Prognoza finansowo-gospodarcza dla Państwowego Gospodarstwa Leśnego Lasy Państwowe na lata 2007-2013

Paper presents results of prediction of the revenues and expenses, as well as the predicted financial result of the State Forests for 2007−2013 period. It also discusses the relevance of the prediction three years after the forecast. The maximum deviation of the forecast from the actual value was recorded in 2009 and 2008. The predicted timber sales price and total value of revenues of the State Forests were overestimated, while the predicted amount of timber sold and total expenses of the State Forests, as well as administrative costs in those years were underestimated. In the face of the general financial crisis in the national and global economy, the State Forests took austerity measures achieving in 2009 and 2008 much higher financial results than predicted.