| Assets | — | — |
| Goodwill | 162a | 505a |
| Other intangible assets | 277a | 304a |
| Property, plant and equipment | 5,006a | 4,854a |
| Right-of-use assets | 499a | 521a |
| Forest assets | 7,227a | 7,105a |
| Biological assets | 5,243a | 4,836a |
| Forest land | 1,983a | 2,269a |
| Emission rights | 73a | 108a |
| Investments in associated companies | 954a | 926a |
| Listed securities | 11a | 9a |
| Unlisted securities | 602a | 810a |
| Non-current interest-bearing receivables | 14a | 76a |
| Deferred tax assets | 205a | 134a |
| Other non-current assets | 53a | 59a |
| Non-current assets | 15,082a | 15,411a |
| Inventories | 1,672a | 1,545a |
| Tax receivables | 31a | 31a |
| Operative receivables | 969a | 1,239a |
| Interest-bearing receivables | 47a | 64a |
| Cash and cash equivalents | 1,999a | 2,464a |
| Current assets | 4,719a | 5,343a |
| Assets held for sale | 0a | 0a |
| Total assets | 19,802a | 20,754a |
| Equity and liabilities | — | — |
| Share capital | 1,342a | 1,342a |
| Share premium | 77a | 77a |
| Invested non-restricted equity fund | 633a | 633a |
| Fair value reserve | 1,808a | 2,293a |
| Cumulative translation adjustment | -457a | -375a |
| Retained earnings | 6,735a | 7,015a |
| Equity attributable to owners of the parent | 10,139a | 10,985a |
| Non-controlling interests | -150a | -97a |
| Total equity | 9,989a | 10,889a |
| Post-employment benefit obligations | 181a | 217a |
| Provisions | 81a | 83a |
| Deferred tax liabilities | 1,416a | 1,433a |
| Non-current interest-bearing liabilities | 3,894a | 4,775a |
| Non-current operative liabilities | 10a | 11a |
| Non-current liabilities | 5,582a | 6,520a |
| Current portion of non-current debt | 1,090a | 347a |
| Interest-bearing liabilities | 788a | 657a |
| Bank overdrafts | 7a | 0a |
| Provisions | 37a | 85a |
| Operative liabilities | 2,296a | 2,211a |
| Tax liabilities | 13a | 45a |
| Current liabilities | 4,231a | 3,346a |
| Liabilities related to assets held for sale | 0a | 0a |
| Total liabilities | 9,813a | 9,865a |
| Total equity and liabilities | 19,802a | 20,754a |