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CEEP Financial Results 2011

CEEP Financial Results 2011. Meeting of the General Assembly Brussels May 15 2012. Overall Picture. Four economic results compose the financial situation: Operating result: revenue - expenses Financial result: financial activities like interest on savings etc. EU projects

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CEEP Financial Results 2011

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  1. CEEPFinancial Results 2011 Meeting of the General Assembly Brussels May 15 2012

  2. Overall Picture • Four economic results compose the financial situation: • Operating result: revenue - expenses • Financial result: financial activities like interest on savings etc. • EU projects • Global result: aggregates all three results • What is the most relevant to get the final picture? • Operating results: show the day-to-day operation and “core business” • EU projects: separated accounting introduced, reflected by separate presentation

  3. Operating ResultsExpenses Services and Other Goods • In general expenses under daily operation are in line with the budget. Nevertheless few items have been beyond budget : • Trips and Travel • Computer services • Telephone • Communication/News Services • Lawyers and experts What have we done to improve the situation?: Action already taken on telephone and travels in order to reduce costs For computer services, based on budget 2012 a new offer is considered. This includes: • A 3 years’ investment of 30.000€ to update and optimise the existing database, renew the graphical chart of CEEP website and simplify CEEP extranet • A maintenance 3 years contract (upgrade to a forfeit of 15h/month instead of 5h/month)

  4. Operating ResultsExpenses • Human Resources in 2011 • Some of the expenses estimated under the 2011 budget were too high • Temporary or permanent changes in personnel, coupled with long term sicknesses made the work environment instable and the financial estimation difficult What have we done to improve the situation?: Action taken to re-bring stability into the team. This made necessary to make one member of personnel redundant. • Amounts Written off trade debtors • Written off fees in 2011: 156.000,00 EURO • Recurrent non payers • Temporary non payers • Reduced membership fees agreed in 2010 and impacting 2011 financial results What have we done to improve the situation?: Regular contacts with National Sections experiencing financial difficulties and with recurrent non payers. In the latter case, exclusion from voting rights and from access to extranet was pursued. More needs to be done. Actions to be discussed and agreed by General Assembly

  5. Operating ResultsRevenue • Turnover (Subscriptions) – three sources • National Sections • Loss in revenue due to reduced fees by three National Sections • Loss in revenue because of unpaid fees by six National Sections • Individual membership fees • Stable • Associated membership fees • Stable

  6. Operating ResultsRevenue • Other Income • FEDES : stable • CEEP EVENTS –e.g. : Local enterprises : stable • Recovery of rental charges : HOSPEEM and MUNICIPAL WASTE EUROPE • Extraordinary Result Recovery of VAT Regularisation: substantial amount (85.000,00€) transferred to CEEP by Belgian tax Authority. However VAT control still ongoing: therefore no guarantee of definitive reimbursement.

  7. Conclusion on Operating Results 2011 • Final Resultissimilarcompared to 2010 but only tanks to VAT regularisation. Withoutthat, the gap vs budget would have risenfrom 60.500€ to 145.500€ • CEEP General Secretariatwill (evenfruther) « do more withless » and seek new sources of revenues (ierecovery of rental charges) but the trend cangenuelybereversedonly by recovery of unpaid/reducedmembershipfees

  8. PROJECTS • Four projectswereoperational in 2011 • Public Services Contribution to Growth • Change in Public Services • Financial Participation of Employees • Mapping the Evolution of Public Services

  9. Public Services Contributionto Smart, Sustainable and inclusive Growth

  10. Public Services Contributionto Smart, Sustainable and inclusive Growth………continue.

  11. Change in Public Services

  12. Change in Public Services….continue….

  13. Financial Participation of Employees

  14. Financial Participation of Employee …continue……

  15. Mapping the Evolution of PS

  16. Mapping the Evolution of PS ..continue….

  17. Conclusion on Projects

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