Economic responsibility

Economic responsibility - A-Katsastus

Economic responsibility is the foundation of all business activity

We see economic responsibility as solid financial management, effective use of resources and long-term business development. By operating profitably, we are able to develop our business and look after our personnel and the environment. Internally our operations are guided by good corporate governance and collectively agreed rules and methods of operation.

Our operations are based on our Code of Conduct, which requires uncompromising compliance with local legislation from all our personnel in all countries in which we operate. Our business units observe local laws and regulations in taxation, as in other matters, and we pay tax on the result of our group companies in accordance with the matching principle in the countries in which each company operates. Tax minimisation between the different countries of operation is not part of our policy.

Our development strategy is to invest the business result in developing the Group's services, in equipment and in our network of operating units.

Direct and indirect taxes 2012

In 2012, the A-Katsastus Group paid or accounted for a total of EUR 61.1 million in taxes. The amount of indirect taxes was EUR 49.6 million. The Finnish business of A-Katsastus accounted for EUR 27.8 million of total taxes paid.

Finland and Belgium generated the largest amounts of payable and accounted taxes. These were also the countries with the largest business units. Most of the Group's personnel, i.e. 87 per cent, worked in these two countries.

Direct and indirect taxes 2013

In autumn 2013, A-Katsastus Group sold businesses in both Belgium and Denmark. For this reason, figures for calendar year 2013 are not comparable with the previous year. At the end of the year, of the countries belonging to the Group, Finland generated the largest amount of payable and accounted taxes. The Finnish business of A-Katsastus accounted for EUR 28.7 million of total taxes paid.

Direct and indirect taxes 2014

In 2014 A-Katsastus Group had operations in five countries and paid or accounted for a total of  EUR 34.9 million in taxes. The Finnish business of A-Katsastus accounted for 77 per cent i.e. EUR 27.1 million of total taxes paid. Second biggest business unit was in Sweden, which paid or accounted 18 per cent of all taxes.