Annual economic indicators of construction enterprises (until 2015)
Statistical activity code: 20320
Construction enterprises’ assets, liabilities and equity; investments in fixed assets; income statement, employment and hours worked; value added and productivity measures by economic activity (EMTAK 2008) and number of persons employed; construction production in Estonia by type of construction and county
Estonian Classifcation of Economic Activities (EMTAK 2008) based on NACE Rev. 2
Assets total – sum of current and fixed assets, which is equal to the sum of liabilities and equity.
Construction activities – the revenue from construction activities and construction for own use. There is double-account in the part of sub-contracting work.
Construction production in Estonia – sales of construction activities without the cost of subcontract work purchased in Estonia and construction activities in foreign countries, to which the changes in work-in-progress have been added or respectively deducted from.
Current assets – cash and bank; assets, which are expected to be sold or otherwise used up usually within one year, or one business cycle.
Equity – (net assets) the owners’ interest on the assets of the enterprise after deducting liabilities.
Fixed assets – assets purchased for continued and long-term use in an enterprise, usually more than one year.
Investment property – land and/or buildings held to earn rentals or for capital appreciation or both.
Investments in fixed assets – the cost of buildings, land, equipment, machinery, vehicles, installation, etc. purchased in the reference period; in the case of construction and reconstruction of the existing fixed assets, it also includes the cost of work done; investments in intangible fixed assets and valuables. The acquisition of property classified as investment property is also included.
Liabilities – current and long-term liabilities.
Net profit (loss) – turnover + other revenue + financial income – costs total – other expenses – financial costs – income tax.
Number of employees – persons who work for an employer, have a contract of employment and receive compensation in the form of wages, salaries, fees, gratuities, piecework pay or remuneration in kind.
Number of enterprises – the number of active enterprises or enterprises, which were economically active in the reference period (turnover, expenditure, etc.).
Personnel expenses – wages and salaries, and social tax.
Persons employed – persons who work for the enterprise, irrespective of the length of their working week.
Employed persons include:
- working proprietors and their unpaid family members;
- full- and part-time employees who are on the pay-roll;
- persons who work outside the unit (sales representatives, delivery personnel, repair and maintenance teams, etc.) but who are on the staff list and the pay-roll of the enterprise;
- persons temporarily absent from work (persons on sick leave, paid leave, study leave, on strike, etc.);
- seasonal workers, trainees (apprentices) and home-workers who are on the pay-roll;
- persons employed under the contract for services.
Sale to non-residents – the revenue from the sale of goods and services to legal persons registered or natural persons residing abroad, i.e. outside Estonia.
Turnover (formerly ‘net sales’) – income from sale of all products, goods and services received or to be received, which does not include VAT and excises. Turnover is equal with the pay received or to be received and is calculated on a accrual basis accounting. Turnover excludes subsidies.
Value added – (at factor cost) the gross income from operating activities after adjusting for operating subsidies and indirect taxes.
Enterprise – company
Enterprises whose main activity is construction
List of active construction enterprises. The list is generated from the Business Register for Statistical Purposes.
Estonia as a whole
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„Eesti statistika aastaraamat. Statistical Yearbook of Estonia”
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Data serve as input for statistical activities 20401 „Construction Price Index” and 50101 „Estonian regional development”.
Commission regulation (EC) No 250/2009 of 11 March 2009 implementing Regulation (EC) No 295/2008 of the European Parliament and of the Council as regards the definitions of characteristics, the technical format for the transmission of data, the double reporting requirements for NACE Rev.1.1 and NACE Rev.2 and derogations to be granted for structural business statistics
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DATA FROM OTHER STATISTICAL ACTIVITIES
Data from statistical activity 20300 „Annual financial statistics of enterprises” are used.
Arithmetic and qualitative controls are used in the validation process, including comparison with other data. Before data dissemination, several checks on the internal coherence of the data are carried out.
The indicators to be published are calculated on the basis of the collected data.