Metsä Board Annual Review 2024

METSÄ BOARD Annual review 2024

EUR

2024

2023

EUR

2024

2023

12. Shareholders’ equity

13. Mandatory provisions Provisions for pension 1.1.

Business operations and value creation 2 This is Metsä Board 4 CEO’s review 6

Restricted equity Share capital 1.1. A-shares

738,948.00 738,948.00

738,948.00 738,948.00

31.12.

51,788,806.85 506,092,733.55 557,881,540.40

51,788,806.85 506,092,733.55 557,881,540.40

B-shares

Provisions for environmental obligations 1.1.

Strategy and financial targets

Total

2,020,000.00

1,990,909.00

8

Value creation

Increase Decrease

29,091.00

Share capital 31.12. A-shares

-320,000.00 1,700,000.00

51,788,806.85 506,092,733.55 557,881,540.40

51,788,806.85 506,092,733.55 557,881,540.40 259,659,751.43 -64,386,564.29 195,273,187.14

31.12.

2,020,000.00

Financial development 10 Key figures 12

B-shares

Total

Total provisions 1.1.

2,758,948.00

2,729,857.00

Report of the Board of Directors

Fair value reserve 1.1.

195,273,187.14 -57,850,526.87 137,422,660.27

Increase Decrease

29,091.00

Changes

20 20 37 70 89 96

• Sustainability statement

-320,000.00 2,438,948.00

Fair value reserve 31.12.

31.12.

2,758,948.00

General information

E – Environment

Restricted equity total

695,304,200.67

753,154,727.54

S – Social responsibility

14. Deferred tax assets and liabilities Deferred tax assets Mandatory provisions

Unrestricted equity Reserve for invested unrestricted equity 1.1. Reserve for invested unrestricted equity 31.12.

G – Governance

210,639,481.81 210,639,481.81

210,639,481.81 210,639,481.81

487,789.60 2,207,716.07 3,724,087.33 6,419,593.00

551,789.60

Annexes to the Sustainability statement

Taxable losses

Financial instruments

Retained earnings 1.1.

308,243,195.50

398,647,671.61

98 Consolidated financial statements 102 Notes to the consolidated financial statements 150 Parent company financial statements 153 Notes to the parent company financial statements 166 The Board’s proposal to the Annual General Meeting for the distribution of funds 167 Auditor’s Report 171 Sustainability statement assurance report 173 Shares and shareholders 177 Ten years in figures 178 Taxes 179 Production capacities 181 Calculation of key ratios and comparable performance measures Corporate governance 183 Corporate governance statement 190 • Board of Directors of Metsä Board 194 • Corporate Management Team of Metsä Board

Total

551,789.60

Acquisition of own shares

-769,954.72

Dividends

-88,758,714.00 49,678,808.41 268,393,335.19

-205,740,701.92 115,336,218.41 308,243,195.50

Deferred tax liabilities Valuation of Pohjolan Voima Oyj shares at fair value

Profit for the financial period

37,797,973.05

44,721,973.05 4,096,267.21 48,818,240.26

Retained earnings 31.12.

Financial instruments

Total

37,797,973.05

Unrestricted equity total

479,032,817.00

518,882,677.31

Deferred tax assets (+) and liabilities (-), net

-31,378,380.05

-48,266,450.66

Equity total 31.12

1,174,337,017.67

1,272,037,404.85

The deferred tax liability for accrued depreciation in 2024 was EUR 45.9 million (40.1).

Distributable funds Reserve for invested unrestricted equity Profit from previous financial periods

210,639,481.81 218,714,526.78 49,678,808.41 479,032,817.00

210,639,481.81 192,906,977.09 115,336,218.41 518,882,677.31

15. Non-current liabilities Other liabilities Bonds

Profit for the financial period

Distributable funds

249,769,529.03 152,941,176.48

249,685,345.02 164,705,882.36

Loans from financial institutions

Government grants Deferred tax liabilities Advance payments

649,459.11

865,945.59

31,378,380.05 4,904,056.51 439,642,601.18

48,266,450.66 7,354,456.51 470,878,080.14

Total

Non-current liabilities total

439,642,601.18

470,878,080.14

196 Remuneration report 201 Investor relations and investor information

160

161

Parent company financial statements | METSÄ BOARD ANNUAL REVIEW 2024

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