Fennia Annual Report 2014

Note 16. Capital and reserves

16. Capital and reserves

 

EUR 1,000

2014

         
 

Restricted

 
   

Initial fund 1 Jan./31 Dec.

7,703

         
   

Revaluation reserve 1 Jan./31 Dec.

885

         
 

Restricted in total

8,587

         
 

Non-restricted

 
   

Security reserve, 1 Jan.

197,898

     

Transfer from profit brought forward

6,722

   

Security reserve, 31 Dec.

204,619

         
   

At the disposal of the Board 1 Jan./31 Dec.

59

         
   

Profit brought forward

-

     

Profit for the previous financial year

6,722

     

Transfer to contingency fund

-6,722

   

Profit brought forward

-

         
   

Profit for the financial year

23,500

         
 

Non-restricted in total

228,179

         
 

Capital and reserves in total

236,766

         
         
 

Revaluation reserve, 31 Dec. 2014

 
   

Revaluations on investments

470

   

Revaluations on fixed assets

414

       

885

         
 

Distributable profit, 31 Dec. 2014

 
   

Profit for the financial year

23,500

   

Security reserve

204,619

   

At the disposal of the Board

59

       

228,179