Financials

Profit and loss account

EUR 1 000

			Note	1 Jan. - 31 Dec. 2016	1 Jan. - 31 Dec. 2015
Other operating income			1	1,600	1,865
Staff expenses			2
	Wages and salaries		3	-4,784	-4,462
	Social security expenses
		Pension expenses		-924	-803
		Other social security expenses		-277	-287
	Social security expenses			-1,201	-1,090
Staff expenses				-5,986	-5,553
Depreciation according to plan			4	-188	-131
Other operating expenses			5 6	-4,405	-3,658
OPERATING LOSS				-8,979	-7,477
Financial income
	Income from participating interests			297	2,861
	Income from other investments			7,121	10,055
	Other interest and financial income			22,462	23,974
Financial income total				29,879	36,890
Reduction in value of investments				972	-4,994
Financial expenses
	Interest and other financial expenses			-21,515	-19,259
Financial income and expenses			7	9,336	12,637
PROFIT BEFORE TAXES				358	5,160
Income taxes			8	-18	-103
PROFIT FOR THE FINANCIAL YEAR				340	5,057

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