Annual report 2018
Responsibility
Governance
Report of the Board of Directors
Financial Statements
SUOMEKSI
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Responsibility
Responsibility
Responsible leadership
Objectives and Results of TVO’s Responsibility
Social opinion leader
Acceptance of nuclear power
Local communities
Visits
Sponsorship activities
Responsible procurement operations
Procurement of uranium
Research and development
Safety
Plant modifications to further improve safety
Procedures of Nuclear industry were enhanced
Preparation for crises and exceptional situations
Good work community
Wellbeing at work
Development of competence
Occupational health and safety
Radiation safety
Social responsibility key figures
Shareholder value
Profitable investment
Economic impacts
Supply of electricity in Finland and climate impact
TVO as a company
Environment and climate
Environmental management
Environmental program 2019–2021
Results of the environmental program
Climate-friendly electricity
Environmental impacts
Cooling water
Raw materials and material efficiency
Production and energy efficiency
Emissions to the air
Emissions to water and soil
Waste
Environmental research and biodiversity
Cooperation with the authorities
Nuclear waste management
Responsibility reporting
Material responsibility aspects
Measurement and calculation principles
GRI content index
Assurance report
EMAS-statement
Verification report of the environmental report
Contact persons in responsibility issues
Governance
Governance
General
Shareholders' meeting
Board of Directors
Board committees
Committees and steering groups assisting the management
President and CEO
Management Group
Auditor
Remuneration
Insider administration
Disclosure policy for investors
Internal control and risk management
Financial control and reporting
Risk management
Internal auditing
Auditing of the activity based management system
TVO Board of Directors in 2018
TVO Management Group in 2018
Organization
Report of the Board of Directors
Report of the Board of Directors
Main events in 2018
Operating environment
TVO as a company
Financial performance
Financing and liquidity
Share capital
Administrative principles
Administrative bodies
Regulatory environment
Risk management, major risks and uncertainties
Pending court cases and disputes
Nuclear power
Olkiluoto 1 and Olkiluoto 2
Annual outages
Olkiluoto 3 EPR
Nuclear fuel
Nuclear waste management
Final disposal of spent nuclear fuel
Coal power
Meri-Pori
Research and development
Acquisitions of tangible and intangible assets and shares
Responsibility
Safety and occupational safety
The environment
Group personnel and training
Subsidiaries and joint ventures
Major events after the end of the year
Prospects for the future
Proposals to the Annual General Meeting
Financial Statements
Financial Statements
Key figures of TVO Group
Key figures of Teollisuuden Voima Oyj
TVO Group financial statements
Consolidated income statement
Consolidated statement of comprehensive income
Consolidated balance sheet
Consolidated statement of changes in total equity
Consolidated cash flow statement
Notes to the consolidated financial statements
1 General information on the Group
2 Accounting policies
3 Segment reporting
4 Work performed for own purpose
5 Other income
6 Materials and services
7 Personnel expenses
8 Depreciation and impairment charges
9 Other expenses
10 Finance income and expenses
11 Income tax expense
12 Property, plant and equipment
13 Intangible assets
14 Investments in joint ventures
15 Book values of financial assets and liabilities by categories
16 Loans and other receivables
17 Investment in shares
18 Cash and cash equivalents
19 Inventories
20 Derivative financial instruments
21 Equity
22 Interest-bearing liabilities
23 Trade payables and other current liabilities
24 Assets and provision related to nuclear waste management obligation
25 Obligations and other commitments
26 Related party
27 Financial risk management
28 Changes in accounting principles
29 Events after the balance sheet date
Parent company's financial statements
Parent company's income statement
Parent company's balance sheet
Parent company's cash flow statement
Notes to the parent company's financial statements
1 Accounting principles
2 Turnover
3 Work performed for own purpose
4 Other income
5 Materials and services
6 Notes concerning personnel and members of administrative bodies
7 Depreciation and impairment charges
8 Other expenses
9 Financial income and expenses
10 Appropriations
11 Non-current assets
12 Investments
13 Inventories
14 Current receivables
15 Equity
16 Distributable equity
17 Non-current liabilities
18 Debts due in more than five years
19 Current liabilities
20 Commitments
21 Derivative financial instruments
22 Series of shares
23 Carbon dioxide emission rights
Proposals to the Annual General Meeting
Signatures for the report of the Board of Directors and financial statements
Auditor's report
Financial information in 2019
SUOMEKSI
Responsibility
Responsible leadership
Objectives and Results of TVO’s Responsibility
Social opinion leader
Acceptance of nuclear power
Local communities
Visits
Sponsorship activities
Responsible procurement operations
Procurement of uranium
Research and development
Safety
Plant modifications to further improve safety
Procedures of Nuclear industry were enhanced
Preparation for crises and exceptional situations
Good work community
Wellbeing at work
Development of competence
Occupational health and safety
Radiation safety
Social responsibility key figures
Shareholder value
Profitable investment
Economic impacts
Supply of electricity in Finland and climate impact
TVO as a company
Environment and climate
Environmental management
Environmental program 2019–2021
Results of the environmental program
Climate-friendly electricity
Environmental impacts
Cooling water
Raw materials and material efficiency
Production and energy efficiency
Emissions to the air
Emissions to water and soil
Waste
Environmental research and biodiversity
Cooperation with the authorities
Nuclear waste management
Responsibility reporting
Material responsibility aspects
Measurement and calculation principles
GRI content index
Assurance report
EMAS-statement
Verification report of the environmental report
Contact persons in responsibility issues
Governance
General
Shareholders' meeting
Board of Directors
Board committees
Committees and steering groups assisting the management
President and CEO
Management Group
Auditor
Remuneration
Insider administration
Disclosure policy for investors
Internal control and risk management
Financial control and reporting
Risk management
Internal auditing
Auditing of the activity based management system
TVO Board of Directors in 2018
TVO Management Group in 2018
Organization
Report of the Board of Directors
Main events in 2018
Operating environment
TVO as a company
Financial performance
Financing and liquidity
Share capital
Administrative principles
Administrative bodies
Regulatory environment
Risk management, major risks and uncertainties
Pending court cases and disputes
Nuclear power
Olkiluoto 1 and Olkiluoto 2
Annual outages
Olkiluoto 3 EPR
Nuclear fuel
Nuclear waste management
Final disposal of spent nuclear fuel
Coal power
Meri-Pori
Research and development
Acquisitions of tangible and intangible assets and shares
Responsibility
Safety and occupational safety
The environment
Group personnel and training
Subsidiaries and joint ventures
Major events after the end of the year
Prospects for the future
Proposals to the Annual General Meeting
Financial Statements
Key figures of TVO Group
Key figures of Teollisuuden Voima Oyj
TVO Group financial statements
Consolidated income statement
Consolidated statement of comprehensive income
Consolidated balance sheet
Consolidated statement of changes in total equity
Consolidated cash flow statement
Notes to the consolidated financial statements
Parent company's financial statements
Parent company's income statement
Parent company's balance sheet
Parent company's cash flow statement
Notes to the parent company's financial statements
Proposals to the Annual General Meeting
Signatures for the report of the Board of Directors and financial statements
Auditor's report
Financial information in 2019
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Annual report 2018
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Responsibility
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Responsibility reporting
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GRI content index
GRI content index
TVO provides in the various Sections of the Social Responsibility Report all the information referred to in the Global Reporting Initiative (GRI) Standards.
