a d i n g v l u e t o m s utokumpu annual report 1996 outokumpu 19962 is versatile metals group operating worldwide in its business focuses on base production stainless steel copper products and technology traditional areas of core competence recognized as one the industry leaders this position also from which derives mission our task to put expertise both producer supplier use responsible thus contribute meeting world need for all operations underscores crucial importance customers good profitability responsibility environment values emphasize continuous improvement an essential prerequisite securing competitiveness 3 cover prof eero hiironen 1980 wave reeds detail sculpted polarit aisi 316 acid proof financing management financial risks 40 metal price 43 statements consolidated income statement 45 balance sheet 46 cash flows