Finances

Finances in 2012

The Finnish Meteorological Institute’s finances consisted of appropriations from the State’s budget for the core activities and revenues from commercial services and co-funded operations. Appropriations from the State budget covered 60 per cent of the Institute’s expenses.

• Budget financing EUR 43.3 million
• Revenues EUR 28.9 million

The target set for the surplus from commercially priced services was reached. The target set for the economic self-sustainability of cost-priced public services was also attained.

Revenues from the sales of cost-priced public services and commercial services totalled EUR 14.4 million. These revenues increased by nine per cent on the previous year.

Revenues from co-funded operations amounted to EUR 14.5 million; this was 11 per cent more than the year before.
 

Expenditure in 2012

The Insitute’s total expenditure came to EUR 72.2 million. This was EUR 3.3 million more than in the previous year. The underlying reasons were new duties and increase in the number of co-funded research projects.

Costs in 2012

Costs were followed by means of activity-based costing. Salary costs continued to be the biggest item in the cost structure, accounting for 55 per cent of the total. Operating costs accounted for 39 per cent and capital costs for 6 per cent. The Institute’s total costs amounted to EUR 72.6 million, or four per cent more than the year before.

• Salary costs EUR 39.6 million
• Operating costs EUR 28.4 million
• Capital costs EUR 4.6 million

NETRA documents: The Finnish Meteorological Institute’s NETRA reporting documents are available only in Finnish.