SAPPI LTD (SAP) 6-K

Abridging notes
(a) This represents the aggregation of change in stocks of finished goods and work in progress for EUR11,107, purchases during the financial period of
EUR234,956, external services of EUR20,217, employee costs of EUR32,750, depreciation and amortisation of EUR53,928.
(b) This represents other operating income of (EUR5,355), the impairment reversal of (EUR151,000) and other operating expenses of EUR42,963.
Reclassification notes
(A)
(B)
Financial information for the Acquired Business for the 3 months ended December 2007 is included in the Acquired Businesses reviewed condensed
results, appearing elsewhere in this Circular.
The Acquired Business income statement presentation is by nature of expense while Sappi income statement presentation is by function. As a result
certain presentation reclassifications have been performed to conform to Sappi's presentation format. These reclassifications are as follows:
(1) EUR38,482 has been reallocated to selling, general and administration expenses (SG&A). These expenses include costs such as personnel,
marketing and general office expenses that are not directly related to the cost of production of goods.
(2) EUR6,910 has been reallocated to other operating (income) expenses. Included in this income (expense) function are items of income or expense
which are material by nature or amount to the operating results and require separate disclosure. Under Sappi's accounting policies, such items
would generally include profit and loss on disposal of property, investments and business, asset impairments, restructuring charges, financial
impacts of natural disasters and non-cash gains or losses on the price fair value adjustment of plantations.
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