ANNUAL REPORT 2013

FINANCIALS

7. Financial income and expenses


EUR 2013 2012
Dividend income

From group companies 87,363,700.00 60,301,716.32

From other parties 75.00 515.00
Dividend income, total 87,363,775.00 60,302,231.32




Interest and financial income from non-current investments

From group companies 3,724,404.26 2,943,879.79
Interest and financial income from non-current investments, total 3,724,404.26 2,943,879.79




Other interest and financial income

From other parties 1,222,517.40 437,911.63
Other interest and financial income, total 1,222,517.40 437,911.63




Interest and financial income, total 4,946,921.66 3,381,791.42




Reversal of impairment of non-current investments

Subsidiaries*
369,150,000.00
Reversal of impairment of non-current investments, total
369,150,000.00




* The impairment of Avlis AB, recorded in 2008, was reversed to its original cost.

Avlis AB is a subsidiary of Fiskars Corporation.


Interest and other financial expenses


To subsidiaries


Interest expenses -371,023.18 -881,953.47

Provisions for credit losses -6,822,218.57

Interest expenses to other parties -3,169,185.15 -2,986,580.77
Interest and other financial expenses, total -10,362,426.90 -3,868,534.24




Total financial income and expenses 81,948,269.76 428,965,488.50




Net exchange gains and losses included in financial items 1,016,563.51 230,082.41








8. Extraordinary items


EUR 2013 2012
Group contribution received 16,231,400.00 18,881,208.03
Group contribution paid -2,800,000.00 -4,900,000.00
Total 13,431,400.00 13,981,208.03