TVO GROUP (IFRS) (M€) | 2018 | 2017 | 2016 | 2015 | 2014 |
Turnover | 350 | 321 | 343 | 276 | 327 |
Profit/loss for the financial year | -18 | -9 | -11 | 5 | -1 |
Research expenses | 16 | 16 | 14 | 17 | 18 |
Investments | 181 | 299 | 265 | 345 | 339 |
Equity | 1 745 | 1 667 | 1 589 | 1 612 | 1 575 |
Subordinated shareholder loans (hybrid equity) (included in the former) 2) 4) | 679 | 579 | 479 | 479 | 439 |
Non-current and current interest-bearing liabilities (excluding loan from VYR) 1) | 4 141 | 3 923 | 4 179 | 3 654 | 3 428 |
Loan from VYR | 666 | 656 | 1 027 | 1 009 | 983 |
Provision related to nuclear waste management | 952 | 953 | 955 | 971 | 930 |
Balance sheet total | 7 662 | 7 354 | 7 952 | 7 464 | 7 054 |
Equity ratio, % 3) | 29 | 29,0 | 26,6 | 29,4 | 30,6 |
Average number of personnel | 872 | 801 | 765 | 794 | 863 |
3) Equity ratio % = 100 x |
equity + loans from equity holders of the company |
balance sheet total - provision related to nuclear waste management - loan from the Finnish State Nuclear Waste Management Fund |
CONSOLIDATED ADJUSTED PROFIT/LOSS FOR THE FINANCIAL YEAR (M€) | 2018 | 2017 | 2016 | 2015 | 2014 |
Profit/loss for the financial year (IFRS) | -18 | -9 | -11 | 5 | -1 |
The impact of the nuclear waste management obligation 1) (profit -/loss +) | 22 | 18 | 17 | 3 | 6 |
Other IFRS adjustments | -1 | -1 | -1 | -1 | 0 |
Share of the profit/loss of joint ventures | -1 | -1 | -2 | 0 | 0 |
Profit/loss before appropriations | 2 | 7 | 3 | 7 | 5 |
Adjusted profit/loss for the financial year | 2 | 7 | 3 | 7 | 5 |
2018 | 2017 | 2016 | 2015 | 2014 | |
TVO's share in the Finnish State Nuclear Waste Management Fund (VYR) (M€) | 1 480,0 | 1 436,6 | 1 379,7 | 1 357,8 | 1 324,2 |
TVO's funding target obligation to the Finnish State Nuclear Waste Management Fund | 1 505,8 | 1 470,8 | 1 428,4 | 1 369,4 | 1 345,4 |
The carrying value of TVO's share in the Finnish State Nuclear Waste Management Fund (non-current assets) | 952,0 | 953,1 | 954,6 | 971,2 | 930,3 |