Full Year Report 2002

Boliden reports a profit after financial items of SEK 111 million (SEK -3,756 m) for the full year, 2002.

The profit after financial items for the fourth quarter of 2002 totalled SEK 78 million (SEK -320 m).

Cash flow improved significantly during the fourth quarter to SEK 466 million. Cash flow for 2002 totalled SEK -14 million (SEK 391 m).

The Business Area Mining Operations reports a continued improvement in profits for the fourth quarter in comparison with the first two quarters of 2002.

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