Annual Report 2017
Annual Report 2017
- Suomeksi
- In English
- Year 2017
- Corporate governance
- Responsibility
- Investments
- Investments
- List of investments
- Map of investments
- Emphasis on direct investments
- Equity funds as a channel to difficult markets
- Banks and financial institutions
- Highlights of Finnfund's investments
- Highlights of Finnfund's investments
- Microcredit brings a safer future for Cambodian farmers
- JUMO brings financial services to mobile users
- Developing agriculture to boost smallholder harvests and incomes
- Clean solar energy in rural Honduras
- Finnish company turned defeat into victory in Ethiopia
- Solar energy for African entrepreneurs
- Financials
- Financials
- Board of Directors' report
- Profit and loss account
- Balance sheet
- Cash flow statement
- Accounting policy
- Notes to the profit and loss account
- Notes to the balance sheet
- Other supplementary information
- Signatures of Board of Directors' report and financial statements
- Auditor's report
- Statement of the Supervisory Board
Financials
- Board of Directors' report
- Profit and loss account
- Balance sheet
- Cash flow statement
- Accounting policy
- Notes to the profit and loss account
- Notes to the balance sheet
- Other supplementary information
- Signatures of Board of Directors' report and financial statements
- Auditor's report
- Statement of the Supervisory Board
Cash flow statement
EUR 1 000
| 2017 | 2016 | |
| CASH FLOW FROM OPERATIONS | ||
| Payments received from operations | 41,851 | 44,116 |
| Disbursements to operations | -114,062 | -80,744 |
| Dividends received | 6,116 | 493 |
| Interest received | 10,975 | 9,116 |
| Interest paid | -1,602 | -1,084 |
| Payments received on other operating income | 3,323 | 3,227 |
| Payments of operating expenses | -17,005 | -14,250 |
| CASH FLOW FROM OPERATIONS (A) | -70,404 | -39,126 |
| CASH FLOW FROM INVESTMENTS | ||
| Investments in tangible and intangible assets | 0 | -193 |
| Proceeds from assets sold | 0 | 0 |
| CASH FLOW FROM INVESTMENTS (B) | 0 | -193 |
| CASH FLOW FROM FINANCING | ||
| Short-term loans drawn | 6,999 | 54,981 |
| Short-term loans repaid | -54,981 | -6,994 |
| Long-term loans drawn | 109,687 | 0 |
| Long-term loans repaid | -5,059 | -4,899 |
| New share issue | 9,999 | 0 |
| CASH FLOW FROM FINANCING (C) | 66,645 | 43,088 |
| CHANGES IN EXCHANGE RATES (D) | 4,920 | -1,976 |
| CHANGE IN LIQUID ASSETS (A+B+C+D) increase (+) decrease (-) | 1,161 | 1,793 |
| LIQUID ASSETS AT THE START OF THE FINANCIAL YEAR (1 Jan.) | 44,199 | 42,406 |
| LIQUID ASSETS AT THE END OF THE FINANCIAL YEAR (31 Dec.) | 45,360 | 44,199 |
| 1,161 | 1,793 | |
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
www.finnfund.fi