VVO Group plc Annual Report 2015 - 32. Events after the reporting period

Year 2015
Year 2015
VVO Group in brief

CEO’s review

Key indicators

Strategy

Strategy implementation in 2015

Megatrends

Business operations

Value creation

Rental housing market

Financing sources

Information for shareholders
Good rental housing
Good rental housing
New housing services and solutions

Cooperation with residents

A reliable landlord

Housing investments in growth centres

Real estate development and renovations

New development and acquisitions

Cooperation network

Taking the environment into consideration

Actively promoting developments in rental housing

Sponsorship

Committed personnel

Target-based well-being in the workplace
Corporate Governance
Corporate Governance
Description of corporate governance 2015

Administrative bodies

Auditing the accounts

Internal control of the financial reporting process and the main features of the risk management systems

Internal control

Communications and publicity

Monitoring

Internal auditing

Description of salaries and fees

Board of Directors

Management Group

Risks and risk management
Financial Statements
Financial Statements
Board of Directors' Report

VVO Group plc in brief

Future outlook for 2016

Outlook for VVO Group

Operating environment

Business operations

Segment reporting

Turnover

Result and profitability

Balance sheet and financing

Real estate property and fair value

Rental housing

Investments, divestments and real estate development

Personnel

Responsibility

Risk and risk management

Internal auditing

Group structure and changes

Events after the period

Administration 2015

Shares and shareholders

Share capital and shares

Board authorisations

Shareholdings

Proposal by the board of directors for the distribution of profits

Financial Statements

Consolidated income statement, IFRS

Consolidated balance sheet, IFRS

Consolidated statement of cash flows, IFRS

Consolidated statement of changes in shareholders' equity, IFRS

Notes to the consolidated financial statements

1. Accounting policies for consolidated financial statements

2. Operating segment information

3. Non-current assets held for sale

4. Profit/loss on sale of investment properties and Other operating income and costs

5. Employee benefits expense

6. Amortisation, depreciation and impairment

7. Research and development expenditure

8. Financial income and expenses

9. Income tax

10. Earnings per share

11. Investment properties

12. Property, plant and equipment

13. Intangible assets

14. Values of financial assets and liabilities by category

15. Non-current receivables

16. Deferred tax assets and liabilities

17. Trading properties

18. Sales receivables and other receivables

19. Cash and cash equivalents

20. Share capital and other equity funds

21. Interest-bearing liabilities

22. Derivative instruments

23. Provisions and other non-current liabilities

24. Trade payables and other debts

25. Financial risk management

26. Operating leases

27. Adjustment to cash flow from operating activities

28. Guarantees and contingent liabilities

29. Related party transactions

30. Borrowing costs

31. Subsidiaries, joint arrangements and associated companies owned by the Group and the parent

32. Events after the reporting period

33. Key figures

Transition to IFRS

Parent company's financial statements

Parent company's income statement, FAS

Parent company's balance sheet, FAS

Parent company's cash flow statement, FAS

Parent company accounting policies

Notes to the parent company financial statements

1. Turnover

2. Other operating income

3. Personnel costs

4. Depreciation according to plan

5. Other operating costs

6. Auditor’s fee

7. Financial income and expenses

8. Extraordinary items

9. Appropriations

10. Income tax

11. Intangible assets

12. Tangible assets

13. Investments

14. Non-current receivables

15. Current receivables

16. Financial securities

17. Equity

18. Accumulated appropriations

19. Non-current liabilities

20. Current liabilities

21. Derivative instruments

22. Collateral and contingent liabilities

23. Other liabilities

Signatures to the annual report and financial statements

Auditor's report

32. Events after the reporting period

In accordance with the preliminary agreement signed on 30 November 2015, VVO Group sells 8,631 cost principle rental apartments located around Finland to Kiinteistö OY Y-Asunnot which is part of the Y-Foundation. The details of this transaction are still pending. Note 3 Non-current assets held for sale specifies the effects of the transaction on the Group in detail.