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Financial Statements - Fingrid

Financial Statements - Fingrid

35. EMISSION RIGHTS

35. EMISSION RIGHTS Fingrid was granted emission rights in total 126.3 thousand tonnes for the years 2008–2010, of which Olkiluoto power station was granted a share of 112.3 thousand tonnes (for 2005–2007: 13.4 thousand tonnes). Of this volume 3.0 thousand tonnes were used in 2008 (2007: 6.6 thousand tonnes), of which Olkiluodo power station share was 0.8 thousand tonnes. The use of emission rights did not impact the profit in 2005 to 2006, because the company only used emission rights obtained free of charge. In 2007 the company bought 2.0 thousand tonnes of emission rights, which had a minor impact on the profit. During the accounting period of 2008 the sale of emission rights amounted to 15 thousand tonnes. 36. EVENTS AFTER CLOSING DATE The Group management is not aware of such essential events after the closing date that would affect the financial statements. 44

PARENT COMPANY FINANCIAL STATEMENTS (FAS) PARENT COMPANY PROFIT AND LOSS ACCOUNT 1 Jan - 31 Dec 2008 1 Jan - 31 Dec 2007 Notes € € TURNOVER 2 382,229,533.99 332,937,877.30 Other operating income 3 2,508,339.28 1,878,021.54 Materials and services 4 -188,546,066.57 -147,150,488.67 Staff expenditure 5 -19,500,943.64 -18,718,550.62 Depreciation and amortisation expense 6 -68,775,922.62 -64,789,636.48 Other operating expenses 7, 8 -34,561,619.82 -35,184,959.82 OPERATING PROFIT 73,353,320.62 68,972,263.25 Finance income and costs 9 -32,089,027.56 -33,050,563.75 PROFIT BEFORE EXTRAORDINARY ITEMS 41,264,293.06 35,921,699.50 45 PROFIT BEFORE PROVISIONS AND TAXES 41,264,293.06 35,921,699.50 Provisions 10 -32,727,823.79 -30,698,892.27 Income taxes 11 -2,066,073.31 -1,224,275.08 PROFIT FOR THE FINANCIAL YEAR 6,470,395.96 3,998,532.15 FINGRID OYJ Financial Statements 2008

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