Other supplementary information

EUR 1000

Other contingent liabilities

The company has entered into two long-term lease agreements of its office. The term of the agreement A began on 1 January 2014 as a fixed-term tenancy for the first three years until 31 December 2016 after which it will continue as a periodic lease with a 12 months' notice. The agreement B will begin on 1 January 2016 as a fixed-term tenancy for 3 + 2 + 2 years to be terminated on 31 December 2018, 31 December 2020 or 31 December 2022 after which it will continue as a periodic lease with a 12 months' notice. Rental payments will start on 1 March 2016.

2015 2014

Payable in the next financial period 441 382

Payable later 815 282
Other commitments

The company acts as a lender in financial arrangements amounting to USD 24.9 million. For USD 23.4 million the risks have been contractually transferred to other financial institutions.

Undisbursed commitments

Contractual commitments 131,500 140,800

Special risk finance (cumulative)

Decisions of the Board of Directors 111,060 52,812

Government's indemnity 50,000 26,480

Government's indemnity, % 45% 50%

Disbursements 26,147 18,614
Receivables, liabilities and transactions with related parties

There has been no related party transactions which come under the disclosure obligation during the financial year.

Off-balance sheet assets

As of 31 December 2015 there were EUR 725,941.70 of government's funds in the company's possession. The company manages government's funds according to the agreement with the Ministry for Foreign Affairs of the implementation of the Finnpartnership business partnership programme.
Exchange rate

31 December 2015 EUR/USD 1.0887

Finnish Fund for Industrial  
Cooperation Ltd. (FINNFUND)

Uudenmaankatu 16 B
P.O. Box 391 FI-00121 Helsinki, Finland
tel. +358 9 348 434
fax +358 9 3484 3346