Notes to the financial statement

Please note that the figures are written according to Finnish standards, which means that decimals are separated through commas instead of periods.

NOTES TO THE INCOME STATEMENT (€1,000)
	Group		Parent company
	2017	2016	2017	2016
1. TURNOVER
Sales of electricity	182 085	188 435	118 638	130 849
Sales of heat	22 783	26 796	1 424	1 422
Other operations	60 376	55 430	6 995	6 504
	265 244	270 661	127 057	138 775
2. OTHER INCOME
Rental income	449	473	435	478
Profit from sales of fixed assets	0	32	0	32
Other income	5 096	4 786 1)	3 595	3 725
	5 545	5 292	4 030	4 235
1) Mainly consist of liquidated damages
3. MATERIALS AND SERVICES
Energy purchases and transfer payments	129 636	139 566	59 540	69 957
Fuels	21 433	21 456	0	0
Emission rights purchases	2 613	3 952	2 608	3 948
Purchases during the financial year	153 682	164 974	62 148	73 905
Storage increase (-) or decrease (+)	-262	623	0	0
External services	2 968	2 987	1 937	1 702
	156 388	168 584	64 085	75 607
4. PERSONNEL EXPENSES
Wages and salaries	5 414	5 175	3 760	3 628
Pension expenses	1 035	998	734	724
Other personnel expenses	183	261	142	189
	6 632	6 435	4 636	4 541
Salaries and fees paid to the CEO and the Board of Directors	509	452	496	442
Average number of personnel during the financial year	71	70	45	45
5. DEPRECIATION AND IMPAIRMENT CHARGES
Depreciation according to plan
Intangible assets	460	460	60	60
Other capitalised long-term expenses	1 247	1 086	434	396
Buildings and construction	1 904	1 614	145	134
Machinery and equipment	12 182	10 327	592	398
Transmission and distribution network	3 259	1 987	1 969	1 706
Other tangible assets	72	72	0	0
Peat resources	43	27	0	0
	19 168	15 574	3 200	2 695
6. OTHER EXPENSES
Fixed energy purchases	57 541	59 829	58 701	59 829
External services	9 546	8 675	634	646
Administrative expenses	932	1 226	660	875
Rents	1 267	1 181	375	349
Materials and equipment	894	965	196	209
Other personnel expenses	507	538	418	430
Commitment expenses and public payments	860	705	122	122
Other expenses	372	4 374 1)	0	3 733 1)
	71 917	77 494	61 107	66 193
1) Mainly impairment losses on shares
Auditor's fees
Auditing	102	75	68	52
Certificates and opinions	2	3	1	0
Tax services	39	4	39	2
Other services	14	23	13	22
	158	105	122	77
7. FINANCIAL INCOME AND EXPENSES
Dividend income
From others	856	181	856	181
	856	181	856	181
Other interest and financial income
From group companies	-	-	286	428
From partnership companies	33	33	33	33
From others	463	445	355	344
	496	478	673	804
Interest expenses and other financial expenses
From partnership companies	-32	-29	0	0
To others	-5 634	-5 352	-2 671	-2 665
	-5 666	-5 381	-2 671	-2 665
Total financial income and expenses	-4 315	-4 722	-1 142	-1 679
8. INCOME TAXES
Income taxes on the actual operations	220	312	0	0
Income taxes from previous financial years	0	1	0	1
Change in deferred tax liabilities	2 452	1 531	-	-
	2 672	1 844	0	1