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Report on State Annual Accounts 2017 Report Accounts Annual on State 4 Annex holdings corporate State Government of Finland publication series 23 | 2018 REPORT ON STATE SNELLMANNINKATU 1, HELSINKI PO BOX 23, 00023 GOVERNMENT, FINLAND valtioneuvosto./en/ julkaisut.valtioneuvosto. ANNUAL ACCOUNTS 2017 ISBN: 978-952-287-658-4 PDF ISBN: 978-952-287-659-1 printed ISSN: 2489-8015 PDF ISSN: 2489-6993 printed Annex 4 State corporate holdings Government of Finland publication series publication of Finland Government 23 | 2018 K 11/2018 vp Report on State Annual Accounts 2017 Annex 4 State corporate holdings Government of Finland publication series 23/2018 ISBN printed 978-952-287-659-1 ISSN printed 2489-6993 ISBN PDF 978-952-287-658-4 ISSN PDF 2489-8015 Grano Oy 2018 Description sheet Published by Prime Minister’s Office July 2018 Authors Prime Minister’s Office, Ministry of Finance Report on State Annual Accounts 2017 Annex 4 State corporate holdings Title of publication Hallituksen vuosikertomuksen 2017 liite 4 Valtion yhtiöomistus Series and publication Finnish government publication series 23/2018 number Register number VNK/1681/05/2016 Subject ISBN (printed) 978-952-287-659-1 ISSN (printed) 2489-6993 ISBN PDF 978-952-287-658-4 ISSN (PDF) 2489-8015 Website address http://urn.fi/URN:ISBN:978-952-287-658-4 (URN) Pages 79 Language English Keywords state annual accounts, financial statements Abstract As provided in section 46 of the Constitution, the Government submits to Parliament a report on the State annual accounts and information on the management of government finances and compliance with the budget including measures taken by the Government in response to the resolutions passed by Parliament. More detailed provisions on the report on the State annual accounts are set out in section 9a of the Government Act (715/2003) and sections 17 and 18 of the State Budget Act (42371988). Section 18 of the State Budget Act stipulates that the State annual accounts and information on the central government finances and the State’s financial management and operative performance included in the report on the State annual accounts shall provide true and fair information on compliance with the budget, State revenues and expenditure, the State’s financial position, and performance (true and fair view). Legislatively, the contents of the report are more specifically governed by the requirements laid down in the State Budget Decree (1243/1992). The statutory regulation of the report on the State annual accounts was updated by an amendment to the the State Budget Decree (118/2016) effective as of February 2016. The 2017 report on the State annual accounts issued by the Government consists of five sections, the actual report and four annexes: Annex 1 Financial performance by ministries Annex 2 Financial statements Annex 3 Measures taken in response to statements and opinions issued by Parliament Annex 4 State corporate holdings Publisher Prime Minister’s Office Printed by Grano Ltd., 2018 (place and time) Distributed by/ Online version: julkaisut.valtioneuvosto.fi Publication sales Publication sales: julkaisutilaukset.valtioneuvosto.fi Kuvailulehti Julkaisija Valtioneuvoston kanslia Heinäkuu 2018 Tekijät Valtioneuvoston kanslia, valtiovarainministeriö Report on State Annual Accounts 2017 Annex 4 State corporate holdings Julkaisun nimi Hallituksen vuosikertomuksen 2017 liite 4 Valtion yhtiöomistus Julkaisusarjan nimi Valtioneuvoston julkaisusarja 23/2018 ja numero Diaari/hankenumero VNK/1681/05/2016 Teema ISBN painettu 978-952-287-659-1 ISSN painettu 2489-6993 ISBN PDF 978-952-287-658-4 ISSN PDF 2489-8015 URN-osoite http://urn.fi/URN:ISBN:978-952-287-658-4 Sivumäärä 79 Kieli suomi Asiasanat vuosikertomus, tilinpäätös Tiivistelmä Valtioneuvosto antaa eduskunnalle hallituksen vuosikertomuksen perustuslain 46 §:ssä säädettynä kertomuksena hallituksen toiminnasta, valtiontalouden hoidosta ja talousarvion noudattamisesta sekä niistä toimista, joihin hallitus on eduskunnan päätösten johdosta ryhtynyt. Hallituksen vuosikertomuksesta säädetään tarkemmin valtioneuvostosta annetun lain (175/2003) 9 a §:ssä sekä valtion talousarviosta annetun lain (423/1988) 17 ja 18 §:ssä. Talousarviolain 18 §:ssä edellytetään, että hallituksen vuosikertomukseen otettavien valtiontalouden ja valtion taloudenhoidon sekä toiminnan tuloksellisuuden kuvausten tulee antaa oikeat ja riittävät tiedot talousarvion noudattamisesta, valtion tuotoista ja kuluista, valtion taloudellisesta asemasta sekä tuloksellisuudesta (oikea ja riittävä kuva). Säädöstasolla kertomuksen sisältöä määrittävät erityisesti myös valtion talousarviosta annetun asetuksen (1243/1992) vaatimukset. Hallituksen vuosikertomusta koskeva asetustasoinen sääntely on uudistettu helmikuussa 2016 voimaan tulleella valtion talousarviosta annetun asetuksen muutoksella (118/2016). Hallituksen vuosikertomus vuodelta 2017 muodostuu viidestä osasta, itse vuosikertomuksesta sekä neljästä liitteestä: Liite 1 Ministeriöiden tuloksellisuuden kuvaukset Liite 2 Tilinpäätöslaskelmat Liite 3 Toimenpiteet eduskunnan lausumien ja kannanottojen johdosta Liite 4 Valtion yhtiöomistus Kustantaja Valtioneuvoston kanslia Painopaikka ja vuosi Grano Oy, 2018 Julkaisun myynti/ Sähköinen versio: julkaisut.valtioneuvosto.fi jakaja Julkaisumyynti: julkaisutilaukset.valtioneuvosto.fi Contents 1 Key indicators .................................................................................................................. 7 2 Events in 2017 ................................................................................................................. 8 3 Ownership steering exercised by the State ...................................................................... 10 4 Remuneration................................................................................................................... 11 5 Board appointments ......................................................................................................... 12 6 Corporate social responsibility ......................................................................................... 13 7 Tax footprint ..................................................................................................................... 14 8 Facts on portfolio companies ........................................................................................... 16 9 Movement in the value of the State’s portfolio of listed equities ....................................... 18 10 Direct state holdings ......................................................................................................... 23 Finnair Plc ................................................................................................................................................... 23 Fortum Corporation ..................................................................................................................................... 24 Neste Corporation ....................................................................................................................................... 25 11 Non-listed commercial companies ................................................................................... 26 Altia Plc ....................................................................................................................................................... 26 Arctia Ltd ..................................................................................................................................................... 27 Boreal Plant Breeding Ltd ........................................................................................................................... 28 Cinia Oy ...................................................................................................................................................... 29 Finavia Corporation ..................................................................................................................................... 30 Fingrid Oyj .................................................................................................................................................. 31 Gasum Corporation ..................................................................................................................................... 32 Kemijoki Oy ................................................................................................................................................. 33 Leijona Catering Oy .................................................................................................................................... 34 Meritaito Ltd ................................................................................................................................................ 35 Motiva Oy .................................................................................................................................................... 36 Nordic Morning Plc ...................................................................................................................................... 37 Patria Plc .................................................................................................................................................... 38 Posti Group Corporation ............................................................................................................................. 39 Raskone Ltd ...............................................................................................................................................
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