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Capital expenditure was clearly below depreciation

Gross capital expenditure in the financial period totalled EUR 98 million (152), which comprised EUR 92 million (136) in production, logistics and information technology investments, and EUR 6 million (16) in acquisitions and investments in securities. Depreciation and amortisations for the period amounted to EUR 116 million (165).

Maintenance capital expenditure for 2011 will be in line with or slightly above depreciation. Possible acquisition opportunities may affect capital expenditure for the year.

Gross capital expenditure    
MEUR 2010 2009
Other investments 92 136
Investments in securities and acquisitions 6 16
Group 98 152