Report on the annual accounts of the European Training Foundation for the financial year 2004 together with the Foundation's replies
Date: 2005-10-05
Institutions: European Court of Auditors
Subjects: European Court of Auditors, European Training Foundation, administration of the Institutions, financial control, interinstitutional relations (EU), operating result, report

28.12.2005

EN

Official Journal of the European Union

C 332/75

on the annual accounts of the European Training Foundation for the financial
year 2004 together with the Foundation’s replies

REPORT

(2005/C 332/11)

CONTENTS

INTRODUCTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

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

1-2

3-6

7-10

Tables 1 to 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The Foundation’s replies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

76

76

76

77

81

Paragraph

Page

C 332/76

EN

Official Journal of the European Union

28.12.2005

INTRODUCTION

The European Training Foundation (hereinafter called ‘the
1.
Foundation’) was
created by Council Regulation (EEC)
No 1360/90 of 7 May 1990 (1). The Foundation’s purpose is to
support the reform of vocational training in the European Union’s
partner countries. As such, it assists the Commission in the imple-
mentation of various programmes (Phare, Tacis, Cards and Meda).
Table 1 summarises the competences and activities of the Foun-
dation on the basis of the information supplied by it.

For information,

2.
the annual accounts drawn up by
the Foundation for the financial year 2004 are summarised in
Tables 2, 3 and 4.

THE COURT’S OPINION

3.
The Court’s opinion is addressed to the European Parlia-
ment and the Council in accordance with Article 185(2) of Coun-
cil Regulation (EC, Euratom) No 1605/2002 (2); it was drawn up
following an examination of the Foundation’s accounts, as
required by Article 248 of the Treaty establishing the European
Community.

4.
The Foundation’s accounts for the financial year ended
31 December 2004 (3) were drawn up by its Executive Director,
pursuant to Article 11 of Regulation (EEC) No 1360/90, and sent
to the Court, which is required to give its opinion on their reli-
ability and on the legality and regularity of the underlying
transactions.

5.
The Court conducted an audit in accordance with its poli-
cies and standards, which are based on international auditing
standards that have been adapted to the Community context. The
audit was planned and performed to obtain reasonable assurance
that the accounts are reliable and the underlying transactions are
legal and regular.

The Court has obtained a reasonable basis for the opinion

6.
expressed below.

Reliability of the accounts

Except for the situation described in paragraph 8, the Foun-
dation’s accounts for the financial year ended 31 December
2004 are, in all material respects, reliable.

Legality and regularity of the underlying transactions

transactions underlying the Foundation’s

The
accounts, taken as a whole, are legal and regular.

annual

OBSERVATIONS

7.
The Tempus programmes, which are managed by the
Foundation under a Commission mandate, are not shown in the
Foundation’s budget. This situation does not comply with the
principles of unity and budget accuracy (4), as the Court has
pointed out before on several occasions (5).

8.
The Foundation sets out the financial information con-
cerning these programmes (6) in an annex to its annual accounts.
Managing these programmes is, however, an integral part of the
Foundation’s work and takes up a significant part of its human
and material resources. The Foundation’s accounts, which are
supposed, amongst other things, to faithfully reflect its revenue
and expenditure, cannot simply exclude the expenditure incurred
within the framework of these programmes.

9.
The Foundation’s budget published in the Official Journal
specifies the revenue and expenditure by title and chapter only,
without further subdividing them into articles and items as
required by the budgetary principle of specification (7). Moreover,
it does not contain an establishment plan (8).

10.
The revenue and expenditure account for the financial
year 2003 shows a loss of 1,3 million euro. This balance should
have been entered in an amending budget for the financial year
2004 (9).

This report was adopted by the Court of Auditors in Luxembourg at
5 October 2005.

its meeting of

For the Court of Auditors
Hubert WEBER
President

(4) Article 6(1) and (2) of the Foundation’s financial regulation.
(5) Paragraph 9 of the report for the financial year 2002 (OJ C 319,
30.12.2003, p. 48), paragraph 8 of the report for the financial year
2001 (OJ C 326, 27.12.2002, p. 51) and paragraph 11 of the report
for the financial year 1999 (OJ C 373, 27.12.2000, p. 34).

(6) The total for payments made in 2004 for the implementation of the

(1) OJ L 131, 23.5.1990.
(2) OJ L 248, 16.9.2002, p. 1.
(3) These accounts were drawn up on 18 August 2005 and received by

the Court on 22 September 2005.

Tempus programmes was 9,3 million euro.

(7) Article 22 of the Foundation’s financial regulation.
(8) Article 27(3) of the Foundation’s financial regulation.
(9) Article 16 of the Foundation’s financial regulation.

28.12.2005

EN

Official Journal of the European Union

C 332/77

1

e
l
b
a
T

)
n
i
r
u
T
(

n
o
i
t
a
d
n
u
o
F

i

g
n
n
i
a
r
T

n
a
e
p
o
r
u
E

d
e
i
l

p
p
u
s

s
e
c
i
v
r
e
s

d
n
a

s
t
c
u
d
o
r
P

4
0
0
2

r
a
e
y

l
a
i
c
n
a
n
i
f

e
h
t

g
n
i
r
u
d

e
l
b
a
l
i
a
v
a

e
d
a
m

s
e
c
r
u
o
s
e
R

4
0
0
2

n

i

n
o
i
t
a
d
n
u
o
F

e
h
t

o
t

)
a
t
a
d

3
0
0
2
(

e
c
n
a
n
r
e
v
o
G

n
o
i
t
a
d
n
u
o
F

e
h
t

f
o

s
e
c
n
e
t
e
p
m
o
C

0
9
9
1

y
a
M
7

f
o

0
9
/
0
6
3
1

o
N

)

C
E
E
(

n
o
i
t
a
l
u
g
e
R

l
i
c
n
u
o
C

y
t
i
n
u
m
m
o
C

f
o

s
a
e
r
A

m
o
r
f

g
n
i
v
i
r
e
d

e
c
n
e
t
e
p
m
o
c

y
t
a
e
r
T

e
h
t

s
e
i
t
i
v
i
t
c
A

t
e
g
d
u
B

d
r
a
o
B
g
n
n
r
e
v
o
G

i

s
k
s
a
T

s
e
v
i
t
c
e
j
b
O

l
l
a
h
s

y
t
i
n
u
m
m
o
C

s
t
i

i

n
h
t
i

w

,
t
u
o

e
h
T

‘

y
r
r
a
c

:

i

g
n
d
u
l
c
n

i

s
a
e
r
a

f
o

e
g
n
a
r

i

e
d
w
a

s
r
e
v
o
c

F
T
E

e
h
T

y
l
l

u
f

)
o
r
u
e
n
o
i
l
l
i

,

m
2
7
1
(
o
r
u
e
n
o

i
l
l
i

m
4
8
1

,

h
c
a
e

f
o

e
v
i
t
a
t
n
e
s
e
r
p
e
r

e
n
o

—

i

g
n
n
i
f
e
d

n

i

e
c
n
a
t
s
i
s
s
A

—

-
o
r
p

e
h
t

o
t

e
t
u
b
i
r
t
n
o
c

o
T

—

-
n
o
c

,

i

g
n
n
r
a
e
l

g
n
o
l
e
f
i
l

,

i

g
n
n
i
a
r
t

l
a
n
o
i
t
a
c
o
v

l
a
i
t
i
n

i

n
o
i
s
s
i

m
m
o
C
e
h
t

y
b

d
e
c
n
a
n
i
f

e
t
a
t
S

r
e
b
m
e
M

-
i
r
o
i
r
p
d
n
a

s
d
e
e
n
g
n
n
i
a
r
t

i

-
l
e
v
e
d
e
c
r
u
o
s
e
r
n
a
m
u
h

,

n
o
i
t
a
c
u
d
e

)
t
l
u
d
a
(
g
n
u
n
i
t

i

,
s
e
i
c
i
l

o
p

t
n
e
m
y
o
p
m
e

l

,
s
e
i
n
a
p
m
o
c

n

i

t
n
e
m
p
o

-
a
i
v
e
l
l
a

y
t
r
e
v
o
p

,
e
l
p
o
e
p

l

d
e
y
o
p
m
e
n
u

f
o

i

g
n
n
i
a
r
t

-
r
u
o
c
n
e
o
t

i

g
n
n
i
a
r
t
d
n
a
n
o
i
s
u
l
c
n

i

l
a
i
c
o
s
d
n
a
n
o
i
t

-
a
c
i
l

p
p
a

9
6
1

e
r
e
w
e
r
e
h
T

.
t
n
e
m
p
o
l
e
v
e
d

l
a
c
o

l

e
g
a

f
o

t
s
o
m

,

3
0
0
2

n

i

3
4
1

t
s
n
i
a
g
a

s
a

4
0
0
2

n

i

s
n
o
i
t

-
l
o
f

G
D

,
)

%
5
3

(

s
n
o
i
t
a
g
e
l
e
D

e
h
t

m
o
r
f

e
r
e
w

,
)

%
6
1

(

C
A
E

G
D

,
)

%
1
2

(

O
C
D
A

I

y
b

h
c
i
h
w

d
e
w
o

l

-
e
r
f

t
s
o
m
e
h
T

.
)

%
7

(

X
E
L
E
R
G
D
d
n
a

)

%
9

(

G
R
A
L
E

-
o
r
p
f
o
d
l
e
i
f

e
h
t
n

i

e
s
o
h
t

e
r
e
w
s
n
o
i
t
a
c
i
l

p
p
a

t
n
e
u
q

e
c
i
v
d
a

y
b

d
e
w
o

l
l

o
f

,
)
s
n
o
i
t
a
c
i
l

p
p
a

2
4

(

i

g
n
m
m
a
r
g

n
o
i
t
a
r
a
p
e
r
p

e
h
t

n

i

s
n
o
i
t
u
b
i
r
t
n
o
c

d
n
a

s
e
i
c
i
l

o
p

n
o

,
)

8
2

(

s
t
n
e
m
u
r
t
s
n
I

d
o
o
h
r
u
o
b
h
g
i
e
N

n
a
e
p
o
r
u
E

f
o

.
)

8
1

(
p
u
-
w
o

l
l

o
f
d
n
a

)

9
1

(

s
t
c
e
j
o
r
p
f
o
n
o
i
t
a
c
i
f
i
t
n
e
d

i

:
s
e
i
r
t
n
u
o
c

e
l
b
i
g
i
l
e

n

i

s
e
i
r
o
t
a
v
r
e
s
b
o

f
o

k
r
o
w
t
e
N

,

n
o
i
t
a
c
u
d
e

n
o

s
c
i
t
s
i
t
a
t
s

,
s
e
i

d
u
t
s

r
o
t
c
e
s

y
r
t
n
u
o
c

.
s
e
i
r
t
n
u
o
c

o
t

e
c
i
v
d
a

y
c
i
l

o
p

:
s
t
c
e
j
o
r
p

t
n
e
m
p
o
l
e
v
e
D

o
t

s
e
t
u
b
i
r
t
n
o
c

F
T
E

e
h
t

,
e
s
i
t
r
e
p
x
e

f
o

e
r
t
n
e
c

a

s
A

r
e
d
r
o

n

i

s
t
c
e
j
o
r
p

t
n
e
m
p
o
l
e
v
e
d

f
o

p
u
-
g
n
i
t
t
e
s

e
h
t

r
e
n
t
r
a
p

i

g
n
w
o

l
l
a

s
e
h
c
a
o
r
p
p
a

y
r
o
t
a
v
o
n
n

i

t
s
e
t

o
t

n
o
i
t
a
c
u
d
e

r
i
e
h
t

f
o
s

m
r
o
f
e
r

t
u
o
y
r
r
a
c
o
t

s
e
i
r
t
n
u
o
c

.
s

m
e
t
s
y
s

i

g
n
n
i
a
r
t

l
a
n
o
i
t
a
c
o
v

d
n
a

,
s
d
r
a
C

h
t
i

w

s
n
o
i
t
n
e
v
n
o
C

e
c
n
a
t
s
i
s
s
a

l
a
c
i
n
h
c
e
T

.
e
m
m
a
r
g
o
r
p

s
u
p
m
e
T

e
h
t

r
o
f

s
i
c
a
T

d
n
a

a
d
e
M

e
h
t

f
o

e
l
c
y
c

e
l
o
h
w

e
h
t

s
r
e
v
o
c

e
c
n
a
t
s
i
s
s
a

s
i
h
T

t
n
e
m
e
g
a
n
a
m

,

n
o
i
t
c
e
l
e
s

e
h
t

s
e
d
u
l
c
n

i

t
I

.
t
c
e
j
o
r
p

n
o
i
t
a
m
r
o
f
n

i

d
n
a

s
t
c
a
r
t
n
o
c

f
o

p
u
-
w
o

l
l

o
f

i

-
s
i
n
m
d
a

l
a
r
e
n
e
g

i

g
n
d
u
l
c
n

i

,

n
o
i
t
a
c
i
n
u
m
m
o
c

d
n
a

d
n
a

)
5
3
(

5
3

:
s
k
s
a
t

e
v
i
t
a
r
t
s
i
n
m
d
a

i

)
0
8
(

2
8

:
s
k
s
a
t

l
a
n
o
i
t
a
r
e
p
o

)
5
1
(

3
1

:
s
k
s
a
t

d
e
x
i
m

—

—

—

r
e
b
m
e
M
h
c
a
e
m
o
r
f

s
t
r
e
p
x
e
o
w

t

—

e
t
a
t
S

e
l
b
i
g
i
l
e

h
c
a
e
m
o
r
f

s
t
r
e
p
x
e

o
w

t

—

y
r
t
n
u
o
c

l
a
i
c
o
s

e
h
t

m
o
r
f

s
t
r
e
p
x
e

o
w

t

—

l
e
v
e
l

n
a
e
p
o
r
u
E

t
a

s
r
e
n
t
r
a
p

-

m
o
c
e
r

a

n
o

t
n
e
m
a
i
l
r
a
P

n
a
e
p
o
r
u
E

l
i
c
n
u
o
C
e
h
t

m
o
r
f

n
o
i
t
a
d
n
e
m

s
r
o
t
i
d
u
A

f
o

t
r
u
o
C
n
a
e
p
o
r
u
E

t
i
d
u
a

l
a
n
r
e
t
x
E

e
g
r
a
h
c
s
i
D

4
0
0
2
r
e
b
m
e
c
e
D
1
3
t
a
s
a
s
r
e
b
m
u
n
f
f
a
t
S

e
h
t

f
o

s
e
v
i
t
a
t
n
e
s
e
r
p
e
r

o
w

t

—

;
s
e
i
t

s
t
s
o
p

)
9
9
(

9
9

h
c
i
h
w

f
o

,

n
a
l
p

t
n
e
m

-
h
s
i
l

b
a
t
s
e

e
h
t

n

i

s
t
s
o
p

)
4
0
1
(

4
0
1

—

d
e
i
p
u
c
c
o

n
o
i
s
s
i

m
m
o
C

n
o
i
t
a
m
r
o
f
n

i

f
o

n
o
i
s
i
v
o
r
P

—

r
o
t
c
e
r
i
D

e
r
u
t
u
f

d
n
a

s
e
v
i
t
a
i
t
i
n

i

n
o

;
s
d
e
e
n

:
s
e
i
t
u
d

i

g
n
w
o

l

i

g
n
n
r
e
v
o
G

e
h
t

y
b

i

d
e
t
n
o
p
p
a

—

d
r
a
o
B

,
s
e
i
r
a
i
l
i
x
u
a
(

s
t
s
o
p

r
e
h
t
o

)
1
3
(

1
3

—

e
h
t

m
o
r
f

l
a
s
o
p
o
r
p

a

n
o

d
r
a
o
B

i

g
n
n
r
e
v
o
G

e
h
t

y
b

i

d
e
t
n
o
p
p
a

—

;
s
t
c
e
j
o
r
p

t
o

l
i

p

g
n
i
c
n
a
n
i
F

t
n
e
m
y
o
p
m
e

l

,
s
t
r
e
p
x
e

l
a
n
o
i
t
a
n

.
)
f
f
a
t
s

y
c
n
e
g
a

-
l
o
f

e
h
t

o
t

d
e
n
g
i
s
s
a

)
0
3
1
(

0
3
1

:
f
f
a
t
s

l
a
t
o
T

n
o
i
s
s
i

m
m
o
C

m
u
r
o
F

y
r
o
s
i
v
d
A

-

m
o
C

f
o

n
o
i
t
a
t
n
e
m
e
l
p
m

I

n

i

s
e
m
m
a
r
g
o
r
p

n
o
i
s
s
i

m

.
s
e
i
r
t
n
u
o
c

e
l
b
i
g
i
l
e

—

—

-
s
i
s
s
a

i

g
n
n
i
a
r
t

f
o

n
o
i
s
i
v

f
o

s
e
i
r
t
n
u
o
c

e
h
t

o
t

e
c
n
a
t

n
r
e
t
s
a
E

d
n
a

l
a
r
t
n
e
C

o
t

,
a
i
l

o
g
n
o
M
d
n
a

e
p
o
r
u
E

e
h
t

e
h
t

f
o

s
e
i
r
t
n
u
o
c

e
m
o
s

o
t

d
n
a

a
e
r
a

s
n
a
k
l
a
B

s
e
i
r
o
t
i
r
r
e
t

d
n
a

s
e
i
r
t
n
u
o
c

-
o
r
p
a
d
e
M
e
h
t

r
o
f

e
l
b
i
g
i
l
e

;
s
e
m
m
a
r
g

-
n
u
o
c

e
l

b

i
g
i
l
e

o
t

n
e
v
i
g

.
s
e
i
r
t

e
c
n
a
t
s
i
s
s
a

e
h
t

f
o

n
o
i
t
a
n

-
i
d
r
o
o
c

e
h
t

e
t
o
m
o
r
p

o
T

—

,
e
c
n
e
t
e
p
m
o
c

f
o

s
e
r
e
h
p
s

d
n
a

l
a
i
c
n
a
n
i
f

,
c
i
m
o
n
o
c
e

n
o
i
t
a
r
e
p
o
o
c

l
a
c
i
n
h
c
e
t

-
n
u
o
c

d
r
i
h
t
h
t
i

w
s
e
r
u
s
a
e
m

l
l
a
h
s

s
e
r
u
s
a
e
m
h
c
u
S

.
s
e
i
r
t

o
t

y
r
a
t
n
e
m
e
l
p
m
o
c

e
b

e
h
t

y
b

t
u
o

d
e
i
r
r
a
c

e
s
o
h
t

-
s
i
s
n
o
c
d
n
a

s
e
t
a
t
S
r
e
b
m
e
M

t
n
e
m
p
o
l
e
v
e
d
e
h
t
h
t
i

w

t
n
e
t

.
’

y
t
i
n
u
m
m
o
C
e
h
t

f
o
y
c
i
l

o
p

)

A
1
8
1

e
l
c
i
t
r

A

(

-
a
c
i
l

p
p
a

e
n

i
l

n
o

s
a

d
e
t
a
t
i
l
i
c
a
f

y
l
t
a
e
r
g

h
c
u
s

e
v
a
h

s
l
o
o
t

T
I

.
t
r
o
p
p
u
s

e
v
i
t
a
r
t

s

m
r
o
f

t
r
o
p
e
r

d
n
a

s
n
o
i
t

s
u
o
i
r
a
v

e
h
t

f
o

t
n
e
m
e
g
a
n
a
m

e
v
i
t
a
r
t
s
i
n
m
d
a

i

e
h
t

.
s
e
l
c
y
c

t
c
e
j
o
r
p

.

n
o
i
t
a
d
n
u
o
F

e
h
t

y
b

d
e
d
i
v
o
r
p

n
o
i
t
a
m
r
o
f
n
I

:
e
c
r
u
o
S

C 332/78

EN

Official Journal of the European Union

28.12.2005

)
o
r
u
e

0
0
0
1
(

e
l
b
a
l
i
a
v
a

s
n
o
i
t
a
i
r
p
o
r
p
p
A

e
h
t

m
o
r
f

r
e
v
o

d
e
i
r
r
a
c

s
n
o
i
t
a
i
r
p
o
r
p
p
A

r
a
e
y

l
a
i
c
n
a
n
i
f

s
u
o
i
v
e
r
p

e
r
u
t
i
d
n
e
p
x
E

s
n
o
i
t
a
i
r
p
o
r
p
p
a

t
e
g
d
u
b

l
a
n
i
F

d
e
l
l
e
c
n
a
c

d
e
i
r
r
a
c

r
e
v
o

d
i
a
p

-

m
o
c

d
e
t
t
i

m

-
o
r
p
p
A

s
n
o
i
t
a
i
r
p

-
n
a
c

d
e
l
l
e
c

d
e
i
r
r
a
c

r
e
v
o

d
i
a
p

-

m
o
c

-
t
i

m

s
t
n
e
m

-
t
u
o

i

g
n
d
n
a
t
s

-
n
a
c

d
e
l
l
e
c

d
e
i
r
r
a
c

r
e
v
o

d
i
a
p

-

m
o
c

d
e
t
t
i

m

d
e
r
e
t
n
e

f
o

n
o
i
t
a
c
o

l
l

A

e
r
u
t
i
d
n
e
p
x
e

d
e
v
i
e
c
e
r

e
u
n
e
v
e
R

e
u
n
e
v
e
R

d
e
r
e
t
n
e

e
u
n
e
v
e
R

t
e
g
d
u
b

l
a
n
i
f

e
h
t

n

i

l
a
i
c
n
a
n
i
f

e
h
t

r
o
f

r
a
e
y

2

e
l
b
a
T

4
0
0
2

r
a
e
y

l
a
i
c
n
a
n
i
f

e
h
t

r
o
f

t
e
g
d
u
b

e
h
t

f
o

n
o
i
t
a
t
n
e
m
e
l
p
m

I

—
n
o
i
t
a
d
n
u
o
F

i

g
n
n
i
a
r
T

n
a
e
p
o
r
u
E

1
7
2

3
2
1

9
2
4
1
1

4
7
5
1
1

3
2
8
1
1

2
2

9
1

7
4
2

4
1
5
1

0
7
7
1

0
8
7
1

9

2
9
1

8
6
1
1

3
6
3
4

4
0
7
5

3
2
7
5

3
7
1

0

2
5
6

4
3
4

6
8
0
1

6
8
0
1

0

2
8
4

0
9
1
2

0
4
7
7
1

4
3
1
0
2

2
1
4
0
2

4
0
2

0

0

0

2
1
1

2
1
1

7
0
3

9
2
3

9
4
2

3
2
1

2
2
1
1
1

5
4
2
1
1

4
9
4
1
1

I

e
l
t
i
T

f
f
a
t
S

I
I

e
l
t
i
T

0
0
6
7
1

0
0
6
7
1

1
0
3

0
1
3

0
1

7
4
2

3
1
2
1

0
6
4
1

0
7
4
1

n
o
i
t
a
r
t
s
i
n
m
d
A

i

0
0
8

4
1
9

7
8
0
1

9
1

8
6
1
1

9
4
4
3

7
1
6
4

6
3
6
4

4
7
1

6
8
2

0

0
4
5

0
6
2

0
0
8

0
0
8

g
n
i
t
a
r
e
p
O

s
e
i
t
i
v
i
t
c
a

I
I
I

e
l
t
i
T

d
e
k
r
a
m
r
a
E

e
u
n
e
v
e
r

0
8

0
0
8

0

e
u
n
e
v
e
r

f
o

e
c
r
u
o
S

y
t
i
n
u
m
m
o
C

s
e
i
d
i
s
b
u
s

d
e
k
r
a
m
r
a
E

e
u
n
e
v
e
r

e
u
n
e
v
e
r

r
e
h
t
O

6
9
6
1

2
1
0
2

8
7
2

8
7
0
2

4
4
0
6
1

2
2
1
8
1

0
0
4
8
1

l
a
t
o
T

0
8
4
8
1

0
0
4
8
1

l
a
t
o
T

.
s
t
n
u
o
c
c
a

l
a
u
n
n
a

s
t
i

n

i

n
o
i
t
a
d
n
u
o
F

e
h
t

y
b

d
e
i
l

p
p
u
s

a
t
a
d

e
h
t

s
e
s
i
r
a
m
m
u
s

e
l
b
a
t

s
i
h
T
—

a
t
a
d

n
o
i
t
a
d
n
u
o
F

:
e
c
r
u
o
S

.

i

g
n
d
n
u
o
r

f
o

s
t
c
e
f
f
e

e
h
t

o
t

e
u
d

e
r
a

s
l
a
t
o
t

n

i

s
n
o
i
t
a
i
r
a
V

:

B
N

28.12.2005

EN

Official Journal of the European Union

C 332/79

European Training Foundation — Revenue and expenditure account for the financial years 2004 and 2003 (1)

Table 3

2004

2003

(1 000 euro)

Revenue

Commission subsidies

Other donors

Miscellaneous revenue

Expenditure

Staff — Title I of the budget

Payments

Appropriations carried over

Administration — Title II of the budget

Payments

Appropriations carried over

Operating activities — Title III of the budget

Payments

Appropriations carried over

Earmarked revenue

Payments

Appropriations carried over

17 600

800

80

Total revenue (a)

18 480

18 100

523

17

18 640

10 771

329

1 076

310

3 396

1 087

237

286

17 492

1 148

– 2 155

375

– 703

17

– 1 318

11 122

123

1 213

247

3 449

1 168

260

540

18 122

358

– 1 318

204

0

– 3

Total expenditure (b)

Outturn for the financial year (a – b)

Balance carried over from the previous financial year

Appropriations carried over and cancelled

Reimbursements to the Commission

Exchange-rate differences

(1) The revenue and expenditure account and balance sheet only take account of the Foundation’s specific activities: they do not include programmes managed on behalf of the

Commission.

Source:

Foundation data — This table summarises the data supplied by the Foundation in its annual accounts.

Balance for the financial year

– 759

C 332/80

EN

Official Journal of the European Union

28.12.2005

European Training Foundation — Balance sheet at 31 December 2004 and 31 December 2003 (1)

Table 4

Assets

2004

2003

Liabilities

2004

2003

(1 000 euro)

Intangible fixed assets

Occupational rights

Software licences

Depreciation

Tangible fixed assets

Equipment and furniture

Computer equipment

Depreciation

Stocks

Office equipment

Current assets

Other advances

Recovery orders

Sundry accounts receivable

Cash accounts

Bank accounts

Imprest account

Fixed capital

5 000

5 000

Own capital

174

146

Balance for the financial year

3 516

– 759

– 1 809

– 1 611

Subtotal

2 757

Subtotal

3 365

3 535

Current liabilities

Automatic carry-overs of appropriations

1 538

287

273

Automatic carry-overs of earmarked revenue

1 189

1 438

Other contributors

– 1 325

– 1 444

Sundry accounts payable

Subtotal

151

267

Deferred revenue

652

134

1

43

3 852

– 1 318

2 534

1 726

286

30

1

83

Subtotal

2 368

2 126

0

0

2

24

0

26

50

50

4

43

39

86

1 580

3

1 583

5 125

719

3

722

4 660

Subtotal

Subtotal

Subtotal

Total

Total

5 125

4 660

(1) The revenue and expenditure account and balance sheet only take account of the Foundation’s specific activities: they do not include programmes managed on behalf of the

Commission.

Source:

Foundation data — This table summarises the data supplied by the Foundation in its annual accounts.

28.12.2005

EN

Official Journal of the European Union

C 332/81

THE FOUNDATION’S REPLIES

The implementation from 2005 onward by the Agency
7-8.
of the modernised EU accounting practices solves the difficulty
reported by the Court. Ever since the Court highlighted its con-
cerns, ETF has analysed the alternatives to integrate TEMPUS
funds into its budget. Due to the characteristics of the mandate
given to ETF and the applicable financial rules, no satisfac-
tory solution could be found to integrate them in ETF budget.
In consequence, ETF’s 2004 accounts were presented the way
used the preceding years. Nevertheless, ETF managed these funds
with the same rigour as its own budget, and their use has been

reported in an annex to ETF accounts as well as in the Commis-
sion’s accounts.

9.
The costs of publishing the details of the budget in the OJ
were felt to be disproportionate for an agency with an annual
budget of less then 20 million euro. ETF took care to give to the
readers all the necessary indications to obtain a fully detailed elec-
tronic version of its budget.

The ETF has taken measures to avoid such a situation in

10.
the future.