Financial Statements - Kuusakoski

17. Group holdings in other companiesCountryGroupshareholding %Parent Company IncomeStatementParent Company BalanceSheetGROUP COMPANIESAlteams Oy Finland 100Jokirantakiinteistöt Oy Finland 100Kiinteistö Oy Lahden Norokatu 5 Finland 100Kuusakoski Oy Finland 100Suomen Hissipurku Oy Finland 100Abvac AB Sweden 100Alteams Dispensing AB Sweden 100Alteams Eesti Oü Estonia 100Alteams Poland Sp. Z o.o Poland 100Alteams Stilexo AB Sweden 100Alteams Suzhou Co. Ltd. China 100Averhoff A/S Denmark 80Bjästa Återvinning AB Sweden 100Borrkompaniet i Stockholm AB Sweden 100Crown Works Ltd Great Britain 50KS Recycling AB Sweden 50Kuusakoski AS Estonia 100Kuusakoski Inc USA 100Kuusakoski Ltd Great Britain 50Kuusakoski Philadelphia LLC USA 100Kuusakoski SIA Latvia 100Kuusakoski Spolka Zo.o Poland 100Kuusakoski Sverige AB Sweden 100Kuusakoski UAB Lithuania 100Kuusakoski US LLC USA 100Petromax ZAO Russia 100R.Å.D i Sverige AB Sweden 100Swedecraft AB Sweden 100SWEEEP Kuusakoski Ltd Great Britain 50VTKK LLC USA 60ASSOCIATED COMPANIESSähkö-Saarnikannas Oy Finland 20Ashley Alteams India Private Limited India 50Vintage Tech LLC USA 40EUR million 2012 2011Revenues 1.6 1.5Other operating income 0.3 0.0Personnel expenses 1.0 1.0Other operating expenses 1.6 0.7Operating profit -0.8 -0.2Financial income and expenses 15.8 16.3Profit before extraordinary items 15.0 16.1Group contribution 1.2 0.6Profit before taxes 16.2 16.7Income taxes 0.0 0.0Net profit for the financial year 16.2 16.7NOTE TO PARENT COMPANYFINANCIAL STATEMENTSpecification of shareholders´ equityShare capital 0.1 0.1Share premium fund 0.2 0.2Retained earnings on 1 Jan 76.8 70.6Dividends paid -10.5 -10.5Retained earnings on 31 Dec 66.3 60.1Net profit for the financial year 16.2 16.7Total retained earnings on 31 Dec 82.5 76.8Total 82.8 77.1Parent company´sdistributable funds 82.5 76.8EUR million 2012 2011ASSETSFixed assets and other long-term investmentsTangible assets 1.2 0.2Investments 72.9 72.3Total 74.2 72.5Current assetsCurrent assets 9.8 0.0Short-term receivables 22.8 27.5Total 32.6 27.5SHAREHOLDERS´EQUITYAND LIABILITIES 106.7 100.1Shareholders´equityShare capital 0.1 0.1Share premium fund 0.2 0.2Retained earnings 66.3 60.1Netprofit for the year 16.2 16.7Total 82.8 77.1LiabilitiesNon-Current liabilities 6.9 0.0Current liabilities 17.1 23.0Total 24.0 23.0106.7 100.124 KEY FIGURES 2012