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WORLD PRESS TRENDS - World Association of Newspapers

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LATVIA<br />

Advertising expenditure<br />

(Lats million, in current prices)<br />

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005<br />

<strong>Newspapers</strong> 6.7 8.6 10.9 10.4 11.1 10.8 12.7 13.7 14.1 15.2 16.5<br />

Magazines 0.8 1.0 1.7 1.6 2.1 2.4 3.5 4.5 5.0 5.5 6.0<br />

Television 4.9 10.5 22.9 8.6 8.9 10.1 11.5<br />

Radio 0.8 1.5 2.1 3.1 4.4 4.9 4.3<br />

Cinema 0.0 0.0 0.0 0.0 0.0 0.2 0.2<br />

Outdoor 0.4 0.5 0.8 1.0 1.6 1.5 1.7<br />

Internet 0.0 0.0 0.0 0.0 0.0 0.1 0.2<br />

Total 13.5 22.1 38.4 24.7 28.1 30.0 34.1 37.5 40.8 45.5 51.2<br />

Source: 1995-2001 BMF Gallup Media, 2002-2005 ZenithOptimedia<br />

Notes: 1995-1997: Before discounts; includes agency commission, production costs and classified<br />

1998-2005: After discounts; excludes agency commission, production costs and classified<br />

Taxes<br />

VAT on: sales 0 advertising 18%<br />

newsprint 18% plant 18%<br />

composition 18% (standard VAT rate 18%)<br />

There are no extra taxes on advertising and bill posting. The<br />

tax rate on pr<strong>of</strong>its for newspapers is 25%.<br />

Discounts<br />

on: post 0 rail 0 telephone 0 telegraph 0 telex 0<br />

<strong>WORLD</strong> ASSOCIATION OF NEWSPAPERS - <strong>WORLD</strong> <strong>PRESS</strong> <strong>TRENDS</strong> 2003 173

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