Annual Report 2015
Annual Report 2015
- Suomeksi
- In English
- In brief
- Year 2015
- Corporate governance
- Responsibility
- Investments
- Investments
- List of investments
- Direct investments
- Development impact via funds
- Banks and financial institutions
- Highlights of Finnfund's investments
- Highlights of Finnfund's investments
- Sustainable forestry in Africa
- Hotel creates hundreds of jobs in Kenya
- Cargo centre boosts Ghana's exports
- Local panelboard for Mexican homes
- Better access to finance in East Africa
- Finnish furnitures for Ethiopians
- Textile waste into business in India
- Education exports to developing countries
- 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
| 2015 | 2014 | |
| CASH FLOW FROM OPERATIONS | ||
| Payments received from operations | 55,946 | 40,857 |
| Disbursements to operations | -77,257 | -72,747 |
| Dividends received | 183 | 332 |
| Interest received | 7,601 | 6,351 |
| Interest paid | -588 | -650 |
| Payments received on other operating income | 3,008 | 2,563 |
| Payments of operating expenses | -10,377 | -9,101 |
| CASH FLOW FROM OPERATIONS (A) | -21,484 | -32,395 |
| CASH FLOW FROM INVESTMENTS | ||
| Investments in tangible and intangible assets | -165 | -138 |
| Proceeds from assets sold | 0 | 0 |
| CASH FLOW FROM INVESTMENTS (B) | -165 | -138 |
| CASH FLOW FROM FINANCING | ||
| New share issue | 10,000 | 18,025 |
| Short-term loans drawn | 6,994 | 0 |
| Short-term loans repaid | 0 | 0 |
| Long-term loans drawn | 35,082 | 0 |
| Long-term loans repaid | -4,736 | -19,515 |
| CASH FLOW FROM FINANCING (C) | 47,340 | -1,490 |
| CHANGES IN EXCHANGE RATES (D) | -1,868 | -2,150 |
| CHANGE IN LIQUID ASSETS (A+B+C+D) increase (+) decrease (-) | 23,823 | -36,173 |
| LIQUID ASSETS AT THE START OF THE FINANCIAL YEAR (1 Jan.) | 18,583 | 54,756 |
| LIQUID ASSETS AT THE END OF THE FINANCIAL YEAR (31 Dec.) | 42,406 | 18,583 |
| 23,823 | -36,173 | |
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