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Articles containing the keyword 'jointly owned forest holdings'

Category : Article

article id 5489, category Article
Markku Penttinen, Matti Kinnunen. (1992). Profitability of forestry in jointly-owned forests of Northeastern Finland and Lapland. Silva Fennica vol. 26 no. 4 article id 5489. https://doi.org/10.14214/sf.a15650
Keywords: forest management; forestry; northern Finland; profitability; co-ownership; jointly owned forest holdings
Abstract | View details | Full text in PDF | Author Info

The profitability of jointly owned forest holdings in the two northernmost forest board districts of Finland was studied by means of ratio analysis. A time series of profit and loss statements and balance sheets from 33 holdings covering the fiscal years ending 1981–1990 served as the database. The studied area was 348,038 ha, the allowable cut 304,300 m3 per year and the average turnover, deflated by the wholesale price index, FIM 57.6 million per year. The key result obtained was that the average annual profit was FIM 107 per hectare and FIM 110 per m3. The time series showed that the ratios had increased significantly over the calculation period.

The PDF includes an abstract in Finnish.

  • Penttinen, E-mail: mp@mm.unknown (email)
  • Kinnunen, E-mail: mk@mm.unknown

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