financial background pesc plenary meeting la petite pierre, 17 october 2008
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Financial BackgroundPESC Plenary Meeting
La Petite Pierre, 17 October 2008
www.esf.org2
•New strategy
•Increased responsibilities (COST) since 2004
•Dramatic growth at short term: 2003 2007
• Yearly budget 17M€ 50 M€
• Transactions 5000 27.000/year
• Staff 62 130
•Increased complexity; EC contracts, new instruments, two locations: offices in Strasbourg and Brussels
A context of changes and growth
ESF Administration and Finance, Mission and organisation, May 2008
ESF Consolidated Income | Mio€ur |
2007
Actual
MO Contributions 7,0
Other Internal Income 0,9
External Income (1) 2,6
General Budget 10,5
RNPs 5,0
Expert Boards/Committees 0,9
Research Conferences 2,0
Account for Closed Programmes 1,3
Other ESF Budgets (2) 9,2
COST 20,9
EURYI 0,2
EUROCORES 3,9
Others 0,9
External contracts (2) 26,0
TOTAL 45,6
(1) Net of residual costs and provisions for contingencies linked to external contracts
(2) the 2008-2009 Budget figures for these activities represent indicative Targets
2005 Management Accounts -2005 Management
2007 Management Accounts | Chart 1 |
2007 Consolidated Expenditure
PESC Plenary meeting, 17 October 2008
2009 General BudgetPESC Plenary Meeting
La Petite Pierre, 17 October 2008
www.esf.org6
Priorities for 2009 agreed at April 2008 GovCo
• Invest in strategy– Improve the definition of topics, the quality and the impact of
Forward Looks– Give high quality support to MO Fora and take the outcomes further– Support the strategic role of Standing Committees
• Consolidate EUROCORES as a MO funded scheme for joint programming
• Develop activities in Peer Review
• Implement the strategy of the Conferences Scheme
• Become independent of uncertain external funding for core strategic activities
PESC Plenary meeting, 17 October 2008
PESC Affiliated ActivitiesPESC Plenary
La Petite Pierre, 17 October 2008
PESC Research Networking Programmes2008 RNP contributions 2 726 kEUR
ESF Administration & Finance
PESC PlenaryLa Petite Pierre, 17 October 2008
www.esf.org21
Administration and Finance Mission and objectives
Overall missionManage resources to support the ESF mission, which is to
promote European Science in a spirit of excellence
Permanent Objectives• Guarantee the production of high quality financial information at short notice
to support management decisions• Steer the financial planning (budgets/forecasts) and the financial outcome
(actual) on a basis shared with all functions and linked with the strategy • Guarantee the respect of legal obligations, internal control procedures, and
the safety and good management of assets• Ensure ESF's information systems are aligned with ESF processes and user
requirements, providing both automatisation and added-value services (such as decision support or collaborative tools), as well as enforcing compliance with regulations (traceability etc.)
• Contribute to the success of all development projects by managing the related financial aspects
ESF Administration and Finance, Mission and organisation, May 2008
The Administration and Finance Team
ESF Administration and Finance, Mission and organisation, May 2008