Report on the annual accounts of the Euratom Supply Agency for the financial year 2009, together with the Agency’s replies
Date: 2010-09-16
Institutions: European Court of Auditors
Subjects: EU office or agency, European Court of Auditors, administration of the Institutions, competence of the institution, financial control, implementation of the budget, report








C_2010338EN.01000601.xml










14.12.2010   


EN


Official Journal of the European Union


C 338/6





REPORT
on the annual accounts of the Euratom Supply Agency for the financial year 2009, together with the Agency’s replies
2010/C 338/02

CONTENTS








 



Paragraph




Page





INTRODUCTION …


1-2


7




STATEMENT OF ASSURANCE …


3-12


7





The Agency’s replies …


9





INTRODUCTION







1.


The Euratom Supply Agency (hereinafter ‘the Agency’), located in Luxembourg, was created in 1958 (1). A Council Decision 2008/114/EC, Euratom of 12 February 2008 (2) replaced the preceding Statutes of the Agency. The Agency’s main tasks are to provide the Union with expertise on the market in nuclear materials and services and to monitor it.










2.


In 2009, as in 2008, the Agency did not receive any subsidy to cover its operations. The Commission bore the costs incurred by the Agency for implementing the 2009 activities.



































































































































This Report was adopted by Chamber IV, headed by Mr Igors LUDBORŽS, Member of the Court of Auditors, in Luxembourg at its meeting of 14 and 16 September 2010.


For the Court of Auditors

Vítor Manuel da SILVA CALDEIRA

President




THE AGENCY’S REPLIES






12.


The present situation reflects the necessary balance in accordance with the Euratom Treaty between:






—


on the one hand, the clear relationship with the European Commission (e.g. the Commission may issue directives and appoints the Director-General of the Agency), and










—


on the other hand a level of legal and financial autonomy (e.g. the Agency co-signs all commercial contracts related to the procurement of nuclear materials, which allows it to ensure the policy of diversification of the sources of supply).




This provides, in cooperation with the Commission, for initiatives that will reinforce the effectiveness and efficiency of the activities of the Agency.
However, the Agency will, together with all interested parties, consider the most appropriate measures to take into account the Court’s comments.







(1)  OJ 27, 6.12.1958, p. 534.

(2)  OJ L 41, 15.2.2008, p. 15.

(3)  These accounts should be accompanied by a report on the budgetary and financial management during the year which gives, inter alia, an account of the rate of implementation of the appropriations, with summary information on transfers of appropriations among the various budget items.

(4)  The financial statements include the balance sheet and the economic outturn account, the cash-flow table, the statement of changes in capital and the annex to the financial statements, which includes a description of the main accounting policies and other explanatory information.

(5)  The budget implementation reports should comprise the budget outturn account and its annex.

(6)  The responsibilities of the Director-General are described in Articles 7 and 8 of Decision 2008/114/EC, Euratom of 12 February 2008.

(7)  International Federation of Accountants (IFAC) and International Standards of Supreme Audit Institutions (ISSAI).

(8)  The Final Annual Accounts were drawn up on 25 May 2010 and received by the Court on 1 July 2010. The Final Annual Accounts, consolidated with those of the Commission, are published in the Official Journal of the European Union by 15 November of the following year. These can be found on the following website http://eca.europa.eu or http://ec.europa.eu/eahc/about/about.html