Common use of SEGMENTED INFORMATION Clause in Contracts

SEGMENTED INFORMATION. The Company operates in three business segments: Specialties - manufacture and sale of groundwood specialty printing papers Newsprint - manufacture and sale of newsprint Pulp and containerboard - manufacture and sale of softwood pulps and containerboard Subsequent to December 31, 2001, the Company segregated its newsprint activities from those relating to groundwood specialty printing papers and reports the results of these activities separately as the Newsprint and Specialties segments. Segment information for prior periods has been restated to reflect this change. The segments are managed separately and all manufacturing facilities are located in Canada. NORSKE SKOG CANADA LIMITED -------------------------------------------------------------------------------- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS unaudited (in millions of dollars, except where otherwise stated) -------------------------------------------------------------------------------- SEGMENTED FINANCIAL INFORMATION PAPER ------------------------------------------------- PULP AND SPECIALTIES NEWSPRINT SUBTOTAL CONTAINERBOARD TOTAL ------------------------------------------------------------------------------------------ THREE MONTHS ENDED DECEMBER 31, 2002 Net sales (1) $ 216.1 120.5 336.6 69.0 405.6 Depreciation and amortization 23.5 16.3 39.8 6.8 46.6 Operating earnings (loss) (9.6) (19.3) (28.9) (7.4) (36.3) Capital expenditures 15.9 12.1 28.0 13.7 41.7 THREE MONTHS ENDED DECEMBER 31, 2001

Appears in 1 contract

Sources: Financial Highlights (Norske Skog Canada LTD)

SEGMENTED INFORMATION. The Company operates in three business segments: Specialties - manufacture and sale of groundwood specialty printing papers Newsprint - manufacture and sale of newsprint Pulp and containerboard - manufacture and sale of softwood pulps and containerboard Subsequent to December 31, 2001, the Company segregated its newsprint activities from those relating to groundwood specialty printing papers and reports the results of these activities separately as the Newsprint and Specialties segments. Segment information for prior periods has been restated to reflect this change. The segments are managed separately and all manufacturing facilities are located in Canada. NORSKE SKOG ▇▇▇▇ CANADA LIMITED -------------------------------------------------------------------------------- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS unaudited (in millions of dollars, except where otherwise stated) -------------------------------------------------------------------------------- SEGMENTED FINANCIAL INFORMATION PAPER ------------------------------------------------- PULP AND SPECIALTIES NEWSPRINT SUBTOTAL CONTAINERBOARD TOTAL ------------------------------------------------------------------------------------------ Paper -------------------------------------------- Pulp and Specialties Newsprint Subtotal containerboard Total --------------------------------------------------------------------------- THREE MONTHS ENDED DECEMBER 31SEPTEMBER 30, 2002 Net sales (1) $ 216.1 120.5 336.6 69.0 405.6 Depreciation and amortization 23.5 16.3 39.8 6.8 46.6 Operating earnings (loss) (9.6) (19.3) (28.9) (7.4) (36.3) Capital expenditures 15.9 12.1 28.0 13.7 41.7 THREE MONTHS ENDED DECEMBER 31, 20012002

Appears in 1 contract

Sources: Financial Highlights (Norske Skog Canada LTD)