Annual Responsibility Report

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Annual Responsibility Report

2007

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences now publishes an Annual Responsibility Report instead of an Annual Report. The report is available in electronic form only. The Finnish version can be found at www.kyamk.fi/yhteiskuntavastuuraportti and the English version at

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KyAMK’s first Annual Responsibility Report

This is the first Annual Responsibility Report published by Kymenlaakson ammattikorkeakoulu, University of Applied Sciences (KyAMK), covering KyAMK’s activities in 2007. Kymenlaak-son ammattikorkeakoulu, University of Applied Sciences decided to start publishing Annual Responsibility Reports, because universities of applied sciences undertake significant social responsibility when carrying out the obligations laid down in the Polytechnics Act: teaching, research and development and regional development.

This Annual Responsibility Report discusses last year’s operations from three perspectives:

social responsibility, environmental responsibility and financial responsibility. This way,

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences implements the principle of sustainable development that encompasses, respectively, social and cultural sustainability, ecological sustainability and financial sustainability.

All the areas of sustainable development are now included in one report, published in Finnish and English. The Annual Responsibility Report replaces KyAMK’s Annual Report. The Annual Responsibility Report is based on the information in KyAMK’s environmental report (ecological sustainability), human resources report (social and cultural sustainability) and the annual report of the limited company Kymenlaakson Ammattikorkeakoulu Oy (financial sustainability). In accordance with the values of sustainable development, this report is published in electronic form on the internet only.

Initiation of annual responsibility reporting is part of KyAMK’s strategic development. At strategic level, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences has chosen sustainable development as one of the central themes, or veins, that pass through all of

KyAMK’s activities.

Sustainable development will be integrated into KyAMK’s quality assurance system. The quality assurance system conforms to the EFQM (European Foundation for Quality Management) model, and performance is measured using the Balanced Scorecard (BSC). For most part, the information produced by these systems is in line with the international GRI (Global Reporting Initiative) guidelines. Kymenlaakson ammattikorkeakoulu, University of Applied Sciences aims to apply the GRI guidelines to its annual responsibility reporting from the very beginning. Statistical information included in the Annual Responsibility Report is obtained, for example, from the information provided by the BSC metrics.

The principles and procedures of environmental management at Kymenlaakson ammatti-korkeakoulu, University of Applied Sciences are recorded in the sustainable development programme published in 2003. The programme is based on ISO 14001 and the EMAS (Eco-Management and Audit Scheme) decree. According to the programme, Kymenlaakson ammatti-korkeakoulu, University of Applied Sciences is committed to sustainable development in all its activities and encourages its personnel and students to support measures that help to minimise the environmental burden resulting from the activities. Furthermore, Kymenlaakson ammatti-korkeakoulu, University of Applied Sciences conforms to the principles of the international Cre Copernicus declaration, according to which the principles of sustainable development are implemented in everyday activities including teaching and R&D which are developed in a more

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engaged in domestic and international networks of universities and other institutions of higher education to promote sustainable development.

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President’s review

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences had a successful year in 2007. Nearly all key figures showed favourable improvement. The key indicators of quality of instruction improved: the number of degrees

successfully completed was up by nearly 10% from the previous year, the number of Bachelor’s theses based on customer assignments rose, and the number of credits earned from R&D projects and online studies increased considerably. The financial situation is stable and the financial result was better than budgeted for, despite ongoing investment in our operations.

I would like to thank the entire personnel and all the students – this year’s success was the result of our joint efforts! We are heading in the right direction, and we are fully capable of achieving even better results in the future.

The Vice Rector was in charge of a team that focused on pedagogic development, and the results of the work will be visible in the curricula for the next

academic year. The goal is to develop a general vision of learning at KyAMK that will contribute to the quality of instruction. Integration of R&D into teaching was enhanced during the year, and R&D was successful in promoting regional development.

Ragnar Lundqvist, President/Rector

The structural development process at Kymenlaakson ammattikorkeakoulu, University of

Applied Sciences continued in accordance with the policy issued in 2005. KyAMK implemented a new organisational structure in August 2007, and the first impressions are positive. We are now in a position to take advantages of the synergies created. We streamlined our set of degree

programmes and eliminated duplication. Despite the changes, our programmes remained popular with applicants.

The moving of campuses from Elimäki to Kuusankoski and from Mussalo to Metsola in Kotka went smoothly. The students and personnel adapted well to their new premises and working environments.

Reorganisation of the campus network caused much discussion in 2007. Early in 2008 it was decided that KyAMK will operate on two campuses in the 2010s: the combined Metsola-Jylppy campus in Kotka and the Kasarminmäki campus in Kouvola. This decision will considerably expedite future financial management. Furthermore, it will enable us to focus on enhancement of instruction and improvement of quality. The discussion on the reorganisation question became heated at times, but the solution we chose is in line with the opinions of the Finnish Ministry of

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We continued the planning of a new building at the Kasarminmäki campus in Kouvola, although the plans have changed along the way. The planned transfer of University of Helsinki’s

Department of Translation Studies to Helsinki in 2009 will vacate premises in Kouvola. KyAMK intends to optimise use of the vacated premises, which is the socially correct, efficient solution. Therefore, our new building at Kasarminmäki will be smaller than originally planned, but it will nevertheless be modern, stylish and practical. In the Kouvola region, the goal is to concentrate our operations on the Kasarminmäki Campus in 2009–2010.

External structural development was carried out in accordance with the guidelines of the Finnish Ministry of Education. Kymenlaakso, South Karelia and Mikkeli Universities of Applied

Sciences and Lappeenranta University of Technology (LUT) will engage in co-operation in Southeast Finland. In autumn 2007, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences hired Senior Lawyer Markku Linna to investigate opportunities and alternative

solutions for co-operation between the higher education institutions in Southeast Finland. His report at the end of the year proposed that in future, higher education institutions could be organised as subsidiaries in a group of limited companies, working as equal partners. However, the higher education institutions in the region are not ready for this yet. Instead, in 2008 the institutions involved initiated discussions on closer co-operation and distribution of work. Regional needs and the reports published by the Finnish Ministry of Education’s national-level working groups will probably feed this discussion.

The R&D and competence strategy for 2008–2012 was updated under the leadership of the Development Director. The work was carried out in spring and summer 2007 by a large co-operative team that included staff members from KyAMK and experts from various industries. Four spearheads were chosen for KyAMK: preventive health care, safety of transport chains, emission measurement and product and business innovation processes. They support our

previously chosen profile that is based on international business, logistics and health promotion. The strategy work also specified five veins that will become manifest in our everyday work (curricula and R&D, for example). They are sustainable development, service expertise, safety, expertise on Russia and entrepreneurship. Implementation of the strategy will be one of our most important ventures over the next few years.

We were not quite as active in R&D as previously, partly as a result of technical reasons, but the number of R&D projects was nevertheless satisfactory. We systematically aimed for more extensive projects and integration of R&D into teaching. Multi-disciplinary projects were promoted, and the proportion of international projects increased.

We are undergoing a period of continuing change. This requires patience, flexibility and strength from personnel and students. I know that the work has been hard at times, but the staff have managed outstandingly – once more, I would like to express my thanks to everyone! We are on the right track, and it will help us to achieve good results over and over again.

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Kymenlaakso University of Applied Sciences –

achiever of success

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences (KyAMK) has three principal commitments, defined in the Polytechnics Act: education, research and development (R&D) and regional development. These obligations are carried out in close co-operation with the world of work, educational organisations and other actors.

Services and organisation in 2007

KyAMK provides multi-disciplinary higher education at seven campuses located in Kotka, Kouvola and Kuusankoski. The education includes degree-awarding Bachelor and Master programmes for young people and adults, studies at open university of applied sciences and other continuing education programmes. The fields of study are Technology, communication and transport, Natural resources and the environment, Social sciences, business and administration, Culture and Social services, health and sports. The profile of KyAMK is based on three areas of focus:

• international business – Kouvola

• logistics – Kotka

• health promotion – Kotka and Kuusankoski.

The organisation consists of four profit centres: three faculties based on KyAMK’s profile and

the Training Services unit.

The faculties form three major centres of education and R&D, and they encompass seven

departments altogether. In the academic year 2007–2008, the departments provided instruction in 18 degree programmes with a total of 42 specialisations.

From 1 August 2007, the faculties and departments and their leaders are as follows:

• International Business and Culture, Kouvola, 1,500 students, Director Raimo Pelli

− Business, 920 students, Manager of Department Markku Puustelli

− Design and Media, 580 students, Manager of Department Kata Lyytikäinen

• Social and Health Care, Kotka and Kuusankoski, 830 students, Director Seija Aalto

− Social Care, Kuusankoski, 350 students, Manager of Department Auli Jungner

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Organisational chart

• Technology, Forestry and Transport, Kotka, 2,020 students, Director Juha Rissanen

− Seafaring and Logistics, 820 students, Manager of Department Tapani Salmenhaara

− Forestry and Wood Technology, 400 students, Manager of Department Kauko Yläsaari

− Technology, 800 students, Manager of Department Markku Huhtinen.

The Language Department provides language instruction for all departments, and the

Mathematics and Science Department is responsible for Mathematics and science instruction in Kotka.

• Language Department, Manager of Department Olli Ervaala

• Mathematics and Science Department, Manager of Department Timo Harju

In addition, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences has the following nine service units:

• Human Resources Services, Human Resources Manager Seija Rajamäki

• International Affairs, Manager of International Affairs Henrik Luikko

• Housing Management, Property Manager Heikki Kalve

• Library and Information Services, Library Manager Iiris Kuusinen

• Student Guidance and Administration, Manager Ulla Talvi

• Financial Management, Financial Director Antti Paloneva

• Data Administration, Data Administration Manager Timo Pirtilä Research and Development Support Services Kari Kok

• , Director konen

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The Principal Undertaking of Kymenlaakson ammattikorkeakoulu, University of Applied Sciences is to reinforce expertise in the region systematically at an individual, business and industrial level. Kymenlaakso University of Applied Sciences augments human resources in the region and undertakes an active role in promoting a regional innovation system and improving regional expertise. A further undertaking is to strengthen the cultural identity of the region in various ways. These tasks are carried out proactively and in co-operation with regional, national and international partners and development organisations.

Main objectives

The main objectives are to offer degree programmes and training services and engage in R&D projects and other activities that promote welfare in the region and respond to the competence- and development-related needs of individuals, companies and other stakeholders, promoting their success.

Values

Our Target Value, high professional expertise, is based on

• trust

• co-operation skills

• adaptability.

Vision, Principal Undertaking and values

Vision 2012

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences is a higher education institution that provides high-quality education, fosters competence, conducts applied research and engages in regional development in Southeast Finland as an important, target-oriented member of an efficient network of organisations.

Mission Statement

The multi-disciplinary Kymenlaakson ammattikorkeakoulu, University of Applied Sciences produces high-quality professional experts and maintains close links with the world of work and other training and research organisations. Kymenlaakso University of Applied Sciences

promotes competence, innovativeness and welfare in the region through training, R&D and services and fosters areas of expertise that are important at the national level.

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er network

ammattikorkeakoulu, University of Applied Sciences operates at local, regional,

y. ic effects.

ates that universities of applied sciences should engage in co-operation ns,

KyAMK’s operating environment and partn

Kymenlaakson

national and international levels. The operating environment includes social and political institutions and other elements that have direct or indirect effects on the operations. The operating environment is linked to developments in society, such as legislation and the econom KyAMK’s degree programmes, continuing education programmes, projects, services, R&D projects and other activities have various social and econom

The Polytechnics Act st

with industry, businesses and the world of work in general, particularly within their own regio as well as with higher education institutions and other educational institutions in Finland and abroad.

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Key figures 2006–2008

Realised in 2006 Realised in 2007 Target for 2008 FINANCIAL RESPONSIBILITY Scope of operations Turnover, EUR 26,082,151 26,870,942 28,910,085

Other income, EUR 5,263,234 4,970,525 4,123,830

Profitability

Operating profit, EUR 854,475 676,775 1,432,836

Operating profit, % 3.3 2.5

Profit/loss for the financial year, EUR 889,686 734,358 1,280,797

Profit/loss, % of turnover 3.4 2.7

Return on equity, % 14.4 10.6

Solvency

Solvency ratio, % 62.8 66.9

Productivity

Costs per degree, EUR 38,530 - ↓

Costs per ECTS credit, EUR 144 - ↓

Cost-efficiency of premises

Cost of premises/m2_{, EUR} _{39 (in}₂₀₀₅₎ _{44 73}₍_{target for 2009)}

Existing premises m2_/student _{20 m}2_(in₂₀₀₅₎ _{20 m}2 _{16 m}2_{(target for} 2009)

Cost of premises/student, EUR 780 (in 2005)

819

(maintenance costs only) 1,168 (target for 2009, incl. capital costs)

ENVIRONMENTAL RESPONSIBILITY

Electricity consumption, GWh 5.35 4.98 4.9

Heat consumption, GWh 11.2 9.8 8.5

Water consumption, m3 _{19,500 18,940 20,000}

Amount of waste, tons 198

Waste management costs, EUR 49,590

Credits earned from online studies 5,337 8,703 7,000

SOCIAL RESPONSIBILITY Students

Appeal of programmes taught in Finnish: primary applicants in the joint application process / intake of young students

1.65 1.59 1.8

Progress of studies: credits earned / student /

year (normative duration of studies) 50.79 51.39 55

Quality of instruction, guidance, counselling and practical training as experienced by students (OPALA feedback*)

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Students belonging to the student union, % 40 70 (target for 2009**) Number of degrees completed, all degr

awarding education ee- 638 701 700

Dropout rate, % (all degree-awarding ducation)

10 11.1 8

e

Student participation in R&D projects: all

degree-awarding education, credits earned 2,0.7 cr /

attending student 7,5 1.95 cr attending student - 2.2 cr / student (normative duration of studies)

from R&D projects

795 cr 66 cr

/ Graduates in employment, %:

end of the year following Finland) 85.8 82 (target for 2007: 2-year delay i information obtained from Finland 84 employed by the graduation (Statistics n the Statistics Personnel Money invested in tr

proportion of salary coai ng of personnel, nists, % 1.13 (realised in 2005) 1.13 2

Total personnel training costs, EUR / full- - 1,658 1,700

time employee

Proportion of pedagogically qualified 81.7 78 84

personnel, %

Employee satisfaction and maintenance of

osphere index measured 3.1 not measured 3.3 (target for 2009)

working ability, atm every 3 years

Regional influence

Graduates employed in Kymenlaakso 61%

(realised in 2005) - 60% (target for 2009)

Theses based on customer assignments,

proportion of all theses 69.7% 76% 85%

Open UAS education: credits earned from degree-awarding education 650 cr r / 744 cr r / cr open UAS / attending students in 0.17 c

student 0.2 c student

1,200

Income from paid services / total internal

financing: comparison with other Finnish 4/5 4/ UASs *)

5 4/5

Research and development Research costs, EUR (material from the

cation, Statistics

n n n

Finnish Ministry of Edu Finland)

3.48 millio 3.28 millio 3.75 millio

R&D funding from external sources a) research costs , % of b) operational income

a) 92

b) 12 a) 92 b) 10.7 a) 85 b) 11.5

Proportion of person-years worked in 27.7% 23.9% 25.%

t for 2009)

research activities of total person-years worked by full-time teachers

(targe

*) The Finnish Ministry of Education compare to 5. 5 = among the five top UASs (approxima score 1/5 means being among the five

s universities of

tely), 1 = among the five applied s at national leve-ranking UASs ( oximately). The ng a scale from 1 -ra UASs. Part of the parison is based on OPALA student

istry of Education niversities of applie ences are ww.minedu.fi

**) The goal set by the Finnish Ministry of Education for all universities of applied sciences. science

lowest apprl usi lowest

feedback. The statistics compiled by the Finnish Min recorded in the AMKOTA system, see w

nking com

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criteria for good management

on korkeakoulu, University of Applied Sciences is specific theory or fram egic m uality m

process management, information management, etc.). Instead, it is based on our agreed quality ipl utonomy, universities of applied sciences

bility for their own quality assurance.

enlaakson ammattikorkeakoulu, University of Applied Sciences launched a

all directors and supervisors, and this training will continue a fo ement greed to confo to them. ur co duct is exemplary and in line with our vision and

co-operate, which involves showing respect and appreciation

the go f the organisati or supervisors, ibility means

ve the c f their conv ro active and see rk st means loyalty to the organisation and colleagues,

ments. Furthermore, supervisors plement the management system

ients, partners and authorities

• promote excellence in t e organ

va e managemen re and proced d Sc

e S ng Group

corecard management system

e EFQM evaluation criteria every 5–6 years it every 5–6 years

f per 3 years

ith annual internal target and result negotiations / the process d u

eetings, other open feedback events

with t lties’ quality nce systems ith the quality assurance systems of the adm

• annual performance reviews.

Management

KyAMK’s quality system and quality

Management culture at Kymenlaaks

not based on any ammattework (strati anagement, q anagement, criteria. In accordance with the princ

themselves have individual responsi

e of a

In 2007, Kym

management training programme for in 2008. We have set quality criteri

e

r good manag and a rm

Meeting these criteria m ans that o values. This includes the ability to

n to others and working to achieve

that they tolerate uncertainty, ha

als o ourage o

on. F

ictions, are p

flex

changes as opportunities. In their wo transparency and commitment to agree

, tru

• develop and im

• interact with students, cl

h isation

• instigate change.

The following methods are used to e Kymenlaakso University of Applie

luate th t cultu ures at

iences:

• annual self-evaluation by th

• evaluation of the Balanced S

• self-evaluation in acco

teeri rdance with th

• external evaluation or aud

• work atmosphere survey o

• evaluation in connection w includes m

sonnel every anagement review

• internal audits in faculties an

• personnel m nits • evaluation in accordance • evaluation in accordance w service units he facu assura inistration /

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nt

sks

management’s ecision-making and negotiations on development of higher education in Southeast Finland.

n

by 2012. This will clude organising them as strategic alliances. In 2008, the Kymenlaakso, South Karelia and

Mik l nranta University of Technology will

con theast Finland. The modernisation

mea t s risk. This will probably cause uncertainty

amo ard to future developments and among students with regard to their ture studies.

ctural changes will probably have both positive nd negative effects on the key figures indicating KyAMK's performance. In the long run, the

goa hieve them aim for general improvement

of p o ranted to universities of

app

In a it e funding depends on the number of

com and the

Fin c

Acc plied

sciences will decrease by 2020. This means that financing of building projects involves a risk, ec e en into account in KyAMK’s funding is based on the umber of students. In addition, uncertainty is caused by changes in depreciation and building costs, for example.

Risk manageme

The annual report of Kymenlaakson ammattikorkeakoulu Oy describes the most significant ri and uncertainties associated with the structure and operations of the organisation.

Strategic risks

The effects of regional politics on long-term decision-making concerning Kymenlaakso University of Applied Sciences create uncertainty, as regards the operative

d

Operational risks

Well-being at work is an important element of competitiveness. No final decisions have bee made on the employment of the Kuusankoski campus personnel after the campus is closed. This has resulted in insecurity among the personnel, which may reflect on well-being at work, work motivation, performance and, subsequently, costs. This question needs special attention. The network of Finnish higher education institutions will be modernised

in

ke i Universities of Applied Sciences and the Lappee tinue to plan a project to modernise higher education in Sou

ns hat we must prepare for a higher busines ng personnel with reg

fu

At the initial stage of the process, extensive stru a

ls of structural development and the measures to ac

erf rmance, productivity and quality. Part of the core funding g lied sciences is performance- and project-based.

dd ion to the overall number of students, the level of cor

pleted degrees. Development is forecast based on various general performance indicators the overall occupancy rate. The decisions on measures to improve efficiency are based on key figures.

an ing risks

ording to the Finnish Ministry of Education, the number of students in universities of ap b

n

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essential

velopment and organisation development at Kymenlaakson ammattikorkeakoulu, University of Applied

onsibilities include strategic planning and modernisation of central strategies ponsible for the content of pedagogic strategy.

d

• enhancement of instruction

of regional influence of productivity.

petence, regeneration and working ability

d uxiliary indicators. The key indicators are used to assess the achievement of KyAMK’s

• appeal

icipation in R&D projects

on research activities.

Active approach

The rapidly changing operating environment requires continuous, anticipatory improvement of operations. Development Director Mirja Toikka, Ph.D., is in charge of strategic de

Sciences. Her resp

(strategy processes). The Vice Rector is res

The central strategic goals of Kymenlaakson ammattikorkeakoulu, University of Applie

Sciences are

• improvement

Our central strategies, derived from the three basic obligations of universities of applied

sciences, are R&D and competence strategy, pedagogic strategy and regional influence strategy. The overall strategy includes our vision, mission and principal undertaking and strategic

evelopment lines. These are always included in the action and economic plan. d

Since 2006, KyAMK has been using the Balanced Scorecard performance indicators as a management tool. Based on the BSC indicators, KyAMK's operations are viewed from five perspectives:

• processes and structures

• regional and social effects

• (personnel) com

• needs of students and stakeholders, service capacity

• finance, cost-efficiency and material resources.

Each perspective includes critical success factors and indicators that are important with regard to our vision and strategy. Operations and performance are evaluated with key indicators an a

strategic goals. The key indicators include

• completed degrees

• quality of instruction, guidance, counselling and practical training (OPALA feedback)

• dropout rate

• student part

• qualifications of full-time teachers

• employment rate of graduates

• Bachelor’s theses based on customer assignments

• open UAS education

• paid services

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Prioritisation of the indicators is based on the number of completed degrees and their connection nstruction and education and regional influence, i.e.,

independent higher education institution in the with internal financing, overall quality of i

yAMK's position and responsibility as the only K

province.

Figure: Strategic management frame of reference at KyAMK (BSC)

At K ning of operations, concrete

mea r MK’s action and economic plan is the

ey document that binds them together. All planning is based on agreements, programmes and

• Education and Research 2007–2012 Development Plan (Ministry of Education) trategies.

Updated R&D and competence strategy

KyAMK’s R&D and competence strategy was modernised during the spring and summer of 2007. It involved extensive co-operation between KyAMK’s personnel and leading experts from various fields. The updated strategy widely reflects the opinion of KyAMK’s personnel and

repr ement of competence in the

Kym enlaakson ammattikorkeakoulu, University of Applied Scie e &D and competence strategy is in line with earlier strategic decisions made in the province. Also, our strategy work conforms to the Tekes (National Technology Agency of Finland) m work for universities of applied sciences.

yAMK, the set of indicators and goals is also tied to plan su es and budgeting at profit centres and units. KyA k

strategies that steer the operations. The most important of these include

• Performance Agreement 2007–2009 and its supplementary protocols (KyAMK – Ministry of Education)

• KyAMK’s existing s

esentatives from the province’s business life on enhanc enlaakso province and at Kym

nc s. KyAMK’s R

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earch and engages in regional development in Southeast Finland as an important, rget-oriented member of an efficient network of organisations.

The R&D and competence strategy aims to find the most efficient measures to promote KyAMK’s VISION: Kymenlaakson ammattikorkeakoulu, University of Applied Sciences is a higher education institution that provides high-quality education, fosters competence, conducts applied res

ta

During the strategy work, KyAMK's core competencies were analysed and broken into three categories: spearheads, top competencies and key competencies. In addition, we determined the central themes, or veins, that pass through all of KyAMK’s activities.

The spearheads of Kymenlaakson ammattikorkeakoulu, University of Applied Sciences are

• preventive health care

• safety of transportation chains

• emission measurement

• product and business innovation processes.

The central themes, i.e. veins, that pass through KyAMK's all operations are

• sustainable development

• service expertise

• safety

• expertise on Russia

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Kymenlaakson ammattikorkeakoulu, University of Applied

Sciences promotes sustainable development

Tuto Handbook, published in 2007.

Sustainable development is continuous and controlled changing of society at global, regional and local level, aiming to ensure the possibilities of future generations to live a good life.

KyAMK’s role in the process of sustainable development is described on the following pages from three perspectives: social, environmental and financial responsibility.

KyAMK’s social responsibility includes promoting the welfare and development of its students and personnel and the region of Southeast Finland in general.

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Social responsibility

Students

Vice Rector in charge of enhancement of instruction

In connection with its organisational revision in 2007, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences decided to establish a new Vice Rector post to enhance instruction. Pirkko Rautaniemi, M.Sc. (Health Care) was

appointed on 1 August 2007. The role of students and learning as the basis of KyAMK’s operations is emphasised in her work. In the autumn, the Vice Rector launched an action programme that focuses on improvement of the quality of teaching, planning of instruction and education and enhancement of the learning environment.

During autumn 2007, each degree programme developed an action programme to improve the quality of teaching and to integrate research and development into studies. In the OPALA

student feedback survey at the end of the year, quality of teaching rose from level 1 to level 2. In addition, the number of credits earned from R&D projects rose from 0.7 credits/student to 1.95 credits/student.

ity of Applied Sciences allocated sources to support students to complete their studies and graduate. The most important goals ere to boost the graduation rate of students who have not completed their studies within the ormative time, to enhance the thesis writing process and to improve student counselling. The

autumn, the Vice Rector established a pedagogic forum that aims to enhance the quality of f K’s top

ore, a teaching quality team worked in co-operation with students, the Development Director, the Rector and teachers to improve the quality of teaching. The most significant result of the team’s work was transferring of courses to the Moodle web platform. This improved the opportunities for studies independent of time and place. As a result, credits earned from online studies increased by 63% from the previous year.

Competence-based curricula are an important object of development. Electronic study plans (eOPSs) were implemented in 2007. Enhanced quality of teaching and education can clearly be

Pirkko Rautaniemi, Vice Rector

In 2007, Kymenlaakson ammattikorkeakoulu, Univers re

w n

graduation rate rose from the previous year: we had a total of 701 graduates. In

teaching and to develop an overall vision for learning at KyAMK. The team includes leaders o degree programmes, principal lecturers, research and development staff, library and learning

chnology staff, the co-ordinator of student counselling and representatives of KyAM te

management. The forum also began to work on the curricula in accordance with the new R&D and competence strategy.

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feedback from students and in the increased number of Bachelor’s theses based on customer

students were given an electronic individua

up counsellors were appointed to support the planning and monitoring of studies. Drafting of work plans was revised: the goal is to complete work plans for the entire academic

of an electronic planning system, k, an online student feedback

Vice Rector and the Directors lems related to studies. was decided to continue these discussions on a regular basis. The results of the student

well-re taken into account in the

f student communication began in 2007. Intranet for

troduced at the beginning of the year. The first Student’s Handbook was published in the m all

s enhanced in co-operation with students

ebsite at t g

e y included professionals of media communication, technology and

munication. The website is mainly targeted assignments.

In autumn 2007, all new same time, gro

l study plan, eHOPS. At the

year, starting in autumn 2008.

In 2007, KyAMK began to prepare the implementation SOLEops. For more systematic collecting of student feedbac system was planned to be implemented in 2008.

Student feedback was also received in meetings with students. The met students from each department and discussed solutions to solve prob It

being survey conducted by the student union Klaani in 2006 we planning of operations.

Enhancement o students and personnel was

in

autumn and distributed to all new students. Furthermore, Communication Services established a student communication team in the autumn. Its members include students and personnel fro the departments. The team will meet regularly 3–4 times per year.

Internet service

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences launched its new w the beginning of 2007. This was the first result of an extensive web service enhancement projec that was launched in September 2006. KyAMK’s intranet and extranet were introduced in sprin 2007.

The new website is based on Nitro FX Oy’s Content Manager system. Nitro FX also designed the layout of the website.

The website modernisation project is a good example of KyAMK students’ success in the job market. During the project, the employees of Nitro FX included 11 KyAMK graduates or students still studying at KyAMK. They represented different disciplines, and most of them wer engaged in this project. The

business. For example, the layout of the website was designed by Minna Utriainen, the

technical solution by Matti Järvinen and the concept by Maria Huttunen, all of them KyAMK

graduates. In addition, KyAMK’s own teams engaged in the project included current and former KyAMK students.

The goal of the project is to promote electronic com

at new applicants, our external partners and others looking for information. The material intended for KyAMK's personnel and students is published on the intranet. The extranet is a website for projects conducted with companies, for example, and a user ID is required to access it.

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nglish services. There will not be a separate website in English, but it will be ossible to make an English version of each web page. This way, the English site will be similar

cause the work was distributed to all the faculties and service nits. The website is centrally co-ordinated, but each faculty is responsible for its own content.

about 3,500 computers, ith about 8,000 downloads of the front page.

ght in English. All students in Master level programmes take a course in management, which promotes the formation of

(60 cr) in Forestry Products Marketing. The number of credits earned from R&D projects and the number of Bachelor’s theses based on customer assignments rose considerably.

KyAMK’s appeal rate was 1.6. Social services, health and sport had the highest appeal and l

l our language teachers were united under the umbrella of a single Language Department, established on 1 August 2007, to provide services for the entire KyAMK. Olli

pment. KyAMK is increasingly engaging in international co-operation, which is why we wanted to enhance our E

p

in style to the Finnish website and the information can easily be kept up to date.

The modernisation of KyAMK’s website was done exceptionally quickly, within the agreed schedule. This was possible, be

u

The website of Kymenlaakson ammattikorkeakoulu, University of Applied Sciences is frequently visited. On a normal week day in 2007, there were hits from

w

Data Administration enhanced online student services by implementing the Helpdesk online service. Student Guidance and Administration enhanced its services by implementing SMS services.

All faculties offer Master level programmes

All the three faculties offered the opportunity for Master level studies: the programmes available were Maritime Administration in Technology, Forestry and Transport, Health Promotion in Social and Health Care and International Business Management in International Business and Culture. The International Business Management programme is tau

networks.

International activities increased with a rise of 37% in the number of foreign students in degree-awarding education, totalling 151. Technology and Transport arranged an international academic year (60 cr) with the main focus on logistics. Natural Resources offered an academic year in English

This had a very positive effect on instruction and the quality of teaching.

Natural resources and the environment had the lowest. Student flow from upper secondary leve to the university of applied sciences (23.2%) almost meets the target for the performance agreement period 2007–2009.

Enhancement of language, mathematics and science instruction

As part of the organisational revision at Kymenlaakson ammattikorkeakoulu, University of Applied Sciences, al

Ervaala, MA, was appointed as the Manager of the Language Department. In addition to

administrative duties, his work includes teaching and co-ordination of research and develo Language teachers produced plenty of material for the Moodle learning platform. Some of the

(22)

st

mainly for Technology, Forestry and Transport and, to some extent, the Business Department. A test to

fail ing enables independent studies. As before, remedial instruction was provided for students who had

The

s, students can include sports in their free-choice studies as part of their degree. In 2007, we continued to offer a variety of different sports. Climbing and tournaments in various

new activity in 2007 was parkour. It aims ent – the whole city is a

K ve premises for sports there. The National Programme for Sports and Physical ctivity 2015 will include recommendations on sports activities offered for students of

engaged in active teraction with Russia and the Baltic countries. Many students went to Russia as exchange

e about Petersburg. ants included 45 lopment in ns

r KyAMK’s Erasmus co-operation. Through the Charter, higher education institutions are Goals were not specified in numbers, but in autumn 2007, language studies formed the large category in Moodle.

The Mathematics and Science Department continued providing teaching services

determine new students’ basic level of Mathematics is arranged every August. Students who the test take a course on the basics of Mathematics. This has proven an efficient model. In spr and summer 2007, easy-to-use, high-quality online material was implemented in Moodle, which difficulties with Mathematics. As a result, 90% of the participants passed their courses.

purpose is to maximise the graduation rate and minimise the dropout rate.

Diverse sports services for students

KyAMK’s sports services are intended for both students and personnel. In addition to leisure time sport

ball games were among the most popular activities. A

for innovative, continuous movement in one's everyday living environm

field of exercise. On KyAMK’s birthday in January, students had the opportunity to try different sports free of charge.

In 2007, the majority of sports services were still offered in Kotka. The objective is to improve the opportunities for sports and exercise in Kouvola. The problem in Kouvola is that KyAM does not ha

A

universities of applied sciences.

Active student exchange

Becoming an exchange student is an excellent way of preparing for one’s career. In 2007, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences was

in

students or to complete their practical training. The International Business degree programm has a key role in our activities in Russia. In 2007, we reinforced our Russian connections in many ways. For example, we arranged intensive courses in Russian and made a short film being an exchange student in St

KyAMK arranged the Baltic Breeze event on 10–13 March 2008. The particip foreign lecturers and experts. The main theme of Baltic Breeze was sustainable deve the Baltic Sea region.

The European Union’s exchange and co-operation programme for higher education institutio was revised in 2007. Thus, 2007 was the first year for the new Erasmus programme. The

European Comission granted KyAMK the Erasmus University Charter which provides the basis fo

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g Erasmus funding for 2007–2008 than before. Now funding is also available for practical trainin abroad.

In 2007, the International Affairs unit revised its organisation and implemented new software tools. The internationalisation training based on the www.goabroad.fi courses, introduced in 2006, was continued.

STUDENT EXCHANGE 2004 2005 2006 2007

Long stay (more than 3 months)

Departing 99 119 134 113

Incoming 122 89 115 106

TEACHER AND EXPERT EXCHANGE

Departing 74 36 30 107

Incoming 40 20 15 16

Permanent status for Career and Recruitment Services

Career and Recruitment Services achieved a permanent status in 2007. This facilitates long-term planning of the work. Questions relating to career and recruitment have become a substantial part

f student counselling

o services. Students and employers in the region are increasingly using the

e goal in ed to career planning and professional growth, to develop WorkExpo into a recruitment fair type event in co-operation with stakeholders and to implement

el co-operation networks.

nationwide Jobstep.net employment and information service. Jobstep-sote, a service for social and health care students looking for practical training placements, was successfully implemented in Kymenlaakso.

This year it was Kotka’s turn to arrange the WorkExpo career and recruitment event. Th 2008 is to enhance activities relat

ideas developed in national-lev

Student union Klaani focused on marketing

2007 was the first year for the statutory student union. Therefore, the primary target was to increase student union Klaani’s visibility. Communication was promoted by launching a new website and by publishing a printed brochure and a calendar for Klaani members. Furthermore, the marketing team designed brochure racks that will be placed on campuses in September 2008. Social policy is one of Klaani’s most important activities. The purpose is to promote students’ well-being and to solve possible problems together with students and representatives of KyAMK. Social care student Riikka Kääriäinen was in charge of social policy in Klaani in

007. 2

In 2008, Klaani will focus on developing the usability of the student card and increasing the number of its members. Another goal is to continue improving Klaani's visibility among KyAMK’s personnel.

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ecretary in 2006

hairman Ville Konka

oki

1,962 g 2,000 1,920 g 1,792

Student Union KLAANI

S

Anna-Maija Jukkara

Chairmen in 2007

C

Vice Chairman Lauri Juurij

members KLAANI’s 2002 spring 2003 sprin 2004 spring 2,142 2005 spring 2006 sprin 2007 spring 1,750 Alumni activities

Alumni activities are organised by the alumni association. The chairman is Pasi Tikka, Ba. Eng.

The association’s objective is to arrange interesting alumni events and recruit new members. The alumni association acts as a connecting link among KyAMK graduates and between the

graduates and KyAMK. The activities also offer an opportunity to reinforce students' and KyAMK's contacts with the world of work.

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lity

n resources management

ikorkeakoulu, University of Applied Sciences updated its ccupational health care action plan. For example, the services of a psychologist, influenza

care reporting are now included in the plan.

fety programme for 2007 included supervisor training and rehabilitation pational safety costs totalled EUR 38,873. We continued the vocational ct which was started in 2005 and is financially supported by the Finnish

itution (Kela). By the end of 2007, we had arranged two ASLAK

s for non teaching staff, two ASLAK rehabilitation groups for teachers and four TYK rehabilitation groups for teachers. (ASLAK = occupationally oriented medical

rehabilitation to maintain working capacity). About 15% of the personnel abilitation programmes.

ands on competence. Curricula are revised, new tools are implemented, new computer software programmes may be complicated, etc. Training and updating of professional skills are necessary to be able to meet future challenges.

Training expenditure amounted to 1.1% of salary costs. A total of 143 employees took part in training, totalling 749 days of training. Six employees were on unpaid leave due to studies, totalling 477 days. Total training costs amounted to EUR 239,918, an increase of 4.5% over 2006. A total of EUR 666.915 was spent on personnel self-development, amounting to 3.14% of salary costs.

In 2007, a competence survey of personnel was conducted in the Social and Health Care Faculty. The other faculties will be surveyed in 2008.

Employer-employee negotiations

We continued the employer-employee negotiations initiated in 2006, concerning the effects of structural changes on the staff. So far, there has been no need for personnel cuts, as the necessary downsizing has taken place through natural wastage.

Social responsibi

Personnel

Systematic huma

In 2007, Kymenlaakson ammatt o

vaccinations and health The occupational sa programmes. Occu rehabilitation proje Social Security Inst rehabilitation group rehabilitation; TYK = have taken part in reh

Performance reviews were conducted with all the employees. Our goal is to integrate KyAMK’s mission statement, core values, undertakings and vision into the employees’ work. Other goals include enhancement of employee competence and working capacity.

Enhancement of competence

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Leisure activities improve working capacity

activities for the personnel. These included, lf, tennis and orienteering. On KyAMK's anniversary in January 2007, the staff had the opportunity to try different sports at the Vierumäki Sports Institute. KyAMK promotes

lling sports vouchers at half price. The vouchers can be used anywhere in Finland, and their popularity is increasing. The long-term goal

nel

total of EUR 40,188 was spent on leisure activities. Expenditure on leisure activities increased

n Services assist in content provision, when ecessary. The structure of the intranet is similar to the structure of KyAMK's website, and

tings and various other eetings and events.

2007

on-teaching staff 191

ces had

98 full-time employees. This includes

ll-time employees fell by 22 (5.5 %). t and xed-term contract staff were women. The

In 2007, KyAMK offered various sport and exercise for example, go

the physical working capacity of the personnel by se

is a more systematic improvement of sports services as part of overall promotion of person health.

A

by 50.43% from the previous year, mainly due to the introduction of sports vouchers.

Improved online services

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences introduced an intranet system in 2007. The implementation was carried out jointly by Data Administration and

Communication Services. Each unit is responsible for keeping its information on the intranet up to date. Data Administration and Communicatio

n

students use the intranet as well. In the first year, the intranet was not widely used, but the system will be promoted in 2008 through training and information. Other means of providing information for all personnel include e-mail, Rector’s information mee

m

Statistics

Personnel on 31 December 2007 Full-time staff

Teachers 207 31 Dec 1999–31 Dec

N

Total 398

At the end of 2007, Kymenlaakson ammattikorkeakoulu, University of Applied Scien

3

both permanent and fixed-term contract staff. Compared with 2006, the number of fu

Fifty-three per cent of the permanen fi

average age of full-time staff was 46.8 years.

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teachers Personnel categories

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ocial responsibility

influen

esearch and development

2007, Kymenlaakson ammattikorkeakoulu, University of Applied Sciences had 41 ongoing search and development projects. The total volume of R&D was EUR 3.9 million.

f KyAMK’s operational income, 19.7% came from sources other than core funding or lternative funding received from the Finnish Ministry of Education. External R&D funding onstituted 9.1% of the operational income, excluding project funding received from the Finnish

inistry of Education. When the said project funding is included, the proportion of external nding is 10.7%.

ogistics R&D projects were related to transport chains and their safety. Projects were onducted in co-operation with the Merikotka research centre and the Innorail project

rogramme. Merikotka and Innorail are major regional forums for co-operation. Together with ther organisations in the region, KyAMK developed the NELI logistics programme based on

e centre of excellence model.

ur Health Promotion projects constituted part of the Kymenlaakso Welfare and Development gra

ts of International Business included multi-disciplinary development programmes that make use of our international contacts. The KymiDesign & Business unit has a central role in the projects.

Kymenlaakson ammattikorkeakoulu, University of Applied Sciences continued to reinforce its position as an influential force in Southeast Finland. KyAMK joined the TULI (Research to Business) programme consortium that is co-ordinated by the Lappeenranta University of Technology and financed by the Finnish National Technology Agency (Tekes). The other participants are the South Karelia University of Applied Sciences and the Finnish Institute of Occupational Health. Kymenlaakson ammattikorkeakoulu, University of Applied Sciences and BIC Kymi (Business & Innovation Centre) organised a provincial business idea contest as part of the national Venture Cup contest.

KyAMK’s emission measurement laboratory is a FINAS-accredited research laboratory (EN ISO/IEC 17025), audited by FINAS every year. In 2007, the laboratory received 30 emission measurement assignments. Of these assignments, 20 came from Southeast Finland. The activities of the laboratory are closely connected with education.

S

Regional

ce

R In re O a c M fu L c p o th O

Centre (Hytkes) pro

work in the region. mme. The projects are based on the results of extensive welfare strategy The projec

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Kymiedu is an important regional development project.

rs the Kymiedu service package for municipal authorities and menlaakso, Kymiedu is the co-ordinator of a

network and the co-ordinator of quality assurance of online courses. Kymiedu provides training in online pedagogy and arranges workshops on online studying. On

online courses.

erred to rincipal Lecturers, which will reinforce integration of instruction and R&D.

lu,

tre Vellamo

useum of

, Kymenlaakson ammattikorkeakoulu, University of Applied ciences, the Provincial Museum of Kymenlaakso and the Maritime Museum of Finland. The

r of Information Centre Vellamo. She will also continue her work as yAMK’s Library Manager.

museums and institutions of higher education is an innovative solution with national-vel significance, because it is the first of its kind in Finland. It aims to promote research,

primary targets are the media in Kymenlaakso and Southeast

The learning technology centre

Kymiedu maintains and administe

a selection of online courses. In Northern Ky regional ICT support person

request, it produces templates for

The number of research directors at KyAMK decreased, but we still have research directors co-ordinating the most important areas of research. R&D activities will gradually be transf

P

See Appendix 1 for a list of the R&D projects conducted at Kymenlaakson ammattikorkeakou University of Applied Sciences in 2007.

Information Cen

The Maritime Centre Vellamo will open in 2008 in Kotka. It will house the Maritime M Finland, the Provincial Museum of Kymenlaakso and the Information Centre Vellamo. Information Centre Vellamo has a scientific library and an information service. The

organisations running the centre are the Kotka unit of the University of Helsinki’s Palmenia Centre for Continuing Education

S

information centre’s rules of procedure and action plan were drafted in 2007. Iiris Kuusinen,

Library Manager at Kymenlaakson ammattikorkeakoulu, University of Applied Sciences, was appointed the directo

K

Information Centre Vellamo will open to the public in autumn 2008. An information centre run jointly by

le

instruction, learning and leisure activities at the regional, national and international levels. It offers high-quality materials, expert services and functional, modern premises.

KyAMK’s image and regional influence through media

Regional media constitute one of the channels Kymenlaakson ammattikorkeakoulu, University of Applied Sciences uses to publicise its activities. On average, we sent out two press releases

er week to the media in 2007. The p

Finland and, when necessary, national and international media. Our news releases are simultaneously published on KyAMK’s website http://www.kyamk.fi/Current News/Media Releases.

ince 2003, KyAMK has donated its Christmas card bud S

ecological. In 2007, we donated the Christmas card budget to John Nurminen Foundation’s get to a charitable cause, either social or Clean Baltic Sea project.

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ed a urvey, applied sciences improved its ratings from previous years. This means that KyAMK receiv

higher number of excellent and good grades than previously. KyAMK’s position on the ranking list of universities of applied sciences improved from 26 to 16 in a year. According to the s KyAMK’s overall image is basically the same as before. We received our best grades on modernity, availability of information on our website, diversity of degree programmes and appreciation in the job market.

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Environmental responsibility

Repovesi Natural Park in Valkeala

The number of staff and students at Kymenlaakson ammattikorkeakoulu, University of Applied Sciences has remained constant for a long time. Therefore, property maintenance costs have not changed much. Differences between the campuses are mostly explained by changes in the number of students. The average annual energy consumption based on five-year figures is as follows: heat 10.8 GWh/year, water 20,000 m3/year and electricity 5.3 GWh/year. We use mainly district heating. Electricity consumption has decreased, mostly because of the reorganisation of the campus network and relatively warm winters. However, the use of electricity-consuming equipment is increasing, which is why an attempt to instigate a considerable decrease in electricity consumption would be challenging. Overall, the

reorganisation of the campus network and implementation of new technical solutions resulted in savings in property maintenance costs.

From the beginning of 2006, SOL Palvelut Oy has been in charge of cleaning at Kymenlaakson ammattikorkeakoulu, University of Applied Sciences. The amount of waste is monitored on a monthly basis. Kymenlaakson ammattikorkeakoulu, University of Applied Sciences produces about 200 tonnes of waste in a year, which means that the value of waste management is about EUR 50,000.

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Promoting longer life-cycles

in 2007. The requirements of sustainable evelopment are taken into account particularly in connection with bidding procedures. We use

ent. ing at KyAMK. Long life-st be easy to expand and

cessing system ices. In anagement aterial, and

the need for

ber of online courses has g environment. ute in digital form, and it is readily available to all. Statistical onitoring of the Moodle system showed that the learning environment was in efficient use. orty-one per cent of all page requests came from KyAMK’s own network and 59 per cent from

ls y

form in selling

l combating authorities to be used in the event of a major oil spill near the coast. This project was important and unique, because Finland did not previously have this kind of preparedness. In autumn 2007, the project was continued: SÖKÖ II will develop operational KyAMK rationalised its procurement activities

d

the Hymonet database which contains information on environmentally friendly procurem For example, Data Administration is now in charge of all IT purchas

cycles are favoured in procurement, i.e., the central components mu update.

New building projects at Kymenlaakson ammattikorkeakoulu, University of Applied Sciences are based on life-cycle thinking. This means that the target life-cycle of new buildings, such as the one to be built at Kasarminmäki in Kouvola, is 150 years. This has an effect on planning and choices of material.

Electronic services as part of everyday work

Modernisation of administrative procedures continued. The electronic invoice pro (BasWare Invoice Processing) enables digital processing and filing of nearly all invo autumn 2007, KyAMK implemented an extensive electronic case and document m system, Tweb. Most of KyAMK’s official documentation is recorded as TWeb m older material is entered in the system as necessary. The TWeb system has reduced copying documents.

Teaching methods were modernised to support online studying: the num

increased, and teaching material is distributed through the Moodle online learnin Information is easier to distrib

m F

other environments. One goal was to reduce paper consumption, but this has not been achieved yet, as it is still rather common to print out digital material on paper.

The possibilities for remote use of electronic library materials and information service materia were improved in 2007, when the library and Data Administration implemented the EzProx software. Remote use is possible through the Nelli portal.

KyAMK’s project-funded free-of-charge publications were all published in electronic 2007. Other publications are published on the internet as well. A new online shop for

publications was opened in autumn in conjunction with the Jyväskylä, Mikkeli and North Karelia Universities of Applied Sciences.

Example of an environmental project

KyAMK’s Maritime R&D unit, Kymenlaakso Rescue Department and Southeast Finland Regional Environment Centre conducted the SÖKÖ project that produced an operational model for regional oi

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ts in the rescue service districts of Uusimaa and Eastern Uusimaa.

models for major oil tanker acciden

Goals for 2008

The goals for 2008 include enhancing the use of video conference systems and other means of electronic communication, such as Adobe ConnectPro, and promoting the use of the document management system. The purpose is to reduce traffic between campuses and to cut paper consumption.

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ial responsibility

Financ

Social and Health Care students in Kotka, 2007.

Kymenlaakson Ammattikorkeakoulu Oy – financial review 2007

In 2007, parent company Kymenlaakson Ammattikorkeakoulu Oy recorded a net profit of EUR 734,358. The net profit has been transferred to the profit and loss account reserve, and it will be used to finance building work and repairs. Kymenlaakson Ammattikorkeakoulu Group consists of the parent company established in 1996 and the subsidiary Primus High Tech Oy established in 1997.

The company is financially sound and the balance sheet does not include interest-bearing loans. A positive result is important for improvement of KyAMK’s operations and financing of future building projects. The company does not have other funds to use on repairs and new building projects. Depreciation on buildings was only EUR 116,215 as the buildings were acquired gratuitously from the previous owners.

The net increase recorded on the balance sheet total was EUR 188,486. The most important change on the assets side was the EUR 1,014,318 increase of construction in progress, resulting from the renovation at Metsola in Kotka in summer 2007. The most important changes on the receivables side were the EUR 734,358 increase of equity, from the profit, the EUR 307,517 decrease of advances received and the EUR 357,167 decrease of accounts payable.

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Turnover increased by 3% during the financial year, and other operating income decreased by ed 9.1% of operational income excluding the project n, and 10.7% including the said project funding. Material nd service costs increased by 1%, other operating expenses increased by 2.9% and personnel

nts, due to the 5.6%. External R&D funding constitut

nding from the Ministry of Educatio fu

a

expenses increased by 2.7%. The number of employees decreased by 22. Planned depreciation decreased by 4.1%.

The cash flow statement shows a significant EUR 1,039,901 increase in investme

renovation project at the Metsola campus in Kotka. The investments were financed with cash reserves instead of taking a loan. Cash reserves decreased during the year by EUR 734,848.

Income Statement and Balance Sheet 2006–2007

PARENT COMPANY INCOME STATEMENT 1 Jan – 31 Dec 2007 1 Jan –31 Dec 2006 TURNOVER 26,870,942 26,082,151

Other operating income 4,970,525 5,263,234 Materials and services -3,074,188 -3,043,282 Personnel expenses -21,540,802 -20,984,670 Depreciation and write-offs -1,417,118 -1,476,977 Other operating expenses -5,132,585 -4,985,981

OPERATING PROFIT 676,775 854,475

Financial income and expenses 57,584 35,211 PROFIT/LOSS FOR THE YEAR BEFORE

APPROPRIATIONS AND TAXES 734,358 889,686

Change in voluntary provisions 0

NET PROFIT FOR THE PERIOD 734,358 889,686

PARENT COMPANY BALANCE SHEET

ASSETS

FIXED ASSETS

Intangible assets 427,633 449,356

Tangible assets 7,096,556 5,765,740

Investments 249,542 249,542

TOTAL FIXED ASSETS 7,773,730 6,464,637 CURRENT ASSETS

RECEIVABLES

ong-term 0 0

L

Short-term 2,584,164 2,969,922

Cash and cash equivalents 658,563 1,393,411 TOTAL CURRENT ASSETS 3,242,727 4,363,333

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LIABILITIES AND EQUITY

EQUITY 6,899,374 6,165,015

LIABILITIES

Long-term 57,067 53,519

Short-term 4,060,017 4,609,436

LIABILITIES AND EQUITY 11,016,457 10,827,971

Graphs

Turnover 2005–2007

TURNOVER 1 Jan –31 Dec 2007

1 Jan – 31 Dec 2006

1 Jan – 31 Dec 2005

Degree-awarding education incl. other 24,897 4,124 23,289

activities 2

Training Services 1,408 1,299 1,214

R&D 566 659 596

Total (EUR thousand) 26,871 26,082 25,099 Total (EUR thousand) 31,165 30,490 29,869

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Graphs

Other opertating income 2005–2007

OTHER OPERATING INCOME 1 Jan – 31 Dec 2007

1 Jan – 31 Dec 1 Jan – 31 Dec 2006 2005

EU funding with national share 2,306 2,175 1,907

roject funding 1,331 1,632 1,779

P

Special government grants 833 804 703

me 397 485 474

Rental inco

Erasmus funding 66 137 143

Other income 37 30 39

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Operation expenses 2005–2007 Graphs

OPERATION EXPENSES 1Jan – 31 Dec 2007

1Jan – 31 Dec 1Jan – 31 Dec

2006 2005

Instruction 16,987 16,282 6,5861

Administrative services and support 8,269 7,992 7,253 services

R&D 4,112 4,615 ,6004

Training Services 1,798 1,601 ,4301

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Graphs xpenses by category 2005–2007 E EXPENSES BY CATEGORY 1 Jan – 31 Dec 2007

1 Jan – 31 Dec 1 Jan – 31 Dec

2006 2005

Personnel 21,541 20,985 20,708

Materials and services 3,074 3,043 3,008 Depreciation and write-offs 1,417 1,477 1,389

perating costs 5,13 4,

Other o 3 986 4,765

nd) 31,16 30, 2

Annual Responsibility Report