<xbrl xmlns="http://www.xbrl.org/2003/instance" xmlns:fi_MC="http://www.suomi.fi/xbrl/crr/dict/dom/MC" xmlns:fi_RF="http://www.suomi.fi/xbrl/crr/dict/dom/RF" xmlns:fi_SC="http://www.suomi.fi/xbrl/crr/dict/dom/SC" xmlns:fi_dim="http://www.suomi.fi/xbrl/crr/dict/dim" xmlns:fi_met="http://www.suomi.fi/xbrl/crr/dict/met" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:vk_mod_oytp_gaap_ind="http://www.valtiokonttori.fi/xbrl/crr/fws/oytp/kpl-2016-12/2019-03-28/mod/oytp_gaap_ind" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://xbrl.org/2006/xbrldi xbrldi-2006.xsd">
    <link:schemaRef xlink:href="http://www.valtiokonttori.fi/fi/fr/xbrl/crr/fws/oytp/kpl-2016-12/2019-03-28/mod/oytp_gaap_ind.xsd" xlink:type="simple"/>
    <context id="_ctx1">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
    </context>
    <context id="_ctx64">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1742</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx207">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1742</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx65">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x583</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx208">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x583</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx66">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x513</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx209">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x513</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx94">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x399</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx237">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x399</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx95">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x435</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx238">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x435</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx96">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x360</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx239">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x360</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx101">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x924</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx244">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x924</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx106">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x932</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx249">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x932</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx107">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x2895</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx250">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x2895</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx109">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x376</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx252">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x376</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx127">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x2233</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx270">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x2233</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx129">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1830</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx272">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1830</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx143">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x424</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx286">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x424</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx144">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x481</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx287">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x481</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x4</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx20">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1869</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx163">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x1869</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x53</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx21">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x689</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx164">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x689</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x53</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx36">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x738</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx179">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x738</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x53</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx42">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2024-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x740</xbrldi:explicitMember>
        </scenario>
    </context>
    <context id="_ctx185">
        <entity>
            <identifier scheme="http://ytj.fi">3308100-3</identifier>
        </entity>
        <period>
            <instant>2023-12-31</instant>
        </period>
        <scenario>
            <xbrldi:explicitMember dimension="fi_dim:MCY">fi_MC:x740</xbrldi:explicitMember>
            <xbrldi:explicitMember dimension="fi_dim:REF">fi_RF:x53</xbrldi:explicitMember>
        </scenario>
    </context>
    <unit id="ISO4217_EUR">
        <measure>iso4217:EUR</measure>
    </unit>
    <fi_met:si168 contextRef="_ctx1">Kimmo Kirahvi Holdings Oy</fi_met:si168>
    <fi_met:di120 contextRef="_ctx1">2024-01-01</fi_met:di120>
    <fi_met:di121 contextRef="_ctx1">2024-12-31</fi_met:di121>
    <fi_met:si289 contextRef="_ctx1">3308100-3</fi_met:si289>
    <fi_met:mi53 contextRef="_ctx64" decimals="2" unitRef="ISO4217_EUR">389460.46</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx207" decimals="2" unitRef="ISO4217_EUR">202515.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx65" decimals="2" unitRef="ISO4217_EUR">389460.46</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx208" decimals="2" unitRef="ISO4217_EUR">202515.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx66" decimals="2" unitRef="ISO4217_EUR">389460.46</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx209" decimals="2" unitRef="ISO4217_EUR">202515.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx94" decimals="2" unitRef="ISO4217_EUR">771.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx237" decimals="2" unitRef="ISO4217_EUR">6026.18</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx95" decimals="2" unitRef="ISO4217_EUR">771.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx238" decimals="2" unitRef="ISO4217_EUR">6026.18</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx96" decimals="2" unitRef="ISO4217_EUR">390231.50</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx239" decimals="2" unitRef="ISO4217_EUR">208541.22</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx101" decimals="2" unitRef="ISO4217_EUR">10000.00</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx244" decimals="2" unitRef="ISO4217_EUR">10000.00</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx106" decimals="2" unitRef="ISO4217_EUR">-1473.82</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx249" decimals="2" unitRef="ISO4217_EUR">-131.58</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx107" decimals="2" unitRef="ISO4217_EUR">-309.72</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx250" decimals="2" unitRef="ISO4217_EUR">-1342.24</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx109" decimals="2" unitRef="ISO4217_EUR">8216.46</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx252" decimals="2" unitRef="ISO4217_EUR">8526.18</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx127" decimals="2" unitRef="ISO4217_EUR">382015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx270" decimals="2" unitRef="ISO4217_EUR">200015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx129" decimals="2" unitRef="ISO4217_EUR">382015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx272" decimals="2" unitRef="ISO4217_EUR">200015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx143" decimals="2" unitRef="ISO4217_EUR">382015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx286" decimals="2" unitRef="ISO4217_EUR">200015.04</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx144" decimals="2" unitRef="ISO4217_EUR">390231.50</fi_met:mi53>
    <fi_met:mi53 contextRef="_ctx287" decimals="2" unitRef="ISO4217_EUR">208541.22</fi_met:mi53>
    <fi_met:md103 contextRef="_ctx20" decimals="2" unitRef="ISO4217_EUR">-309.72</fi_met:md103>
    <fi_met:md103 contextRef="_ctx163" decimals="2" unitRef="ISO4217_EUR">-1342.24</fi_met:md103>
    <fi_met:md103 contextRef="_ctx21" decimals="2" unitRef="ISO4217_EUR">-309.72</fi_met:md103>
    <fi_met:md103 contextRef="_ctx164" decimals="2" unitRef="ISO4217_EUR">-1342.24</fi_met:md103>
    <fi_met:md103 contextRef="_ctx36" decimals="2" unitRef="ISO4217_EUR">-309.72</fi_met:md103>
    <fi_met:md103 contextRef="_ctx179" decimals="2" unitRef="ISO4217_EUR">-1342.24</fi_met:md103>
    <fi_met:md103 contextRef="_ctx42" decimals="2" unitRef="ISO4217_EUR">-309.72</fi_met:md103>
    <fi_met:md103 contextRef="_ctx185" decimals="2" unitRef="ISO4217_EUR">-1342.24</fi_met:md103>
</xbrl>
