The direct and indirect effects of taxes on societal well-being

Outokumpu contributes to the well-being of local, national and international communities through tax payments, through direct and indirect employment and by participating in other societal activities. In 2009, taxes and social security contributions paid by the Group totalled EUR 46 million, lower than in the preceding year (2008: EUR 61 million). In 2009, Outokumpu received EUR 1 million net tax return payment (2008: taxes of EUR 6 million was paid).

Taxes and social dues by country 1)
€ million 2009 2008 2007
Finland 10 11 34
Sweden 24 29 88
Other Europe 15 20 21
Other countries -3 0 19
Total 46 61 163

Notes:

1)  Accounting principles have been adjusted to better meet the GRI guidelines. The comparative figures have been restated.

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