Key Figures

Finnvera Group 2017 2016 2015 2014 2013
Key P&L figures:          
Net interest income, MEUR 46 50 56 52 56
Net fee and commission income, MEUR 127 144 141 137 134
Administrative expenses, MEUR 43 44 44 41 43
-Of which salaries including social security costs, MEUR 29 30 30 28 30
Impairment loss on financial assets 41 94 97 98 112
Credit loss compensation from the State, MEUR 23 28 83 64 48
Operating profit or loss, MEUR 109 69 114 101 75
Profit for the year, MEUR 107 70 111 100 75
Key Balance sheet figures:          
Loans to and receivables from customers, MEUR 5,846 6,078 5,394 4,643 3,711
Investments, MEUR 3,084 2,082 2,059 1,065 522
Liabilities, MEUR 9,023 8,290 7,297 5,673 3,755
-Of which debt securities in issue, MEUR 6,483 4,892 3,958 2,564 1,060
Shareholders’ equity, MEUR 1,314 1,207 1,121 1,009 849
 -Of which non-restricted reserves, MEUR 1,062 955 871 756 595
Balance sheet total, MEUR 10,337 9,498 8,418 6,619 4,604
Key ratios:          
Return on equity, ROE, % 8.5 6.0 10.4 10.8 9.3
Return on assets, ROA, % 1.1 0.8 1.5 1.8 1.8
Equity ratio, % 12.7 12.7 13.3 15.2 18.4
Capital adequacy ratio, Tier 1, % 25.3 22.4 18.1 17.7 15.7
Expense-income ratio, % 27.2 27.0 28.3 25.9 27.0
Average number of employees 1 383 398 404 401 415
Finnvera plc, SMEs and midcaps; financing, exposures and effectiveness          
Loans, guarantees and export credit guarantees offered, Billion EUR 1.0 1.0 1.1 1.0 0.8
Outstanding commitments, Billion EUR 2.5 2.6 2.7 2.8 3.0
Number of start-up enterprises financed 3,100 3,400 3,600 3,200 3,500
Number of new jobs created 9,100 8,700 8,600 8,100 8,700
Finnvera plc, Large Corporates; financing and exposures          
Export credit guarantees and special guarantees offered, Billion EUR 7.5 4.2 6.6 5.0 3.3
Outstanding commitments, Billion EUR 22.2 18.1 17.0 12.2 10.7
Finnvera plc, clients          
Number of clients, SMEs and midcaps and Large Corporates together 27,300 27,700 28,400 28,800 29,700
           
1 Based on monthly average for the whole period.