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


Auditor's confirmation

A report on the audit has been issued today.

Helsinki, 10 April 2017

Authorised Public Accountants


Antti Kääriäinen
Authorised Public Accountant