In 2013, RMK’s annual profit was EUR 31.5 million. 01.04

At yesterday’s meeting, RMK’s Supervisory Board confirmed RMK’s audited annual report for last year, according to which RMK’s turnover for 2013 was EUR 155 million and profit EUR 31.5 million.

RMK transferred to the state EUR 15.8 million as proprietary income, on which EUR 4.2 million was paid as income tax. “RMK’s operating profit last year was EUR 35.4 million, up 26% year on year,” said Chairman of the Supervisory Board Mati Polli, adding that besides dividends RMK paid EUR 4.3 million worth of land tax into the state budget.

According to Aigar Kallas, Chairman of the Management Board of RMK, 2013 saw an up-tick of one-tenth in RMK’s forest material sales, with the sales price up by more than 3%. “The highest turnover of all time, and the second highest profit figures witnessed in 2013, demonstrate that RMK has the capacity to manage also under relatively poor market conditions,” Kallas observed.

In total, in 2013 RMK sold 3.2 million cubic metres of forest material for EUR 140 million. In addition, RMK sold 0.2 million cubic metres of wood chips, 20 000 cubic metres as cutting rights and 1600 cubic metres of wood as cutting waste. Logs made up 40%, paper wood 37%, firewood 17%, and wood chips 6% of last year’s sales volume.

Last year, a record 18.4 million new tree seedlings were planted in state forests, which is a million more than in 2012.

During the year, the Estonian people took advantage of the activity possibilities, offered in recreation areas and protected areas managed by RMK, a total of 1.7 million times. In 14 nature centres and at the Sagadi Nature School, RMK organised approximately 3000 nature awareness and preservation promotion programmes, in which about 48 000 interested people participated.

In 2012, RMK’s turnover was EUR 142.2 million, of which the sales of timber was EUR 121.2 million. EUR 36.2 million was transferred to the state budget as a net profit appropriation, on which EUR 9.6 million in income tax was paid. EUR 4 million in land tax was paid. In 2012, RMK’s annual profit was EUR 18.2 million.

RMK is a keeper, protector, and manager of the forest and other diverse and rich natural communities belonging to the Republic of Estonia. RMK earns a profit for the state through forest management, growing reforestation material, and organising forest and nature protection works. In addition, RMK establishes opportunities for nature walking and shapes nature awareness. RMK includes the Sagadi Forest Centre, Elistvere Animal Park, Tartu Arboretum, 70% of Estonian-Finnish joint company Eesti Metsataim and, as of 2014, also the Põlula Fish Farm. More than 700 people work for RMK.

Further information:
Mati Polli
Chairman of Supervisory Board of RMK
Telephone 504 6577