LFV Annual report 2018 1
DIRE C T OR ’ S REPOR T L F V 2018 CIVIL DEFENCE
AND STRENGTHENED SECURITY WORK During the year, work has been done to strengthen national defence against the background of the political situation that has been developing in the region. Work to strengthen security has also begun, and will be ongoing in accordance with the LFV’s commission. PARTICIPATION IN MILITARY EXERCISES LFV has participated in several exercises together with the Swedish Armed Forces, including Trident Juncture 18, which is one of NATO’s largest exercises, and was conducted during the autumn in Norway. WARTIME POSTING OF STAFF By December, LFV had given wartime posts to all staff who are needed for operations during times of heightened preparedness. Giving wartime postings to personnel is a planning measure that the authority has implemented in accordance with assignments in the appropriation directions. KEY PERFORMANCE INDICATORS Net turnover (MSEK) 2018 3,156 Result after financial income and expenses (MSEK) Return on equity (%) Equity/assets ratio (%) Investments (MSEK) Aircraft movements, thousands Number yearly employees 5 1 9 324 785 982 2017 3,253 -78 (neg.) 9 227 762 974 Difference -97 +83 – – +97 +23 +8 REVENUE DISTRIBUTION (%) 4 4 23 54 9 15 Route charges Revenue from local air navigation services Compensation, associated company NUAC Other commercial revenue Other income 17 18 Wage costs Social security contributions Pension costs Other operating expenses Compensation, associated company NUAC Depreciation DISTRIBUTION OPERATING EXPENSES (%) 5 27 25 500 1000 1500 2000 2500 3000 3500 0 2016 2017 2018 REVENUE (MSEK) 3,149 3,253 3,156 500 1000 1500 2000 2500 3000 3500 0 2016 2017 2018 EXPENSES (MSEK) 2,911 3,008 3,013 13