Five years in figures Calculation of Financial ratios Review by the Board of Directors Consolidated Financial Statements Consolidated Income Statement Consolidated Balance Sheet Consolidated Cash Flow Statement Statement of Changes in Shareholders' Equity Accounting Principles for the Consolidated Accounts Notes to the Consolidated Financial Statements Parent Company Financial Statements Proposal of the Board Auditors' Report Quarterly figures 2008-2009

Notes to the Consolidated Financial Statements - 1. Segment information 2. Acquisitions and disposals 3. Long-term construction contracts and long-term operating and maintenance agreements 4. Other income 5. Material and services 6. Employee benefit expenses 7. Depreciation and amortisations 8. Financial income and expenses 9. Income taxes 10. Earnings per share 11. Components of other comprehensive income 12. Intangible assets 13. Property, plant and equipment 14. Investments in associated companies and joint ventures 15. Investments available for sale 16. Inventories 17. Financial assets and liabilities by measurement category 18. Other receivables 19. Cash and cash equivalents 20. Deferred taxes 21. Pension obligations 22. Share capital of the parent company 23. Fair value reserve 24. Provisions 25. Financial liabilities 26. Other liabilities 27. Financial instruments 28. Collateral, contingent liabilities and other commitments 29. Related party disclosures 30. Auditors' fees and services 31. Exchange rates 32. Subsidiaries 33. Financial risks 29. Related party disclosures         Related parties comprise the Board of Directors, the President and CEO, the Board of Management as well as the associates and the joint ventures.         Salaries and bonuses paid to management             In thousands of euros 2009 2008 President and CEO and his deputy       Salaries and other short-term benefits 922 884   Bonuses* 246 252     1 169 1 136 Other members of the Board of Management       Salaries and other short-term benefits 1 678 1 277   Bonuses* 376 391     2 054 1 668 Board of Directors 31 December 2009       Antti Lagerroos, chairman 125 121   Matti Vuoria, deputy chairman 89 88   Maarit Aarni-Sirviö, member 61 59   Kaj-Gustaf Bergh, member 60 56   Kari Kauniskangas, member 59 56   Bertel Langenskiöld, member 60 57 Board of Directors, until 19 March 2008       Göran J. Ehrnrooth, deputy chairman   3   Heikki Allonen, member   2     455 442         Salaries and bonuses paid to management, total 3 677 3 246         * In addition a cost reserve of EUR 1,780 thousand, for the expenses arising from the bonus schemes tied to the price development of the company's share, has been made.         The holdings of Wärtsilä shares of the President and CEO, and some of the members of the Board of Directors and Board of Management at the year end were 70 428 shares (56 479).         The President and CEO and some of the members of the Board of Management are entitled to retire on reaching 60 years of age. The Group has no loan receivables from the executive management or the Board of Directors. No pledges or other commitments have been given on behalf of management or shareholders.         Business transactions with the associates and joint ventures         MEUR 2009 2008 Sales to the associates and joint ventures in the income statement 16 34 Receivables from the associates and joint ventures in the balance sheet 23 22 Advances paid to the associates and joint ventures in the balance sheet 54 29 Payables to the associates and joint ventures in the balance sheet 11 12         Detailed financial information of the associated companies and joint ventures is presented in Note 14. Investments in associated companies and joint ventures.

PAGE TOOLS Font size Send as link Print page Create pdf from this page Feedback     All notes in pdf     All notes in xls

 Print page