DEFINITIONS

Financial leasing – a lease contract by which all risks and rewards of ownership are transferred from lessor to lessee.

Fixed assets – include long-term financial assets (including shares and securities), investment properties, intangible and tangible assets.

Investments in fixed assets – the cost of buildings, equipment, machinery, vehicles, installation, etc. purchased in the reference period; in the case of construction and reconstruction of the existing fixed assets, it includes also the cost of work done; investments in intangible goods and in valuables.

Investment property – land and /or buildings held to earn rentals or for capital appreciation or both.

Net profit (loss) – the difference between the income and expenses of an accounting entity during an accounting period.

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. In tables the indicator ‘Net sales’ generally includes subsidies if the additional note is absent.

Number of employees – persons who work for an employer and who have a contract of employment and receive compensation in the form of wages, salaries, fees, gratuities, piecework pay or remuneration in kind. Number of employees is measured as an annual average.

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.

Number of persons employed – total number of persons who work in the enterprise, irrespective of the length of their working week. The number of persons employed is measured as an annual average.

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.).

Sale to non-residents  – the revenue from the sale of goods and services to non-residents.

Personnel expenses are made up of wages and salaries, and social tax.

Total profit (loss) – net sales minus costs.

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 of productivity measures

 

Ratio

Formula

Productivity measures by net sales

 

 

Productivity of labour (thousand kroons)

net sales

—–———————————————

average number of persons employed

 

Productivity per hour (kroons)

net sales

—–———————————————

number of hours worked by employees

 

Productivity of personnel costs (kroons)

net sales

—–———————

personnel expenses

 

Total productivity (kroons)

net sales

—————

costs

Productivity measures by value added

 

Productivity of labour (thousand kroons)

value added

—–———————————————

average number of persons employed

 

Productivity per hour (kroons)

value added

—–———————————————

number of hours worked by employees

 

Productivity of personnel costs (kroons)

value added

—–———————

personnel expenses

 

Total productivity (kroons)

value added

——————

costs

Value added at factor cost

net sales (without subsidies) + change in stocks of work-in-progress and finished goods (stocks at the end minus stocks at the beginning of the reference year) + capitalized self-constructed assets + other revenue (without profit from the sale of tangible assets) – other expenses (without loss from the sale of tangible assets) – costs of merchandise, materials, supplies, intermediate goods, electricity, fuel, power, laid-out work – duties and taxes linked to production – taxes on products

 

METHODOLOGY

PREFACE

The financial data of enterprises have been collected on the basis of the annual statistical questionnaire “EKOMAR”.

DATA PROCESSING

Statistical unit

Statistical unit is the enterprise as a company – public limited company, private limited company, general partnership, limited partnership, commercial association and branch of foreign company.

Population and sampling frame

Survey population comprise enterprises, which are included in the register of economically active enterprises called statistical profile. The statistical profile is created on the basis of the database of the Ministry of Justice Centre of Register and is used as a sampling frame.

Sample

The financial data (excluding enterprises of financial intermediation) are collected by sample survey, using stratified simple random sampling. The population was stratified by economic activity, by number of persons employed and by type of owner.

Data of financial enterprises are collected exhaustively.

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 Communities).

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%.

All state and municipal enterprises as well as enterprises of private ownership with 20 or more employees are completely enumerated. The rest of enterprises belonging to Estonian and foreign persons in private law are sampled. The data collected by sample survey were expended to the whole population.

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

 

G

Wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods

50

Sale, maintenance and repair of motor vehicles and motorcycles; retail sale of automotive fuel

501

Sale of motor vehicles

502

Maintenance and repair of motor vehicles

503

Sale of motor vehicle parts and accessories

504

Sale, maintenance and repair of motorcycles and related parts and accessories

505

Retail sale of automotive fuel

51

Wholesale trade and commission trade, except of motor vehicles and motorcycles

511

Wholesale on a fee or contract basis

512

Wholesale of agricultural raw materials and live animals

513

Wholesale of food, beverages and tobacco

514

Wholesale of household goods

5141

Wholesale of textiles

5142

Wholesale of clothing and footwear

515

Wholesale of non-agricultural intermediate products, waste and scrap

5151

Wholesale of solid, liquid and gaseous fuels and related products

5152

Wholesale of metals and metal ores

5153

Wholesale of wood, construction materials and sanitary equipment

5154

Wholesale of hardware, plumbing and heating equipment and supplies

5155

Wholesale of chemical products

518

Wholesale of machinery, equipment and supplies

519

Other wholesale

52

Retail trade, excl motor vehicles and motorcycles; repair of personal and household goods

521

Retail sale in non-specialized stores

5211

Retail sale in non-specialized stores with food, beverages or tobacco predominating

5212

Other retail sale in non-specialized stores

522

Retail sale of food, beverages and tobacco in specialized stores

523

Retail sale of pharmaceutical and medical goods, cosmetics and toilet articles

5231

Dispensing chemists

5232

Retail sale of medical and orthopaedic goods

5233

Retail sale of cosmetic and toilet articles

524

Other retail sale of new goods in specialized stores

5241

Retail sale of textiles

5242

Retail sale of clothing

5243

Retail sale of footwear and leather goods

5244

Retail sale of furniture, lighting equipment and household articles n.e.c.

5245

Retail sale of electrical household appliances and radio and television goods

5246

Retail sale of hardware, paints and glass

5247

Retail sale of books, newspapers and stationery

5248

Other retail sale in specialized stores

525

Retail sale of second-hand goods in stores

526

Retail sale not in stores

5261

Retail sale via mail order houses

527

Repair of personal and household goods

MORE DATA

Eesti statistika aastaraamat. Statistical Yearbook of Estonia

Ettevυtlus. Business

CONTACT PERSON

Tatjana Semjonova

Enterprise and Agricultural Statistics Department

Tel +372 625 9163

tatjana.semjonova@stat.ee

Updated: 12.05.2008