G Shares and holdings
                     
G1 Shares and holdings in Group companies
                     
  Finnvera plc
  31 Dec 2017 31 Dec 2016
Name and domicile of the company Sector Holding of all shares, % Share of votes, % Book value EUR 1,000 Holding of all shares, % Share of votes, % Book value
EUR 1,000
Subsidiaries (holding over 50%)            
ERDF-Seed Fund Ltd, Kuopio Development and investment company 100% 100% 15,256 100.00 % 100.00 % 15,256
Finnish Export Credit Ltd, Helsinki Export financing and interest equalisation 100% 100% 20,182 100.00 % 100.00 % 20,182
Veraventure Ltd, Kuopio Development and investment company 100% 100% 48,634 100.00 % 100.00 % 48,634
                     
                     
                     
G2 Subsidiaries' shares and holdings (holding over 20%)
                     
  Finnvera plc
Name and domicile of the company Sector Year Holding of all shares, % Share of votes, %
Veraventure Ltd      
Saimaa Capital Oy Venture capital investments 2017
2016
0.00%
31.60%
0.00%
31.60%
Uudenmaan Pääomarahasto Oy   Venture capital investments 2017
2016
0.00%
41.13%
0.00%
41.13%
Wedeco Oy Ab   Venture capital investments 2017
2016
0.00%
39.80%
0.00%
39.80%
ERDF-Seed Fund Ltd      
Airmodus Oy Helsinki Research and development on other natural sciences 2017
2016
20.13%
20.13%
20.13%
20.13%
Aranda Pharma Oy Kuopio Research and development on medical sciences 2017
2016
40.00%
40.00%
40.00%
40.00%
Bone Index Finland Oy Kuopio Research and development on medical sciences 2017
2016
35.70%
34.91%
35.70%
34.91%
GlowWay Oy Ltd Pieksämäki Manufacture of electric lighting equipment 2017
2016
26.44%
24.32%
26.44%
24.32%
Hapella Oy Kiuruvesi Wholesale of other machinery for use in industry 2017
2016
21.69%
21.69%
21.69%
21.69%
Injeq Oy Tampere Manufacture of irradiation, electromedical and electrotherapeutic equipment 2017
2016
26.51%
25.23%
26.51%
25.23%
Netled Oy Honkajoki Electrical engineering design 2017
2016
25.00%
23.94%
25.00%
23.94%
Norsepower Oy Ltd Rauma Building of ships and floating structures 2017
2016
25.17%
25.17%
25.17%
25.17%
Proxion Solutions Oy Varkaus Manufacture of other electrical equipment 2017
2016
30.89%
30.89%
30.89%
30,89%
Savroc Oy Kuopio Manufacture of products not listed elsewhere 2017
2016
22.84%
20.02%
22.84%
20.02%
Silvergreen Oy Ltd Tampere Manufacture of other chemical products not listed elsewhere 2017
2016
26.61%
26.61%
26.61%
26.61%
Traplight Oy Ylöjärvi Design and manufacture of software 2017
2016
20.46%
22.60%
20.46%
23.43%
                     
                     
G3 Related party transactions, loans and receivables
                     
Related parties include the following: the parent company, its subsidiaries and associated companies; the Ministry of Economic Affairs and Employment; the Ministry of Finance; and companies outside the Finnvera Group where the State holds the majority of shares and where the Ministry of Economic Affairs and Employment exercises ownership steering. Related parties also include the members of the Supervisory Board and the Board of Directors, the Chief Executive Officer, the Executive Vice Precident and other members of the Management Group. The employment benefits received by key management personnel are presented in the Note F3.
                     
  Finnvera Group
(EUR 1,000) 31 Dec 2017 31 Dec 2016
Related party transactions, loans and receivables    
Services purchased 3,310 5,488
Interest subsidies, compensation for losses and other items from the State 23,370 29,675
Interest income 25,269 21,703
Interest expenses 43,740 59,985
Cancellation of subordinated loans 0 23,063
     
(EUR 1,000) 0 0
Related party transactions, loans and receivables    
Loans 3,036,473 2,500,398
Receivables 113,242 102,767
Long-term liabilities 1,736,453 2,297,067
Short-term liabilities 18,253 115,256
Guarantees 12,503,395 3,726,849
                     
                     
G4 Separate result of activities referred to in the Act on the State Guarantee Fund §4, and its share of the total result of Finnvera plc
                     
                     
  Finnvera plc’s profit Activities referred to in the Fund Act and their share of the profit Finnvera plc’s profit Activities referred to in the Fund Act and their share of the profit
(EUR 1,000) 31 Dec 2017 31 Dec 2017 31 Dec 2016 31 Dec 2016
Interest income 63,030   499   55,702   493  
Interest expenses -23,518 39,512 343 842 -13,277 42,425 638 1,131
Fee and commission income 150,849   106,230   164,438   120,484  
Fee and commission expenses -24,407 126,442 -23,505 82,725 -21,737 142,701 -20,989 99,495
Gains and losses from financial instruments carried at fair value through profit or loss   1,035   400   1,723   -506
Net income from investments   135   0   20   0
Other operating income   2,814   92   12,617   291
Administrative expenses                
- Wages and salaries -28,297   -7,774   -28,853   -7,500  
- Other administrative expenses -14,127 -42,424 -4,844 -12,618 -13,555 -42,408 -4,691 -12,191
Depreciation and amortisation from intangible assets, property, plant and equipment   -1,798   -579   -2,326   -585
Other operating expenses   -9,050   -578   -22,356   -977
Net impairment loss on financial assets                
- Loans and guarantees -38,949   0   -26,662   0  
- Credit loss compensation from the state 22,833   0   28,272   0  
- Export credit guarantees and special guarantees -2,291 -18,407 -2,291 -2,291 -67,416 -65,805 -67,416 -67,416
Impairment losses on other financial assets   0   0   -1,932   0
Operating profit   98,260   67,993   64,659   19,241