Economy & Society

Financial responsibility

By continuously developing its business operations Tikkurila aims to achieve profitable growth and to strengthen its market position. At the same time, the company generates added value for its shareholders, customers and other stakeholders.


Generated and distributed direct economic value in 2011

EUR million

Direct economic value generated (I)


a) Revenue

643.7

Economic value distributed (II)


b) Operating costs

465.9

c) Employee wages and benefits

116.2

d) Payments to providers of capital

10.8

e) Payments to government (Gross taxes)

15.2

f ) Community investments

0.1

Economic value retained (I-II)

35.5



Tikkurila's financial development in 2011 is widely described in Tikkurila’s Annual Report:
Publications

Fines and penalties

No fines or penalties were imposed on Tikkurila in 2011.

This page has been reviewed by KPMG as a part of its assurance of Tikkurila’s Corporate Responsibility reporting for 2011. Please refer to Assurance Report for a full description of the conclusions and the scope and nature of assurance offered.