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

1 Consolidated accounting principles 2 Turnover by business area 3 Salaries for the financial period 4 Personnel employed by the CAA Group 5 Financial income and expenses 6 Intangible and tangible assets and amortisation and depreciation 7 Shares and holdings and other investments 8 Group companies 9 Receivables from other Group
subsidiaries 10 Substantial receivables carried forward 11 Increase and decrease in own equity items 12 Provisions 13 Non-current liabilities 14 Deferred tax liability 15 Debt to other CAA Group subsidiaries 16 Relevant items of accrued expenses 17 Funding from the State budget 18 Personnel covered by State funding 19 Funding from local authorities 20 Funding from the EU 21 Guarantees, pledges and liabilities 22 The CAA in the proposed state budget 2005 23 Official activities and their finances 2005 / 2004 24 CAA electric power grid operations 25 Emission rights

Proposal for the use of profit Auditors' report

The Flight Safety Authority Airport Architecture

3 Salaries for the financial period

	GROUP		CAA
	2005	2004	2005	2004
Board members’ and the managing director’s Salaries and bonuses	428	410	241	221

CAA personnel are covered by the state pension scheme. Performance-based pension payments, calculated according to the salary bill for 2005 in compliance with actuarial principles providing full coverage, are entered in full in the profit and loss account. The State Treasury set the pension contribution rate at 18.18 % (17.44 % in 2004). In 2005, the pension expenses will be reduced by the refund from the State Treasury in relation to the final pension statement for 2004, amounting to EUR 573,851.