Our objective is to provide appropriate premises for our customer universities efficiently and on a long-term basis. The main principle behind our financial responsibility is a long-term financial policy that guarantees a sustainable foundation for our operations. This also plays a key role in fulfilling the aforementioned objective. Our aim is to have an economical financing base that supports risk management and enables the implementation of even major investment projects.
Our direct economic impacts consist of purchasing services and materials from subcontractors, personnel expenses, income taxes and property taxes paid by the company, dividends and investments. We regularly monitor our financial and operational indicators, such as our project situation and energy consumption.
SYK gives employment for the amount of about 2000 man-year indirectly per one year of which 32 is own personnel. So the company is in significant role with its investments and services that are provided by us. Figures are based on SYK’s income statement and they are converted to man-years by the aid of statistics of organisations: KTI and Construction industry.
We are one of the largest payers of property taxes in all of the municipalities we operate in, and in the Pirkanmaa economic area, we are one of the largest payers of corporate income tax. In 2016, we paid taxes amounting to EUR 19.2 million in total, of which property taxes represented 56.8 per cent. We paid property taxes in 19 municipalities, totalling EUR 10.9 million. All of our taxes were paid in Finland.
We are one of the largest payers of property taxes in all of the municipalities we operate in.
We renovate existing properties whenever possible and refrain from building unnecessary new space.
Responsibility in campus development means maintaining the vitality of our campuses. We understand the significance of campuses as part of the urban infrastructure and take a long-term approach to finding new life for campuses. We seek suitable functions or operators for vacated premises.
We use our resources wisely. We renovate existing properties whenever possible and refrain from building unnecessary new space. We also recognise the importance of maintaining the cultural heritage of our properties and preserve it whenever possible.
We take user needs into consideration in the design and implementation of premises.
to 2015: 102 %
Operating profit compared
to 2015: 108%
|Property tax||10,9 M€|
|Income tax||6,6 M€|
|Withholding tax||0,7 M€|