2011-02-18 16:00:00 CET

2011-02-18 16:00:06 CET


REGULATED INFORMATION

Finnish English
Etteplan Oyj - Financial Statement Release

CORRECTION: ETTEPLAN OYJ'S FINANCIAL STATEMENT RELEASE JANAURY 1 - DECEMBER 31, 2010



Hollola, Finland, 2011-02-18 16:00 CET (GLOBE NEWSWIRE) -- ETTEPLAN OYJ, STOCK
EXCHANGE RELEASE, FEBRUARY 18, 2011, AT 5.00 P.M. 



CORRECTION: ETTEPLAN OYJ'S FINANCIAL STATEMENT RELEASE JANAURY 1 - DECEMBER 31,
2010 

Consolidated Statement of Comprehensive Income -table is corrected

A correction to Etteplan Oyj's Financial Statement Release published on
February 15, 2011 at 8.00 a.m. There was a mistake in the distribution of total
comprehensive income attributable to equity holders of the company and
non-controlling interests in consolidated statement of comprehensive income for
the year 2010. The total sum presenting the distribution of income in the
table, published on February 15, 2011, is presented correctly (10-12/2010: EUR
2.1 million; 1-12/2010: EUR 7.2 million). The part of total comprehensive
attributable to equity holders of the company is EUR 2.1 million for
October-December 2010 and EUR 7.2 million for the whole year 2010. 

The corrected Consolidated Statement of Comprehensive Income is the following:

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME                                  
(EUR 1 000)                                    10-12/   10-12/    1-12/    1-12/
                                                 2010     2009     2010     2009
Continuing operations                                                           
Revenue                                        30 089   25 606  104 786   98 700
Other operating income                             63     -171    1 161      392
Materials and services                         -3 019   -2 614   -9 847   -8 077
Staff costs                                   -20 431  -16 121  -73 368  -75 851
Other operating expenses                       -4 426   -5 051  -15 185  -17 155
Depreciation and amortisation                    -383     -387   -1 494   -1 596
Operating profit/loss                           1 891    1 262    6 054   -3 587
Financial income                                  372      122      761      341
Financial expenses                               -244     -354     -758     -925
Share of the result of associates                  -1      -48     -291     -134
Profit/loss before taxes                        2 019      981    5 766   -4 304
Income taxes                                     -412     -492   -1 420    1 017
Profit/loss for the financial year,             1 607      489    4 347   -3 287
continuing operations                                                           
Discontinuing operations                                                        
Profit/loss for the financial year,                 0     -549      102  -11 067
discontinuing operations                                                        
Profit/loss for the financial year              1 607      -59    4 448  -14 354
Other comprehensive income                                                      
Currency translation differences                  355       36    2 620    1 245
Change in fair value of investments               139        0      139        0
available for sale                                                              
Other comprehensive income, net of tax            494       36    2 759    1 245
Total comprehensive income/expense for the      2 100      -24    7 208  -13 109
year                                                                            
Income/expense attributable to                                                  
Equity holders of the company                   1 595      -86    4 422  -14 403
Non-controlling interests                          11       27       27       49
                                                1 607      -59    4 448  -14 354
Total comprehensive income/expense                                              
attributable to                                                                 
Equity holders of the company                   2 071      -57    7 159  -13 164
Non-controlling interests                          29       33       49       55
                                                2 100      -24    7 208  -13 109
Earnings per share calculated from the                                          
result of parent company shareholders                                           
Continuing operations                                                           
Basic earnings per share, EUR                    0,06     0,02     0,19    -0,17
Diluted earnings per share, EUR                  0,06     0,02     0,19    -0,17
Discontinuing operations                                                        
Basic earnings per share, EUR                    0,00    -0,03     0,01    -0,56
Diluted earnings per share, EUR                  0,00    -0,03     0,01    -0,56


Hollola, February 18, 2011



Etteplan Oyj

Group Communications



Additional information:

Matti Hyytiäinen, President and CEO, tel +358 400 710 968



DISTRIBUTION:

NASDAQ OMX Helsinki

Major media

www.etteplan.com



Etteplan is a specialist in industrial equipment engineering and technical
product information solutions and services. Our customers are global leaders in
their fields and operate in areas like the automotive, aerospace and defence
industries as well as the electricity generation and power transmission
sectors, and material flow management. 

Etteplan has comprehensive competence in electronics and embedded systems
development, automation and electrical design, mechanical design and technical
product information solutions and services. 

In 2010, Etteplan had turnover of EUR 104.8 million. The company currently has
approximately 1,700 employees. Etteplan's shares are listed on NASDAQ OMX
Helsinki Ltd under the ETT1V ticker.