Board of directors' report

Board of directors' 2006 Finavia group organization The deveploment of Finavia's business environment in 2006 Finavia's service objectives Finavia's environmental work Profit deveploment Financial effects of the separation of the flight safety authority Finavia group profit 2006 Finavia income distribution Capital investments 2006 Financing 2006 Personnel Changes in administration Operating risks and risk management Group structure and changes in the group relationships during the financial year Material events after the financial year and prospects for 2007 Income statement Balance sheet Cash flow statement Signatures of the financial statements and annual report Auditors' report

BALANCE SHEET 31 DECEMBER 2006

 

	GROUP		FINAVIA
	2006	2005	2006	2005
	1 000 €	1 000 €	1 000 €	1 000 €
ASSETS
FIXED ASSETS
Intangible assets
Intangible rights	2 035	2 441	2 025	2 441
Other long-term expenses	7	17	7	17
	2 042	2 458	2 031	2 458
Tangible assets
Land and water areas	45 665	43 289	44 284	42 068
Buildings and structures	316 923	318 689	218 959	223 206
Machinery and equipment	118 505	117 494	112 784	112 390
Earth constructions	211 103	206 904	194 024	194 150
Advance payments and unfinished acquisitions	55 693	22 822	35 150	12 023
	747 888	709 198	605 200	583 837
Investments
Holdings in associated companies	8	8
Holdings in subsidiaries in the same group			35 544	36 307
Shares and holdings	468	464	460	460
Other investments	18 682	20 868	18 682	20 868
	19 158	21 340	54 686	57 635
INTANGIBLE ASSETS
Inventories
Materials and accessories	2 479	2 113	2 479	2 113
Finished goods/products	1 064	981	955	890
	3 542	3 094	3 434	3 003
Receivables
Short-term
Sales receivables	25 281	22 284	22 433	20 229
Receivables from companies in the same group			678	788
Other receivables	2 906	1 220	2 026	321
Accrued receivables	4 962	3 479	4 650	3 237
	33 150	26 983	29 788	24 575
Financing securities
Other securities	27 521	47 797	27 521	47 797
Cash in hand and at banks	10 883	1 164	2 111	807
	844 184	812 035	724 772	720 112
LIABILITIES
EQUITY
Basic capital	184 542	184 542	184 542	184 542
Other equity	237 096	237 125	237 096	237 125
Profits from earlier accounting periods	114 298	98 489	114 869	102 667
Profit for the period	23 677	25 809	22 789	22 202
	559 612	545 965	559 296	546 536
MINORITY INTEREST	4 569	3 007
STATUTORY RESERVES
Other statutory reserves	3 388	3 686	3290	3 686
BORROWED CAPITAL
Long-term
Loans from financial institutions	206 884	192 993	107 851	116 382
Other debt	1 201	689	2 311	1 747
Imputed tax liability	1 759	1 609
	209 844	195 291	110 162	118 129
Short-term
Loans from financial institutions	15 373	18 483	8 532	8 532
Advance payments received	2 232	1 450	2 082	1 337
Accounts payable	21 893	19 090	18 395	16 284
Loans to companies in the same group			691	4 183
Other debt	6 206	5 819	5 454	5 309
Accrued expenses	21 067	19 244	16 871	16 116
	66 771	64 086	52 025	51 761
	844 184	812 035	724 772	720 112