The Board of Directors’ proposal for measures concerning the profit for the financial period
The parent company’s profit for the financial period was EUR 93,877,875.04.
The Board of Directors proposes that, by virtue of Section 4 of the Act on the State-owned specialised Financing Company, the profit be transferred to the non-restricted reserves as follows:
To the reserve for export credit guarantee and special guarantee operations; the share of export credit guarantee and special guarantee operations EUR 100,436,476.74
To the reserve for domestic operations; the share of domestic operations EUR -6,558,601.70
In addition, the cancellation of a subordinated loan received from the owner, EUR 6,889,909.50 and remeasurement gains in defined benefit pension plans, EUR 459,470.00, were entered directly into retained earnings during the financial period. It is proposed that this sum be transferred to the reserve for domestic operations.
Sum transferred to the reserve for domestic operations, in total EUR 790,777.80.