The Annual General Meeting adopted the financial statements of the Group and of the parent company for the period 1 January–31 December 2003 and approved the proposal made by the Board of Directors on the use of the parent company’s profits.
Taking into account Finnvera’s profit for the financial year, the Group’s distributable retained profits amount to EUR 29,317,239.18 and the parent company’s distributable retained profit amount to EUR 30,653,538.38. In accordance with the Board’s proposal, the profit for the year, EUR 29,812,598.75, will be transferred to the reserve fund.
The Annual General Meeting made the following decision concerning the composition of the Supervisory Board:
Mr. Markus Aaltonen, Parliamentary Counsellor, will continue to chair the Supervisory Board; Mr. Kyösti Karjula, Member of Parliament, will continue as the First Vice Chairman and Mr. Esko Kurvinen, Member of Parliament, will continue as the Second Vice Chairman.
The new members on the Supervisory Board are Members of Parliament Susanna Haapoja, Sinikka Hurskainen, Iivo Polvi, Eero Reijonen and Osmo Soininvaara.
The following members were re-elected to the Supervisory Board: Managing Director Peter Boström; Managing Director Markus Fogelholm (Finnish Bankers’ Association); Director Erik Forsman (Confederation of Finnish Industry and Employers); Director of Unit Pirjo Harjunen-Rosenholm (Finnish Confederation of Salaried Employees, STTK); Managing Director Markku von Hertzen (Confederation of Unions for Academic Professionals in Finland, AKAVA); Member of Parliament Jere Lahti; Managing Director Timo Leppänen; Deputy Chief Economist Ismo Luimula (Central Organisation of Finnish Trade Unions, SAK); Lawyer Tarja Mäntylä (Finnvera); and Association Representative Heikki Ropponen (Employers’ Confederation of Service Industries).
KPMG Wideri Oy Ab was elected regular auditor of Finnvera plc. The auditor with the main responsibility is Hannu Niilekselä, Authorised Public Accountant.
For further information:
Markku Mäkinen, Managing Director, tel. +358 20 460 7321
Juhani Sutinen, Deputy Director, tel. +358 20 460 3343