In our capacity as the auditors elected by Parliament, we have audited the accounting records, financial statements and administration of the Bank of Finland for the financial year 2019 in accordance with generally accepted auditing standards.
During the financial year the Bank’s Internal Audit audited the Bank’s accounting records and activities. We have examined the internal audit reports.
We have read the Bank’s annual report and received representations from the Board concerning the Bank’s activities.
The financial statements have been drawn up in accordance with the principles of financial statements approved by the Parliamentary Supervisory Council and current rules and regulations. The financial statements give a true and fair view of the Bank’s financial position and results.
We propose that the profit and loss account and balance sheet for the financial year audited by us be approved. We recommend that the profit for the financial year be disposed of as proposed by the Board.
Helsinki, 6 March 2020
Lotta Kauppila, Authorised Public Accountant
Timo Tuokko, Authorised Public Accountant
Markku Koskela, Authorised Public Accountant