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Neste Oyj — Financial Supplement Data 2013
Apr 18, 2013
3230_rns_2013-04-18_7abced83-c385-46a5-a3b9-e26f66d36d55.pdf
Financial Supplement Data
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NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED INCOME STATEMENT - Restated
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Revenue | 17,853 | 4,597 | 13,256 | 4,505 | 8,751 | 4,297 | 4,454 |
| Other income | 98 | 13 | 85 | 7 | 78 | 18 | 60 |
| Share of profit (loss) of associates and joint ventures | -3 | -7 | 4 | 4 | 0 | 5 | -5 |
| Materials and services | -16,186 | -4,210 | -11,976 | -3,932 | -8,044 | -4,088 | -3,956 |
| Employee benefit costs | -339 | -96 | -243 | -73 | -170 | -86 | -84 |
| Depreciation, amortization and impairments | -332 | -85 | -247 | -81 | -166 | -83 | -83 |
| Other expenses | -767 | -160 | -607 | -234 | -373 | -178 | -195 |
| Operating profit | 324 | 52 | 272 | 196 | 76 | -115 | 191 |
| Financial income and expenses | |||||||
| Financial income | 3 | 1 | 2 | 0 | 2 | 1 | 1 |
| Financial expenses | -87 | -19 | -68 | -23 | -45 | -23 | -22 |
| Exchange rate and fair value gains and losses | -7 | 1 | -8 | -1 | -7 | -6 | -1 |
| Total financial income and expenses | -91 | -17 | -74 | -24 | -50 | -28 | -22 |
| Profit before income taxes | 233 | 35 | 198 | 172 | 26 | -143 | 169 |
| Income tax expense | -74 | -18 | -56 | -41 | -15 | 31 | -46 |
| Profit for the period | 159 | 17 | 142 | 131 | 11 | -112 | 123 |
| Profit attributable to: | |||||||
| Owners of the parent | 157 | 17 | 140 | 131 | 9 | -113 | 122 |
| Non-controlling interests | 2 | 0 | 2 | 0 | 2 | 1 | 1 |
| 159 | 17 | 142 | 131 | 11 | -112 | 123 | |
| Earnings per share from profit attributable to the owners of the parent basic and diluted (in euro per share) | 0.61 | 0.06 | 0.55 | 0.51 | 0.04 | -0.44 | 0.48 |
| STATEMENT OF COMPREHENSIVE INCOME - Restated | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Profit for the period | 159 | 17 | 142 | 131 | 11 | -112 | 123 |
| Other comprehensive income: | |||||||
| Items that will not be reclassified to profit or loss, net of tax | |||||||
| Remeasurements on defined benefit plans | -29 | -8 | -21 | -7 | -14 | -7 | -7 |
| Items that may be reclassified subsequently to profit or loss, net of tax | |||||||
| Translation differences | 10 | -10 | 20 | 12 | 8 | 3 | 5 |
| Cash flow hedges | |||||||
| recorded in equity | -50 | 21 | -71 | -36 | -35 | -34 | 27 |
| transferred to income statement | 84 | -3 | 87 | 48 | 39 | 25 | -14 |
| Net investment hedges | -1 | 0 | -1 | -1 | 0 | 0 | 0 |
| Hedging reserves in associates and joint ventures | -1 | 0 | -1 | -1 | 0 | 0 | 0 |
| Total | 42 | 8 | 34 | 22 | 12 | -6 | 18 |
| Other comprehensive income for the period, net of tax | 13 | 0 | 13 | 15 | -2 | -13 | 11 |
| Total comprehensive income for the period | 172 | 17 | 155 | 146 | 9 | -125 | 134 |
| Total comprehensive income attributable to: | |||||||
| Owners of the parent | 170 | 17 | 153 | 146 | 7 | -126 | 133 |
| Non-controlling interests | 2 | 0 | 2 | 0 | 2 | 1 | 1 |
| 172 | 17 | 155 | 146 | 9 | -125 | 134 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED INCOME STATEMENT - Published
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Revenue | 17,853 | 4,597 | 13,256 | 4,505 | 8,751 | 4,297 | 4,454 |
| Other income | 98 | 13 | 85 | 7 | 78 | 18 | 60 |
| Share of profit (loss) of associates and joint ventures | -3 | -7 | 4 | 4 | 0 | 5 | -5 |
| Materials and services | -16,186 | -4,210 | -11,976 | -3,932 | -8,044 | -4,088 | -3,956 |
| Employee benefit costs | -342 | -91 | -251 | -76 | -175 | -88 | -87 |
| Depreciation, amortization and impairments | -332 | -85 | -247 | -81 | -166 | -83 | -83 |
| Other expenses | -767 | -160 | -607 | -234 | -373 | -178 | -195 |
| Operating profit | 321 | 57 | 264 | 193 | 71 | -117 | 188 |
| Financial income and expenses | |||||||
| Financial income | 3 | 1 | 2 | 0 | 2 | 1 | 1 |
| Financial expenses | -84 | -18 | -66 | -22 | -44 | -22 | -22 |
| Exchange rate and fair value gains and losses | -7 | 1 | -8 | -1 | -7 | -6 | -1 |
| Total financial income and expenses | -88 | -16 | -72 | -23 | -49 | -27 | -22 |
| Profit before income taxes | 233 | 41 | 192 | 170 | 22 | -144 | 166 |
| Income tax expense | -74 | -20 | -54 | -40 | -14 | 31 | -45 |
| Profit for the period | 159 | 21 | 138 | 130 | 8 | -113 | 121 |
| Profit attributable to: | |||||||
| Owners of the parent | 157 | 21 | 136 | 130 | 6 | -114 | 120 |
| Non-controlling interests | 2 | 0 | 2 | 0 | 2 | 1 | 1 |
| 159 | 21 | 138 | 130 | 8 | -113 | 121 | |
| Earnings per share from profit attributable to the owners of the parent basic and diluted (in euro per share) | 0.61 | 0.08 | 0.53 | 0.51 | 0.03 | -0.44 | 0.47 |
STATEMENT OF COMPREHENSIVE INCOME - Published
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Profit for the period | 159 | 21 | 138 | 130 | 8 | -113 | 121 |
| Other comprehensive income for the period, net of tax: | |||||||
| Translation differences | 10 | -10 | 20 | 12 | 8 | 3 | 5 |
| Cash flow hedges | |||||||
| recorded in equity | -50 | 21 | -71 | -36 | -35 | -34 | 27 |
| transferred to income statement | 84 | -3 | 87 | 48 | 39 | 25 | -14 |
| Net investment hedges | -1 | 0 | -1 | -1 | 0 | 0 | 0 |
| Hedging reserves in associates and joint ventures | -1 | 0 | -1 | -1 | 0 | 0 | 0 |
| Other comprehensive income for the period, net of tax | 42 | 8 | 34 | 22 | 12 | -6 | 18 |
| Total comprehensive income for the period | 201 | 29 | 172 | 152 | 20 | -119 | 139 |
| Total comprehensive income attributable to: | |||||||
| Owners of the parent | 199 | 29 | 170 | 152 | 18 | -120 | 138 |
| Non-controlling interests | 2 | 0 | 2 | 0 | 2 | 1 | 1 |
| 201 | 29 | 172 | 152 | 20 | -119 | 139 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
RECONSOLIDATION BETWEEN RESTATED AND PUBLISHED CONSOLIDATED INCOME STATEMENT
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of profit (loss) of associates and joint ventures | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Materials and services | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Employee benefit costs | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| Depreciation, amortization and impairments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating profit | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| Financial income and expenses | |||||||
| Financial income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financial expenses | -3 | -1 | -2 | -1 | -1 | -1 | 0 |
| Exchange rate and fair value gains and losses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total financial income and expenses | -3 | -1 | -2 | -1 | -1 | -1 | 0 |
| Profit before income taxes | 0 | -6 | 6 | 2 | 4 | 1 | 3 |
| Income tax expense | 0 | 2 | -2 | -1 | -1 | 0 | -1 |
| Profit for the period | 0 | -4 | 4 | 1 | 3 | 1 | 2 |
| Profit attributable to: | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Owners of the parent | 0 | -4 | 4 | 1 | 3 | 1 | 2 |
| Non-controlling interests | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | -4 | 4 | 1 | 3 | 1 | 2 | |
| Earnings per share from profit attributable to the owners of the parent basic and diluted (in euro per share) | 0.00 | -0.02 | 0.02 | 0.00 | 0.01 | 0.00 | 0.01 |
RECONSOLIDATION BETWEEN RESTATED AND PUBLISHED STATEMENT OF COMPREHENSIVE INCOME
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Profit for the period | 0 | -4 | 4 | 1 | 3 | 1 | 2 |
| Other comprehensive income: | |||||||
| Items that will not be reclassified to profit or loss, net of tax | |||||||
| Remeasurements on defined benefit plans | -29 | -8 | -21 | -7 | -14 | -7 | -7 |
| Items that may be reclassified subsequently to profit or loss, net of tax | |||||||
| Translation differences | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow hedges | |||||||
| recorded in equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| transferred to income statement | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net investment hedges | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hedging reserves in associates and joint ventures | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other comprehensive income for the period, net of tax | -29 | -8 | -21 | -7 | -14 | -7 | -7 |
| Total comprehensive income for the period | -29 | -12 | -17 | -6 | -11 | -6 | -5 |
| Total comprehensive income attributable to: | |||||||
| Owners of the parent | -29 | -12 | -17 | -6 | -11 | -6 | -5 |
| Non-controlling interests | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -29 | -12 | -17 | -6 | -11 | -6 | -5 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED BALANCE SHEET - Restated
| 31 Dec | 30 Sep | 30 June | 31 March | |
|---|---|---|---|---|
| MEUR | 2012 | 2012 | 2012 | 2012 |
| ASSETS | ||||
| Non-current assets | ||||
| Intangible assets | 61 | 58 | 56 | 56 |
| Property, plant and equipment | 3,869 | 3,932 | 3,961 | 3,939 |
| Investments in associates and joint ventures | 242 | 252 | 242 | 235 |
| Non-current receivables | 3 | 5 | 5 | 6 |
| Pension assets | 0 | 0 | 0 | 0 |
| Deferred tax assets | 46 | 40 | 61 | 39 |
| Derivative financial instruments | 37 | 34 | 32 | 25 |
| Available-for-sale financial assets | 4 | 5 | 5 | 4 |
| Total non-current assets | 4,262 | 4,326 | 4,362 | 4,304 |
| Current assets | ||||
| Inventories | 1,464 | 1,653 | 1,468 | 1,814 |
| Trade and other receivables | 1,154 | 1,197 | 1,098 | 1,190 |
| Derivative financial instruments | 57 | 102 | 95 | 128 |
| Cash and cash equivalents | 409 | 367 | 122 | 94 |
| Total current assets | 3,084 | 3,319 | 2,783 | 3,226 |
| Assets classified as held for sale 1) | 52 | - | - | - |
| Total assets | 7,398 | 7,645 | 7,145 | 7,530 |
| EQUITY | ||||
| Capital and reserves attributable to the owners of the parent | ||||
| Share capital | 40 | 40 | 40 | 40 |
| Other equity | 2,484 | 2,467 | 2,321 | 2,447 |
| Total | 2,524 | 2,507 | 2,361 | 2,487 |
| Non-controlling interest | 16 | 15 | 15 | 15 |
| Total equity | 2,540 | 2,522 | 2,376 | 2,502 |
| LIABILITIES | ||||
| Non-current liabilities | ||||
| Interest-bearing liabilities | 1,977 | 1,923 | 2,092 | 2,012 |
| Deferred tax liabilities | 340 | 312 | 313 | 316 |
| Provisions | 27 | 38 | 43 | 23 |
| Pension liabilities | 99 | 82 | 73 | 65 |
| Derivative financial instruments | 6 | 12 | 11 | 17 |
| Other non-current liabilities | 7 | 8 | 8 | 10 |
| Total non-current liabilities | 2,456 | 2,375 | 2,540 | 2,443 |
| Current liabilities | ||||
| Interest-bearing liabilities | 357 | 667 | 458 | 524 |
| Current tax liabilities | 40 | 40 | 34 | 52 |
| Derivative financial instruments | 47 | 135 | 109 | 128 |
| Trade and other payables | 1,925 | 1,906 | 1,628 | 1,881 |
| Total current liabilities | 2,369 | 2,748 | 2,229 | 2,585 |
| Liabilities related to assets held for sale 1) | 33 | - | - | - |
| Total liabilities | 4,858 | 5,123 | 4,769 | 5,028 |
| Total equity and liabilities | 7,398 | 7,645 | 7,145 | 7,530 |
1) The assets and liabilities held for sale at 31 December 2012 relate to Neste Oil's operating activities in Poland. In December 2012 Neste Oil signed an agreement that Shell Polska Sp. z o.o. will buy Neste Oil's station network (Neste Polska Sp. z o.o.) in Poland. The transaction is expected to be closed during the first half of 2013. The operations are part of the Oil Retail segment.
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED BALANCE SHEET - Published
| MEUR | 31 Dec 2012 | 30 Sep 2012 | 30 June 2012 | 31 March 2012 |
|---|---|---|---|---|
| ASSETS | ||||
| Non-current assets | ||||
| Intangible assets | 61 | 58 | 56 | 56 |
| Property, plant and equipment | 3,869 | 3,932 | 3,961 | 3,939 |
| Investments in associates and joint ventures | 242 | 252 | 242 | 235 |
| Non-current receivables | 3 | 5 | 5 | 6 |
| Pension assets | 0 | 0 | 0 | 0 |
| Deferred tax assets | 33 | 32 | 55 | 35 |
| Derivative financial instruments | 37 | 34 | 32 | 25 |
| Available-for-sale financial assets | 4 | 5 | 5 | 4 |
| Total non-current assets | 4,249 | 4,318 | 4,356 | 4,300 |
| Current assets | ||||
| Inventories | 1,464 | 1,653 | 1,468 | 1,814 |
| Trade and other receivables | 1,154 | 1,197 | 1,098 | 1,190 |
| Derivative financial instruments | 57 | 102 | 95 | 128 |
| Cash and cash equivalents | 409 | 367 | 122 | 94 |
| Total current assets | 3,084 | 3,319 | 2,783 | 3,226 |
| Assets classified as held for sale 1) | 52 | - | - | - |
| Total assets | 7,385 | 7,637 | 7,139 | 7,526 |
| EQUITY | ||||
| Capital and reserves attributable to the owners of the parent | ||||
| Share capital | 40 | 40 | 40 | 40 |
| Other equity | 2,522 | 2,493 | 2,341 | 2,461 |
| Total | 2,562 | 2,533 | 2,381 | 2,501 |
| Non-controlling interest | 16 | 15 | 15 | 15 |
| Total equity | 2,578 | 2,548 | 2,396 | 2,516 |
| LIABILITIES | ||||
| Non-current liabilities | ||||
| Interest-bearing liabilities | 1,977 | 1,923 | 2,092 | 2,012 |
| Deferred tax liabilities | 340 | 312 | 313 | 316 |
| Provisions | 27 | 38 | 43 | 23 |
| Pension liabilities | 48 | 48 | 47 | 47 |
| Derivative financial instruments | 6 | 12 | 11 | 17 |
| Other non-current liabilities | 7 | 8 | 8 | 10 |
| Total non-current liabilities | 2,405 | 2,341 | 2,514 | 2,425 |
| Current liabilities | ||||
| Interest-bearing liabilities | 357 | 667 | 458 | 524 |
| Current tax liabilities | 40 | 40 | 34 | 52 |
| Derivative financial instruments | 47 | 135 | 109 | 128 |
| Trade and other payables | 1,925 | 1,906 | 1,628 | 1,881 |
| Total current liabilities | 2,369 | 2,748 | 2,229 | 2,585 |
| Liabilities related to assets held for sale 1) | 33 | - | - | - |
| Total liabilities | 4,807 | 5,089 | 4,743 | 5,010 |
| Total equity and liabilities | 7,385 | 7,637 | 7,139 | 7,526 |
1) The assets and liabilities held for sale at 31 December 2012 relate to Neste Oil's operating activities in Poland. In December 2012 Neste Oil signed an agreement that Shell Polska Sp. z o.o. will buy Neste Oil's station network (Neste Polska Sp. z o.o.) in Poland. The transaction is expected to be closed during the first half of 2013. The operations are part of the Oil Retail segment.
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
RECONCONSOLIDATION BETWEEN RESTATED AND PUBLISHED CONSOLIDATED BALANCE SHEET
| MEUR | 31 Dec 2012 | 30 Sep 2012 | 30 June 2012 | 31 March 2012 |
|---|---|---|---|---|
| ASSETS | ||||
| Non-current assets | ||||
| Intangible assets | 0 | 0 | 0 | 0 |
| Property, plant and equipment | 0 | 0 | 0 | 0 |
| Investments in associates and joint ventures | 0 | 0 | 0 | 0 |
| Non-current receivables | 0 | 0 | 0 | 0 |
| Pension assets | 0 | 0 | 0 | 0 |
| Deferred tax assets | 13 | 8 | 6 | 4 |
| Derivative financial instruments | 0 | 0 | 0 | 0 |
| Available-for-sale financial assets | 0 | 0 | 0 | 0 |
| Total non-current assets | 13 | 8 | 6 | 4 |
| Current assets | ||||
| Inventories | 0 | 0 | 0 | 0 |
| Trade and other receivables | 0 | 0 | 0 | 0 |
| Derivative financial instruments | 0 | 0 | 0 | 0 |
| Cash and cash equivalents | 0 | 0 | 0 | 0 |
| Total current assets | 0 | 0 | 0 | 0 |
| Assets classified as held for sale 1) | 0 | 0 | 0 | 0 |
| Total assets | 13 | 8 | 6 | 4 |
| EQUITY | ||||
| Capital and reserves attributable to the owners of the parent | ||||
| Share capital | 0 | 0 | 0 | 0 |
| Other equity | -38 | -26 | -20 | -14 |
| Total | -38 | -26 | -20 | -14 |
| Non-controlling interest | 0 | 0 | 0 | 0 |
| Total equity | -38 | -26 | -20 | -14 |
| LIABILITIES | ||||
| Non-current liabilities | ||||
| Interest-bearing liabilities | 0 | 0 | 0 | 0 |
| Deferred tax liabilities | 0 | 0 | 0 | 0 |
| Provisions | 0 | 0 | 0 | 0 |
| Pension liabilities | 51 | 34 | 26 | 18 |
| Derivative financial instruments | 0 | 0 | 0 | 0 |
| Other non-current liabilities | 0 | 0 | 0 | 0 |
| Total non-current liabilities | 51 | 34 | 26 | 18 |
| Current liabilities | ||||
| Interest-bearing liabilities | 0 | 0 | 0 | 0 |
| Current tax liabilities | 0 | 0 | 0 | 0 |
| Derivative financial instruments | 0 | 0 | 0 | 0 |
| Trade and other payables | 0 | 0 | 0 | 0 |
| Total current liabilities | 0 | 0 | 0 | 0 |
| Liabilities related to assets held for sale 1) | 0 | 0 | 0 | 0 |
| Total liabilities | 51 | 34 | 26 | 18 |
| Total equity and liabilities | 13 | 8 | 6 | 4 |
1) The assets and liabilities held for sale at 31 December 2012 relate to Neste Oil's operating activities in Poland. In December 2012 Neste Oil signed an agreement that Shell Polska Sp. z o.o. will buy Neste Oil's station network (Neste Polska Sp. z o.o.) in Poland. The transaction is expected to be closed during the first half of 2013. The operations are part of the Oil Retail segment.
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED STATEMENT OF CHANGES IN TOTAL EQUITY - Restated
| Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity | |
|---|---|---|---|---|---|---|---|---|---|
| MEUR | |||||||||
| Total equity at 31 December 2011 | 40 | 15 | -23 | -7 | 0 | 2,428 | 2,453 | 14 | 2,467 |
| Change in accounting policy (IAS 19) | -9 | ||||||||
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,419 | 2,444 | 14 | 2,458 |
| Dividend paid | -90 | -90 | 0 | -90 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 13 | 5 | -7 | 122 | 133 | 1 | 134 | ||
| Total equity at 31 March 2012 | 40 | 17 | -10 | -2 | -7 | 2,449 | 2,487 | 15 | 2,502 |
| Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity | |
| MEUR | |||||||||
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,419 | 2,444 | 14 | 2,458 |
| Dividend paid | -90 | -90 | -1 | -91 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 4 | 8 | -14 | 9 | 7 | 2 | 9 | ||
| Total equity at 30 June 2012 | 40 | 17 | -19 | 1 | -14 | 2,336 | 2,361 | 15 | 2,376 |
| Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity | |
| MEUR | |||||||||
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,419 | 2,444 | 14 | 2,458 |
| Dividend paid | -90 | -90 | -1 | -91 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 14 | 20 | -21 | 140 | 153 | 2 | 155 | ||
| Total equity at 30 September 2012 | 40 | 17 | -9 | 13 | -21 | 2,467 | 2,507 | 15 | 2,522 |
| Share capital | Reserve fund | Fair value and other | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity | |
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,419 | 2,444 | 14 | 2,458 |
| Dividend paid | -90 | -90 | 0 | -90 | |||||
| Share-based compensation | 0 | 0 | |||||||
| Transfer from retained earnings | 3 | -3 | 0 | 0 | |||||
| Total comprehensive income for the period | 33 | 9 | -29 | 157 | 170 | 2 | 172 | ||
| Total equity at 31 December 2012 | 40 | 18 | 10 | 2 | -29 | 2,483 | 2,524 | 16 | 2,540 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONSOLIDATED STATEMENT OF CHANGES IN TOTAL EQUITY - Published
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
|---|---|---|---|---|---|---|---|---|---|
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,428 | 2,453 | 14 | 2,467 |
| Dividend paid | -90 | -90 | 0 | -90 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 13 | 5 | 0 | 120 | 138 | 1 | 139 | ||
| Total equity at 31 March 2012 | 40 | 17 | -10 | -2 | 0 | 2,456 | 2,501 | 15 | 2,516 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,428 | 2,453 | 14 | 2,467 |
| Dividend paid | -90 | -90 | -1 | -91 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 4 | 8 | 0 | 6 | 18 | 2 | 20 | ||
| Total equity at 30 June 2012 | 40 | 17 | -19 | 1 | 0 | 2,342 | 2,381 | 15 | 2,396 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,428 | 2,453 | 14 | 2,467 |
| Dividend paid | -90 | -90 | -1 | -91 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 2 | -2 | 0 | 0 | |||||
| Total comprehensive income for the period | 14 | 20 | 0 | 136 | 170 | 2 | 172 | ||
| Total equity at 30 September 2012 | 40 | 17 | -9 | 13 | 0 | 2,472 | 2,533 | 15 | 2,548 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total equity at 1 January 2012 | 40 | 15 | -23 | -7 | 0 | 2,428 | 2,453 | 14 | 2,467 |
| Dividend paid | -90 | -90 | 0 | -90 | |||||
| Share-based compensation | 0 | 0 | 0 | ||||||
| Transfer from retained earnings | 3 | -3 | 0 | 0 | |||||
| Total comprehensive income for the period | 33 | 9 | 0 | 157 | 199 | 2 | 201 | ||
| Total equity at 31 December 2012 | 40 | 18 | 10 | 2 | 0 | 2,492 | 2,562 | 16 | 2,578 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
RECONCONSOLIDATION BETWEEN RESTATED AND PUBLISHED CONSOLIDATED STATEMENT OF CHANGES IN TOTAL EQUITY
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
|---|---|---|---|---|---|---|---|---|---|
| Total equity at 1 January 2012 | 0 | 0 | 0 | 0 | 0 | -9 | -9 | 0 | -9 |
| Dividend paid | 0 | 0 | 0 | 0 | |||||
| Share-based compensation | 0 | 0 | 0 | 0 | |||||
| Transfer from retained earnings | 0 | 0 | 0 | 0 | 0 | ||||
| Total comprehensive income for the period | 0 | 0 | -7 | 2 | -5 | 0 | -5 | ||
| Total equity at 31 March 2012 | 0 | 0 | 0 | 0 | -7 | -7 | -14 | 0 | -14 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| Total equity at 1 January 2012 | 0 | 0 | 0 | 0 | 0 | -9 | -9 | 0 | -9 |
| Dividend paid | 0 | 0 | 0 | 0 | |||||
| Share-based compensation | 0 | 0 | 0 | 0 | |||||
| Transfer from retained earnings | 0 | 0 | 0 | 0 | 0 | ||||
| Total comprehensive income for the period | 0 | 0 | -14 | 3 | -11 | 0 | -11 | ||
| Total equity at 30 June 2012 | 0 | 0 | 0 | 0 | -14 | -6 | -20 | 0 | -20 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| Total equity at 1 January 2012 | 0 | 0 | 0 | 0 | 0 | -9 | -9 | 0 | -9 |
| Dividend paid | 0 | 0 | 0 | 0 | |||||
| Share-based compensation | 0 | 0 | 0 | 0 | |||||
| Transfer from retained earnings | 0 | 0 | 0 | 0 | 0 | ||||
| Total comprehensive income for the period | 0 | 0 | -21 | 4 | -17 | 0 | -17 | ||
| Total equity at 30 September 2012 | 0 | 0 | 0 | 0 | -21 | -5 | -26 | 0 | -26 |
| MEUR | Share capital | Reserve fund | Fair value and other reserves | Translation differences | Accuarial gains and losses | Retained earnings | Owners of the parent | Non-controlling interests | Total equity |
| Total equity at 1 January 2012 | 0 | 0 | 0 | 0 | 0 | -9 | -9 | 0 | -9 |
| Dividend paid | 0 | 0 | 0 | 0 | |||||
| Share-based compensation | 0 | 0 | 0 | 0 | |||||
| Transfer from retained earnings | 0 | 0 | 0 | 0 | 0 | ||||
| Total comprehensive income for the period | 0 | 0 | -29 | 0 | -29 | 0 | -29 | ||
| Total equity at 31 December 2012 | 0 | 0 | 0 | 0 | -29 | -9 | -38 | 0 | -38 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
CONDENSED CONSOLIDATED CASH FLOW STATEMENT - Restated
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Cash flow from operating activities | |||||||
| Profit before taxes | 233 | 35 | 198 | 172 | 26 | -143 | 169 |
| Adjustments, total | 423 | 99 | 324 | 145 | 179 | 116 | 63 |
| Change in working capital | -44 | 204 | -248 | 25 | -273 | 260 | -533 |
| Cash generated from operations | 612 | 338 | 274 | 342 | -68 | 233 | -301 |
| Finance cost, net | -106 | -13 | -93 | -49 | -44 | -5 | -39 |
| Income taxes paid | -38 | 2 | -40 | 0 | -40 | -27 | -13 |
| Net cash generated from operating activities | 468 | 327 | 141 | 293 | -152 | 201 | -353 |
| Capital expenditure | -291 | -81 | -210 | -51 | -159 | -111 | -48 |
| Acquisition of other shares | -1 | 0 | -1 | 0 | -1 | -1 | 0 |
| Proceeds from sales of shares in subsidiaries | - | - | - | - | - | - | - |
| Proceeds from capital repayments in associates and joint venture | 2 | - | 2 | 2 | - | - | - |
| Proceeds from sales of fixed assets | 79 | 1 | 78 | 3 | 75 | 1 | 74 |
| Change in other investments | 3 | 42 | -39 | -32 | -7 | 28 | -35 |
| Cash flow before financing activities | 260 | 289 | -29 | 215 | -244 | 118 | -362 |
| Net change in loans and other financing activities | -65 | -247 | 182 | 29 | 153 | 1 | 152 |
| Dividends paid to the owners of the parent | -90 | - | -90 | - | -90 | -90 | - |
| Dividends paid to non-controlling interests | 0 | 1 | -1 | - | -1 | -1 | - |
| Net increase (+)/decrease (-) in cash and cash equivalents | 105 | 43 | 62 | 244 | -182 | 28 | -210 |
CONDENSED CONSOLIDATED CASH FLOW STATEMENT - Published
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Cash flow from operating activities | |||||||
| Profit before taxes | 233 | 41 | 192 | 170 | 22 | -144 | 166 |
| Adjustments, total | 420 | 92 | 328 | 147 | 181 | 116 | 65 |
| Change in working capital | -44 | 204 | -248 | 25 | -273 | 260 | -533 |
| Cash generated from operations | 609 | 337 | 272 | 342 | -70 | 232 | -302 |
| Finance cost, net | -103 | -12 | -91 | -49 | -42 | -4 | -38 |
| Income taxes paid | -38 | 2 | -40 | 0 | -40 | -27 | -13 |
| Net cash generated from operating activities | 468 | 327 | 141 | 293 | -152 | 201 | -353 |
| Capital expenditure | -291 | -81 | -210 | -51 | -159 | -111 | -48 |
| Acquisition of other shares | -1 | 0 | -1 | 0 | -1 | -1 | 0 |
| Proceeds from sales of shares in subsidiaries | - | - | - | - | - | - | - |
| Proceeds from capital repayments in associates and joint venture | 2 | - | 2 | 2 | - | - | - |
| Proceeds from sales of fixed assets | 79 | 1 | 78 | 3 | 75 | 1 | 74 |
| Change in other investments | 3 | 42 | -39 | -32 | -7 | 28 | -35 |
| Cash flow before financing activities | 260 | 289 | -29 | 215 | -244 | 118 | -362 |
| Net change in loans and other financing activities | -65 | -247 | 182 | 29 | 153 | 1 | 152 |
| Dividends paid to the owners of the parent | -90 | - | -90 | - | -90 | -90 | - |
| Dividends paid to non-controlling interests | 0 | 1 | -1 | - | -1 | -1 | - |
| Net increase (+)/decrease (-) in cash and cash equivalents | 105 | 43 | 62 | 244 | -182 | 28 | -210 |
RECONCONSOLIDATION BETWEEN RESTATED AND PUBLISHED CONDENSED CONSOLIDATED CASH FLOW STATEMENT
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
|---|---|---|---|---|---|---|---|
| Cash flow from operating activities | |||||||
| Profit before taxes | 0 | -6 | 6 | 2 | 4 | 1 | 3 |
| Adjustments, total | 3 | 7 | -4 | -2 | -2 | 0 | -2 |
| Change in working capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash generated from operations | 3 | 1 | 2 | 0 | 2 | 1 | 1 |
| Finance cost, net | -3 | -1 | -2 | 0 | -2 | -1 | -1 |
| Income taxes paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net cash generated from operating activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisition of other shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Proceeds from sales of shares in subsidiaries | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Proceeds from capital repayments in associates and joint venture | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Proceeds from sales of fixed assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in other investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow before financing activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net change in loans and other financing activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends paid to the owners of the parent | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends paid to non-controlling interests | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net increase (+)/decrease (-) in cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
| KEY FINANCIAL INDICATORS - Restated | ||||
|---|---|---|---|---|
| 31 Dec 2012 | 30 Sep 2012 | 30 June 2012 | 31 March 2012 | |
| Capital employed, MEUR | 4,885 | 5,111 | 4,926 | 5,037 |
| Interest-bearing net debt, MEUR | 1,935 | 2,222 | 2,428 | 2,442 |
| Capital expenditure and investment in shares, MEUR | 292 | 211 | 160 | 48 |
| Return on average capital employed, after tax, ROACE % | 5.0 | - | - | - |
| Return on capital employed, pre-tax, ROCE % | 6.6 | 7.1 | 2.9 | 15.5 |
| Return on equity, % | 6.3 | 7.6 | 0.9 | 19.8 |
| Equity per share, EUR | 9.86 | 9.79 | 9.22 | 9.72 |
| Cash flow per share, EUR | 1.83 | 0.55 | -0.59 | -1.38 |
| Price/earnings ratio (P/E) | 15.97 | - | - | - |
| Equity-to-assets ratio, % | 34.4 | 33.0 | 33.3 | 33.3 |
| Leverage ratio, % | 43.2 | 46.8 | 50.5 | 49.4 |
| Gearing, % | 76.2 | 88.1 | 102.2 | 97.6 |
| EBITDA | 656 | 519 | 242 | 274 |
| Comparable operating profit | 355 | 278 | 119 | 79 |
| Comparable net profit | 180 | - | - | - |
| Comparable earning per share, EUR | 0.70 | - | - | - |
| Dividend per share | 0.38 | - | - | - |
| Dividend payout ratio, % | 62.1 | - | - | - |
| Dividend yield, % | 3.9 | - | - | - |
| Average number of shares | 255,918,686 | 255,918,686 | 255,918,686 | 255,918,686 |
| Number of shares at the end of the period | 255,918,686 | 255,918,686 | 255,918,686 | 255,918,686 |
| Average number of personnel | 5,031 | 5,035 | 4,985 | 4,881 |
| KEY FINANCIAL INDICATORS - Published | ||||
| 31 Dec 2012 | 30 Sep 2012 | 30 June 2012 | 31 March 2012 | |
| Capital employed, MEUR | 4,923 | 5,137 | 4,946 | 5,052 |
| Interest-bearing net debt, MEUR | 1,935 | 2,222 | 2,428 | 2,442 |
| Capital expenditure and investment in shares, MEUR | 292 | 211 | 160 | 48 |
| Return on average capital employed, after tax, ROACE % | 4.9 | - | - | - |
| Return on capital employed, pre-tax, ROCE % | 6.5 | 6.9 | 2.7 | 15.2 |
| Return on equity, % | 6.3 | 7.3 | 0.7 | 19.4 |
| Equity per share, EUR | 10.01 | 9.90 | 9.30 | 9.77 |
| Cash flow per share, EUR | 1.83 | 0.55 | -0.59 | -1.38 |
| Price/earnings ratio (P/E) | 15.96 | - | - | - |
| Equity-to-assets ratio, % | 35.0 | 33.4 | 33.6 | 33.5 |
| Leverage ratio, % | 42.9 | 46.6 | 50.3 | 49.3 |
| Gearing, % | 75.1 | 87.2 | 101.3 | 97.1 |
| EBITDA | 653 | 511 | 237 | 271 |
| Comparable operating profit | 352 | 270 | 114 | 76 |
| Comparable net profit | 180 | - | - | - |
| Comparable earning per share, EUR | 0.70 | - | - | - |
| Dividend per share | 0.38 | - | - | - |
| Dividend payout ratio, % | 62.1 | - | - | - |
| Dividend yield, % | 3.9 | - | - | - |
| Average number of shares | 255,918,686 | 255,918,686 | 255,918,686 | 255,918,686 |
| Number of shares at the end of the period | 255,918,686 | 255,918,686 | 255,918,686 | 255,918,686 |
| Average number of personnel | 5,031 | 5,035 | 4,985 | 4,881 |
| RECONCONSOLIDATION BETWEEN RESTATED AND PUBLISHED KEY FINANCIAL INDICATORS | ||||
| 31 Dec 2012 | 30 Sep 2012 | 30 June 2012 | 31 March 2012 | |
| Capital employed, MEUR | -38 | -26 | -20 | -15 |
| Interest-bearing net debt, MEUR | 0 | 0 | 0 | 0 |
| Capital expenditure and investment in shares, MEUR | 0 | 0 | 0 | 0 |
| Return on average capital employed, after tax, ROACE % | 0.10 | 0.00 | 0.00 | 0.00 |
| Return on capital employed, pre-tax, ROCE % | 0.1 | 0.2 | 0.2 | 0.3 |
| Return on equity, % | 0.0 | 0.3 | 0.2 | 0.4 |
| Equity per share, EUR | -0.15 | -0.11 | -0.08 | -0.05 |
| Cash flow per share, EUR | 0.00 | 0.00 | 0.00 | 0.00 |
| Price/earnings ratio (P/E) | 0.01 | 0.00 | 0.00 | 0.00 |
| Equity-to-assets ratio, % | -0.6 | -0.4 | -0.3 | -0.2 |
| Leverage ratio, % | 0.3 | 0.2 | 0.2 | 0.1 |
| Gearing, % | 1.1 | 0.9 | 0.9 | 0.5 |
| EBITDA | 3.0 | 8.0 | 5.0 | 3.0 |
| Comparable operating profit | 3.0 | 8.0 | 5.0 | 3.0 |
| Comparable net profit | 0.0 | - | - | - |
| Comparable earning per share, EUR | 0.00 | - | - | - |
| Dividend per share | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend payout ratio, % | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend yield, % | 0.00 | 0.00 | 0.00 | 0.00 |
| Average number of shares | 0 | 0 | 0 | 0 |
| Number of shares at the end of the period | 0 | 0 | 0 | 0 |
| Average number of personnel | 0 | 0 | 0 | 0 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
SEGMENT INFORMATION - Restated
| REVENUE | |||||||
|---|---|---|---|---|---|---|---|
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 13,764 | 3,607 | 10,157 | 3,389 | 6,768 | 3,224 | 3,544 |
| Renewable Fuels | 2,163 | 505 | 1,658 | 597 | 1,061 | 595 | 466 |
| Oil Retail | 4,895 | 1,258 | 3,637 | 1,266 | 2,371 | 1,181 | 1,190 |
| Others | 199 | 45 | 154 | 48 | 106 | 54 | 52 |
| Eliminations | -3,168 | -818 | -2,350 | -795 | -1,555 | -757 | -798 |
| Total | 17,853 | 4,597 | 13,256 | 4,505 | 8,751 | 4,297 | 4,454 |
| OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 491 | 128 | 363 | 248 | 115 | -80 | 195 |
| Renewable Fuels | -183 | -43 | -140 | -73 | -67 | -59 | -8 |
| Oil Retail | 58 | 5 | 53 | 23 | 30 | 15 | 15 |
| Others | -42 | -40 | -2 | 2 | -4 | 3 | -7 |
| Eliminations | 0 | 2 | -2 | -4 | 2 | 6 | -4 |
| Total | 324 | 52 | 272 | 196 | 76 | -115 | 191 |
| COMPARABLE OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 396 | 116 | 280 | 154 | 126 | 49 | 77 |
| Renewable Fuels | -56 | -2 | -54 | -19 | -35 | -33 | -2 |
| Oil Retail | 58 | 5 | 53 | 23 | 30 | 15 | 15 |
| Others | -43 | -42 | -1 | 3 | -4 | 3 | -7 |
| Eliminations | 0 | 0 | 0 | -2 | 2 | 6 | -4 |
| Total | 355 | 77 | 278 | 159 | 119 | 40 | 79 |
| DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 187 | 46 | 141 | 46 | 95 | 47 | 48 |
| Renewable Fuels | 99 | 26 | 73 | 24 | 49 | 25 | 24 |
| Oil Retail | 33 | 9 | 24 | 8 | 16 | 8 | 8 |
| Others | 13 | 4 | 9 | 3 | 6 | 3 | 3 |
| Total | 332 | 85 | 247 | 81 | 166 | 83 | 83 |
| CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 180 | 55 | 125 | 32 | 93 | 69 | 24 |
| Renewable Fuels | 51 | 7 | 44 | 3 | 41 | 26 | 15 |
| Oil Retail | 36 | 11 | 25 | 10 | 15 | 11 | 4 |
| Others | 25 | 8 | 17 | 6 | 11 | 6 | 5 |
| Total | 292 | 81 | 211 | 51 | 160 | 112 | 48 |
| TOTAL ASSETS | 31 Dec | 30 Sep | 30 June | 31 March | |||
| MEUR | 2012 | 2012 | 2012 | 2012 | |||
| Oil Products | 3,847 | 4,052 | 3,750 | 4,097 | |||
| Renewable Fuels | 2,134 | 2,160 | 2,264 | 2,349 | |||
| Oil Retail | 677 | 702 | 629 | 674 | |||
| Others | 417 | 431 | 433 | 419 | |||
| Unallocated assets | 609 | 591 | 352 | 312 | |||
| Eliminations | -286 | -291 | -283 | -321 | |||
| Total | 7,398 | 7,645 | 7,145 | 7,530 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
| NET ASSETS | ||||
|---|---|---|---|---|
| 31 Dec | 30 Sep | 30 June | 31 March | |
| MEUR | 2012 | 2012 | 2012 | 2012 |
| Oil Products | 2,252 | 2,451 | 2,403 | 2,558 |
| Renewable Fuels | 1,860 | 1,857 | 2,039 | 2,122 |
| Oil Retail | 345 | 348 | 313 | 344 |
| Others | 260 | 297 | 286 | 182 |
| Eliminations | -3 | -4 | -2 | -7 |
| Total | 4,714 | 4,949 | 5,039 | 5,199 |
| RETURN ON NET ASSETS, % | ||||
| 31 Dec | 30 Sep | 30 June | 31 March | |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 20.6 | 20.1 | 9.6 | 32.6 |
| Renewable Fuels | -9.3 | -9.4 | -6.6 | -1.6 |
| Oil Retail | 17.3 | 21.2 | 18.3 | 17.9 |
| COMPARABLE RETURN ON NET ASSETS, % | ||||
| 31 Dec | 30 Sep | 30 June | 31 March | |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 16.6 | 15.5 | 10.5 | 12.9 |
| Renewable Fuels | -2.8 | -3.6 | -3.4 | -0.4 |
| Oil Retail | 17.3 | 21.2 | 18.3 | 17.9 |
QUARTERLY SEGMENT INFORMATION
| QUARTERLY REVENUE | ||||
|---|---|---|---|---|
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 3,607 | 3,389 | 3,224 | 3,544 |
| Renewable Fuels | 505 | 597 | 595 | 466 |
| Oil Retail | 1,258 | 1,266 | 1,181 | 1,190 |
| Others | 45 | 48 | 54 | 52 |
| Eliminations | -818 | -795 | -757 | -798 |
| Total | 4,597 | 4,505 | 4,297 | 4,454 |
| QUARTERLY OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 128 | 248 | -80 | 195 |
| Renewable Fuels | -43 | -73 | -59 | -8 |
| Oil Retail | 5 | 23 | 15 | 15 |
| Others | -40 | 2 | 3 | -7 |
| Eliminations | 2 | -4 | 6 | -4 |
| Total | 52 | 196 | -115 | 191 |
| QUARTERLY COMPARABLE OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 116 | 154 | 49 | 77 |
| Renewable Fuels | -2 | -19 | -33 | -2 |
| Oil Retail | 5 | 23 | 15 | 15 |
| Others | -42 | 3 | 3 | -7 |
| Eliminations | 0 | -2 | 6 | -4 |
| Total | 77 | 159 | 40 | 79 |
| QUARTERLY DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 46 | 46 | 47 | 48 |
| Renewable Fuels | 26 | 24 | 25 | 24 |
| Oil Retail | 9 | 8 | 8 | 8 |
| Others | 4 | 3 | 3 | 3 |
| Total | 85 | 81 | 83 | 83 |
| QUARTERLY CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 55 | 32 | 69 | 24 |
| Renewable Fuels | 7 | 3 | 26 | 15 |
| Oil Retail | 11 | 10 | 11 | 4 |
| Others | 8 | 6 | 6 | 5 |
| Total | 81 | 51 | 112 | 48 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
SEGMENT INFORMATION - Published
| REVENUE | |||||||
|---|---|---|---|---|---|---|---|
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 13,764 | 3,607 | 10,157 | 3,389 | 6,768 | 3,224 | 3,544 |
| Renewable Fuels | 2,163 | 505 | 1,658 | 597 | 1,061 | 595 | 466 |
| Oil Retail | 4,895 | 1,258 | 3,637 | 1,266 | 2,371 | 1,181 | 1,190 |
| Others | 199 | 45 | 154 | 48 | 106 | 54 | 52 |
| Eliminations | -3,168 | -818 | -2,350 | -795 | -1,555 | -757 | -798 |
| Total | 17,853 | 4,597 | 13,256 | 4,505 | 8,751 | 4,297 | 4,454 |
| OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 491 | 128 | 363 | 248 | 115 | -80 | 195 |
| Renewable Fuels | -183 | -43 | -140 | -73 | -67 | -59 | -8 |
| Oil Retail | 58 | 5 | 53 | 23 | 30 | 15 | 15 |
| Others | -45 | -35 | -10 | -1 | -9 | 1 | -10 |
| Eliminations | 0 | 2 | -2 | -4 | 2 | 6 | -4 |
| Total | 321 | 57 | 264 | 193 | 71 | -117 | 188 |
| COMPARABLE OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 396 | 116 | 280 | 154 | 126 | 49 | 77 |
| Renewable Fuels | -56 | -2 | -54 | -19 | -35 | -33 | -2 |
| Oil Retail | 58 | 5 | 53 | 23 | 30 | 15 | 15 |
| Others | -46 | -37 | -9 | 0 | -9 | 1 | -10 |
| Eliminations | 0 | 0 | 0 | -2 | 2 | 6 | -4 |
| Total | 352 | 82 | 270 | 156 | 114 | 38 | 76 |
| DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 187 | 46 | 141 | 46 | 95 | 47 | 48 |
| Renewable Fuels | 99 | 26 | 73 | 24 | 49 | 25 | 24 |
| Oil Retail | 33 | 9 | 24 | 8 | 16 | 8 | 8 |
| Others | 13 | 4 | 9 | 3 | 6 | 3 | 3 |
| Total | 332 | 85 | 247 | 81 | 166 | 83 | 83 |
| CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 180 | 55 | 125 | 32 | 93 | 69 | 24 |
| Renewable Fuels | 51 | 7 | 44 | 3 | 41 | 26 | 15 |
| Oil Retail | 36 | 11 | 25 | 10 | 15 | 11 | 4 |
| Others | 25 | 8 | 17 | 6 | 11 | 6 | 5 |
| Total | 292 | 81 | 211 | 51 | 160 | 112 | 48 |
| TOTAL ASSETS | 31 Dec | 30 Sep | 30 June | 31 March | |||
| MEUR | 2012 | 2012 | 2012 | 2012 | |||
| Oil Products | 3,847 | 4,052 | 3,750 | 4,097 | |||
| Renewable Fuels | 2,134 | 2,160 | 2,264 | 2,349 | |||
| Oil Retail | 677 | 702 | 629 | 674 | |||
| Others | 417 | 431 | 433 | 419 | |||
| Unallocated assets | 596 | 583 | 346 | 308 | |||
| Eliminations | -286 | -291 | -283 | -321 | |||
| Total | 7,385 | 7,637 | 7,139 | 7,526 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
| NET ASSETS | ||||
|---|---|---|---|---|
| MEUR | 31 Dec | 30 Sep | 30 June | 31 March |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 2,252 | 2,451 | 2,403 | 2,558 |
| Renewable Fuels | 1,860 | 1,857 | 2,039 | 2,122 |
| Oil Retail | 345 | 348 | 313 | 344 |
| Others | 311 | 331 | 312 | 200 |
| Eliminations | -3 | -4 | -2 | -7 |
| Total | 4,765 | 4,983 | 5,065 | 5,217 |
| RETURN ON NET ASSETS, % | ||||
| 31 Dec | 30 Sep | 30 June | 31 March | |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 20.6 | 20.1 | 9.6 | 32.6 |
| Renewable Fuels | -9.3 | -9.4 | -6.6 | -1.6 |
| Oil Retail | 17.3 | 21.2 | 18.3 | 17.9 |
| COMPARABLE RETURN ON NET ASSETS, % | ||||
| 31 Dec | 30 Sep | 30 June | 31 March | |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 16.6 | 15.5 | 10.5 | 12.9 |
| Renewable Fuels | -2.8 | -3.6 | -3.4 | -0.4 |
| Oil Retail | 17.3 | 21.2 | 18.3 | 17.9 |
QUARTERLY SEGMENT INFORMATION
| QUARTERLY REVENUE | ||||
|---|---|---|---|---|
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 3,607 | 3,389 | 3,224 | 3,544 |
| Renewable Fuels | 505 | 597 | 595 | 466 |
| Oil Retail | 1,258 | 1,266 | 1,181 | 1,190 |
| Others | 45 | 48 | 54 | 52 |
| Eliminations | -818 | -795 | -757 | -798 |
| Total | 4,597 | 4,505 | 4,297 | 4,454 |
| QUARTERLY OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 128 | 248 | -80 | 195 |
| Renewable Fuels | -43 | -73 | -59 | -8 |
| Oil Retail | 5 | 23 | 15 | 15 |
| Others | -35 | -1 | 1 | -10 |
| Eliminations | 2 | -4 | 6 | -4 |
| Total | 57 | 193 | -117 | 188 |
| QUARTERLY COMPARABLE OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 116 | 154 | 49 | 77 |
| Renewable Fuels | -2 | -19 | -33 | -2 |
| Oil Retail | 5 | 23 | 15 | 15 |
| Others | -37 | 0 | 1 | -10 |
| Eliminations | 0 | -2 | 6 | -4 |
| Total | 82 | 156 | 38 | 76 |
| QUARTERLY DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 46 | 46 | 47 | 48 |
| Renewable Fuels | 26 | 24 | 25 | 24 |
| Oil Retail | 9 | 8 | 8 | 8 |
| Others | 4 | 3 | 3 | 3 |
| Total | 85 | 81 | 83 | 83 |
| QUARTERLY CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 55 | 32 | 69 | 24 |
| Renewable Fuels | 7 | 3 | 26 | 15 |
| Oil Retail | 11 | 10 | 11 | 4 |
| Others | 8 | 6 | 6 | 5 |
| Total | 81 | 51 | 112 | 48 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
RECONCONSOLIDATION BETWEEN RESTATED AND PUBLISHED SEGMENT INFORMATION
| REVENUE | |||||||
|---|---|---|---|---|---|---|---|
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Eliminations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| Eliminations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| COMPARABLE OPERATING PROFIT | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| Eliminations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | -5 | 8 | 3 | 5 | 2 | 3 |
| DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | |||||||
| MEUR | 1-12/2012 | 10-12/2012 | 1-9/2012 | 7-9/2012 | 1-6/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| TOTAL ASSETS | 31 Dec | 30 Sep | 30 June | 31 March | |||
| MEUR | 2012 | 2012 | 2012 | 2012 | |||
| Oil Products | 0 | 0 | 0 | 0 | |||
| Renewable Fuels | 0 | 0 | 0 | 0 | |||
| Oil Retail | 0 | 0 | 0 | 0 | |||
| Others | 0 | 0 | 0 | 0 | |||
| Unallocated assets | 13 | 8 | 6 | 4 | |||
| Eliminations | 0 | 0 | 0 | 0 | |||
| Total | 13 | 8 | 6 | 4 |
NESTE OIL'S COMPARATIVES FOR JAN 1- DEC 31, 2012
| NET ASSETS | 31 Dec | 30 Sep | 30 June | 31 March |
|---|---|---|---|---|
| MEUR | 2012 | 2012 | 2012 | 2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | -51 | -34 | -26 | -18 |
| Eliminations | 0 | 0 | 0 | 0 |
| Total | -51 | -34 | -26 | -18 |
| RETURN ON NET ASSETS, % | 31 Dec | 30 Sep | 30 June | 31 March |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 0.0 | 0.0 | 0.0 | 0.0 |
| Renewable Fuels | 0.0 | 0.0 | 0.0 | 0.0 |
| Oil Retail | 0.0 | 0.0 | 0.0 | 0.0 |
| COMPARABLE RETURN ON NET ASSETS, % | 31 Dec | 30 Sep | 30 June | 31 March |
| 2012 | 2012 | 2012 | 2012 | |
| Oil Products | 0.0 | 0.0 | 0.0 | 0.0 |
| Renewable Fuels | 0.0 | 0.0 | 0.0 | 0.0 |
| Oil Retail | 0.0 | 0.0 | 0.0 | 0.0 |
QUARTERLY SEGMENT INFORMATION
| QUARTERLY REVENUE | ||||
|---|---|---|---|---|
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 |
| Eliminations | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 |
| QUARTERLY OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | -5 | 3 | 2 | 3 |
| Eliminations | 0 | 0 | 0 | 0 |
| Total | -5 | 3 | 2 | 3 |
| QUARTERLY COMPARABLE OPERATING PROFIT | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | -5 | 3 | 2 | 3 |
| Eliminations | 0 | 0 | 0 | 0 |
| Total | -5 | 3 | 2 | 3 |
| QUARTERLY DEPRECIATION, AMORTIZATION AND IMPAIRMENTS | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 |
| QUARTERLY CAPITAL EXPENDITURE AND INVESTMENTS IN SHARES | ||||
| --- | --- | --- | --- | --- |
| MEUR | 10-12/2012 | 7-9/2012 | 4-6/2012 | 1-3/2012 |
| Oil Products | 0 | 0 | 0 | 0 |
| Renewable Fuels | 0 | 0 | 0 | 0 |
| Oil Retail | 0 | 0 | 0 | 0 |
| Others | 0 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 | 0 |