to Frontpage
Report by the board 2004
Trends in the CAA business environment in 2004
CAA service goals 2004
Earnings trend
CAA income distribution
Investments in 2004
Financing in 2004
Personnel
Changes to the board
The outlook for 2005
The CAA board
Profit and loss account 1 Jan 2004 - 31 Dec 2004
Balance sheet 31 Dec 2004
Financing statement
Notes to the financial statement
1. Group accounting principles
2. Turnover according to business
3. Salaries for the fiscal period
4. Personnel employed by the CAA Group
5. Intangible and tangible assets and depreciations
6. Shares and holdings and other investments
7. Group companies
8. Receivables from other Group
subsidiaries
9. Substantial receivables carried forward
10. Increase and decrease in own equity items
11. Provisions
12. Long-term borrowed equity
13. Debt to other CAA Group subsidiaries
14. Substantial items of accrued expenses
15. Financing from the State’s budget
16. Personnel covered by State funding
17. Funding from local authorities
18. Funding from the EU
19. Guarantees, pledges and liabilities
20. The CAA in the proposed state budget 2004
21. Official activities and their finances 2004/2003
22. CAA electric power grid operations
Proposal for the use of the profit

NOTES TO FINANCIAL STATEMENT

Notes on the balance sheet

5. Intangible and tangible assets and depreciations

The lifetimes are as follows:
Years
  
Intangible assets
    
Intangible rights
 5 Straight-line depreciation
Group goodwill
 5 Straight-line depreciation
Other long-term expenses
 5 Straight-line depreciation
     
Tangible assets
    
Buildings and structures
 10 - 40 Straight-line depreciation
Machinery and equipment
 3 - 15 Straight-line depreciation
Ground structures
 10 - 40 Straight-line depreciation


In 2003, real property was transferred from the Finnish Defence Forces to the CAA Group in the amount of EUR 12,165,172.07. Of this amount, land (EUR 388,699) was included in the CAA balance sheet; other real property was transferred to a subsidiary company, IP-Kiinteistöt Oy.

The corresponding transfer was also made in 2004: Real property was transferred in the amount of EUR 11,931,387.17 to IP-Kiinteistöt Oy, and land in the amount of 746,316 was transferred to the CAA.
GROUP
CAA
Changes in the balance sheet items:
 2004 2003 2004 2003
Intangible rights
              
Acquisition cost 1 JAN
 5 705 5 066 5 693 5 054
+ Increases during the fiscal period
 1 115 866 1 115 866
- Decreases during the fiscal period
 -11 -227 1 -227
Acquisition cost 31 DEC
 6 809 5 705 6 809 5 693
         
Accumulated depr. according to plan 1 JAN
 -3 300 -2 676 -3 296 -2 674
Accumulated depreciations for decreases
 11 119 -1 119
Depreciations for the fiscal period
 -878 -744 -870 -741
- Accumulated depr. according to plan 31 DEC
 -4 168 -3 300 -4 168 -3 296
Book value 31 DEC
 2 642 2 405 2 642 2 397
               
Group goodwill
              
Acquisition cost 1 JAN
   289        
+ Increases during the fiscal period
   0        
- Decreases during the fiscal period
              
Acquisition cost 31 DEC
 0     289  
             
Accumulated depreciations 1 JAN
   -231        
Depreciations for the fiscal period
   -58        
- Accumulated depr. according to plan 31 DEC
   -289        
Book value 31 DEC
 0     0  
               
Other long-term expenses
              
Acquisition cost 1 JAN
 626 621 613 608
+ Increases during the fiscal period
 0 5 0 5
- Decreases during the fiscal period
 0 0 0 0
Acquisition cost 31 DEC
 626 626 613 613
         
Accumulated depreciations 1 JAN
 -473 -404 -464 -397
Depreciations for the fiscal period
 -71 -70 -68 -67
- Accumulated depr. according to plan 31 DEC
 -544 -473 -532 -464
Book value 31 DEC
 82 153 81 149
             
Land and water areas
              
Land and water areas
              
Acquisition cost 1 JAN
 40 126 39 798 39 750 39 423
+ Increases during the fiscal period
 1 603 402 1 603 402
- Decreases during the fiscal period
 -111 -74 -205 -74
Acquisition cost 31 DEC
 41 618 40 126 41 149 39 750
               
Membership fees for real estates
              
Acquisition cost 1 JAN
 1 447 1 088 651 404
+ Increases during the fiscal period
 260 359 265 247
- Decreases during the fiscal period
 -3 0 -3 0
Acquisition cost 31 DEC
 1 704 1 447 913 651
         
Land and water areas (total)
 43 322 41 573 42 062 40 401
               
Buildings and structures
              
Acquisition cost 1 JAN
 444 054 422 024 342 893 338 649
+ Increases during the fiscal period
 32 018 27 292 20 803 9 505
- Decreases during the fiscal period
 -5 241 -5 262 -5 092 -5 261
Acquisition cost 31 DEC
 470 831 444 054 358 604 342 893
         
Accumulated depr. according to plan 1 JAN
 -131 129 -115 811 -120 566 -107 742
Accumulated depreciations for decreases
 2 132 173 1 983 173
Depreciations for the fiscal period
 -16 843 -15 492 -13 233 -12 997
- Accumulated depr. according to plan 31 DEC
 -145 840 -131 129 -131 816 -120 566
Book value 31 DEC
 324 990 312 925 226 788 222 327
               
Machinery and equipment
              
Acquisition cost 1 JAN
 297 509 283 156 287 256 274 596
+ Increases during the fiscal period
 27 219 21 064 26 943 19 372
- Decreases during the fiscal period
 -8 409 -6 712 -8 409 -6 712
Acquisition cost 31 DEC
 316 319 297 509 305 790 287 256
         
Accumulated depreciations 1 JAN
 -198 295 -189 031 -193 748 -185 123
Accumulated depreciations for decreases
 8 227 5 740 8 227 5 740
Depreciations for the fiscal period
 -13 775 -15 004 -13 096 -14 365
- Accumulated depr. according to plan 31 DEC
 -203 843 -198 295 -198 617 -193 748
Book value 31 DEC
 112 476 99 214 107 173 93 508
               
Ground structures
              
Acquisition cost 1 JAN
 330 522 314 417 323 894 313 837
+ Increases during the fiscal period
 18 226 18 320 11 734 12 273
- Decreases during the fiscal period
 -53 -2 215 -53 -2 215
Acquisition cost 31 DEC
 348 696 330 522 335 575 323 894
         
Accumulated depreciations 1 JAN
 -140 564 -128 677 -140 114 -128 552
Accumulated depreciations for decreases
 24 128 24 128
Depreciations for the fiscal period
 -12 006 -12 014 -10 765 -11 690
- Accumulated depr. according to plan 31 DEC
 -152 546 -140 564 -150 856 -140 114
Book value 31 DEC
 196 150 189 959 184 719 183 780
               
Shares and holdings(subsidiaries and other shares))
              
Acquisition cost 1 JAN
 471 487 22 309 10 426
+ Increases during the fiscal period
 0 0 14 454 11 883
- Decreases during the fiscal period
 0 -17 0 0
Acquisition cost 31 DEC
 471 471 36 763 22 309
         
TOTAL
        
Acquisition cost 1 JAN
 1 120 460 1 066 947 1 023 060 982 997
+ Increases during the fiscal period
 80 442 68 309 76 917 54 552
- Decreases during the fiscal period
 13 828 -14 507 -13 761 -14 489
Acquisition cost 31 DEC
 1 187 074 1 120 749 1 086 216 1 023 060
         
Accumulated depreciations 1 JAN
 -473 761 -436 830 -458 188 -424 489
Accumulated depreciations for decreases
 10 394 6 160 10 233 6 160
Depreciations for the fiscal period
 -43 573 -43 381 -38 032 -39 860
- Accumulated depr. according to plan 31 DEC
 -506 941 -474 050 -485 988 -458 188
Book value 31 DEC
 680 133 646 699 600 228 564 871

 
Copyright © Ilmailulaitos 2005