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G Shares and holdings
                     
G1 Shares and holdings in Group companies
                     
          Finnvera plc
          31 Dec 2016 31 Dec 2015
Name and domicile of the company Sector   Holding of all shares, % Share of votes, % Book value EUR 1,000 Holding of all shares, % Share of votes, % Book value EUR 1,000
Subsidiaries (holding over 50%)              
Seed Fund Vera Ltd, Kuopio *) Development and investment company       94.59 % 94.59 % 81,000
ERDF-Seed Fund Ltd, Kuopio *) Development and investment company 94.59 % 94.59 % 14,653     14,653
Suomen Vientiluotto Oy, Helsinki Export financing and interest equalisation 100.00 % 100.00 % 20,182 100.00 % 100.00 % 20,182
Veraventure Ltd, Kuopio Development and investment company 100.00 % 100.00 % 48,634 100.00 % 100.00 % 48,634
 
*) ERDF-Seed Fund Ltd was split off from Seed Fund Vera Ltd. Following the sale of shares, Finnvera's holding in Seed Fund Vera Ltd shrunk to 19.99%, and the company is no longer included in the Group companies.
                     
                     
G2 Subsidiaries' shares and holdings (holding over 20%)
                     
          Finnvera plc
Name and domicile of the company Sector       Year Holding of all shares, % Share of votes, % Equity EUR 1,000 Profit for the year EUR 1,000
Veraventure Oy            
Saimaa Capital Oy Venture capital investments 2016
2015
31,60%
36,63%
31,60%
36,63%
15,315 707
Uudenmaan Pääomarahasto Oy   Venture capital investments 2016
2015
41,13%
41,13%
41,13%
41,13%
12,583 27
Wedeco Oy Ab   Venture capital investments 2016
2015
39,80%
39,80%
39,80%
39,80%
13,511 300
                     
ERDF-Seed Fund Ltd            
Airmodus Oy Helsinki Other scientific research and development 2016
20,13 %
20,13 %
   
Aranda Pharma Oy Kuopio Medical research and development 2016
40,00 %
40,00 %
   
Bone Index Finland Oy Kuopio Medical research and development 2016
34,91 %
34,91 %
   
GlowWay Oy Ltd Pieksämäki Manufacture of electric lighting equipment 2016
24,32 %
24,32 %
   
Hapella Oy Kiuruvesi Wholesaling of machines used in industry 2016
21,69 %
21,69 %
   
Injeq Oy Tampere Manufacture of radiation equipment and electronic medical and therapy equipment 2016
25,23 %
25,23 %
   
Netled Oy Honkajoki Electrotechnical design 2016
23,94 %
23,94 %
   
Norsepower Oy Ltd Rauma Building of ships and floating structures 2016
25,17 %
25,17 %
   
Proxion Solutions Oy Varkaus Design and manufacture of software 2016
30,89 %
30,89 %
   
Savroc Oy Kuopio Manufacture of products not listed elsewhere 2016
20,02 %
20,02 %
   
Silvergreen Oy Ltd Tampere Manufacture of chemical products not listed elsewhere 2016
26,61 %
26,61 %
   
Traplight Oy Ylöjärvi Design and manufacture of software 2016
22,60 %
23,43 %
   
                     
                     
G3 Related party transactions, loans and receivables
 
Related parties include the following: the parent company, its subsidiaries and associated companies; the Ministry of Economic Affairs and Employment; the Ministry of Finance; and companies outside the Finnvera Group where the State holds the majority of shares and where the Ministry of Economic Affairs and Employment exercises ownership steering. Related parties also include the members of the Supervisory Board and the Board of Directors, the Chief Executive Officer, the Deputy CEO and other members of the Management Group. The employment benefits received by key management personnel are presented in the Note F3.
                Finnvera Group
(EUR 1,000)     31 Dec 2016   31 Dec 2015
Related party transactions, loans and receivables          
Services purchased     5,488   5,451
Interest subsidies, compensation for losses and other items from the State     29,675   84,681
Interest income     21,703   16,332
Interest expenses     59,985   57,297
Cancellations of subordinated loans     23,063   3,050
         
(EUR 1,000)   31 Dec 2016   31 Dec 2015
Related party transactions, loans and receivables        
Loans     2,500,398   1,641,451
Receivables     102,767   72,872
Long-term liabilities     2,297,067   2,615,590
Short-term liabilities     102,767   72,872
Guarantees     3,726,849   4,664,348
                     
                     
G4 Separate result of activities referred to in the Act on the State Guarantee Fund §4, and its share of the total result of Finnvera plc
                     
      Finnvera plc's profit Activities referred to in the Fund Act and their share of the profit Finnvera plc's profit Activities referred to in the Fund Act and their share of the profit
(EUR 1,000) 31 Dec 2016 31 Dec 2016 31 Dec 2015 31 Dec 2015
Interest income 55,702   493   56,175   409  
Interest expenses -13,277 42,425 638 1,131 -7,798 48,377 786 1,194
Fee and commission income 164,438   120,484   157,107   116,277  
Fee and commission expenses -21,737 142,701 -20,989 99,495 -16,502 140,606 -15,411 100,866
Gains and losses from financial instruments carried at fair value through profit or loss   1,723   -506   -2,281   393
Net income from investments   20   0   24   0
Other operating income   12,617   291   2,850   286
Administrative expenses                
- Wages and salaries -28,853   -7,500   -29,158   -7,194  
- Other administrative expenses -13,555 -42,408 -4,691 -12,191 -13,025 -42,183 -4,028 -11,222
Depreciation and amortization from intangible assets, property, plant and equipment   -2,326   -585   -1,012   -354
Other operating expenses   -22,356   -977   -13,075   -1,362
Net impairment loss on financial assets                
- Loans and guarantees -26,662   0   -85,459   0  
- Credit loss compensation from the state 28,272   0   82,566   0  
- Export credit guarantees and special guarantees -67,416 -65,805 -67,416 -67,416 -10,398 -13,291 -10,398 -10,398
Impairment losses on other financial assets   -1,932   0   -25,000   0
Operating profit   64,659   19,241   95,014   79,403
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