Annual economic indicators of service enterprises (until 2015)

Statistics Estonia

Enterprise and Agricultural Statistics Department

Reet Nestor

Leading Statistician-Methodologist

51 Tatari Str, 10134 Tallinn, Estonia

reet.nestor [at] stat.ee

+372 625 9131

09/01/2015

09/01/2015

Service enterprises’ assets, liabilities and equity; investments in fixed assets; income statement, employment and hours worked; value added and productivity measures; turnover from services by economic activity (EMTAK 2008) and number of persons employed

Estonian Classifcation of Economic Activities (EMTAK 2008) based on NACE Rev. 2

Information and communication, Real estate activities, Professional-, scientific and technical activity, Administrative and support service activities, Education, Human health and social work activities, Arts, entertainment and recreation, Other service activities

Assets total – sum of current and fixed assets, which is equal to the sum of liabilities and equity.

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 information and communication; real estate activities; professional, scientific and technical activities; administrative and support service activities; education; human health and social work activities; arts, entertainment and recreation; or other service activities

FRAME

List of active enterprises whose main activity is information and communication; real estate activities; professional, scientific and technical activities; administrative and support service activities; education; human health and social work activities; arts, entertainment and recreation; or other service activities. The list is generated from the Business Register for Statistical Purposes.

Estonia as a whole

2000–…

Not applicable.

Financial data – thousand euros

Year

DIRECTLY APPLICABLE LEGAL ACT

Not available.

Official Statistics Act

OTHER AGREEMENTS

Organisation for Economic Co-operation and Development (OECD)

United Nations Organisation (UNO)

The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 34 and § 35 of the Official Statistics Act.

The treatment of confidential data is regulated by the Procedure for Protection of Data Collected and Processed by Statistics Estonia: http://www.stat.ee/dokumendid/19410.

Notifications about the dissemination of statistics are published in the release calendar, which is available on the website. On 1 October each year, the release times of the Statistical Database, news releases, main indicators by IMF SDDS and publications are announced in the release calendar (in case of publications – the release month).

http://www.stat.ee/release-calendar

All users have been granted an equal access to official statistics: this means that the dissemination dates of official statistics have to be announced in advance and no user category (incl. Eurostat, state authorities and mass media) can have access to the official statistics (results of official statistical surveys) before other users. Statistical information is first published in the Statistical Database. In case a news release is published based on the same data, the information provided in the relevant news release is simultaneously published in the Statistical Database. Official statistics are available on the website at 8.00 a.m. on the date announced in the release calender.

Year

Not published.

„Eesti statistika aastaraamat. Statistical Yearbook of Estonia”

Data are published under the heading „Economy/ Service activities” in the Statistical Database in http://pub.stat.ee.

The dissemination of data collected for the purpose of producing official statistics is guided by the requirements provided for in § 34, § 35, § 36, § 37, § 38 of the Official Statistics Act. Access to micro-data and anonymisation of micro-data are regulated by Statistics Estonia’s „Procedure for dissemination of confidential data for scientific purposes”: http://www.stat.ee/dokumendid/51669.

Not published.

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

Data on the quality of the population, sample and respondents are published in the Statistical Database.

To assure the quality of processes and products, Statistics Estonia applies the EFQM Excellence Model, EU Statistics Code of Practice and the ESS Quality Assurance Framework (QAF). Statistics Estonia is also guided by the requirements provided for in § 7. „Principles and quality criteria of producing official statistics” of the Official Statistics Act.

Statistics Estonia performs all statistical activities according to an international model (Generic Statistical Business Process Model – GSBPM). According to the GSBPM, the final phase of statistical activities is overall evaluation using information gathered in each phase or sub-process (this information includes, among other things, feedback from users, process metadata, system metrics and suggestions from employees). This information is used to prepare the evaluation report which outlines all the quality problems related to the specific statistical activity and serves as input for improvement actions.

Ministry of Economic Affairs and Communications

Ministry of Social Affairs

Ministry of the Interior

Eesti Pank

Users’ suggestions and information about taking them into account are available on the SE website http://www.stat.ee/tooplaan.

Since 1996 Statistics Estonia conducts reputation surveys and user surveys.

All results are available on the website http://www.stat.ee/user-surveys.

In compliance with the rules (regulations).

The type of survey and the data collection methods ensure sufficient coverage and timeliness.

Standard error estimates have been computed for considerable aggregated data.

Not measured.

The data are released 442 days upon the end of the reference year (T+442).

(2012) T+444

(2011) T+442

The data have been published at the time announced in the release calender.

The data are comparable with the data of other European Union Member States.

The data are comparable since 2005.

Not applicable.

The outputs of the statistical activity are coherent. Higher-level aggregations are derived from detailed data according to pre-defined procedures.

–

The data revision policy and notification of corrections are described in the dissemination policy of Statistics Estonia http://www.stat.ee/dissemination-policy.

The published data may be revised if the methodology is modified, if errors are discovered, if new or better data become available.

SURVEY DATA

Not used.

ADMINISTRATIVE DATA

Not used.

DATA FROM OTHER STATISTICAL ACTIVITIES

Data from statistical activity 20300 „Annual financial statistics of enterprises” are used.

Year

Not applicable.

Arithmetic and qualitative controls are used in the validation process, including comparison with other data.

The indicators to be published are calculated on the basis of the collected data.

Not used.

Not available.