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BUSINESS REVIEWFINANCIAL STATEMENTSFINNAIR AND SOCIETYSHAREHOLDERS


Board of Directors Report


Accounting Principles


Consolidated Income Statement


Consolidated Balance Sheet


Consolidated Cash Flow Statement


Finnair Plc Income Statement


Finnair Plc Balance Sheet


Finnair Plc Cash Flow Statement


Notes to the Financial Statements


Shares and Share Capital


Proposal on the Dividend


Auditors' Report


Financial Indicators


Turnover by Sector


Operating Profit by Sector


Calculation of Key Indicators

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OPERATING PROFIT EXCLUDING CAPITAL GAINS BY SECTOR
Mill. EUR

                   
                   
    2004       2003      
                   
    Q4 Q3    Q2    Q1 Q4 Q3    Q2    Q1
                   
Scheduled Passenger Traffic   -5.1 5.5 -6.5 -20.7 -14.9 -2.4 -7.6 -19.4
                   
Leisure Traffic   7.0 7.7 0.4 11.7 7.1 6.6 1.2 1.7
                   
Aviation Services   1.8 6.8 6.3 5.4 5.1 7.5 4.0 -0.1
                   
Travel Services   1.2 1.2 2.3 1.8 1.9 0.7 1.1 -0.2
                   
Group eliminations   0.5 -11.1 -5.3 -5.9 -8.5 -7.1 -8.6 -9.1
                   
Finnair Group Total   5,4 10,1 -2,8 -7,7 -9,3 5,3 -9,9 -27,1
                   
Previous year   -9.3 5.3 -9.9 -27.1 0.0 -1.9 29.4 -3.0