EN Official Journal of the European Union C 269/40

European Foundation for the Improvement of Living and Working Conditions — Publication of the final accounts for the financial year 2004

(2005/C 269/11)

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

http://www.eurofound.eu.int/about/publicaccess/categories/finance/2005.htm

Table 1

Implementation of the budget for the financial year 2004

(million euro) Revenue Expenditure Origin of revenue Revenue entered in the final budget for the financial year Revenue collected 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 18,0 18,0 Title I Staff 8,7 8,7 8,6 0,1 0,0 0,1 0,1 0,0 8,8 8,8 8,7 0,1 0,0 Other subsidies — — Title II Administration 1,8 1,8 1,3 0,5 0,0 0,2 0,2 0,0 2,0 2,0 1,5 0,5 0,0 Other revenue 0,1 0,1 Title III Operating activities 7,6 7,6 5,0 2,5 0,0 2,8 2,8 0,0 10,4 10,4 7,8 2,5 0,0 Total 18,1 18,1 Total 18,1 18,1 14,9 3,1 0,0 3,1 3,1 0,0 21,2 21,2 18,0 3,1 0,0

Table 2

Revenue and expenditure accounts for the financial years 2004 and 2003

(1000 euro) 2004 2003 Revenue Commission subsidies 18 000 17 090 Miscellaneous revenue 85 47 Financial revenue 0 35 Total revenue (a) 18 085 17 172 Expenditure Staff — Title I of the budget Payments 8 606 8 927 Appropriations carried over 132 109 Administration — Title II of the budget Payments 1 267 968 Appropriations carried over 489 224 Operating activities — Title III of the budget Payments 5 056 3 733 Appropriations carried over 2 522 2 817 Total expenditure (b) 18 072 16 778 Outturn for the financial year (a - b) 13 394 Balance carried over from the previous financial year – 1 296 – 1 836 Appropriations carried over and cancelled 35 118 Sums from the previous financial year for reuse that were not used 17 19 Exceptional result from previous years 2 0 Phare appropriations carried over and cancelled 8 0 Phare revenue collected 0 639 Phare revenue to be collected 0 361 Phare expenditure 0 – 1 000 Exchange-rate differences – 4 9 Balance for the financial year – 1 225 –1 296

Table 3

Balance sheet as at 31 December 2004 and 31 December 2003

(1000 euro) Assets 2004 2003 Liabilities 2004 2003 Fixed assets Fixed capital Intangible fixed assets 11 27 Own capital 3 068 4 389 Buildings (1) 14 426 15 682 Revaluation reserve 12 094 12 094 Furniture and vehicle transportation material 98 142 Balance for the financial year – 1 225 – 1 296 Computer equipment 190 107 Subtotal 13 937 15 187 Technical and other equipment 431 518 Current liabilities Fixed assets under construction 0 0 Automatic carry-overs of appropriations 3 143 3 150 Subtotal 15 156 16 476 Non-automatic carry-overs of appropriations 0 0 Stocks Phare liabilities 0 329 Office supplies 6 7 Salary deductions 1 0 Subtotal 6 7 Miscellaneous creditors 7 0 Current assets Bank interests due to the Commission 48 0 Commission Phare receivables 100 361 Subtotal 3 199 3 479 Advances 1 2 Suspense accounts VAT to be recovered 229 281 Sums to be reused 0 22 Recovery orders to be collected 6 5 Deferred revenue 6 2 Sundry accounts receivable 1 41 Payments in progress 5 0 Subtotal 336 690 Subtotal 11 24 Cash accounts Banks 1 634 1 331 Cash 3 3 Imprest account 12 183 Subtotal 1 649 1 517 Total 17 147 18 690 Total 17 147 18 690

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