Report on the financial statements of the European Centre for the Development of Vocational Training for the financial year 2002, together with the Centre's replies
Date: 2003-10-16
Institutions: European Court of Auditors
Subjects: Cedefop, financial control, financial year, report

C 319/36

EN

Official Journal of the European Union

30.12.2003

on the financial statements of the European Centre for the Development of Vocational Training
for the financial year 2002, together with the Centre’s replies

REPORT

(2003/C 319/06)

CONTENTS

THE COURT’S OPINION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

OBSERVATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1-4

5-8

Tables 1 to 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Centre’s replies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

37

37

38

41

Paragraph

Page

30.12.2003

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Official Journal of the European Union

C 319/37

THE COURT’S OPINION

OBSERVATIONS

1.
This report is addressed to the European Parliament and to
the Council in accordance with Article 185(2) of Council Regula-
tion (EC, Euratom) No 1605/2002 (1).

2.
The Court has examined the financial statements of the
European Centre for the Development of Vocational Training
(hereinafter ‘the Centre’) for the financial year ended 31 December
2002. In accordance with Article 18(1) of Council Regulation
(EEC) No 1416/76 (2), as amended by Council Regulation (EEC)
No 1948/93 (3), the Centre’s budget was implemented on the
responsibility of its Management Board. This responsibility
includes the drawing-up and presentation of the financial state-
ments (4), in accordance with the internal financial provisions set
out in Articles 65, 67 and 68 of Council Regulation (EEC) No 1948/
93, amending Council Regulation (EEC) No 1416/76. The Court
of Auditors is required pursuant to Article 248 of the Treaty
establishing the European Community to audit those accounts.

3.
The Court performed its audit in accordance with its audit-
ing standards and policies. These have been adapted from gener-
ally accepted international auditing standards to reflect the spe-
cific characteristics of the Community context. The Court
examined the accounting records and applied such other audit
procedures as it deemed necessary in the circumstances. By means
of this audit the Court obtained a reasonable basis for the opinion
expressed below.

4.
This examination has enabled the Court to obtain reason-
able assurance that the annual accounts for the financial year
ended 31 December 2002 are reliable and that the underlying
transactions, taken as a whole, are legal and regular.

5.
The Centre was established by Council Regulation (EEC)
No 337/75 (5), as amended by Council Regulation (EEC) No 1946/
93. Its core mandate is to serve the development of vocational
training at Community level. In order to achieve this objective, it
has the task of compiling and disseminating documentation on
vocational training systems, which should enable it to contribute
to the development and coordination of research in this field and
encourage practical approaches to obtaining the mutual recogni-
tion of diplomas. In practice, in order to accomplish its tasks,
besides commissioning studies and reports from experts the Cen-
tre is developing an ambitious computer project known as the
Electronic Training Village, which serves as a meeting and infor-
mation point for training specialists.

6.
Table 1 shows the implementation of the appropriations
for the financial year 2002 and the appropriations carried over
from the previous financial year.

7.
The revenue and expenditure account and balance sheet
published by the Centre for the financial year 2002 are presented
in summary form in Tables 2 and 3.

8.
Since 2000, the Centre and the Commission have had an
arrangement for the settlement of the costs incurred by their joint
participation in international events. Service providers are selected
by the Commission. In the majority of cases, the Commission
also meets all the costs; where it does not, they are met in full by
the Centre (cumulative total since 2000: 138 000 euro). The Cen-
tre should formalise this arrangement with the Commission; in
particular, it should define each party’s responsibilities as regards
the costs that are to be covered and the checks to be performed.

This report was adopted by the Court of Auditors in Luxembourg at the Court meeting of 15 and 16 October
2003.

For the Court of Auditors

Juan Manuel FABRA VALLÉS

President

(1) OJ L 248, 16.9.2002, p. 1.
(2) OJ L 164, 24.6.1976, p. 1.
(3) OJ L 181, 23.7.1993, p. 15.
(4) As required pursuant to Article 1 of Council Regulation (EEC) No 1948/
93, amending Council Regulation (EEC) No 1416/76, the accounts for
all the Centre’s revenue and expenditure for the financial year 2002
were drawn up on 27 June 2003 and forwarded to the Court of Audi-
tors. They were received by the Court on 2 July 2003. A summarised
version of these financial statements is presented in the tables annexed
to this report.

(5) OJ L 39, 13.2.1975, p. 1.

European Centre for the Development of Vocational Training — Implementation of the budget for the financial year 2002

Table 1

Origin of revenue

Revenue

Revenue
entered
under
the final
budget
for the
financial year

Revenue
received

Allocation of
expenditure

Expenditure

(EUR million)

Appropriations in the final budget

Appropriations carried over from the
previous financial year

Available appropriations
(2002 budget and financial year 2001)

entered

com-
mitted

paid

carried
over

cancelled

initial

paid

to be
carried
over

cancelled

appro-
priations

com-
mitted

paid

carried
over

cancelled

13,7

12,3

Title I
Staff

8,1

7,9

7,6

0,3

0,2

0,2

0,2

0,0

0,0

8,3

8,1

7,8

0,3

0,2

Community
subsidies

Financial
and other
revenue

Subsidies to
non-member
countries

0,2

0,1

0,3

14,2

Total

0,2

12,6

Title II
Administration

Title III
Operational
activities

Source: Data compiled by the Centre — These tables summarise the data supplied by the Centre in its own financial statements.

1,1

1,1

0,8

0,3

0,0

0,3

0,3

0,0

0,0

1,4

1,4

1,1

0,3

0,0

5,0

4,9

2,5

Total

14,2

13,9

10,9

2,4

3,0

0,1

0,3

2,5

3,0

2,3

2,8

0,1

0,1

0,2

0,2

7,5

7,2

4,8

17,2

16,7

13,7

2,5

3,1

0,3

0,5

C
3
1
9
/
3
8

E
N

O

f
f
i
c
i
a
l

J
o
u
r
n
a
l

o
f

t
h
e

E
u
r
o
p
e
a
n
U
n
o
n

i

.

3
0
1
2
2
0
0
3

.

30.12.2003

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Official Journal of the European Union

C 319/39

European Centre for the Development of Vocational Training — Revenue and expenditure account for the financial years 2002 and 2001

Table 2

2002

2001

(EUR 1 000)

Revenue
Commission subsidies
Revenue from previous financial years
Sundry revenue
Earmarked revenue (Phare + other)
Financial revenue

Expenditure
Staff — Title I of the budget
Payments
Appropriations carried over

Administration — Title II of the budget
Payments
Appropriations carried over

Operational activities — Title III of the budget (excluding assigned revenue)
Payments
Appropriations carried over

Assigned revenue (Phare + other)
Payments
Appropriations carried over

Outturn for the financial year (a-b) (1)

Balance carried over from the previous financial year
Appropriations carried over which lapse
Unused reallocations from the previous financial year
Exchange-rate differences

Total revenue (a)

Total expenditure (b)

12 135
25
3
333
50

12 546

7 570
298

767
345

2 491
2 189

0
187

13 847

- 1 301

532
215
8
1

(1) Calculated as specified in Article 15 of Council Regulation (EC, Euratom) No 1150/2000 of 22 May 2000 (OJ L 130, 31.5.2000, p. 8).
Source: European Centre for the Development of Vocational Training.

Balance for the financial year

- 545

13 200
724
0
402
104

14 430

7 231
266

700
323

2 720
2 059

277
453

14 029

401

- 228
349
12
- 2

532

C 319/40

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Official Journal of the European Union

30.12.2003

European Centre for the Development of Vocational Training — Balance sheet at 31 December 2002 and 31 December 2001

Table 3

(EUR 1 000)

Assets

2002

2001

Liabilities

2002

2001

Fixed assets
Buildings
Financial fixed assets, guarantee
Equipment and furniture
Depreciation

Stock
Stationery

Long-term receivables
Staff loans
Commission subsidy

Current receivables
Commission subsidy
Other advances
VAT to be recovered
Sundry accounts receivable

Cash accounts
Bank accounts
Cash
Imprest account

Suspense accounts

Fixed capital
Own capital
Balance for the financial year

Long-term liabilities
Liabilities on assigned
revenue

Current liabilities
Liabilities on assigned
revenue
Carryover of appropriations
Amounts to be recovered
Sundry accounts payable
VAT/other taxes

Suspense accounts
Payments in progress
Sums to be reused
Deferred revenue
Other subsidies

5 953
5
4 910
- 4 896

Subtotal

5 972

Subtotal

Subtotal

35

35

9
277

286

2 276
94
23
124

Subtotal

2 517

5 953
5
3 095
0

9 053

28

28

0
0

0

184
93
42
37

356

2 830
4
90

4 116
6
173

Subtotal

2 924

4 295

Subtotal

0

0

3

3

Total

11 734

13 735

6 007
- 545

Subtotal

5 462

Subtotal

277

277

661
3 070
1 615
121
73

9 080
532

9 612

0

0

0
3 100
0
20
98

Subtotal

5 540

3 218

226
229
0
0

338
348
36
184

Subtotal

455

906

Total

11 734

13 735

Source: European Centre for the Development of Vocational Training.

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Official Journal of the European Union

C 319/41

THE CENTRE’S REPLIES

The Centre takes note of the observation of the Court. It will contact the relevant service of the Com-

8.
mission in order to respond to the Court’s concerns.