Profit and loss account

EUR 1 000




Note 1 Jan. - 31 Dec. 2012 1 Jan. - 31 Dec. 2011
Other operating income 1 1,203 1,388
Staff expenses 2


Wages and salaries 3 -3,636 -3,414

Social security expenses




Pension expenses
-613 -558


Other social security expenses
-211 -171

Social security expenses
-824 -729
Staff expenses
-4,460 -4,143
Depreciation according to plan 4 -67 -229
Other operating charges 5 6 -2,449 -2,694
OPERATING LOSS
-5,774 -5,678
Financial income



Income from participating interests
2,817 2,998

Income from other investments
3,887 8,754

Other interest and financial income
13,291 18,198
Financial income total
19,995 29,950
Reduction in value of investments
-5,106 -1,826
Financial expenses



Interest and other financial expenses
-7,487 -12,032
Financial income and expenses 7 7,402 16,092
PROFIT BEFORE TAXES
1,628 10,414
Income taxes 8 -387 -1,197
PROFIT FOR THE FINANCIAL YEAR
1,241 9,217
 
 
Finnfund

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