Annual Report 2014
Annual Report 2014
- Suomi
- English
- In brief
- Year 2014
- Corporate governance
- Responsibility
- Investments
- 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
Other supplementary information
EUR 1000
| 2014 | 2013 | |||||
| Other contingent liabilities | ||||||
| Guarantees | ||||||
| Total amount | 0 | 323 | ||||
| Outstanding | 0 | 81 | ||||
| Undisbursed commitments | ||||||
| Contractual commitments | 146,100 | 96,900 | ||||
| Special risk finance (cumulative) | ||||||
| Decisions of the Board of Directors | 50,204 | 47,505 | ||||
| Government's indemnity | 25,129 | 23,695 | ||||
| Government's indemnity, % | 50% | 50% | ||||
| Disbursements | 18,614 | 723 | ||||
| Other | ||||||
| The company acts as a lender in financial arrangements amounting to USD 39.0 million. For USD 36.8 million the risks have been contractually transferred to other financial institutions. | ||||||
| According to the rental agreement signed on 16 March 2007 Finnfund's share of the renovation costs is about EUR 37.500. | ||||||
| Customer's funds under management | ||||||
| As of 31 December 2014 there were EUR 766,146.42 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. | ||||||
| Receivables, liabilities and transactions with related parties | ||||||
| There has been no related party transactions which come under the disclosure obligation during the financial year. | ||||||
| Exchange rates | EUR/USD | 1.2141 | ||||
| 31 December 2014 | EUR/CVE | 108.3099 | ||||
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