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12 Finnair Group es. The Financial Risk Steering Group assesses and anticipates financial risks and steers implementation of the financing policy of the Group. The Board of Directors of Finnair Plc has approved principles of internal monitoring, which are applied within the Group. Internal Auditing is responsible for fulfilling the monitoring and auditing obligation laid down in the Companies Act. Internal auditing work is employed to verify the integrity of transactions and the accuracy of information in internal and external accounting, and to confirm that controls are exercised effectively, property is maintained and operations are conducted appropriately in accordance with the Group's objectives. Internal Auditing also participates in the auditing of Finnair Plc subsidiaries' accounts in collaboration with External Auditing. The Internal Auditing priorities are determined in accordance with the Group's risk management strategy. The fulfilment of financial targets is monitored by a system of Group-wide reporting. The reporting encompasses realised data and up-to-date forecasts for a rolling 12-month period. The accumulation of financial added value is monitored monthly in an internal reporting process. The Group's traffic performance is published in a monthly Stock Exchange Bulletin. Risks arising from operations in relation to property, interruption, accident and liability have been covered by appropriate insurances. companies, issued in 2008, as well as insider rules. Company insiders The Finnair Group's insiders are divided into permanent insiders and temporary insiders in accordance with the Securities Market Act. Permanent insiders are further divided into those entered in a public insider register and those entered in a non-public company-specific insider register. Temporary insiders are individuals who receive insider information during the performance of some assignment (project). These individuals are entered into a non-public company-specific insider register, namely a project-specific register. Finnair Plc's permanent insiders include members of the Finnair Plc's Board of Directors, the President & CEO and his Deputy, the direct subordinates of the President & CEO, as well as the auditors, including the auditing firm's auditor with chief responsibility for the company. Permanent company-specific insiders include the personnel representatives participating in the work of Finnair's Executive Board; the managing directors of Amadeus Finland Oy, Matkatoimisto Oy Area, Finland Travel Bureau Ltd, Oy Aurinkomatkat Suntours Ltd Ab, FTS Financial Services, Finnair Facilities Management Oy and Finnair Aircraft Finance Ltd; the secretaries of Finnair's CEO and CFO; Finnair's lawyers and internal auditors; Finnair's financial communications staff as well as the Economics and Finance Department's vice presidents, assistant vice presidents, finance managers, economics managers, and the financial management and supervision planning manager; the vice presidents of Finnair's Commercial Division and the Vice President Leisure Flights; the department managers dealing with employment affairs and HR services; and other individuals separately designated by Finnair's CEO for entry in the register. The Board of Directors of Finnair Plc has approved Finnair Plc's insider guidelines, which contain guidelines for permanent and project-work insiders and specify the organisation and procedures of the company's insider controls. The company's insider guidelines have been distributed to all insiders. The Legal Affairs Department is responsible for the content of the insider guidelines. Compliance with the insider guidelines is monitored by the Economics and Finance Department. The company operates a restriction on trading, which applies to insiders' trading in the company shares or in securities granting entitlement to shares for 30 days before the declaration of financial results. Finnair Plc's insider register is maintained by Euroclear Finland Ltd. The up-to-date details of public insiders' share and option holdings can be viewed at Euroclear Finland's premises in Helsinki, Finland at the address Urho Kekkosen katu 5C and on Finnair's website at the address www.finnair.com/group. Corporate Governance update The Finnair Corporate Governance section is updated regularly and can be viewed on the company's website at the address www.finnair.com/group. Finnair Plc's website is published in Finnish and English, and partly in Swedish. The printed and electronic Annual Review 2008 are published in Finnish, Swedish and English, and the Financial Report in Finnish and English. Interim Reports are published in Finnish, Swedish and English. Governing provisions Finnair Plc adheres to applicable legislation, regulations issued under such legislation and the company's Articles of Association. Furthermore, in its activities Finnair Plc complies with the Corporate Government Code for listed
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