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 |