"For the sixth consecutive year, we have maintained impressive double-digit growth. This is the result of the systematic implementation of our strategy and investment in our people. Together, we aspire to create impact that matters to our clients, employees and to the economy. "
- Tanja Tani, CFO/COO
The solid growth path continues
Deloitte Finland contributes economic value to society through creating meaningful jobs and serving clients with high-value solutions that create an impact that matters. Additionally, Deloitte Finland creates economic value through tax payments and contributions to the community.
We have had continued growth and consolidated our position as a strong audit and advisory firm in Finland with a growth rate of 25.9% and a revenue total of EUR 154.3 million (compared with EUR 122.6 million in 2021/22). In line with our global strategy, we have accelerated the exploitation of competences from other member firms in order to bring the best of Deloitte to our clients no matter where the client is domiciled or the origin of our resources and competences.
Personnel costs, including salary payments to the partners, totalled EUR 69.7 million, which is an increase of 11.5%compared with 2021/22. The average number of personnel was 768, representing 10.5% growth from 2021/22. At the end of the fiscal year the total number of employees was 805 and 48% of our employees were men and 52% were women.
Operating profit amounts to EUR 14.4 million, which is 7.6% higher than in 2021/22. In evaluating the profit, it should be considered that the shareholders of the firm are also its partners and that their renumeration is profit related. The renumeration to shareholders consists of salary payments and dividends.
Deloitte Finland’s tax footprint consists of corporate income taxes and payroll-related costs. In 2022/23, total income taxes paid were EUR 2.9 million. The total amount of employer-paid payroll taxes – including pension, unemployment and social security fees – was EUR 12.9 million. In addition, our operations accumulate withholding taxes collected from employees and value added tax; in 2022 and 2023 these amounted to EUR 16.2 million and EUR 30.0 million, respectively.
Deloitte Finland’s contributions to the local community were EUR 50 thousand and included donations made to Hope ry, Tukikummit and our long-term partner, the Children and Youth Foundation. In addition, we signed a four-year cooperation agreement with the Finnish Olympic Committee, agreeing to support and promote active exercise at the level of society and individuals, one step at a time.
*In evaluating the profit, it should be considered that the shareholders of the firm are also its partners and that their renumerationis profit related. The renumeration to shareholders consists of salary payments and dividends.