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Report by the Board 2003

Capital Spending Totalled € 43.1 million

The Council of State set a total capital spending limit for the CAA of € 60 million for 2003. In addition the Council of State prescribed that the CAA could make capital spending commitments during 2003 for charges against future financial years of not more than € 100 million.

Actual capital spending by the CAA during 2003 amounted to € 43.1 million. This was allocated as follows:

Spending Area
1000 €
Land
893
Machinery and equipment
27 456
Ground structures
7 419
Terminals and other buildings
5 927
Other spending
1 428
Total
43 124

The most important capital items to be completed were the expansion of the domestic building at Helsinki- Vantaa Airport, to comply with security inspection requirements, the maintenance centre at Rovaniemi Airport; the runway resurfacing at Tampere-Pirkkala Airport; construction of security areas at various airports; replacement of approach equipment at Kajaani, Joensuu and Kemi-Tornio airports and the replacement of VHF direction finding equipment at Kemi-Tornio, Oulu, Savonlinna, Lappeenranta and Kruunupyy airports.

Capital spending commitments in line with the Council of State ruling amounted to € 14.1 million.