Ilmailulaitos - Vuosikertomus 2005

Report by the Board 2005

Report by the Board

Trends in the CAA's business environment in 2005 CAA service goals for 2005 CAA Finland group organization Earnings trend Personnel Changes to the board The outlook for 2006 Profit and loss account

Balance sheet

Cash flow statement Notes to the financial statements Proposal for the use of profit Auditors' report

The Flight Safety Authority Airport Architecture

BALANCE SHEET 31 DEC 2005

	GROUP		CAA
	2005	2004	2005	2004
	1000 e	1000 e	1000 e	1000 e
ASSETS

NON-CURRENT ASSETS
Intangible assets
Intangible rights	2 441	2 642	2 441	2 642
Other non-current expenditure	17	82	17	81
	2 458	2 724	2 458	2 723
Tangible assets
Land	43 289	43 322	42 068	42 062
Buildings and structures	318 689	324 990	223 206	226 788
Machinery and equipment	117 494	112 476	112 390	107 173
Ground structures	206 904	196 150	194 150	184 719
Advance payments and work in progress	22 822	15 380	12 023	14 998
	709 198	692 319	583 837	575 740
Investments
Shares in associated companies	8	8
Shares in CAA Group subsidiaries			36 307	36 304
Shares and other holdings	464	462	460	458
Other investments	20 868	20 299	20 868	20 299
	21 340	20 770	57 635	57 062

CURRENT ASSETS
Stocks and inventories
Materials and supplies	2 113	1 519	2 113	1 519
Finished goods	981	1 035	890	947
	3 094	2 554	3 003	2 466
Receivables
Current
Accounts receivable	22 284	21 387	20 229	19 018
From Group companies			788	738
Other receivables	1 220	921	321	453
Prepaid expenses and accrued income	3 479	3 106	3 237	2 850
	26 983	25 414	24 575	23 059
Marketable securities
Other securities	47 797	40 873	47 797	40 873

Cash and cash equivalents	1 164	1 222	807	678

	812 035	785 876	720 112	702 602

EQUITY AND LIABILITIES

EQUITY
Basic equity	184 542	184 542	184 542	184 542
Other equity	237 125	237 125	237 125	237 125
Profit for the prev. financial periods	98 489	89 056	102 667	92 147
Profit for the financial period	25 809	13 941	22 202	15 027
	545 965	524 664	546 536	528 842

MINORITY INTERESTS	3 007	2 963

PROVISIONS
Other provisions	3 686	6 226	3 686	6 226

LIABILITIES
Non-current
Loans from financial institutions	192 993	202 019	116 382	124 914
Other debt	689	1 643	1 747	2 602
Deferred tax liability	1 609	1 470
	195 291	205 133	118 129	127 517
Current
Loans from financial institutions	18 483	10 915	8 532	5 132
Prepayments received	1 450	1 792	1 337	1 347
Accounts payable	19 090	11 099	16 284	10 249
Debt to other Group companies			4 183	3 754
Other debt	5 819	4 750	5 309	4 047
Accrued expenses	19 244	18 334	16 116	15 489
	64 086	46 890	51 761	40 018

	812 035	785 876	720 112	702 602