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

INCOME STATEMENT 1 JANUARY 2006 - 31 DECEMBER 2006

 

	GROUP		FINAVIA
	2006	2005	2006	2005
	1 000 €	1 000 €	1 000 €	1 000 €
TURNOVER	285 643	258 610	266 949	243 089
Other income from operations	1 226	5 521	1 185	1 172
Materials and services
Materials and accessories
Purchases during the accounting period	21 619	18 769	20 776	18 024
Increase(-)/decrease(+) in inventories	-430	-467	-413	-463
External services	55 378	46 447	62 804	48 659
MATERIALS AND SERVICES	76 567	64 749	83 167	66 220
TOTAL STAFF COST
Wages and fees	82 172	79 722	69 540	71 062
Indirect labour costs
Pension costs	15 507	14 029	13 474	12 616
Other indirect labour costs	4 745	3 900	3 861	3 364
TOTAL INDIRECT LABOUR COSTS	102 424	97 651	86 875	87 042
DEPRECIATION, AMORTISATION AND IMPAIRMENT
Planned
Buildings and structures	16 746	16 740	13 039	13 181
Machinery and equipment	16 291	15 363	15 506	14 659
Earth constructions	13 557	12 491	12 007	11 087
Intangible rights	990	1 033	962	1 033
Other long-term costs	10	66	10	64
DEPRECIATION AND AMORTISATION EXPENSE	47 594	45 693	41 524	40 024
Other operating costs	32 912	25 825	33 240	27 421
OPERATING PROFIT	27 371	30 213	23 329	23 554
FINANCIAL INCOME AND EXPENSEST
Income from other fixed-asset investments	15	20	15	20
Other interest and fi nancial income	4 393	3 022	3 412	2 062
Impairment of fixed-asset investments	-81	8	-81	8
Interest expenses and other financial expenses	-7 561	-6 442	-3 885	-3 442
	-3 235	-3 392	-539	-1 352
PROFIT BEFORE EXTRAORDINARY ITEMS	24 137	26 821	22 789	22 202
PROFIT BEFORE CLOSING TRANSFERS AND TAXES	24 137	26 821	22 789	22 202
Income tax	-222	-829
Imputed tax	-150	-139
Minority interests	-89	-44
PROFIT FOR THE PERIOD	23677	25 809	22 789	22 202