The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.

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Annual repair

Foreseen repair based on the annual repair plan. The annual repair plan usually includes an annual assessment of repair needs. Unforeseen repairs can also be made in connection with annual repairs. Annual repairs increase the building's value and extend its life cycle. Annual repairs are recorded as expenses of the accounting period in the profit and loss account.

In the statistics of economy of housing companies, annual repairs refer to repair costs from which no allowances or grants have been deducted, but capitalised costs have been deducted.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Related concepts

Annual repairs refer to costs entered as expenditure in the profit and loss accounts of housing companies.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Related concepts


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