EN Official Journal of the European Union C 78/8

Publication of the final accounts for the financial year 2003 — European Foundation for the Improvement of Living and Working Conditions

(2005/C 78/03)

The complete version of the final accounts may be found at the following address:

http://www.eurofound.eu.int/index.htm

Table 1

Implementation of the budget for the financial year 2003

(million euro) Revenue Expenditure Source of revenue Revenue entered in the final budget for the financial year Revenue received Expenditure allocation Appropriations in the final budget Appropriations carried over from the previous financial year Available appropriations (appropriations for the current financial year and appropriations carried over from the previous financial year) entered committed paid carried over cancelled outstanding commitments paid cancelled appropriations committed paid carried over cancelled Community subsidies 16,5 17,1 Title I Staff 9,0 9,0 8,9 0,1 0,0 0,2 0,2 0,0 9,2 9,2 9,1 0,1 0,0 Other subsidies — — Title II Administration 1,2 1,2 1,0 0,2 0,0 0,7 0,7 0,0 1,9 1,9 1,7 0,2 0,0 Other revenue 0,3 0,1 Title III Operating activities 6,6 6,6 3,8 2,8 0,0 3,1 3,0 0,1 9,7 9,7 6,8 2,8 0,1 Total 16,8 17,2 Total 16,8 16,8 13,7 3,1 0,0 4,0 3,9 0,1 20,8 20,8 17,6 3,1 0,1

Table 2

Revenue and expenditure accounts for the financial years 2003 and 2002

(1000 euro) 2003 2002 Revenue Commission subsidies 17 090 16 500 Miscellaneous revenue 47 62 Financial revenue 35 57 Total revenue (a) 17 172 16 619 Expenditure Staff — Title I of the budget Payments 8 927 9 111 Appropriations carried over 109 216 Administration — Title II of the budget Payments 968 938 Appropriations carried over 224 683 Operating activities — Title III of the budget Payments 3 733 3 290 Appropriations carried over 2 817 3 105 Total expenditure (b) 16 778 17 343 Out-turn for the financial year (a – b) 394 – 724 Balance carried over from the previous financial year – 1 836 – 1 209 Appropriations carried over and cancelled 118 81 Sums from the previous financial year for re-use that were not used 19 13 PHARE revenue collected 639 0 PHARE revenue to be collected 361 0 PHARE expenditure – 1 000 0 Exchange-rate differences 9 3 Balance for the financial year – 1 296 – 1 836

Table 3

Balance sheet as at 31 December 2003 and 31 December 2002

(1000 euro) Assets 2003 2002 Liabilities 2003 2002 Fixed assets (1) Fixed capital Intangible fixed assets 27 31 Own capital 4 389 4 294 Buildings (2) 15 682 3 826 Revaluation reserve 12 094 0 Furniture and vehicle transportation material 142 139 Balance for the financial year – 1 296 – 1 836 Computer equipment 107 149 Subtotal 15 187 2 458 Technical and other equipment 518 105 Current liabilities Fixed assets under construction 0 31 Automatic carry-overs of appropriations 3 150 3 940 Subtotal 16 476 4 281 Non-automatic carry-overs of appropriations 0 64 Stocks PHARE liabilities 329 0 Office supplies 7 13 Salary deductions 0 139 Subtotal 7 13 Subtotal 3 479 4 143 Current assets Suspense accounts Commission PHARE receivables 361 0 Sums to be re-used 22 150 Advances 2 11 Deferred revenue 2 1 840 VAT to be recovered 281 274 Payments in progress 0 30 Recovery orders to be collected 5 1 840 Subtotal 24 2 020 Sundry accounts receivable 41 13 Subtotal 690 2 138 Cash accounts Banks 1 331 1 960 Cash 3 1 Imprest account 183 228 Subtotal 1 517 2 189 Total 18 690 8 621 Total 18 690 8 621

(1) The net value of the fixed assets is shown. The data for 2002 have been reprocessed for the purposes of comparison.

(2) The Foundation has decided to revalue its fixed assets (12,1 million euro).