Source: EURLEX
Language: en
Format: md

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| --- | --- | --- | --- |
| 31.10.2008 | EN | Official Journal of the European Union | C 278/29 |

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Executive Agency for Competitiveness and Innovation (Brussels) — Publication of the final accounts for the financial year 2007

(2008/C 278/10)

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

http://ec.europa.eu/eaci/docs\_en.htm

Source: Data supplied by the Agency — This table summarises the data provided by the Agency in its annual accounts.

Table 1

Implementation of the budget for the financial year 2007

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| (1000 euro) | | | | | | | | | | | |
| Revenue | | | Expenditure | | | | | | | | |
| Source of revenue | Revenue entered in the final budget for the financial year | Revenue received | Allocation of expenditure | Appropriations under the final budget | | | | | Appropriations carried over from the previous financial year(s) | | |
| entered | committed | paid | carried over | cancelled | available | paid | cancelled |
| Community subsidies | 6 937 | 6 937 | Title I  Staff | 3 853 | 3 501 | 3 108 | 199 | 352 | 118 | 43 | 75 |
| Other revenue | p.m. | 6 | Title II  Administration | 1 875 | 1 451 | 548 | 903 | 423 | 67 | 21 | 46 |
| Title III[(1)](#ntr1-C_2008278EN.01002901-E0001)  Technical and administrative support | 1 210 | 1 208 | 206 | 1 002 | 2 | 797 | 623 | 174 |
| Total | 6 937 | 6 943 | Total | 6 937 | 6 160 | 3 862 | 2 104 | 777 | 982 | 687 | 295 |
| NB: Revenue collected and payments are estimated on a cash basis. | | | | | | | | | | | |

Table 2

Economic outturn account for the financial year 2007 and 2006

|  |  |  |
| --- | --- | --- |
| (1000 euro) | | |
|  | 2007 | 2006 |
| Operating revenue | | |
| Community subsidies | 5 667 | 5 057 |
| Other revenues | 13 | 105 |
| Total (a) | 5 680 | 5 162 |
| Operating expenses | | |
| Staff expenses | 3 157 | 2 616 |
| Fixed asset-related expenses | 48 | 38 |
| Other administrative expenses | 2 496 | 1 305 |
| Total (b) | 5 701 | 3 958 |
| Surplus/(deficit) from operating activities (c = a - b) | - 21 | 1 204 |
| Charges from 2005 (d) | — | 273 |
| Economic result for the year (e = c - d) | - 21 | 930 |
| NB: These accounts are drawn up on an accrual basis. | | |

Table 3

Balance sheet at 31 December 2007 and 2006

|  |  |  |
| --- | --- | --- |
| (1000 euro) | | |
|  | 2007 | 2006 |
| Non-current assets | 140 | 101 |
| Intangible fixed assets | 39 | 13 |
| Tangible fixed assets | 101 | 88 |
| Current assets | 3 426 | 1 604 |
| Short-term receivables | 46 | 95 |
| Cash and cash equivalents | 3 380 | 1 509 |
| Total assets | 3 566 | 1 705 |
| Current liabilities | | |
| Provisions for risks and charges | 127 | 48 |
| Accounts payable | 2 530 | 727 |
| Total liabilities | 2 656 | 775 |
| Net assets | 909 | 930 |
| Reserves | | |
| Result carried forward from the previous year | 930 |  |
| Economic result for the year | - 21 | 930 |
| Net capital | 909 | 930 |
| NB: Variations in totals are due to the effects of rounding.  NB: These accounts are drawn up on an accrual basis. | | |

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