Finances


Funding

The National Library had basic resources valued at 21.7 million euros (2009:
20.3 million euros), a seven per cent increase from the previous year. Of its basic funding, 14.3 million euros were granted by the Ministry of Education and Culture and 5.2 million euros by the University of Helsinki.

As compensation for value added tax, the National Library received 0.6 million euros, and in the spring of 2011, an additional compensation of 0.5 million euros was granted. The amount of funds transferred from the previous year was 2.0 million euros.

The National Library had 6.4 million euros of external funding (2009: 5.3 million euros), of which 5.3 million euros was granted by the Ministry of Education and Culture.


Income

Income from business activities totalled 0.8 million euros (2009: 0.8 million euros), leaving a surplus of 0.2 million euros (2009: 0.1 million euros), which is included in the annual balance sheet. In addition, the National Library had 0.7 million euros invested in University of Helsinki Funds.

In addition, the National Library had 0.7 million euros invested in University of Helsinki Funds.


Expenditure

The central expense items of the National Library consisted of personnel and facility expenses as well as material acquisitions, a total of 20.6 million euros or 84 per cent of the overall expenses.

Operating expenses increased and expenses related to supplementary operations decreased by one million euros.