Note 9 - Restructuring expenses/Allocation to restructuring reserve

During the year, restructuring costs of SEK 113 m were incurred. SEK 83 m of this amount is attributable to the planned closure of the hygiene products unit within Tissue. It relates primarily to impairment write-downs of fixed assets and, to a certain degree, also inventory. It is estimated that the total closure of the unit will be completed in the first quarter of 2014.

In addition, SEK 12 m is attributable to the previously announced restructuring program to enhance Duni's future competitiveness, while a further SEK 18 m relate to costs incurred in conjunction with the change in CEO, restructuring on certain export markets, as well as write-downs of other fixed assets.

Restructuring expenses are included in each function as follows:

	Group		Parent Company
SEK m	2012	2011	2012	2011
Costs of goods sold	14	2	-	-
Selling expenses	12	-	12	-
Administrative expenses	10	2	-	-
Other operating expenses	77	2	17	-2
Total restructuring expenses	113	6	28	-2

Allocation to restructuring reserve:

	Group		Parent Company
SEK m	2012	2011	2012	2011

Opening balance, restructuring reserve	11	12	5	11
Utilized reserve	-15	-5	-6	-4
Reversal of reserve	-1	-2	-1	-2
Allocations for the year	22	6	8	-
Closing balance, restructuring reserve	17	11	6	5
Of which short-term	17	11	6	5

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