Elisa's productive operations produce financial benefits for our shareholders, personnel, partners, subcontractors, resellers, customers, municipalities and the state.
As a responsible company, Elisa’s duty is to ensure the financial profitability of its operations and its competitive edge so that it can guarantee continuous development of its services, maintenance of its network and the provision of employment. With its R&D activities and by paying taxes, we participate in the development of society as a whole.
Elisa’s productive operations produce financial benefits for its shareholders, personnel, partners, subcontractors, resellers and customers, as well as Finnish municipalities and the state. Our objective is that our long-term and consistent strategy will continue to produce added value for our stakeholder groups in the future.
Value for our owners
Elisa's shares are listed on the Nasdaq Helsinki. We have over 200,000 shareholders. More information of our shareholder structure.
Our profit distribution policy corresponds to 80–100 per cent of the previous fiscal year's earnings.
Tax contributions everywhere in Finland
By paying taxes and other public levies, we participate in the development of society as a whole. We are one of Finland’s largest payers of corporate income tax. According to 2015 confirmed taxes, Elisa was the eighth largest payer of corporate income tax when measured in a company-specific manner. Elisa paid 90 per cent of all the taxes paid by Finnish telecom operators.
In 2015 Elisa paid EUR 363 million of taxes, of which EUR 56 million was corporate income tax in Finland. Elisa operates throughout Finland, and 36.67 per cent of the corporate income tax was allocated to municipalities, around half of it to municipalities outside the Helsinki metropolitan region.
In Estonia, the company only pays corporate income tax if it pays dividends to its owners. Elisa Estonia has not paid any dividends to its parent company.
The Research Institute of the Finnish Economy (ETLA) studies annually which companies generate the most added value, i.e. which companies benefit GDP the most. According to the 2015 study, Elisa was among the ten most important companies in Finland.
Significant investments in Finland
We are the most significant operator investor in Finland by our capital expenditure investments of nearly EUR 200 million. We build and maintain a comprehensive communications network in our main market areas in Finland and Estonia.
In 2016, our capital expenditure investments totalled EUR 226 million. Our investments were allocated directly to the development of the data communications infrastructure, 4G networks, the fixed trunk network, IT systems and customer terminal equipment.