Osavuosiraportista

Osavuosiraportista is the Finnish reference to an interim financial report published by a company to disclose its financial performance for a period shorter than a full financial year. The term is most commonly used for the first six months of the financial year, but interim periods can vary. The report aims to provide timely information to investors, analysts and other stakeholders between annual statements.

A typical osavuosiraportti includes a condensed income statement, balance sheet, cash flow statement and changes in equity for the interim period, along with notes to the financial statements. Management’s discussion and analysis or a management commentary, key performance indicators, and a comparison with the corresponding period of the previous year are normally presented. Some reports also offer updated outlooks or guidance.

The report is part of the disclosure regime for many publicly listed Finnish companies and is prepared in accordance with applicable accounting standards and securities regulations. It is usually published on the company’s website and filed with the competent authorities, and it may be issued in Finnish and English. The exact scope and frequency can vary by company and jurisdiction.

Relation to other reports: osavuosiraportti complements the annual financial statements (tilinpäätös) and the annual report, providing more frequent updates on performance and financial position.

Note: in Finnish, osavuosiraportti is the base form; osavuosiraportista is a grammatical inflection used when referring to the interim report within a sentence.