Financials

Profit and loss account

EUR 1 000

			Note	1 Jan. - 31 Dec. 2017	1 Jan. - 31 Dec. 2016
Other operating income			1	1,538	1,600
Staff expenses			2
	Wages and salaries		3	-6,131	-4,784
	Social security expenses
		Pension expenses		-1,062	-924
		Other social security expenses		-386	-277
	Social security expenses			-1,448	-1,201
Staff expenses				-7,579	-5,986
Depreciation according to plan			4	-121	-188
Other operating expenses			5 6	-4,138	-4,405
OPERATING LOSS				-10,300	-8,979
Financial income
	Income from participating interests			12,981	297
	Income from other investments			7,912	7,121
	Other interest and financial income			46,496	22,462
Financial income total				67,390	29,879
Reduction in value of investments				-9,239	972
Financial expenses
	Interest and other financial expenses			-45,286	-21,515
Financial income and expenses			7	12,865	9,336
PROFIT BEFORE TAXES				2,565	358
Income taxes			8	-572	-18
PROFIT FOR THE FINANCIAL YEAR				1,993	340

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