -3.4    -12.3     -6.6     -8.2    -30.5

Income from associates

                                  -0.2      0.8     -0.8     -1.3     -1.5

 

Profit before taxes                  26.7     28.1     51.8     26.9    133.5

 

Income taxes                         -7.5     -8.9    -17.7     -8.0    -42.1

 

Profit from continuing operations    19.2     19.2     34.1     18.9     91.4

 

Discontinued operations
Profit from discontinued operations
Net profit total        19.2     19.2     34.1     18.9     91.4

 

Attributable to:
Equity holders of the parent

                          18.2     18.2     33.4     18.7     88.5

Minority interests 1.0      1.0      0.7      0.2      2.9

Net profit           19.2     19.2     34.1     18.9     91.4

 

Earnings per share, diluted, EUR

                         0.15     0.15     0.28     0.15     0.73

 

Capital employed, rolling                                             1,662.9

 

ROCE, %                                                                  9.9%

 

Kemira will publish its interim report for January-March 2006 at 9am on May 4.

 

For further information, please contact:
Kemira Oyj
Raija Arasjärvi, EVP, Group Controller, tel. +358 10 862 1796

KEMIRA

Kemira is a chemicals group that is made up of four business areas: pulp and paper chemicals, water treatment chemicals, performance chemicals and paints. Kemira is seeking to be a global group of leading chemical businesses with unique competitive position and a high degree of mutual synergy. In 2005, Kemira had revenue of EUR 1,994.4 million and posted operating profit of EUR 165.5 million. Earnings per share were EUR 0.73 and the return on capital employed 9.9%. At the end of the year, the company had a payroll of 7,670 employees. During 2005 Kemira rose to the leading position in all four of its business areas.