The Board of Directors’ proposal for the result

Terrafame Group Ltd.’s result for the financial year 2016 shows a loss of EUR 2,451,035.57. Terrafame Group Ltd.’s distributable equity was EUR 385,681,155.28 on 31 December 2016.

The Board of Directors proposes to the Annual General Meeting that Terrafame Group Ltd.’s loss be recorded on the profit/loss account and that no dividend be distributed.

 

Helsinki, 29 March 2017

   

 

 

   
     

Janne Känkänen
Chairman of the Board

  Juha Majanen

 

 

   
   

 

Minna Pajumaa   Matti Hietanen
CEO

 

Auditor's confirmation

A report on the audit has been issued today.

Helsinki, 10 April 2017

KPMG Oy Ab
Authorised Public Accountants

 

Antti Kääriäinen
Authorised Public Accountant