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FINGRID OYJ Annual Report 2012 2012
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Contents Fingrid in brief Fingrid
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Fingrid Oyj’s power transmission
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Fingrid’s strategy Our primary ob
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We gave as much transmission capaci
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Customers and stakeholders Accordin
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sion outage situations. The outages
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FINGRID’S STAKEHOLDERS AND MEASUR
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VARO LIIMASELKÄÄ! Market Committe
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Corporate finances Fingrid’s key
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congestion income resulting from th
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institutional investors. The compan
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Power system Fingrid’s transmissi
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As a result of numerous constructio
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Electricity market Fingrid’s effo
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tween Russia and Finland, Fingrid h
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Grid development and maintenance Fi
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WORK INPUT BY SERVICE PROVIDERS 650
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sion system in Western Finland is d
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Personnel The objective of Fingrid
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took part in the annual “Towards
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SUPPORT PROVIDED BY FINGRID’S R&D
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Environment Fingrid considers the r
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Our primary environmental impacts a
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agenda in site meetings. The preser
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our substations. According to Stati
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grid in the spring of 2012, Fingrid
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Corporate responsibility Supply of
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The objective of our procurement po
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FINGRID’S PRIMARY RESPONSIBILITY
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”Yhteisillä linjoilla”. Fingri
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4.5 Impact of organisation’s perf
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Society Management approach to soci
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Risk management The objective of Fi
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or project is evaluated and reporte
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ally, by using various limits and b
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desire to continuous personal devel
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The primary duties and principles o
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In 2012, the following remuneration
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Internal control The company’s in
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Sirpa Ojala M.Sc. (Tech.), born in
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3 Juha Kekkonen M.Sc. (Tech.), born
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Annual review and financial stateme
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tion. The difference of 0.1 million
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2011). Interest income was 3 (4) mi
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and management of power shortage si
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property, plant and equipment. Equi
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2. Financial statements CONSOLIDATE
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CONSOLIDATED BALANCE SHEET EQUITY A
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CONSOLIDATED CASH FLOW STATEMENT 1
- Page 101 and 102: Research and development Research a
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- Page 105 and 106: ITC compensation Inter-compensation
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- Page 109 and 110: Interest expenses on borrowings 36,
- Page 111 and 112: Decreases, depreciation according t
- Page 113 and 114: 20. TRADE RECEIVABLES AND OTHER REC
- Page 115 and 116: Balance sheet item 31 Dec 2011 Loan
- Page 117 and 118: Shareholders Number of shares qty O
- Page 119 and 120: 27. BORROWINGS, 1,000 € 2012 2011
- Page 121 and 122: 29. DERIVATIVE INSTRUMENTS, 1,000
- Page 123 and 124: 33. LEGAL PROCEEDINGS AND PROCEEDIN
- Page 125 and 126: Translation exposure, 1,000 € 201
- Page 127 and 128: 31 Dec 2011 2012 2013 2014 2015 201
- Page 129 and 130: PARENT COMPANY FINANCIAL STATEMENTS
- Page 131 and 132: PARENT COMPANY BALANCE SHEET SHAREH
- Page 133 and 134: NOTES TO THE FINANCIAL STATEMENTS O
- Page 135 and 136: 4. MATERIALS AND SERVICES, 1,000
- Page 137 and 138: 11. INCOME TAXES, 1,000 € 2012 20
- Page 139 and 140: Other tangible assets Cost at 1 Jan
- Page 141 and 142: Number of shares, qty Series A shar
- Page 143 and 144: 24. LOANS FALLING DUE FOR PAYMENT I
- Page 145 and 146: 33. SEPARATION OF BUSINESSES IN ACC
- Page 147 and 148: LIABILITIES Current liabilities Lia
- Page 151: STOCK EXCHANGE RELEASES IN 2012 20
- Page 155 and 156: Graphic design and layout: Mainos-