Teollisuuden Voima’s Annual Report 2016 published

28.2.2017

Financial Statements Bulletin 2016

The electricity generation at Teollisuuden Voima's (TVO) Olkiluoto nuclear power plant in 2016 totaled 14.35 terawatt hours (billion kilowatt-hours), which accounted for about 17 percent of all electricity consumed in Finland. The consolidated turnover was EUR 343.4 million. The amount of electricity delivered to the shareholders was 14,886 GWh.

Olkiluoto 1 and 2 plant units are in safe and good production condition. Olkiluoto 3 EPR project progressed according to the supplier’s schedule towards the commencement of regular electricity generation at the end of 2018. Posiva, first in the world, started the construction of the final disposal facility for spent nuclear fuel after the Radiation and Nuclear Safety Authority in Finland (STUK) issued a decision that Posiva is in the position to launch the first works under the construction license.

TVO's Annual Report 2016 has been published online at annualreport.tvo.fi/annualreport2016.

The Annual Report consists of the Report of the Board of Directors, Financial Statements, Corporate Governance Statement as well as Corporate Social Responsibility reporting according to GRI Standards and Environmental reporting according to EMAS decree. Information on TVO’s Corporate Social Responsibility and environmental matters is extensively available at the company’s website www.tvo.fi.

Attachments:
Report of the Board of Directors and Financial Statements 2016 (pdf)
Corporate Governance Statement 2016 (pdf)

For more information, please contact:
Anja Ussa, Senior Vice President, Finance, Tel. +358 (0)2 8381 6100
Sini Gahmberg, Corporate Social Responsibility Manager, Tel. +358 (0)2 8381 5204