Also, defence is spelled according to Standard British English. AWA's report is titled Annual Review and Summary Financial Statement, whereas the other two companies call their reports simply Annual Report. AWA mentions trading conditions, while the other two reports refer to market conditions. IP and Valmet use the word trading only when referring to stock trading. The words shares and stock are both used in the reports.
Common stock is mentioned, but the owners are almost always called shareholders.
In the Balance Sheet, all three reports use the term Shareholders' Equity. When referring to price behavior, AWA's report mentions that prices faltered, whereas the IP report describes erosion of prices or states that the prices were under pressure. Also, as AWA puts it, the margins were squeezed. In IP's report, the demand was soft. It seems that the writers of the reports have found numerous euphemisms for the fact that the companies have had hard times.