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Annual report 2014
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VR Group
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CEO’s review
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Key figures
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Responding to competition in passenger services
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A partner in transport to and from ports
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VR Track a partner in the Ring Rail Line
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VR Group as a company
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Mission
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Three core business sectors
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Internal services
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International operations
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Operating environment
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Strategy
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Values
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Vision
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Interaction in many directions
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Scope of annual report and sources
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Business operations
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Passenger services
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Digital services
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Commuter services made into a separate unit
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New DuettoPlus restaurant cars into service
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Long live the train!
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Pohjolan Liikenne
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Avecra
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Logistics
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Cargo East Terminal - a gateway to the east
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Occupational safety - an absolute value
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Transpoint International
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An outlook to the future
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Infrastructure engineering
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Increased efficiency with infrastructure models
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Promoting occupational safety
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Seeking growth in international markets
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An outlook to the future
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Responsibility
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VR Group as a responsible company
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Safety
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Passenger safety
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Rail safety
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Safety at work
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Information security
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Safety management
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Pre-emptive actions
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Customer orientation
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Punctuality
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Pricing
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Aiming at equality
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Customer relationship management
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New restaurant cars
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Personnel
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Working capacity and workplace well-being
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New equipment
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Supervisory work
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Human resources management
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The new unit was built together
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Environment
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Energy efficiency
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Emissions
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Recycling and material efficiency
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Soil
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Cleanliness
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Environmental management
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Waste management at VR's Helsinki depot
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Responsible purchases
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Managing supplier network
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Purchasing management
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Purchase of new electric locomotives
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Corporate responsibility management
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GRI content index
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Corporate Governance
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Supervisory Board
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Board of Directors
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VR-Group Ltd Board of Directors
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Committees of the Board of Directors
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President and CEO and Management Team
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Members of Management Team
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Incentive schemes
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Financial reporting
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Risk management
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Audit
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Board of Directors' Report
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Report by the Board of Directors
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Market conditions and operating environment
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Consolidated net turnover, result and liquidity
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Main events during the year
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Capital expenditure and rolling stock purchases
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Changes in corporate structure and property reorganization
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Safety
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Environment
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Assessment of business risks and uncertainties
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Human resources
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Rewarding
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Management and audit
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Major events after the end of the fiscal year
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Outlook for 2015
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Board’s proposal on the disposal of profit
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Financial statements
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Consolidated Income Statement
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Consolidated Balance Sheet
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Consolidated Cash Flow Statement
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Parent Company Income Statement
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Parent Company Balance Sheet
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Parent Company Cash Flow Statement
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Accounting principles
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Notes to the Financial Statements
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Notes 1–4
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Notes 5–6
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Notes 7–11
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Note 12
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Note 13
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Notes 14–16
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Notes 17–18
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Notes 19–21
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Notes 22–23
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Statement by the Supervisory Board of VR-Group Ltd
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