Current issue: 54(4)
The purpose of this theoretical study was to define the factors related to wood production that affect the financial result of private forestry in Finland on the viewpoint of alternative calculation. The paper introduces the main concepts, analyses the outturn factors and discusses feasibility of some calculation methods, and finally draws up a business plan for a forest holding based on the chosen method.
In forestry, the quantitative and sustainability objectives for yield, the difference between annual proceeds and costs, and the capital value of the costs affect which factors are included in the calculation of profitability of forestry. The base-line situation for the alternative calculations is defined by an inventory. The future proceeds and costs are valuated and procedural models are formulated for the most advantageous alternatives. The main goal in private forestry is profit.
The PDF includes a summary in German.