Publications

Publications

Financial Statements

Notes to Profit and Loss Account

MEUR


Turnover by business unit Note
1.1
Metsähallitus Group
15 Apr–31 Dec 2016
Metsähallitus
15 Apr–31 Dec 2016

Forestry Business
218.2 56.7

Property development
10.2 10.5

Sale of soil and rock resources
2.1 0.0

Seed and sapling production
7.2 0.0

Other
8.6 10.1
Total
246.3 77.3





Other operating income 1.2


Gains on the sale of fixed assets
10.8 10.6

Other income
2.5 7.5
Total
13.3 18.1





Funding received from the State budget 1.3


Financing for other operations from the Budget during the financial period as income on an accrued basis
33.8 33.8

More detailed information on the distribution of the item into the main titles of expenditure and administrative sectors is provided in the separate financial statements on public administrative duties












Depreciation according to plan 1.4


Intangible assets
1.0 0.4

Depreciation for decrease in substance
0.0 0.0

Roads
0.9 0.9

Buildings and structures
2.0 1.6

Machinery and equipment, other tangible assets
0.5 0.1
Total
4.4 3.1





Depreciation according to plan, depreciation periods:



Intangible rights, other long-term expenditure

4-5 years

Gravel areas

depreciation for decrease of substance

Roads

primarily 25 years

Fish structures

primarily 10 years

Log floating structures

25 years

Buildings
20-40 years, Haltia 90 years

Structures and facilities

4-10 years

Machinery and equipment
4-8 years, Haltia 15 years

Other tangible assets: asphalting, planting beds

15-20 years





Depreciation according to plan has been calculated by fixed asset as straight-line depreciations for each depreciation period from the original purchase price. Entry of depreciation begins from the introduction of the asset.
Other interest and financial income 1.6 Metsähallitus Group
15 Apr–31 Dec 2016
Metsähallitus
15 Apr–31 Dec 2016

Dividend income from external sources
0.0 0.0

Interest income
0.0 0.0
Total
0.1 0.1





Interest and other financial expenses



Interest expenses
0.1 0.1

Reduction in value from the subordinated loan to subsidiary
0.0 5.0

Provision for the reorganisation of subsidiary’s business
3.0 0.0
Total
3.1 5.1





Financial income and expenses in total
-3.1 -5.0