Economic Accounts for Agriculture - Preliminary Results

The main purpose of the Economic Accounts for Forestry is to analyse the production process and primary income generated by it.

Ideas and rules of the EAF lie in the European System of Accounts ESA 1995, which allows comparison of data among states of Europe. The main concepts and definitions are the same as in the National Accounts. The methodical principles applied for compiling the EAF are based on the equal standard that is used for the Economic accounts for agriculture (described in the Manual on the Economic Accounts for Agriculture and Forestry EAA/EAF Rev. 1.1.).

The output of the forestry sector valued at the current basic prices amounted to 28 497,6 mil. CZK in the year 2003. The most significant part of this output has timber shared 61,4 %, the output of the coniferous timber is predominating. The rest of the total output is made up especially by the forestry work supplied to the other unit, it means forestry services (20,9 %), and non-forestry secondary activities that shared the output of the forestry sector by 14,7 % in the year 2003 (inseparable activities, for example wood-working and agriculture activities, real estate services, land transport).

The intermediate consumption 18 105,6 mil. CZK shared the total output by 63,5 %. The intermediate consumption of other goods and services (33,7 %), forestry services (32,9 %) and maintenance of materials (22,1 %) represented the most important part of the total intermediate consumption.

The gross value added at basic prices was 10 392,0 mil. CZK in the year 2003. The net value added at basic prices was 8 903,9 mil. CZK (acquired from gross value added after deducting fixed capital consumption).

The factor income was 9 066,9 mil. CZK, the operating surplus amounted to 3 672,1 mil. CZK. The compensation of employees was 5 394,8 mil. CZK