Stora Enso

Stora Enso Oyj Monitor

Company Name Annual Report Year
CR Monitor Issue: 
2018/0414
Company covered: 
Stora Enso Oyj
Period End: 
31 December, 2017
Report issued on 16 April 2018 covered the following practice issues:
Pronouncements
Extended disclosure in respect of new accounting standards.
Change
Change in definition of operational EBITDA.
Change
Disclosure of post balance sheet events in respect of obligations and a business disposal.
Change
Enhancement of risk disclosures including the addition of a risk heat map.

Financial instruments offset disclosures: an emerging issue under IFRS

This report considers company disclosures in relation to the offsetting of financial assets and financial liabilities following adoption of an amendment to IFRS 7 “Financial instruments: disclosures”. It covers the disclosure of financial assets and financial liabilities that are eligible for offsetting under IAS 32 “Financial instruments: presentation” plus disclosure of those subject to master netting arrangements or similar agreements for which offsetting is not permitted.   

Stora Enso Oyj Period End 31 December 2006

Stepping away from the pensions corridor
Finnish paper manufacturer Stora Enso abandons the corridor method for pensions accounting in favour of full recognition of pension gains and losses, reducing opening equity by 425 million or 5.5%.

Stora Enso Oyj Period End 31 December 2005

Emissions rights measured at fair value


Finnish paper and forest products company Stora Enso measures at fair value CO2 emission allowances received free of charge and recognises a gain on sale of €1.6 million.