Finances

Finances in 2020

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 55 per cent of the Institute's expenses.

  • Budget financing EUR 41.1 million

  • Revenues              EUR 33.1 million

The target set for the surplus from commercially priced services was reached.

Revenues from the sales of cost-priced public services and commercial services totalled EUR 13.1 million.

Revenues from co-funded operations amounted to EUR 19.4 million.

Expenditure in 2020

The Insitute's total expenditure came to EUR 74.2 million. This was 7.1 million less than in the previous year.

Costs in 2020

Costs were followed by means of activity-based costing. Salary costs continued to be the biggest item in the cost structure, accounting for 55.3 per cent of the total. Operating costs accounted for 36.7 per cent and capital costs for 8.0 per cent. The Institute's total costs amounted to EUR 77.9 million, which was 4.8 million less than in the previous year.

  • Salary costs       EUR 43.0 million

  • Operating costs EUR 28.6 million

  • Capital costs      EUR  6.3 million

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