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Stockholding levy
COVA depends on the stockholding levy which has been defined at 5.90 Euro / m³ in the 2001 Stockpiling Act and can be amended by Order in Council. In 2004 the stockholding levy was reduced to 5.30 Euro / m³. The stockholding levy was restored to its original level in 2009. The levy is used to cover COVA's operational costs and financial expenses.
Revenues and expenses 2011:
| Stockholding levy |
90 milj. |
| |
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| Storage including insurance and inspection |
59 milj. |
| Fees for tickets |
7 milj. |
| Financing mainly interest on loans |
28 milj. |
| Operational expenses, organisation/overhead |
1 milj. |
| Expenses |
95 milj. |
| Operating income |
-6 milj. |
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