Metsä Board Annual and sustainability report 2022

BUSINESS OPERATIONS AND VALUE CREATION

SUSTAINABILITY REPORT

FINANCIAL DEVELOPMENT

GOVERNANCE

Land and water areas

Buildings and constructions

Machinery and equipment

EUR million

Owned

Leased

Owned

Leased

Owned 2,563.2

Leased

Acquisition cost, 1 Jan. 2022

15.7 -0.1

2.0

401.2 -12.5

10.2

15.7 -0.6

Translation differences

0.0 3.3

-113.1

Additions

0.0

0.7

72.1

68.7

4.1

Acquired business

6.6 2.1 3.0

5.0 8.9

18.0 -19.6

Decrease

-3.2

-0.2

-1.3

Transfers between items

0.0

249.7

Acquisition cost, 31 Dec. 2022

12.4

2.4

472.4

12.2

2,782.3

17.5

Accumulated depreciation and impairment charges 1 Jan. 2022

-0.5

-0.5

-280.0

-5.4

-2,093.5

-6.2

Translation differences

0.0

7.5

-0.1

82.6

0.2

Accumulated depreciation on deductions and transfers

-0.6 -8.5

1.4

11.1

2.1

Depreciation for the period

-0.2

-3.4 -0.8 -8.4

-63.5

-4.4 0.0 -8.3

Impairments

-0.1

Accumulated depreciation and impairment charges 31 Dec. 2022

-0.4

-0.7

-281.7

-2,063.3

Book value, 1 Jan. 2022

15.2 12.0

1.4

121.3

4.8 3.9

469.7

9.5 9.2

Book value, 31 Dec. 2022

1.7

190.7

719.0

Other tangible assets

Construction in progress

Total

Total

EUR million

Owned

Owned

Owned 3,309.2

Leased

Total

Acquisition cost, 1 Jan. 2022

23.0 -0.7

306.1 -15.0 121.9

27.8 -0.6

3,337.0

Translation differences

-141.3 264.1

-141.9 272.2

Additions

1.4

8.1

Acquired business

0.1

11.6

18.0

29.6 -11.3

Decrease

-1.3 0.4

3.3

9.8

-21.1

Transfers between items

-253.1 163.2

Acquisition cost, 31 Dec. 2022

23.0

3,453.3

32.1

3,485.5

Accumulated depreciation and impairment charges 1 Jan. 2022

-15.9

-2,389.8

-12.1

-2,401.9

Translation differences

0.6

90.8

0.1

90.9

Accumulated depreciation on deduction and transfers

1.3

11.8

3.5

15.3

Depreciation for the period

-0.8

-72.9

-8.0 -0.9 -17.4

-80.9

Impairments

-0.1

-0.9

Accumulated depreciation and impairment charges 31 Dec. 2022

-14.8

-2,360.2

-2,377.6

Book value, 1 Jan. 2022

7.2

306.1 163.2

919.4

15.7 14.7

935.0

Book value, 31 Dec. 2022

8.2

1,093.2

1,107.9

Acquired businesses include the tangible assets of Hämeenkyrön Voima Oy. More information on the acquired businesses can be found in note 7.2.

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