Publications

Publications

Financial Statements

Balance Sheet (EUR)



Note Metsähallitus Group
31 December 2016
Metsähallitus
31 December 2016
ASSETS







NON-CURRENT ASSETS 1.7

Intangible assets



Intangible rights
1,251,563.67 1,014,811.67

Other intangible assets
4,801,612.72 227,782.72
Intangible assets in total
6,053,176.39 1,242,594.39





Tangible assets



Land and water areas
3,821,779,249.02 3,819,495,890.69

Roads
28,866,068.26 28,861,651.57

Buildings and structures
48,334,414.90 31,400,890.25

Machinery and equipment
3,151,118.22 155,679.32

Other tangible assets
687,521.07 10,599.04

Advance payments and work in progress
15,911,045.84 11,874,776.70
Tangible assets in total
3,918,729,417.31 3,891,799,487.57





Investments



Shares in Group's subsidiaries 1.8 0.00 71,990,747.24

Other shares and holdings 1.10 2,086,307.30 2,490,403.17

Other receivables
24,100.00 1,800.00
Investments in total
2,110,407.30 74,482,950.41





NON-CURRENT ASSETS IN TOTAL
3,926,893,001.00 3,967,525,032.37





CURRENT ASSETS


Inventories



Finished products
19,831,585.48 1,776,308.10

Work in progress
1,003,044.03 0.00
Inventories in total
20,834,629.51 1,776,308.10





Receivables


Non-current receivables



Other receivables 1.11 2,205,015.72 24,000.00
Non-current receivables in total
2,205,015.72 24,000.00





Current receivables



Accounts receivable
45,254,291.19 2,235,011.62

Receivables from Group’s subsidiaries 1.12 0.00 412,144.12

Other receivables 1.13 1,586,915.24 1,353,693.60

Prepayments and accrued income 1.14 2,562,729.00 2,431,370.60
Current receivables in total
49,403,935.43 6,432,219.94





Cash in hand and at banks
11,950,580.12 10,843,987.24





CURRENT ASSETS IN TOTAL
84,394,160.78 19,076,515.28





ASSETS IN TOTAL
4,011,287,161.78 3,986,601,547.65















BALANCE SHEET (EUR)
Metsähallitus Group
31 December 2016
Metsähallitus
31 December 2016
EQUITY AND LIABILITIES







EQUITY 1.15

Basic equity
2,601,514,970.45 2,601,514,970.45
Other equity
224,811,974.00 224,811,974.00
Other equity of public administrative duties
977,009,010.43 977,009,010.43
Retained earnings
37,096,954.82 38,001,920.52
Profit for the financial year
55,877,034.06 50,089,516.01
EQUITY IN TOTAL
3,896,309,943.76 3,891,427,391.41





MINORITY SHARE 1.16 5,671,807.92 0.00





PROVISIONS


Other provisions 1.17 3,915,410.50 0.00





LIABILITIES


Non-current liabilities 1.18


Loans from financial institutions
2,039,934.70 0.00

Other liabilities
821,100.00 820,850.00
Non-current liabilities in total
2,861,034.70 820,850.00
Current liabilities 1.19


Loans from financial institutions
59,989,320.43 59,989,320.43

Advances received
4,557,262.82 4,418,409.85

Accounts payable
11,855,729.85 4,292,130.25

Debts to Group's subsidiaries 1.20 0.00 11,097,789.67

Other liabilities (incl. interest-bearing) 1.21 7,484,278.38 5,067,461.70

Accruals and deferred income 1.22 18,606,961.44 9,488,194.34

Deferred tax liabilities
35,411.98 0.00
Current liabilities in total
102,528,964.90 94,353,306.24
LIABILITIES IN TOTAL
105,389,999.60 95,174,156.24





EQUITY AND LIABILITIES IN TOTAL
4,011,287,161.78 3,986,601,547.65