2009-04-14 11:00:00 CEST

2009-04-14 11:02:23 CEST


REGULATED INFORMATION

English
TietoEnator Oyj - Company Announcement

Tieto's comparison figures for 2008 in accordance with the new business structure


TietoEnator Corporation Stock Exchange Release 14 April 2009, 12.00
am EET

Tieto's new business structure and operating model took effect at the
beginning of 2009. The new structure is based on country operations,
industries and service lines. In line with Tieto's new operating
model, internal reporting and the IFRS requirements, Tieto has
adopted new financial reporting structure at the beginning of 2009.
The countries will be the main operating segments and the reporting
will cover Finland, Sweden and International. Reportable segments are
defined based on IFRS8, 'Operating Segments'. On these segments,
Tieto will disclose a range of quarterly figures as required by the
IFRS.

In addition to country reporting, Tieto will disclose the net sales
by customer segments, which are telecom, finance and other segments.
In 2008, Tieto reported the net sales by business area and customer
segment. Deviating from the IFRS8, Tieto will start to report the
Group net sales by products and services in 2010.

The new standard IFRS8, 'Operating Segments', which replaces IAS 14,
is adopted by Tieto in 2009. The new standard requires a "management
approach", under which segment information is presented on the same
basis as that used for internal reporting purposes. The number of
reportable segments, as well as the manner in which the segments are
reported, will be changed to conform with internal reporting. In a
matrix organization, the company shall determine the reportable
operating segments so that the company can provide sufficient
information to evaluate the nature and financial effects of the
business activities in which it engages and the economic environments
in which it operates.

The first interim report of 2009 to be published on 24 April 2009
will be prepared in accordance with the new reporting structure.
Tieto's business area based financial reporting for 2008 has been
adjusted for the changes. The tables below are also available in
excel format at www.tieto.com/Financials/Reporting changes


Net sales by country, EUR million
(reportable segment)
                                           2008 2008 2008  2008  2008
                                            1-3  4-6  7-9 10-12  1-12
Finland                                     232  230  198   244   905
Sweden                                      141  144  123   141   548
International                               135  144  140   152   571
Group elimination incl. other               -40  -37  -36   -45  -158
Group total                                 468  480  425   492 1 866





Operating profit (EBIT) by
country, EUR million
                                     2008   2008   2008   2008   2008
                                      1-3    4-6    7-9  10-12   1-12
Finland                              30.0   32.6   26.3   28.7  117.6
Sweden                                9.7    7.4   14.1   17.6   48.7
International                       - 2.7    2.1    5.2  - 0.9    3.8
Countries total                      37.0   42.1   45.6   45.4  170.2
Group operations incl. other       - 12.4 - 12.6 - 11.7 - 21.9 - 58.6
Operating profit (EBIT)              24.6   29.6   33.9   23.6  111.6


Operating margin (EBIT) by
country, %
                                     2008   2008   2008   2008   2008
                                      1-3    4-6    7-9  10-12   1-12
Finland                              12.9   14.2   13.3   11.8   13.0
Sweden                                6.9    5.2   11.5   12.5    8.9
International                        -2.0    1.4    3.7   -0.6    0.7
Countries total                       7.9    8.8   10.7    9.2    9.1

Operating margin (EBIT)               5.3    6.2    8.0    4.8    6.0




Net sales by customer segment, EUR million
                                           2008 2008 2008  2008  2008
                                            1-3  4-6  7-9 10-12  1-12
Telecom                                     167  172  147   162   648
Finance                                     104  102   92   104   402
Other segments                              198  206  186   226   816
Group total                                 468  480  425   492 1 866



Total assets by country, EUR million
                                      2008       2008    2008    2008
                                    31 Mar     30 Jun  30 Sep  31 Dec
Finland                              478.4      485.5   497.7   453.4
Sweden                               314.6      315.5   289.8   291.3
International                        386.0      353.7   356.2   335.7
Group elimination                   - 21.9     - 17.4  - 17.0  - 27.3
Countries total                    1 157.1    1 137.3 1 126.8 1 053.2
Group Operations                     145.6      179.9   153.1   201.3
Total assets                       1 302.7    1 317.3 1 279.8 1 254.5


Non-current assets according to asset location, EUR
million
                                      2008       2008    2008    2008
                                    31 Mar     30 Jun  30 Sep  31 Dec
Finland                              252.7      253.3   259.3   254.3
Sweden                               153.5      154.2   148.7   132.7
Other                                164.4      163.9   166.4   155.9
Total non-current assets             570.6      571.4   574.4   542.9





Capital expenditure by country, EUR million
                     2008  2008  2008  2008  2008
                      1-3   4-6   7-9 10-12  1-12
Finland              22.9   8.2  18.4   8.5  58.0
Sweden                3.2   4.1   1.6   0.6   9.5
International         3.4   3.5   2.6   1.2  10.7
Group Operations      0.6   1.3   0.7   2.4   5.0
Group total          30.1  17.1  23.2  12.8  83.2




Depreciation, EUR million
                                2008  2008  2008  2008  2008
                                 1-3   4-6   7-9 10-12  1-12
Finland                          9.0   9.2   9.4   9.4  36.9
Sweden                           2.4   2.1   2.0   2.1   8.5
International                    1.5   1.5   1.6   1.7   6.4
Group Operations incl. other     1.0   1.1   1.0   1.1   4.1
Group total                     13.8  13.8  14.0  14.3  56.0




Amortization on allocated intangible assets
from acquisitions, EUR million
                                          2008  2008 2008  2008  2008
                                           1-3   4-6  7-9 10-12  1-12
Finland                                    0.7 - 0.4  0.1   0.1   0.5
Sweden                                     0.7   0.9  1.1   0.8   3.5
International                              0.9   2.2  1.5   1.5   6.0
Group Operations incl. other               0.2 - 0.2  0.0   0.0   0.0
Group total                                2.5   2.4  2.7   2.4  10.0




For further information, please contact:

Seppo Haapalainen, CFO, tel. +358 2072 63500
Reeta Kaukiainen, EVP, Communications and Investor Relations, tel.
+358 2072 68711,
+358 50 522 0924, reeta.kaukiainen@tieto.com

TIETOENATOR CORPORATION

DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media

Tieto is an IT service company providing IT, R&D and consulting
services. With approximately 16 000 experts, we are among the leading
IT service companies in Northern Europe and the global leader in
selected segments. We specialize in areas where we have the deepest
understanding of our customers' businesses and needs. Our superior
customer centricity and Nordic expertise set us apart from our
competitors.

Tieto is our new brand name as of 1 December 2008. The official
registered name of the company is TietoEnator Corporation.
www.tieto.com