Publications

Publications

Financial Statements

Other Notes, Business Operations
(EUR million)

Contingent liabilities 2.23 Business Operations Group 2016 2015 Business operations 2016

Leasing liabilities






paid during the financial year
0.6 1.7 0.5 1.6


to be paid during the following year
2.6 2.6 2.4 2.6


to be paid at a later date
2.3 3.8 2.2 3.8

Business mortgages
0.9 0.9 0.0 0.0

Bank guarantee liabilities
2.3 2.6 0.7 0.4

Other banking liabilities
1.5 0.4 1.0 0.4

Deposited securities, guarantee deposits
0.0 0.1 0.0 0.0

Guarantee for subsidiary's liabilities, limits
0.0 0.0 0.0 3.5

Investment commitments
5.9 4.2 5.9 4.2








The leasing contracts for business operations include a redemption clause after the residual value reaches the agreed level.
The contracts can be terminated with a 3 month notice period.
The Group also has contracts without a redemption clause, mainly for five-year periods.








The responsibility for remediation of contaminated sites



In areas administered by Metsähallitus, the responsibility involved in contaminated soil areas lies primarily with the party that was responsible for the contaminating activity.

As the holder of the area, Metsähallitus may be held responsible for meeting the remediation costs of the contaminated soil, if the primary responsible party is unable to do so.








Related-party transactions





A contribution to State revenue was paid for the year 2015 and for the period 1 January to 14 April 2016.
Calculated deferred tax assets and liabilities for the calendar year 2.24 Business Operations Group 2016 2015


Calculated deferred tax assets






from postponed depreciations
0.6 0.7



from subsidiary losses
3.8 2.4



from provisions
0.2 0.3

Total
4.5 3.4

















Self-financed investments 2.25 Business Operations Group 2016 2016 Business operations 2016 2016




Investments planned Actual
15 Apr-31 Dec
Investments planned Actual
15 Apr-31 Dec

Land, water and gravel areas
6.7 2.6 6.7 2.6

Roads, plot processing works
4.3 0.2 4.3 0.2

Machinery and equipment, wind power projects
5.6 3.1 5.6 3.1

Buildings and structures
0.2 0.2 0.2 0.2

Other
2.5 1.9 2.2 0.8
Total
19.2 8.0 18.9 6.9