Altia Corporation

Financial Responsibility

For Altia, financial responsibility stands for creating added value to the shareholders. Sound financial performance enables persistent development of operations and investing in the well-being of employees.

Profitable growth, good customer relationships, ongoing development of brands and cooperation with the partners, skilful personnel, development of practices and processes, as well as knowledge of consumers form the basis for creating added value.

Added value to the stakeholders

Direct effect

 

Altia 2010 (2009)

Indirect effect

Customers: 
Altia receives revenues from the sales of alcoholic beverages as well as industrial services, feed, starch, technical ethanol and carbon dioxide.

Customers: 
Altia offers unique and the most comprehensive product range of its operating area.

Employees: 
Altia pays salaries, commissions and other indirect costs for employers.

Employees: 
Altia builds for its personnel of more than 1,100 persons a corporate culture which helps to support work-related well-being.

Suppliers: 
Altia buys raw materials, goods and services from local and international suppliers.*


Suppliers:
Altia creates additional value for suppliers by the joint development work between varieties of grain, packaging solutions and flavor selections of the products.

Public sector: 
Altia pays excise and income taxes to society. Excise taxes are not included in turnover.**


Public sector:
Altia takes financial responsibility by taking care of taxes and social contributions and creating jobs in Altia and for suppliers.
   
 

Dividends to shareholders

  

* Altia paid in total EUR 20.4 (12.4) million to its farmer partners for the barley used.

** Taxes paid in Finland amounted to EUR 254.6 (251.4) million.

Grants and donations: 
Altia does not give grants or donations with the exception of small-scale, EUR 0.1 (0.0) million, participation in events in the plant locations. Grants or donations are not distributed to any political parties or actors.

Altia companies