DEFINITIONS

Current prices the prices of goods and services in the reference period.

Financial leasing a lease contract by which risks and rewards of ownership are transferred from lessor to lessee. In case of financial lease the total value of the contract object is to be shown by the lessee without interest.

Investments in tangible fixed assets and investment property all expenditures on fixed assets, which prolong the service life or increase the productive capacity of capital goods, improve the quality of production or reduce production expenses. Fixed assets refer to assets, which are used in business over a longer period of time, usually for more than a year. Enterprise itself fixes the lower limits of the service life and monetary value of the object of fixed assets and makes the respective entry in the bookkeeping records. Investment property is land and /or buildings held to earn rentals or for capital appreciation or both.

Net sales income from sale of all products, goods and services received or to be received, which does not include VAT and excises. Net sales is equal with the pay received or to be received and is calculated on a accrual basis accounting. Net sales excludes subsidies.

Number of employed persons the total number of persons who work in the enterprise, irrespective of the length of their working week. Employed persons include:

- working proprietors and 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 in the staff list and on 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 homeworkers who are on the pay-roll;

- persons employed under contract for services.

Unpaid family workers refer to persons who live with the proprietor of the enterprise and work regularly for the enterprise, but who do not have an employment contract and who do not receive remuneration for the work they perform. This group includes only those persons who are not on the payroll of another enterprise as full-time employees.

The number of employed persons excludes the staff of other enterprises who carry out ordered work, and also persons who are absent from work for a long time (persons on child care leave, conscripts, etc.).

The number of employed persons is calculated as the average of a quarter.

Number of enterprises — enterprises, which were economically active in the reference period (had sales, expenditure, etc.).

Number of hours worked hours actually worked during normal working hours (of full- and part-time employees) and also overtime. If the exact number of hours actually worked is not known, it may be estimated on the basis of the theoretical number of working hours.

Personnel expenses wages and salaries and social taxes.

Social taxes paid by employer according to the valid legislation.

Stocks raw materials and materials; work-in-progress; finished goods; merchandise purchased for resale and prepayments to suppliers. Inventories are recorded at purchaser’s prices or at production cost.

Wages and salaries the total remuneration payable to all persons counted on the payroll (including homeworkers), in return for work done during the reference period.

 

FORMULAS

 

 

 

 

 

 

 

 

 

 

 

METHODOLOGY

Statistical unit

Statistical unit is the enterprise (excluding enterprises of financial intermediation).

Population and sampling frame

The population comprises enterprises, which have been entered into the statistical profile created on the basis of the database of the Ministry of Justice Centre of Registers. The statistical profile includes only economically active enterprises.

Table 1 presents the number of enterprises in the population, sample and response group by kind of activity. The group of respondents includes enterprises, which had completed the questionnaire, as well as enterprises, which had no economic activity in the reference period.

Sample

The financial data are collected by sample survey, using stratified simple random sampling. The sample was stratified by economic activity and by number of persons employed (in some activities, also by type of owner).

Enterprises have been divided into groups by economic activity according to the Estonian Classification of Economic Activities (EMTAK), which is based on the NACE (Statistical Classification of Economic Activities in the European Community) Rev. 1.

By number of employed persons, the survey included all enterprises with 20 and more employed persons, except for manufacturing enterprises, in the case of which the survey included all enterprises with 50 and more employed persons. Stratified simple random sampling was used for small enterprises (with 1–19 or, in manufacturing, 1–49 employed persons). The stratification was made by economic activity and by employment size classes.

Enterprises were classified also by type of owner according to shareholding interest (i.e. who holds the majority of votes in commercial undertaking). Enterprises are considered to be in public ownership in case the shareholding of the state or local government is 50% or more. Enterprises are considered to be in private ownership in case the shareholding of the state or local government is less than 50%.

Number of respondents

The group of respondents includes enterprises, which had completed the questionnaire, as well as enterprises, which had no economic activity in the reference period.

Confidentiality

According to the Official Statistics Act (Articles 8 and 9), Statistics Estonia is obliged to ensure the protection of the collected data. The data can be used only for statistical purposes. The data are disseminated and transmitted in a generalised form, all characteristics, which permit identification of respondents, are excluded, the data have to be grouped in at least threes where the proportion of each respondent's data in aggregations does not exceed 90%. In case there are only one or two enterprises in a group, the data can be transmitted or disseminated only by the written consent of respondents.

CLASSIFICATIONS

Estonian Classification of Economic Activities (EMTAK 2003) based on NACE Rev.1.1

A 01

..agriculture, hunting and related service activities

A 02

.forestry, logging and related service activities

B 05

Fishing

C

Mining and quarrying

D

Manufacturing

DA15

..manufacture of food products and beverages

DA151

......production, processing and preserving of meat and meat products

DA152

......processing and preserving of fish and fish products

DA153

......processing and preserving of fruit and vegetables n.e.c.

DA154

......manufacture of vegetable and animal oils and fats

DA155

......manufacture of dairy products

DA156

......manufacture of grain mill products, starches and starch products

DA157

......manufacture of prepared animal feeds

DA158

......manufacture of other food products

DA159

......manufacture of beverages

DB17

....manufacture of textiles

DB18

....manufacture of wearing apparel; dressing and dyeing of fur

DC

..tanning and dressing of leather and manufacture of leather products

DD

..manufacture of wood and wood products

DE21

....manufacture of pulp, paper and paper products

DE22

....publishing, printing and reproduction of recorded media

DF23

..manufacture of coke, refined petroleum products, nuclear fuel

DG24

..manufacture of chemicals and chemical products

DH25

..manufacture of rubber and plastic products

DI26

..manufacture of other non-metallic mineral products

DJ27

....manufacture of basic metals

DJ28

..manufacture of fabricated metal products, except machinery and equipment

DK29

..manufacture of machinery and equipment n.e.c.

DL30

....manufacture of office machinery and computers

DL31

....manufacture of electrical machinery and apparatus n.e.c.

DL32

....manufacture of radio, television and communication equipment and apparatus

DL33

....manufacture of medical, precision and optical instruments, watches and clocks

DM34

....manufacture of motor vehicles, trailers and semi-trailers

DM35

....manufacture of other transport equipment

DN36

....manufacture of furniture; manufacturing n.e.c.

DN361

......manufacture of furniture

DN37

....recycling

E

Electricity, gas and water supply

E 40

..electricity, gas, steam and hot water supply

E 41

..collection, purification and distribution of water

F 45

Construction

G

Wholesale and retail trade; repair of motor vehicles etc.

G 50

..sale, repair of motor vehicles; retail sale of automotive fuel

G 51

..wholesale trade and commission trade

G 52

..retail trade, excl motor vehicles; repair of household goods

H 55

Hotels and restaurants

I

Transport, storage and communication

I 601

..railway transport

I 602

..other land transport

I 61

..water transport

I 62

..air transport

I 63

..supporting transport activities; travel agencies

I 64

..post and telecommunications

I 641

....post and courier activities

I 642

....telecommunications

K

Real estate, renting and business activities

K 70

..real estate activities

K 71

..renting

K 72

..computer and related activities

K 73

..research and development

K 74

..other business activities

M 80

Education

N 85

Health and social work

O

Other community, social and personal service activities

O 90

..sewage and refuse disposal, sanitation and similar activities

O 92

..recreational, cultural and sporting activities

O 93

..other service

MORE DATA

Ettevõtlus. Business

Eesti Statistika Kuukiri. Monthly Bulletin of Estonian Statistics

In previous years, the respective data were published in the quarterly bulletins:

Ettevõtete Finantsnäitajad. Financial Statistics of Enterprises,

Investeeringud Põhivarasse. Investments in Fixed Assets,

Tööstus. Industry,

Kaubandus. Teenindus. Trade. Service Activities,

Kinnisvaratehingud (only in Estonian).

OTHER INFORMATION

The data of short-term financial statistics of enterprises have been collected by quarterly statistical questionnaires and the data include only non-financial enterprises. The data do not include information about budgetary institutions and organisations, non-profit institutions and sole proprietors. There are also no data about enterprises of financial intermediation, as their structure of balance and profit statement differs from that of other enterprises.

 

CONTACT PERSON

Toomas Rei

Industry, Construction and Energy Statistics Service

Enterprise Statistics Department

Tel +372 625 9193

toomas.rei@stat.ee

Updated: 30.05.2008