FINANCIAL STATEMENTS 2010 - Finnlines
FINANCIAL STATEMENTS 2010 - Finnlines FINANCIAL STATEMENTS 2010 - Finnlines
SHARES AND HOLDINGS OF PARENT COMPANY MERGED SUBSIDIARIES The following subsidiaries owned by Finnlines Plc were merged into the parent company 31 December 2010: Oy Finnlink Ab and Oy Hanseatic Shipping Ab. Merger gains and losses were net EUR +7,521 thousand. DISSOLVED SUBSIDIARIES The following subsidies owned by Finnlines Plc were dissolved during the reporting period: Kiinteistö Oy Levin Tuvat, Finnlines (Cyprus) Ltd, Finnlines Holland B V and Finnlines Russia ZAO. The dissolvings had no material effect on the result of the parent company. SHARES AND HOLDINGS Name of subsidiary Registered in Holding (%) Domestic Finnsteve Oy Ab Helsinki 100 Oy Intercarriers Ltd Helsinki 51 Foreign Finnlines Deutschland GmbH Germany 100 Finnlines UK Limited United Kingdom 100 AB Finnlines Scandinavia Ltd Sweden 100 Finnlines Polska Sp.z.o.o. Poland 100 Finnlines Danmark A/S Denmark 100 Finnlines Ship Management AB Sweden 100 Other shares and holdings Domestic Steveco Oy Hamina 19.1 Other companies (3) 66 FINNLINES PLC Financial Statements 2010 (figures in EUR thousand, if not stated otherwise)
BOARD'S PROPOSAL FOR THE USE OF THE DISTRIBUTABLE FUNDS AND SIGNATURES TO THE BOARD OF DIRECTORS' REPORT AND TO THE FINANCIAL STATEMENTS Distributable funds included in the parent company's shareholders' equity on 31 December 2010: Retained earnings EUR 92,747,356.47 Unrestricted equity reserve EUR 21,451,776.50 Result for the reporting period EUR 0.00 Distributable funds total EUR 114,199,132.97 The Board of Directors proposes to the Annual General Meeting that no dividend be paid for the reporting period ended on 31 December 2010. THE AUDITOR’S NOTE Our auditor’s report has been issued today. Helsinki, 4 March 2011 Deloitte & Touche Oy Authorized Public Audit Firm Mikael Leskinen APA Helsinki, 2 March 2011 Emanuele Grimaldi Executive Chairman Gianluca Grimaldi Diego Pacella Antti Pankakoski Olav K. Rakkenes Jon-Aksel Torgersen Uwe Bakosch President/CEO (figures in EUR thousand, if not stated otherwise) FINNLINES PLC Financial Statements 2010 67
- Page 15 and 16: egory includes assets held for trad
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- Page 21 and 22: 8. PERSONNEL EXPENSES EUR 1,000 201
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- Page 35 and 36: Finance lease liabilities Finance l
- Page 37 and 38: 31. PENSION LIABILITIES The Group
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- Page 59 and 60: 8. EXTRAORDINARY ITEMS EUR 2010 200
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SHARES AND HOLDINGS OF PARENT COMPANY<br />
MERGED SUBSIDIARIES<br />
The following subsidiaries owned by <strong>Finnlines</strong> Plc were merged into the parent company 31 December <strong>2010</strong>:<br />
Oy Finnlink Ab and Oy Hanseatic Shipping Ab. Merger gains and losses were net EUR +7,521 thousand.<br />
DISSOLVED SUBSIDIARIES<br />
The following subsidies owned by <strong>Finnlines</strong> Plc were dissolved during the reporting period: Kiinteistö Oy Levin Tuvat, <strong>Finnlines</strong><br />
(Cyprus) Ltd, <strong>Finnlines</strong> Holland B V and <strong>Finnlines</strong> Russia ZAO.<br />
The dissolvings had no material effect on the result of the parent company.<br />
SHARES AND HOLDINGS<br />
Name of subsidiary Registered in Holding (%)<br />
Domestic<br />
Finnsteve Oy Ab Helsinki 100<br />
Oy Intercarriers Ltd Helsinki 51<br />
Foreign<br />
<strong>Finnlines</strong> Deutschland GmbH Germany 100<br />
<strong>Finnlines</strong> UK Limited United Kingdom 100<br />
AB <strong>Finnlines</strong> Scandinavia Ltd Sweden 100<br />
<strong>Finnlines</strong> Polska Sp.z.o.o. Poland 100<br />
<strong>Finnlines</strong> Danmark A/S Denmark 100<br />
<strong>Finnlines</strong> Ship Management AB Sweden 100<br />
Other shares and holdings<br />
Domestic<br />
Steveco Oy Hamina 19.1<br />
Other companies (3)<br />
66 FINNLINES PLC Financial Statements <strong>2010</strong> (figures in EUR thousand, if not stated otherwise)
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