INVESTMENTS IN 2004

The state budget for 2004 gave authority for the CAA to spend a total of 55 million euros on capital investments in 2004. In addition the CAA was authorised to make capital spending commitments for future years to the total sum of 100 million euros. In the first supplementary budget of 2004, the initial investment authorisation was raised to 60 million euros.

Capital spending by the entire Group during 2004 amounted to 52.2 million euros. Total capital spending by the CAA came to 48.2 million euros. The most important capital investment items were the basic repairs to Runway 2 at Helsinki-Vantaa Airport and the expansion to its International terminal (facilities for passengers travelling outside the Schengen area) and the enlargement of the Jyväskylä Airport terminal. During the review year the CAA reached an important stage in the overhaul and integration of Finland’s air navigation system, which has been going on for many years. This was the introduction of the new Eurocat system at the Tampere Area Control Centre in October. Earlier versions of the system had previously been adopted at the Rovaniemi Area Control Centre and at Helsinki-Vantaa Airport.

CAPITAL INVESTMENTS 2004 CAPITAL INVESTMENTS 1994 - 2004 REVENUES 2004 EXPENSES 2004 COMPARISON OF RESULTS 2003-2004