ANNUAL ACCOUNTS EUROPEAN FOOD SAFETY AUTHORITY

Transcription

1 ANNUAL ACCOUNTS EUROPEAN FOOD SAFETY AUTHORITY Financial Year 2015 Financial Statements Reports on the Implementation of the Budget

2 Certification of the 2015 Annual Accounts The annual accounts of the European Food Safety Authority for the year 2015 have been prepared in accordance with the Title IX of the Financial Regulation applicable to the general budget of the European Union, the accounting rules adopted by the Commission's Accounting Officer and the accounting principles and methods adopted by myself. I acknowledge my responsibility for the preparation and presentation of the annual accounts of the European Food Safety Authority in accordance with Article 68 of the Financial Regulation. I have obtained from the authorising officer, who certified its reliability, all the information necessary for the production of the accounts that show the European Food Safety Authority assets and liabilities and the budgetary implementation. I hereby certify that based on this information, and on such checks as I deemed necessary to sign off the accounts, I have a reasonable assurance that the accounts present fairly, in all material aspects, the financial position, the results of the operations and the cash-flow of the European Food Safety Authority. Parma, 17 May 2016 [signed] Pedro Pinhal Accounting Officer European Food Safety Authority Annual Accounts

3 Table of Contents INTRODUCTION... 4 LEGAL BASIS... 4 FINANCIAL STATEMENTS... 5 BALANCE SHEET... 5 STATEMENT OF FINANCIAL PERFORMANCE... 6 CASH FLOW STATEMENT... 7 STATEMENT OF CHANGES IN NET ASSETS... 8 NOTES TO THE FINANCIAL STATEMENTS SIGNIFICANT ACCOUNTING POLICIES NOTES TO THE BALANCE SHEET NOTES TO THE STATEMENT OF FINANCIAL PERFORMANCE CONTINGENT ASSETS/LIABILITIES AND OTHER SIGNIFICANT DISCLOSURES PROTECTION OF THE EU BODY s BUDGET FINANCIAL INSTRUMENTS AND RISK MANAGEMENT POLICIES CHANGES IN ACCOUNTING POLICIES RELATED PARTY DISCLOSURE EVENTS AFTER THE BALANCE SHEET DATE REPORTS ON IMPLEMENTATION OF THE BUDGET BUDGETARY STRUCTURE AND PRINCIPLES BUDGET RESULT RECONCILIATION OF ECONOMIC RESULT WITH BUDGET RESULT BUDGET IMPLEMENTATION BUDGET TRANSFERS...41 EFSA s ORGANISATIONAL CHART (December 2015) ESTABLISHMENT PLAN European Food Safety Authority Annual Accounts

4 INTRODUCTION The European Food Safety Authority ( EFSA or the Authority ) is an independent EU Authority established by Regulation (EC) n 178/2002 of the European Parliament and of the Council of 28 January 2002 and although financed by the general budget of the EU, it operates separately from the European Commission, European Parliament and EU Member States. EFSA s role is to assess and communicate on all risks associated with the food chain. EFSA is represented by its Executive Director, Dr. Bernhard Url, appointed by the Authority Management Board. EFSA s headquarters are in Parma, Italy. More information on the Authority administrative and operational activities, organizational chart, applicable legislation, Management Board is available on the web site: The 2015 Annual Accounts cover the period 1 st January to 31 st December LEGAL BASIS The accounts of EFSA have been established in accordance with the following legislation: - Financial Regulation of EFSA as adopted by its Management Board on 19 December 2013; - Implementing Rules of EFSA as adopted by its Management Board on 26 June 2014; - EC Financial Regulation; - Accounting rules, methods and guidelines as adopted and provided by the Accounting Officer of the Commission. European Food Safety Authority Annual Accounts

5 FINANCIAL STATEMENTS BALANCE SHEET EUR ASSETS Note NON-CURRENT ASSETS Intangible assets 2.1. Computer software 867, ,215, Intangible assets under construction 1,482, , Property, Plant and Equipment 2.2. Land and buildings 33,029, ,608, Plant and equipment 181, , Computer hardware 1,059, , Furniture 703, , Long term receivables , Long term pre-financing , ,571, TOTAL NON CURRENT ASSETS 37,860, ,995, CURRENT ASSETS Receivables and recoverables 2.5. Current receivables 40, , Accrued income , Sundry receivables , Prepaid expenses 1,744, , Short term pre-financing ,175, , Cash and cash equivalents ,944, ,523, TOTAL CURRENT ASSETS 11,905, ,249, TOTAL ASSETS 49,766, ,245, NET ASSETS AND LIABILITIES NET ASSETS Accumulated surplus/deficit 13,188, ,944, Economic result of the year 462, ,244, TOTAL NET ASSETS 13,650, ,188, NON-CURRENT LIABILITIES Long-term liabilities ,882, ,195, TOTAL NON CURRENT LIABILITIES 25,882, ,195, CURRENT LIABILITIES Provisions for risks and liabilities , , Payables Current payables 1,964, , Long-term liabilities falling due within the year 881, , Sundry payables 23, Accrued charges and deferred income ,934, ,834, Pre-financing received from consolidated EU entities ,372, ,188, Accounts payable to consolidated EU entities ,165, TOTAL CURRENT LIABILITIES 10,233, ,861, TOTAL NET ASSETS AND LIABILITIES 49,766, ,245, European Food Safety Authority Annual Accounts

6 STATEMENT OF FINANCIAL PERFORMANCE Note OPERATING REVENUE 3.1. European Union Contribution ,422, ,920, Other operating revenue , , Miscellaneous revenue 4, , TOTAL OPERATING REVENUE 77,518, ,674, OPERATING EXPENSES Administrative expenses 3.2. Staff expenses -34,567, ,521, Other administrative expenses -10,094, ,023, Depreciation & amortisation of fixed assets -3,174, ,433, Administrative expenses with EU entities -1,506, , Operating expenses 3.3. Operating expenses -26,492, ,141, Operating expenses with EU entities -257, , TOTAL OPERATING EXPENSES 76,094, ,348, SURPLUS/(DEFICIT) FROM OPERATING ACTIVITIES 1,424, ,325, Financial revenues , , Financial expenses ,043, ,182, SURPLUS/(DEFICIT) FROM ORDINARY ACTIVITIES 462, ,244, Extraordinary gains Extraordinary losses SURPLUS/(DEFICIT) FROM EXTRAORDINARY ITEMS ECONOMIC RESULT OF THE YEAR 462, ,244, EUR European Food Safety Authority Annual Accounts

7 CASH FLOW STATEMENT EUR Economic result of the year 462, ,244, Operating activities Amortisation 622, , Depreciation 2,551, ,727, (Increase)/Decrease in receivables and recoverables 67, , (Increase)/Decrease in long term pre-financing 1,038, , (Increase)/Decrease in short term pre-financing -305, , (Increase)/Decrease in inventories (Increase)/Decrease in provisions , (Increase)/Decrease in receivables from consolidated EU entities , (Increase)/Decrease in liabilities -3,313, ,031, (Increase)/Decrease in payables 2,352, ,330, (Increase)/Decrease in liabilities to consolidated EU entities -980, , (Gains)/losses on sale of property, plant and equipment Other non-cash movements Increase/(decrease) in pension and employee benefits liability Net cash-flow from operating activities 2,495, ,911, Investing activities (Increase)/Decrease in intangible assets and property, plant and -2,074, , equipment Proceeds from intangible assets and property, plant and equipment Net cash-flow from investing activities -2,074, , Net increase/(decrease) in cash and cash equivalents 421, ,057, Cash and cash equivalents at the beginning of the year 8,523, ,466, Cash and cash equivalents at year-end 8,944, ,523, European Food Safety Authority Annual Accounts

8 STATEMENT OF CHANGES IN NET ASSETS Note Accumulated Surplus/Deficit Economic result of the year EUR Net Assets (Total) Balance as at 31 December ,944, ,244, ,188, Changes in accounting policies Balance as at 1 January ,944, ,244, ,188, Allocation of the economic result of previous year 4,244, ,244, Economic result of the year 462, , Balance as at 31 December ,188, , ,650, European Food Safety Authority Annual Accounts

9 NOTES TO THE FINANCIAL STATEMENTS SIGNIFICANT ACCOUNTING POLICIES 1.1. Legal basis and Accounting rules In accordance with Article 141 of Council Decision and Article 92 of the Financial Regulation of the European Food Safety Authority, the following annual accounts together with the reports on implementation of the budget of European Food Safety Authority have been drawn up. These financial statements are prepared on the basis of the EU Accounting Rules as adopted by the Commission s Accounting Officer which adapt the International Public Sector Accounting Standards (and in some cases the International Financial Reporting Standards) to the specific environment of the EU, while the reports on implementation of the budget continue to be primarily based on movements of cash. The accounting system of the European Food Safety Authority comprises general accounts and budget accounts. These accounts are kept in Euro on the basis of the calendar year. The budget accounts give a detailed picture of the implementation of the budget. They are based on the modified cash accounting principle. 1 The general accounts allow for the preparation of the financial statements as they show all charges and income for the financial year and are designed to establish the financial position in the form of a balance sheet as at 31 December. The European Food Safety Authority financial statements have been drawn up using the methods of preparation as set out in the accounting rules laid down by the European Commission s Accounting Officer Accounting principles The objectives of the financial statements are to provide information about the financial position, performance and cash flows of an entity that is useful to a wide range of users. For a public sector entity such as the European Food Safety Authority, the objectives are more specifically to provide information useful for decision making, and to demonstrate the accountability of the entity for the resources entrusted to it. Article 95 of the Financial Regulation of the European Food Safety Authority sets out the accounting principles to be applied in drawing up the financial statements. The overall considerations (or accounting principles) to be followed when preparing the financial statements are laid down in EU Accounting rule 2 and are the same as those described in IPSAS 1, that is: Fair presentation Financial statements shall present fairly the financial position, financial performance and cash flows of an entity. Fair presentation requires the faithful representation of the effects of transactions, other events and conditions in accordance with the definitions and recognition criteria for assets, liabilities, revenue and expenses set out in EC accounting rules. The application of EC accounting rules, with additional disclosures when necessary, is presumed to result in financial statements that achieve a fair presentation (EU Accounting Rule 2). 1 This differs from cash-based accounting because of elements such as carryovers. European Food Safety Authority Annual Accounts

10 Accrual Basis In order to meet their objectives, financial statements are prepared on the accrual basis of accounting. Under this basis, the effects of transactions and other events are recognised when they occur (and not as cash or its equivalent is received or paid) and they are recorded in the accounting records and reported in the financial statements of the periods to which they relate (EU Accounting Rule 2). Going concern basis When preparing financial statements an assessment of an entity s ability to continue as a going concern shall be made. Financial statements shall be prepared on a going concern basis unless there is an intention to liquidate the entity or to cease operating, or if there is no realistic alternative but to do so. These financial statements have been prepared in accordance with the going concern principle, which means that the European Food Safety Authority is deemed to have been established for an indefinite duration (EU Accounting Rule 2). Consistency of presentation According to this principle the presentation and classification of items in the financial statements shall be retained from one period to the next (EU Accounting Rule 2). Aggregation Each material class of similar items shall be presented separately in the financial statements. Items of a dissimilar nature or function shall be presented separately unless they are immaterial (EU Accounting Rule 2). Offsetting Assets and liabilities, and revenue and expenses, shall not be offset unless required or permitted by an EU Accounting rule (EU Accounting Rule 2). Comparative Information Except when an EU accounting rule permits or requires otherwise, comparative information shall be disclosed in respect of the previous period for all amounts reported in the financial statements. When the presentation or classification of items in the financial statements is amended, comparative amounts shall be reclassified unless the reclassification is impracticable (EU Accounting Rule 2). European Food Safety Authority Annual Accounts

11 1.3. Statement of financial performance Revenue Non-exchange revenue makes up the vast majority of EFSA revenue and includes mainly EU subsidy and own resource amounts. Exchange revenue is the revenue from the sale of goods and services. It is recognised when the significant risk and rewards of ownership of the goods are transferred to the purchaser. Revenue associated with a transaction involving the provision of services is recognised by reference to the stage of completion of the transaction at the reporting date. Interest income consist of received bank interest Expenses According to the principle of accrual-based accounting, the financial statements take account of expenses relating to the reporting period, without taking into consideration the payment date; meaning when the goods or services are used or consumed. Exchange expenses arising from the purchase of goods and services are recognised when the supplies are delivered and accepted by EFSA. They are valued at original invoice cost. Non-exchange expenses account for the majority of EFSA s expenses. They relate to transfers to beneficiaries and can be of three types: entitlements, transfers under agreement and discretionary grants, contributions and donations. Transfers are recognised as expenses in the period during which the events giving rise to the transfer occurred, as long as the nature of the transfer is allowed by regulation (Financial Regulation, Staff Regulations, or other regulation) or a contract has been signed authorising the transfer; any eligibility criteria have been met by the beneficiary; and a reasonable estimate of the amount can be made. When a request for payment or cost claim is received and meets the recognition criteria, it is recognised as an expense for the eligible amount. At year-end, incurred eligible expenses due to the beneficiaries but not yet reported are estimated and recorded as accrued expenses. European Food Safety Authority Annual Accounts

12 2. NOTES TO THE BALANCE SHEET NON-CURRENT ASSETS The tangible or intangible items acquired whose acquisition price or production cost is euro or more, with a period of use greater than one year and which are not consumables, are recordered as fixed assets. Items with an acquisition price below euro have been reflected in the accounts as running expenses. Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life (EU Accounting Rule 7). The depreciation is calculated using the straight-line method with the following rates: Type of asset Straight line depreciation rate Computer software 25% Furniture 25% - 10% Plant and equipment 25% % Computer hardware 25% Telecommunication and audio-visual equipment 25% Building 4% 2.1. Intangible assets Intangible assets are identifiable non-monetary assets without physical substance. Acquired computer software licences are stated at historical cost less accumulated amortisation and impairment losses. The assets are amortised on a straight-line basis over their estimated useful lives. The estimated useful lives of intangible assets depend on their specific economic lifetime or legal lifetime determined by an agreement. Currenty, EFSA uses 25% amortisation rate for its intangible assets. Amortisation is the systematic allocation of the depreciable amount of an intangible asset over its useful life (EU Accounting Rule 6). Internally developed intangible assets are capitalised when the relevant criteria of the EU Accounting rules are met. The costs capitalisable include all directly attributable costs necessary to create, produce, and prepare the asset to be capable of operating in the manner intended by management. Costs associated with research activities, non-capitalisable development costs and maintenance costs are recognised as expenses as incurred The intangible fixed assets at EFSA consist of computer software and the development cost of the intangible fixed assets under construction. European Food Safety Authority Annual Accounts

13 Computer Software Others TOTAL Intangible fixed assets under construction TOTAL Gross carrying amounts ,600, ,600, , ,205, Additions 275, , , ,153, Disposals Other changes Gross carrying amounts ,875, ,875, ,482, ,358, Accumulated amortizations and impairment ,385, ,385, ,385, Depreciations , , , Write-back of amortizations Disposals Impairment Write-back of impairment Other changes Accumulated amortization and impairment ,007, ,007, ,007, Net carrying amounts , , ,482, ,350, As of 31/12/2015, the following IT projects have been considered as intangible fixed assets under construction, eg. software: Open ScAIE (former Virtual Library), Talent Management and Matrix. During 2015, Open ScAIE and Matrix were de-prioritised and will be resumed in Talent Management project continued the development phase which had a cost of 878, euro, some modules are foreseen to be released in 2016 although the application will be fully operational in Below the aggregate information breakdown of the intangible fixed assets under construction and their associated development cost: Name of project Development cost under construction Open ScAIE 328, Talent Management 1,154, Total 1,482, The amount of research and development expenditure related to IT projects in the course of 2015 was 447, euro and 878, euro, respectively. European Food Safety Authority Annual Accounts

14 2.2. Property, plant and equipment All property, plant and equipment are stated at historical cost less accumulated depreciation and impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition or construction of the asset. Subsequent costs are included in the asset s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits or service potential associated with the item will flow to EFSA and its cost can be measured reliably. Repairs and maintenance costs are charged to the statement of financial performance during the financial period in which they are incurred. Tangible (fixed) assets at EFSA consist mainly of the building (EFSA Seat), technical equipment, furniture, computer hardware, telecommunication and audio-visual equipment. Land and buildings includes the amounts related to the cost of EFSA Seat delivered in December The land has been donated by the Parma Municipality to EFSA, free of charge, allowing EFSA to use the land for indefinite period of time. No accounting entries for this non-exchange component Land. The cost of the building have been registered for 39,474, euro. Land and Buildings Plant and Equipment Computer hardware Furniture Tangible Fixed Assets under Construction TOTAL Gross carrying amounts ,474, , ,172, ,312, ,690, Additions 35, , , , Disposals , , Other changes 0.00 Gross carrying amounts Accumulated depreciations and impairments ,474, , ,608, ,349, ,198, ,865, , ,204, , ,085, Depreciations ,578, , , , ,551, Write-back of depreciation , , Disposals 0.00 Impairment 0.00 Write-back of impairment Other changes 0.00 Accumulated depreciation and impairment ,444, , ,548, , ,223, Net carrying amounts ,029, , ,059, , ,974, European Food Safety Authority Annual Accounts

15 2.3. Long term receivables The year end balance of 2, euro, regards a guarantee related to the rental of EFSA office established in Brussel, May Long term receivables 2, Total 2, Non-current prefinancing Pre-financing is the equivalent of cash advances paid in the context of purchases of goods or services by EFSA and it may be split into a number of payments over a period defined in the particular pre-financing agreement. These payments are made before the goods are delivered or the services are performed and intended to provide the beneficiary with a float. If the beneficiary does not incur eligible expenditures, he has the obligation to return the pre-financing advance to EFSA. This right of EFSA is shown as an asset Long term pre-financing 532, ,571, Total 532, ,571, The year end balance of 532, euro, regards pre-financing given on long term. Under EU Accounting Rules the pre-financing balances are reduced at year end to the extent that costs related to the contract execution for each individual contract have been accrued. CURRENT ASSETS 2.5. Current receivables and recoverables Current receivables 40, , Amounts due from EU entities Sundry receivables , Deferred charges 1,744, , Accrued income , Total 1,785, ,855, The year end balance for deferred charges of 1,744, euro consists mainly on 1,126, euro related to the maintenance of hardware and software not related to 2015 financial year which will be delivered in the next financial years ( ) and the remaining 618, euro are related to the charge of school fees for the EFSA pupils enrolled in the European School of Parma for the school year 2015/2016. The total receivables of 1,785, euro (2014: 1,855, euro) are relating to non-exchange transactions. European Food Safety Authority Annual Accounts

16 2.6. Current Pre-financing Short term pre-financing 1,175, , Total 1,175, , The year end balance of 1,175, euro, regards pre-financing given on short term. Under EU Accounting Rules the pre-financing balances are reduced at year end to the extent that costs related to the contract execution for each individual contract have been accrued Cash and cash equivalents Bank accounts 8,944, ,508, Imprest account , Total 8,944, ,523, The bank accounts and the imprest account are held with Cassa di Risparmio di Parma e Piacenza- Credit Agricole. NON-CURRENT LIABILITIES 2.8. Non-current financial liabilities Other long term liabilities 25,882, ,195, Total 25,882, ,195, The year end balance of 25,882, euro is related to EFSA new Seat (Building) that was bought in December 2011 where the purchase price will be paid off in instalments. The amount regards the debt owed due in more than one year. On the top of the quarterly instalments paid of 929, euro during the 2015 financial year, at year end a supplementary payment of 2,431, euro has been done by EFSA. CURRENT LIABILITIES 2.9. Current provisions/short-term provisions for risks and liabilities Provisions 56, , Total 56, , The year balance of 56, euro regards 40, euro for probable legal costs to be paid in 2016 and 16, euro for a doubtful debt. Comparing to last year, no additional provisions have been made related to legal cases ongoing. European Food Safety Authority Annual Accounts

17 2.10. Payables The accounts payable as at 31 December 2015 comprise outstanding unpaid invoices, claims from suppliers/other public bodies and other liabilities due within the year of Payables suppliers/public bodies 1,964, , Other shor term liabilities 881, , Sundry payables 23, Total 2,869, ,617, The year end balance of 1,964, euro, regards unpaid invoices received from suppliers/public bodies for goods and services provided to EFSA. The amount of 881, euro, concerns EFSA debt owed within one year for the building purchase Accrued charges and deferred income Accrued charges 5,289, ,210, Untaken annual leave 614, , Other accrued charges 30, , Total 5,934, ,834, Accrued charges are expenses related to goods and services provided to EFSA during the financial year 2015 but not invoiced nor paid at year end. The calculated amount of the untaken leave of staff for 2015, is recognised as accrued expense and amounts to 614, euro. The amount of 30, euro relates to the finance charge for 2015 associated to the first instalments to be paid in 2016 for the building purchase Accounts payable to consolidated EU entities Repayable positive budgetary outturn 738, ,089, Pre-financing received DG ELARG , Pre-financing received DG NEAR 41, , Pre-financing received DG NEAR 593, Other payables to consolidated EU entities ,165, Total 1,372, ,353, At year end of 2015 there is a surplus of the EC subsidy (DG SANTE) amounting to 738, euro that corresponds to the subsidy received but unused in During the course of 2016 this amount will be reimbursed to the European Commission (DG SANTE). The year end balance of 593, euro related to DG NEAR, corresponds to the net amount between the costs incurred (6, euro) in 2015 and the pre-financing (600, euro) received from DG NEAR in 2015 regarding the contract 2015/ for Preparatory measures for the participation of the candidate countries and the potential candidate countries in EFSA. The DG NEAR contract 2015/ was implemented in October 2015 and is foreseen to be concluded in December European Food Safety Authority Annual Accounts

18 The year end balance of 41, euro related to DG NEAR, corresponds to the net amount between the costs incurred in 2014 and 2015 (263, euro) and the pre-financing (304, euro) received from DG NEAR in 2014 and 2015 regarding the contract 2013/ for Preparatory measures for the participation of the neighbourhood countries in EFSA. The DG NEAR contract 2013/ was implemented in February 2014 and foreseen to be concluded in January DG NEAR (DG European Neighbourhood Policy and Enlargement Negogiation) is a merge between former DG ELARG and DG DEVCO, due to reorganisational changes when the new European Commission took office on 1 st November European Food Safety Authority Annual Accounts

19 3. NOTES TO THE STATEMENT OF FINANCIAL PERFORMANCE 3.1. Revenue Revenues and corresponding receivables are measured at the fair value of the consideration received or receivable and are accounted for in the period to which they relate. EFSA s main source of revenue is the subsidy of 77,294, euro received from the European Commission (DG SANTE). Besides the subsidy, EFSA has revenues from two contracts with DG NEAR, 121, euro regarding the contract 2013/ and 6, euro for contract 2015/361/733. Both contracts with DG NEAR are related with Preparatory measures for the participation of the candidate countries and the potential candidate countries in EFSA Union contribution EC contribution DG SANTE 77,294, ,539, Accrued income DG NEAR 121, , Accrued income DG NEAR 6, , Total 77,422, ,920, Other operating revenue Assigned revenue 65, , Other revenue consolidated entities 25, Miscellaneous recoveries 4, , Total 95, , Revenue of 25, euro from consolidated entities regards a reimbursement received from Translation Center in Luxembourg - CDT on the price stability reserve. Miscellaneous recoveries consist of recoveries of miscellaneous expenses. Operating revenue in 2015 With nonconsolidated entities With consolidated entities Total Non exchange revenue 69, ,448, ,518, Total 69, ,448, ,518, European Food Safety Authority Annual Accounts

20 3.2. Administrative Expenses The administrative expenses relate mainly to cost incurred by EFSA daily operations and the main amount concerns the staff expenses of 34,567, euro (2014: 34,521, euro) which are related to expenses such as salaries, allowances, social security contributions and other welfare expenses. All salary calculations giving the total staff expenses included in the Statement of financial performance of the Authority are externalized to the Office for administration and payment of individual entitlements (also known as the Paymaster's Office-PMO) which is a central office of the European Commission. The PMO's mission is to manage the financial rights of permanent, temporary and contractual staff working at the Commission, to calculate and to pay their salaries and other financial entitlements. The PMO provides these services to other EU institutions and agencies/authorities as well. The PMO is also responsible for managing the health insurance fund of the Institutions, together with processing and paying the claims of reimbursement from staff members. The PMO also manages the pension fund and pays the pensions of retired staff members. PMO is being audited by the European Court of Auditors. The Authority is only responsible for the communication to the PMO of reliable information allowing the calculation of the staff costs. It is also responsible to check that this information has been correctly handled in the monthly payroll report used for accounting payroll costs. It is not responsible for the calculation of the payroll costs performed by PMO. Fixed assets related expenses of 3,174, euro (2014: 3,433, euro) contain the charged amortisation/depreciation for the non-current intangible/tangible assets. Other administrative expenses of 10,094, euro (2014: 9,023, euro) contains expenses of maintenance/security, office running costs and external service provider. Regarding the expenses with consolidated EU entities of 1,506, euro, the breakdown is provided below: Consolidated EU entities Translation Center in Luxembourg - CDT 49, , European Aviation Safety Authority - EASA 6, , Human Resources DG DG HR 1,048, , Budget DG BUDG 126, , Office for Administration and Payment 250, , Publications Office , EPSO Informatics DG 25, , Total 1,506, , European Food Safety Authority Annual Accounts

21 3.3. Operating expenses Operating expenses of 26,492, euro (2014: 26,141, euro) euro are related to the activities of the Operational Units and also include the developments in the area of information and communication technology in relation to EFSA s operations. Regarding the expenses with consolidated EU entities of 257, euro, the breakdown is provided below: Consolidated EU entities Translation Center in Luxembourg - CDT 76, , Publications Office 1, , Joint Research Center - JRC 179, , Total 257, , Financial revenue Exchange rate differences 4, Bank interest 77, , , , Since last year, 2014, the bank interest earned on the received subsidy from EC (DG SANTE) is no longer due to the EC, becoming own revenue of EFSA Financial expenses Late interest payments 1, , Exchange rate differences 8, , Bank charges Interest expenses 1, ,173, Total 1,043, ,182, The interest expenses corresponds to the interest paid in relation to the debt arising from the purchase of EFSA building. European Food Safety Authority Annual Accounts

22 4. CONTINGENT ASSETS AND LIABILITIES AND OTHER SIGNIFICANT DISCLOSURES 4.1. Contingent Assets A contingent asset is a possible asset that arises from past events and of which the existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of EFSA. It is not recognised because the amount of the obligation cannot be measured with sufficient reliability. A contingent asset is disclosed when an inflow of economic benefits or service potential is probable. - Guarantees received: 250, euro One insurance guarantee have been provided of 250, euro by the current contractor that manages the catering and canteen services in EFSA premises Contingent Liabilities A contingent liability is a possible obligation that arises from past events and of which the existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of EFSA; or a present obligation that arises from past events but is not recognised because: it is not probable that an outflow of resources embodying economic benefits or service potential will be required to settle the obligation or, in the rare circumstances where the amount of the obligation cannot be measured with sufficient reliability Number legal cases pending 4 4 Total 4 4 An estimated amount for legal expenses of 40, (2014: 40, euro) is included in the provisions Other significant disclosures Operating Leases No assets are subject to an operating lease Contract Purchase for EFSA Seat (Building) According to the agreements and the contract signed in December 2011 between EFSA and the company Authority STU Spa, the maximum purchase price of the building is 38,600, euro which has been confirmed during the 2013 financial year. The contract had foreseen the payment of the debt by instalments in 25 years with an annual amount of 1,965, euro. At year end an additional payment of 2,431, euro on the capital debt has been paid leading to a reduction of interest due on the debt and consequent impact in future instalments. The remaining annual installments will be of 1,801, euro. The company Authority STU Spa has given a guarantee on the surface right (which will be cancelled upon the payment of the last instalment) and sold the debt to their financial creditor. European Food Safety Authority Annual Accounts

23 Outstanding commitments not yet expensed (Carryovers) Automatic carryovers C1 15,026, ,740, Automatic carryovers C4 32, , Automatic carryovers C Automatic carryovers C8 6,199, ,412, Automatic carryovers R0 133, Accrued expenses (8,506,432.08) (7,684,593.35) Outstanding commitments not yet expensed 12,884, ,484, The amount disclosed above is the budgetary RAL ("Reste à Liquider") less related amounts that have been included as expenses in the 2015 statement of financial performance. The budgetary RAL is an amount representing the open commitments for which payments and/or de-commitments have not yet been made. European Food Safety Authority Annual Accounts

24 5. PROTECTION OF THE EFSA s BUDGET 5.1. Recoveries Under direct management, and in accordance with the Financial Regulation, recovery orders should be established by the authorising officer for amounts unduly paid. Recoveries are then implemented by direct bank transfer from the debtor (e.g. a supplier) or by offsetting from other amounts that EFSA owes to the debtor. The Financial Regulation foresees additional procedures to ensure the collection of recovery orders overdue, which are the object of a specific follow up by the Accounting Officer of EFSA Preventive mechanisms In addition to the corrective mechanisms mentioned above, EFSA uses a number of preventive mechanisms to protect the EU budget. Under direct management, preventive actions include checks made on eligibility of expenditure being claimed by beneficiaries. These exante controls are intended to provide reasonable assurance on the legality and regularity of expenditure being paid. EFSA can also provide guidance, particularly on contractual issues, with the aim of ensuring a sound and efficient management of funding and therefore a lower risk of irregularities. European Food Safety Authority Annual Accounts

25 6. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT POLICIES Financial instruments comprise cash, current receivables and recoverables, current payables, amounts due to and from consolidated entities. Financial instruments give rise to liquidity, credit, interest rate and foreign currency risks, information about which and how they are managed is set out below. The carrying amounts of financial instruments are as follows: Financial assets Pre-financing long term receivable 532, ,571, Current receivables 40, , Accrued income , Sundry receivales 474,57 438, Prepaid expenses 1,744, , Pre-financing short term receivable 1,175, , Cash and cash equivalents 8,944, ,523, Total financial assets A 12,438, ,820, Financial liabilities Payables long term liabilities 26,763, ,012, Current payables 1,987, , Accrued charges 5,934, ,834, Payables EU entities 1,372, ,353, Total financial liabilities B 36,059, ,888, Total net financial instruments (A-B) -23,621, ,068, Liquidity risk Liquidity is the risk that arises from the difficulty of selling an assets; for example, the risk that a given security or asset cannot be traded quickly enough in the market to prevent a loss or meet an obligation. Liquitity risk arises from the ongoing financial obligations, including settlement of payables. The table below provides details on EFSA liabilities and their contractual maturities: 31 December 2015 < 1 year 1-5 years > 5 years Total Payables Long term liabilities 881, ,730, ,151, ,763, Current payables 1,987, ,987, Accrued charges 5,934, ,934, Payables EU entities 1,372, ,372, Total liabilities 10,177, ,730, ,151, ,059, Regarding treasury, bank accounts opened in the name of EFSA are not overdrawn. Treasury and payment operations are highly automated and rely on modern information systems. Specific procedures are applied to guarantee system security and to ensure segregation of duties in line with the Financial Regulation, the internal control standards, and audit principles. EFSA s budget principles ensure that overall cash resources for a given year are always sufficient for the execution of all payments. In order to ensure that available treasury resources are always sufficient to cover the payments to be executed in a given month, procedures regarding cash forecasting are in place. Credit risk European Food Safety Authority Annual Accounts

26 Credit risk is the risk of loss due to a debtor's non-payment or other failure to meet a contractual obligation. The default events include a delay in repayments, restructuring of borrower repayments and bankruptcy. Treasury resources are kept with a commercial bank. The subsidy to EC (DG SANTE) as per agreement is requested 7 times a year and is based on cash forecasts. Minimum cash levels, are kept in the main bank account and as a consequence the monthly average bank balance is 9.7 million euro to ensure that EFSA risk exposure is limited. This amounts should be viewed with regard to the overall treasury balances which fluctuated in 2015 between 1.2 million euro and 23.7 million euro. In addition, specific guidelines are applied for the selection of commercial banks in order to further minimise counterparty risk to which EFSA is exposed. EFSA commercial bank has been selected by call for tenders and the credit ratings of the commercial bank where EFSA has bank accounts is reviewed regularly. Prefinancing payments are only made to suppliers/contractors if they satisfy EFSA s minimum financial and capacity requirements. The maximum exposure to credit risk is: Receivables Pre-financing - Long term receivable 532, ,571, Current receivables 40, , Accrued income , Sundry receivables 474,57 438, Prepaid expenses 1,744, , Pre-financing Short term receivable 1,175, , Cash and cash equivalents 8,944, ,523, Total Financial assets 12,438, ,820, Impairment Guarantees Total credit risk 12,438, ,820, The credit quality of receivables, is shown below: Credit quality Prime and high rate Upper medium grade * 8,944, ,523, Low medium grade , Debtors who never defaulted ** 3,493, ,592, Debtors who defaulted in the past Total credit risk 12,438, ,820, * - amount relates to cash in bank **-amount relates to pre-financing (long/short term),prepaid expenses, current/sundry receivables European Food Safety Authority Annual Accounts

27 Analysis of the age of the receivables, past due and not impaired, is shown below: Past due but not impaired Credit quality Neither past due < 1 year 1-5 years > 5 years Total nor impaired Pre-financing - Long term 532, , Current receivables 2, , , , Accrued income Sundry receivables 474, Prepaid expenses 1,744, ,744, Pre-financing Short term 1,175, ,175, Cash and cash equivalents 8,944, ,944, Total 12,400, , , ,438, Interest rate risk EFSA earn interest on bank accounts balances. EFSA has put in place measures to ensure that interest earned on its bank accounts regularly reflects market interest rates, as well as their possible fluctuation. Overnight balances held on the commercial bank accounts earn interest on a daily basis but are paid to EFSA on a quarterly basis. The bank accounts held by EFSA have associated for interest calculation the ECB marginal rate for its main refinancing operations. As a result no risk exists that EFSA earns interest at rates lower than market rates. EFSA has financial liabilities on short and long term associated to the reimbursement of the building purchased (EFSA Seat) in 2011, the interest rate associated is fixed not variable. Foreign currency risk All financial assets and liabilities are in EUR, therefore EFSA has no currency exposure. When miscellaneous receipts are received in currencies other than EUR, are converted into EUR and transferred to accounts held in EUR. All bank accounts held by EFSA are in EUR, no material foreign currency risk with regard to these assets. 7. CHANGES IN ACCOUNTING POLICIES There have been no changes in accounting policies for the financial year European Food Safety Authority Annual Accounts

28 8. RELATED PARTY DISCLOSURE The related parties of European Food Safety Authority are the key management personnel, which are responsible for the strategic direction and operational management of the entity and are entrusted with significant authority to execute their mandate. Transactions between the Authority and the key management personnel take place as part of the normal operations and as this is the case, no specific disclosure requirements are necessary for these transactions in accordance with the EU Accounting rules. Highest grade description Grade Number of persons of this grade Executive Director AD14 1 The highest staf grade of EFSA in 2015 was AD14 (Executive Director) Mr. Bernhard Url. In March 2014, EFSA Management Board has designated Mr. Bernhard Url as the next EFSA s Executive Director. The Executive Director Designate of EFSA, Mr. Bernhard Url, was evaluated by the Committee on Environment, Public Health and Food Safety (ENVI) in an hearing held in Strasbourg (European Parliament) on 14th April Following this hearing the European Parliament formalised its opinion in a letter by the President to the Chair of EFSA s Management Board. EFSA s Management Board appointed in May 2014 Mr. Bernhard Url as the next EFSA s Executive Director, with a five years mandate which started on 1st June The transactions of the Authority with key management personnel during financial year 2015 is composed only of the remuneration, allowances and other entitlements in accordance with the Staff Regulations of the European Communities. 9. EVENTS AFTER THE BALANCE SHEET DATE At the date of issue of the accounts, no material issue came to the attention of the Accounting officer of European Food Safety Authority or were reported to him that would require separate disclosure under that section. European Food Safety Authority Annual Accounts

29 REPORTS ON IMPLEMENTATION OF THE BUDGET OF EUROPEAN FOOD SAFETY AUTHORITY European Food Safety Authority Annual Accounts

30 BUDGETARY STRUCTURE AND PRINCIPLES The budgetary accounts are kept in accordance with the Financial Regulation and its rules of application. The budget is the instrument which, for each financial year, forecasts and authorises the revenue and expenditure considered necessary for the implementation of EFSA s founding regulation. Every year, EFSA estimates its revenue and expenditure for the year and draws up a draft budget which it sends to the Commission. The Commission then sends it to the budgetary authority. On the basis of this draft budget, the Council draws its position which is then the subject of negotiations between the two arms of the budgetary authority. The President of the Parliament declares that the joint draft has been finally adopted, thus making the budget enforceable. The task of executing the budget is the responsibility of EFSA. The budget structure for EFSA consists of administrative and operational appropriations and has not only non-differentiated appropriations as well as differentiated appropriations, meaning that the commitment and the payment appropriations might not be have the same amount. Nondifferentiated appropriations are used to finance operations of an annual nature (which comply with the principle of annuality) while differentiated approprations are used to finance multi-annual operations. Origin of Appropriations The main source of appropriations is EFSA budget for the current year. However, there are other types of appropriations resulting from the provisions of the Financial Regulation. They come from previous financial years or outside sources: Initial budget appropriations adopted for the current year can be supplemented with transfers between lines and by amending budgets. Appropriations carried over from previous year or made available again also supplement the current budget. Assigned revenue which can be a revenue made up of refunds where the amounts allocated on the budget line which incurred the initial expenditure and may be carried over for one year only or a revenue such as contributions from Member States. Composition of Appropriations Available Initial budget = appropriations voted in year N-1; Final budget appropriations = initial budget appropriations adopted + amending budget appropriations + transfers + additional appropriations; Additional appropriations = assigned revenue (see above) + appropriations carried over from the previous financial year. Calculation of the Budget Result The revenue entered in the accounts is the amount actually received during the course of the year. For the purposes of calculating the budget result for the year, expenditure comprises payments made against the year's appropriations plus any of the appropriations for that year that are carried European Food Safety Authority Annual Accounts

31 over to the following year. Payments made against the year's appropriations means payments that are made by the accounting officer by 31 December of the financial year. The following are added to or deducted from the resulting figure: the net balance of cancellations of payment appropriations carried over from previous years and any payments which, because of fluctuations in the euro rate, exceed non-differentiated appropriations carried over from the previous year; and the balance of exchange-rate gains and losses recorded during the year. Payment appropriations carried over include: automatic carryovers and carryovers by decision. The cancellation of unused payment appropriations carried over from the previous year shows the cancellations on appropriations carried over automatically and by decision. It also includes the decrease in assigned revenue appropriations carried over to the next year in comparison with Budgetary principles The budget of EFSA has been established in compliance with the principles of unity, budget accuracy, annuality, equilibrium, unit of account, universality, specification, sound financial management and transparency as set out in the EFSA s Financial Regulation. European Food Safety Authority Annual Accounts

32 BUDGET RESULT Revenue Commission subsidy DG SANTE 78,032, ,629, Commission subsidy DG NEAR 715, , Other revenue - C4 778, , Other revenue - bank interest reused 83, , Miscellaneous revenue 4, , Total revenue (a) 79,615, ,943, Expenditure Personnel expenses - Budget title I Payments -38,520, ,633, Automatic carryovers -969, ,084, Administrative expenses - Budget Title II Payments -9,866, ,563, Automatic carryovers -2,687, ,755, Operational expenses - Budget Title III Payments -22,874, ,361, Automatic carryovers -4,494, ,968, Total expenditure (b) -79,412, ,367, Outturn for the financial year (a-b) 202, , Cancellation of unused carryovers 509, , Adjustment for carry-over from previous years 31, , Exchange differences for the year -4, Balance carried over from year N-1 1,089, , Reimbursement to the EC DG SANTE -1,089, , Balance of the outturn account: DG SANTE 738, ,089, DG NEAR , Interest yielded on the EC subvention funds and to be reimbursed to Commission European Food Safety Authority Annual Accounts

33 RECONCILIATION OF ECONOMIC RESULT WITH BUDGET RESULT 2015 ECONOMIC RESULT OF THE YEAR 462, Adjustments for accrual items (items included in the economic result but not in the budget result) Accrual Cut-off (reversal N-1) -7,749, Accrual Cut-off (cut-off N) 5,934, Unpaid invoices at year end but booked in charges 1,964, Depreciation/amortisation of intangible and tangible assets 3,173, Value reductions Recovery Orders issued in 2015 and not yet cashed -17, Prefinancing given in previous years and cleared in the year 2,766, Prefinancing received by DG NEAR and cleared in the year -180, Payments made from carry-over of payment appropriations 7,248, Other * -20, Adjustments for budgetary items (items included in the budget result but not in the economic result) Purchase of tangible fixed assets -921, Purchase of intangible fixed assets -275, New prefinancing paid in year 2015 and remaining open -1,238, New prefinancing received in year 2015 and remaining open 738, Budgetary recovery orders issued before 2015 and cashed in the year 705, Capital payments on financial leasing -3,360, Payment appropriations carried over to year N+1-8,151, Cancellation of unused carried over payment appropriations 509, Adjustment for carry-over from the previous year 31, Adjustment in fixed assets (It software under construction) -878, Other ** -2, BUDGET RESULT OF THE YEAR 738, Delta not explained Other *) Interests received at year end and booked as revenue (21.201,59 euro). Recovery order issued in previous year and cancelled in 2015 (422,58 euro). Other **) Payment of rental guarantee in Brussels office consuming the budget and not the Financial Performance. European Food Safety Authority Annual Accounts

34 The economic result of the year is calculated on the basis of accrual accounting principles. The budget result is however based on modified cash accounting rules, in accordance with the Financial Regulation. As the economic result and the budget result both cover the same underlying operational transactions, it is a useful control to ensure that they are reconcilable. The actual budgetary revenue for a financial year corresponds to the revenue collected from entitlements established in the course of the year and amounts collected from entitlements established in previous years. Therefore the entitlements established in the current year but not yet collected are to be deducted from the economic result for reconciliation purposes as they do not form part of budgetary revenue. On the contrary the entitlements established in previous years and collected in current year must be added to the economic result for reconciliation purposes. The net accrued expenses mainly consist of accruals made for year-end cut-off purposes, i.e. eligible expenses incurred by beneficiaries of EU funds but not yet reported to EFSA. While accrued expenses are not considered as budgetary expenditure, payments made in the current year relating to invoices registered in prior years are part of current year's budgetary expenditure. The net effect of pre-financing is the combination of (1) the new pre-financing amounts paid in the current year and recognised as budgetary expenditure of the year and (2) the clearing of the prefinancing paid in current year or previous years through the acceptance of eligible costs. The latter represent an expense in accrual terms but not in the budgetary accounts since the payment of the initial pre-financing had already been considered as a budgetary expenditure at the time of its payment. Besides the payments made against the year's appropriations, the appropriations for that year that are carried to the next year also need to be taken into account in calculating the budget result for the year. The same applies for the budgetary payments made in the current year from carry-overs and the cancellation of unused payment appropriations. The movement in provisions relates to year-end estimates made in the accrual accounts (employee benefits mainly) that do not impact the budgetary accounts. Other reconciling amounts comprise different elements such as asset depreciation, asset acquisitions, capital lease payments and financial participations for which the budgetary and accrual accounting treatments differ. European Food Safety Authority Annual Accounts

35 BUDGET IMPLEMENTATION Fund Source : C1 Appropriations Title I Executed Payment Budget line Official Budget Item Description Appropriation - CA (1) Executed (2) Credit Not Used (1-2) Payment Appropriation - PA (3) Current year commitment CND (4) Previous year commitment CD (5) Total (6) (4+5) Carry Forward - CA Carry Forward - PA A-1100 Basic salary 21,858, ,858, ,858, ,858, ,858, A-1101 Family allow ance 2,922, ,922, ,922, ,922, ,922, A-1102 Transfer and expatriation allow ance 2,389, ,389, ,389, ,389, ,389, A-1103 Secretarial allow ance 11, , , , , A-1113 Stagiaires 467, , , , , , , A-1115 Contract staff 4,626, ,626, ,626, ,626, ,626, A-1130 Insurance against sickness 760, , , , , A-1131 Insurance against accidents and occupational disea 112, , , , , A-1132 Unemployment insurance for temporary staff 279, , , , , A-1140 Birth and death allow ance 2, , , , , A-1141 Annual leave traveling expenses 266, , , , , A-1147 Call on duties 74, , , , , A-1171 Translation and interpretation 23, , , , , A-1172 Payment for administrative assistance from the Com 250, , , , , , , A-1175 Interim services 822, , , , , , , A-1176 Consultancy 566, , , , , , , A-1177 Other services 363, , , , , , , A-1180 Miscellaneous expenditure on recruitment 242, , , , , , , A-1181 Travel expenses (including for members of the fami 7, , , , , A-1182 Installation, resettlement and transfer allow ances 232, , , , , A-1183 Removal expenses 121, , , , , , , A-1184 Temporary daily subsistence allow ance 69, , , , , A-1190 Salary w eightings A-1300 Missions and travel expenses 131, , , , , , , A-1301 Shuttles for missions and duty 70, , , , , A-1400 Restaurants, meals and canteens 52, , , , , , , A-1410 Medical service 175, , , , , , , A-1420 Further training, language courses and retraining 833, , , , , , , , A-1520 Visiting experts, National Experts on Detachment 652, , , , , , , A-1610 Social contacts betw een staff 27, , , , , , , , A-1630 Early Childhood Centre, crèches and EU school 1,034, ,034, ,034, ,030, ,030, , , A-1640 Complementary aid for the handicapped 11, , , , , , A-1700 Reception and entertainment expenses 1, , , , , TITLE I - TOTAL 39,460, ,437, , ,460, ,480, ,480, , , European Food Safety Authority Annual Accounts

36 Fund Source : C1 Appropriations Title II Executed Payment Budget line Official Budget Item Description Appropriation - CA (1) Executed (2) Credit Not Used (1-2) Payment Appropriation - PA (3) Current year commitment CND (4) Previous year commitment CD (5) Total (6) (4+5) Carry Forward - CA Carry Forward - PA A-2000 Rent 15, , , , , , , A-2001 Acquisition 3,691, ,691, ,691, ,691, ,691, A-2010 Insurance 28, , , , , A-2020 Water, gas, electricity and heating 552, , , , , , , A-2030 Maintenance 337, , , , , , , A-2031 Cleaning 282, , , , , , , A-2040 Refurbishment of premises Fitting-out 901, , , , , , , A-2050 Security and surveillance of buildings 722, , , , , , , A-2080 Preliminary expenditure relating to constructio 149, , , , , , , A-2090 Other expenditure on building 724, , , , , , , A-2100 Purchase / Maintenance of IT equipment 529, , , , , , , A-2101 Purchase / Maintenance of software 676, , , , , , , A-2103 Software development 1,569, ,569, ,569, ,161, ,161, , , A-2104 User support 686, , , , , , , A-2200 Technical equipment and installations 53, , , , , , , A-2210 Purchase of furniture 51, , , , , , , A-2300 Stationery and office supplies 110, , , , , , , A-2320 Bank charges A-2330 Legal expenses 134, , , , , , , A-2350 Miscellaneous insurance 9, , , , , , , A-2390 Publications 2, , , , , A-2400 Postal charges 32, , , , , , , A-2410 Telecommunications subscriptions and charg 195, , , , , , , A-2411 Purchase and installation of equipment 291, , , , , , , A-2500 Management Board meetings 93, , , , , , , TITLE II - TOTAL 11,844, ,844, ,844, ,161, ,161, ,682, ,682, Fund Source : C1 Appropriations Title III Executed Payment Budget line Official Budget Item Description Appropriation - CA (1) Executed (2) Credit Not Used (1-2) Payment Appropriation - PA (3) Current year commitment CND (4) Previous year commitment CD (5) Total (6) (4+5) Carry Forward - CA Carry Forward - PA B-3010*REPRO Grants & Procurement 2,291, ,291, ,132, , ,857, ,082, ,066, B-3020 REPRO Experts meetings 4,556, ,556, ,556, ,334, ,334, , , B-3110*RASA Grants & Procurement 5,247, ,247, ,345, ,028, ,304, ,333, ,218, B-3120 RASA Experts meetings 2,607, ,595, , ,607, ,452, ,452, , , B-3200 Scientific cooperation meetings and tools 162, , , , , , , , B-3201*Focal Point and Grant Agreements 1,391, ,391, ,334, ,024, , ,334, , B-3210*SCISTRAT Grants & Procurement 900, , , , , , , B-3220 SCISTRAT Experts meetings 936, , , , , , , , B-3240 Crisis support 2, , , , , B-3310 Conferences & Outreach 1,177, ,167, , ,177, ,097, ,097, , , B-3320 Quality Management and Strategy 253, , , , , , , B3-321 Operational Development & Control 412, , , , , , , B-3400 Web management 415, , , , , , , , B-3410 Communications activities and materials 406, , , , , , , , B-3420 Advisory Forum Communications Working gro 382, , , , , , , , B-3500 Operational IT Systems 4,839, ,821, , ,839, ,867, ,867, ,954, ,954, B-3511 Translation, Interpretation, Linguistic Proofrea 77, , , , , , , B-3512 Library 449, , , , , , , , B-3513 Mission of staff related to operational duties 826, , , , , , , , B-3514 Shuttles for experts and staff related to opera 1,020, ,020, ,020, , , , , TITLE III - TOTAL 28,354, ,222, , ,810, ,836, ,908, ,745, ,386, ,860, GRAND TOTAL 79,659, ,504, , ,115, ,478, ,908, ,386, ,026, ,500, Note: *_The appropriations on these budget lines are of type differentiated appropriations. The commitments appropriations extends over more than one financial year and payment appropriations are not carried over. European Food Safety Authority Annual Accounts

37 Fund Source : C4 Appropriations Budget line Official Budget Item Description Appropriation (1) Executed (2) Credit Not Used (1-2) Payment Appropriation (3) Executed Payment (4) R A L (2-4) A-1171 Translation and interpretation 25, , , , A-1300 Missions and travel expenses 14, , , , A-1420 Further training, language courses and retraining 11, , , , TITLE I - TOTAL 51, , , , , A-2001 Acquisition 705, , , , A-2500 Management Board meetings 5, , , TITLE II - TOTAL 710, , , , , B-3120 RASA Experts meetings 16, , , , B-3233 Pre-accession programme B-3234 ENPI (European Neighbourhood programme) 115, , , , , , TITLE II - TOTAL 132, , , , , , GRAND TOTAL 894, , , , , , Fund Source : C5 Appropriations Budget line B-3234 Official Budget Item Description Appropriation (1) Executed (2) Credit Not Used (1-2) Payment Appropriation (3) Executed Payment (4) ENPI (European Neighbourhood programme) 31, , , , TITLE III - TOTAL 31, , , , R A L (2-4) Fund Source : R0 Appropriations Budget line Official Budget Item Description Appropriation (1) Executed (2) Credit Not Used (1-2) Payment Appropriation (3) Executed Payment (4) B-3233 Pre-accession programme 600, , , , , , R A L (2-4) TITLE III - TOTAL 600, , , , , , European Food Safety Authority Annual Accounts

38 Fund Source : C8 Appropriations Non-Differentiated Appropriations - Title I Budget line Official Budget Item Description Appropriation (1) Executed (2) Payment Appropriation (3) Executed Payment (4) Credit Not Used (1-4) A-1113 Stagiaires A-1171 Translation and interpretation 1, , , A-1175 Interim services 90, , , , , A-1176 Consultancy 413, , , , , A-1177 Other services 12, , , , A-1180 Miscellaneous expenditure on recruitment 44, , , , , A-1183 Removal expenses 42, , , , , A-1300 Missions and travel expenses 12, , , , , A-1301 Shuttles for missions and duty A-1400 Restaurants, meals and canteens 3, , , , A-1410 Medical service 62, , , , , A-1420 Further training, language courses and retraining A-1520 Visiting experts, National Experts on Detachment 350, , , , , , , , , , A-1610 Social contacts betw een staff 4, , , , A-1630 Early Childhood Centre, crèches and EU school 1,039, ,039, ,039, ,039, A-1640 Complementary aid for the handicapped 2, , , TITLE I - TOTAL 2,084, ,828, ,084, ,828, , European Food Safety Authority Annual Accounts

39 Fund Source : C8 Appropriations Non-Differentiated Appropriations - Title II Budget line Official Budget Item Description Appropriation (1) Executed (2) Payment Appropriation (3) Executed Payment (4) Credit Not Used (1-4) A-2010 Insurance 2, , , , A-2020 Water, gas, electricity and heating 137, , , , , A-2030 Maintenance 29, , , , A-2031 Cleaning 62, , , , A-2040 Refurbishment of premises Fitting-out 187, , , , A-2050 Security and surveillance of buildings 123, , , , , A-2080 Preliminary expenditure relating to construc 68, , , , A-2090 Other expenditure on building 48, , , , A-2100 Purchase / Maintenance of IT equipment 906, , , , A-2101 Purchase / Maintenance of softw are 16, , , , A-2103 Softw are development 409, , , , A-2104 User support 160, , , , A-2200 Technical equipment and installations 45, , , , A-2201 Hire or leasing of technical equipment and 85, , , , A-2210 Purchase of furniture 9, , , , A-2300 Stationery and office supplies 34, , , , A-2320 Bank charges A-2330 Legal expenses 45, , , , , A-2350 Miscellaneous insurance 1, , , , A-2390 Publications A-2400 Postal charges 8, , , , , A-2410 Telecommunications subscriptions and ch 253, , , , , A-2411 Purchase and installation of equipment 41, , , , A-2500 Management Board meetings 17, , , , , TITLE II - TOTAL 2,694, ,623, ,694, ,623, , European Food Safety Authority Annual Accounts

40 Fund Source : C8 Appropriations Non-Differentiated Appropriations - Title III Budget line Official Budget Item Description Appropriation (1) Executed (2) Payment Appropriation (3) Executed Payment (4) Credit Not Used (1-4) B-3020 REPRO Experts meetings 262, , , , , B-3120 RASA Experts meetings 96, , , , , B-3200 Scientific cooperation meetings and tools 6, , , , B-3220 SCISTRAT Experts meetings 27, , , , , B-3231 Stakeholders relationships 16, , , , , B-3234 ENPI (European Neighbourhood programme) 16, , , , B-3240 Crisis support 3, , , B-3310 Conferences & Outreach 238, , , , , B-3320 Quality Management and Strategy 61, , , , , B-3400 Web management 233, , , , , B-3410 Communications activities and materials 60, , , , , B-3420 Advisory Forum Communications Working g 72, , , , , B-3500 Operational IT Systems 1,619, ,609, ,619, ,609, , B-3511 Translation, Interpretation, Linguistic Proofreading 10, , , , , B-3512 Library 126, , , , , B-3513 Mission of staff related to operational duties 45, , , , , B-3514 Shuttles for experts and staff related to operational duties 82, , , , , TITLE III - TOTAL 2,979, ,796, ,979, ,796, , GRAND TOTAL 7,758, ,248, ,758, ,248, , The amount on B-3310 regards credits from previous year B-3530 (Conferences and Outreach). The amount on B-3320 of 61, euro is originated from previous year A-2501 (Quality Management and Strategy). The amount on B-3234 of 16, euro is originated from 2014 credits carry forward from contract with DG NEAR 2011/ Fund Source : C8 Appropriations - Differentiated Appropriations Title III Budget line Official Budget Item Description Appropriation (1) Executed (2) Credit Not Used (1-2) Executed Payment (3) RAL (2-3) B-3010 REPRO Grants & Procurement 2,982, ,934, , ,857, ,076, B-3110 RASA Grants & Procurement 7,590, ,335, , ,304, ,031, B-3201 Focal Point and Grant Agreements 310, , , B-3210 SCISTRAT Grants & Procurement 1,527, ,527, , ,091, TITLE III - TOTAL 12,410, ,108, , ,908, ,199, European Food Safety Authority Annual Accounts

41 BUDGET TRANSFERS Initial Budget versus Final Budget s Appropriations Payments Appropriations Budget Line Official Budget Item Description Initial Appropriation - CA Transfers Amendement Final Appropriation - CA Initial Payment Appropriation - PA Transfers Amendement Final Payment Appropriation - PA TITLE I A-1100 Basic salary 21,974, , ,858, ,974, , ,858, A-1101 Family allowance 2,961, , ,922, ,961, , ,922, A-1102 Transfer and expatriation allowance 2,479, , ,389, ,479, , ,389, A-1103 Secretarial allowance 15, , , , , , A-1113 Stagiaires 330, , , , , , A-1115 Contract staff 5,327, , ,626, ,327, , ,626, A-1130 Insurance against sickness 770, , , , , , A-1131 Insurance against accidents and occupati 113, , , , A-1132 Unemployment insurance for temporary st 278, , , , , , A-1140 Birth and death allowance 5, , , , , , A-1141 Annual leave traveling expenses 306, , , , , , A-1147 Call on duties 70, , , , , , A-1149 Other allowances and repayments 62, , , , A-1171 Translation and interpretation 120, , , , , , A-1172 Payment for administrative assistance from 250, , , , A-1175 Interim services 672, , , , , , A-1176 Consultancy 550, , , , , , A-1177 Other services 360, , , , , , A-1180 Miscellaneous expenditure on recruitment 100, , , , , , A-1181 Travel expenses (including for members of 10, , , , , , A-1182 Installation, resettlement and transfer allow 215, , , , , , A-1183 Removal expenses 100, , , , , , A-1184 Temporary daily subsistence allowance 67, , , , , , A-1190 Salary weightings 1,124, ,123, ,124, ,123, A-1300 Missions and travel expenses 135, , , , , , A-1301 Shuttles for missions and duty 65, , , , , , A-1400 Restaurants, meals and canteens 58, , , , , , A-1410 Medical service 240, , , , , , A-1420 Further training, language courses and ret 900, , , , , , A-1520 Visiting experts, National Experts on Deta 912, , , , , , A-1610 Social contacts between staff 50, , , , , , A-1630 Early Childhood Centre, crèches and EU s 1,031, , ,034, ,031, , ,034, A-1640 Complementary aid for the handicapped 15, , , , , , A-1700 Reception and entertainment expenses 5, , , , , , TITLE I - TOTAL 41,669, ,208, ,460, ,669, ,208, ,460, TITLE II A-2000 Rent , , , , A-2001 Acquisition 2,075, ,533, , ,691, ,075, ,533, , ,691, A-2010 Insurance 49, , , , , , A-2020 Water, gas, electricity and heating 690, , , , , , A-2030 Maintenance 407, , , , , , A-2031 Cleaning 313, , , , , , A-2040 Refurbishment of premises Fitting-out 613, , , , , , A-2050 Security and surveillance of buildings 686, , , , , , A-2080 Preliminary expenditure relating to constru 190, , , , , , A-2090 Other expenditure on building 778, , , , , , A-2100 Purchase / Maintenance of IT equipment 610, , , , , , A-2101 Purchase / Maintenance of software 370, , , , , , A-2103 Software development 1,240, , ,569, ,240, , ,569, A-2104 User support 605, , , , , , A-2200 Technical equipment and installations 55, , , , , , A-2210 Purchase of furniture 52, , , , A-2300 Stationery and office supplies 147, , , , , , A-2320 Bank charges 2, , , , A-2330 Legal expenses 93, , , , , , A-2350 Miscellaneous insurance 10, , , , A-2353 Removals and associated handling 5, , , , A-2390 Publications 12, , , , , , A-2400 Postal charges 49, , , , , , A-2410 Telecommunications subscriptions and c 219, , , , , , A-2411 Purchase and installation of equipment 173, , , , , , A-2500 Management Board meetings 110, , , , , , TITLE II - TOTAL 9,553, ,208, , ,844, ,553, ,208, , ,844, European Food Safety Authority Annual Accounts

42 s Appropriations Payments Appropriations Budget Line Official Budget Item Description Initial Appropriation - CA Transfers Amendement Final Appropriation - CA Initial Payment Appropriation - PA Transfers Amendement Final Payment Appropriation - PA TITLE III B-3010* REPRO Grants & Procurement 1,665, , ,291, ,962, , ,132, B3-020 REPRO Experts meetings 4,580, , ,556, ,580, , ,556, B-3110* RASA Grants & Procurement 4,604, , ,247, ,278, ,067, ,345, B-3120 RASA Experts meetings 3,042, , ,607, ,042, , ,607, B-3200 Scientific cooperation meetings and tools 238, , , , , , B-3201* Focal Point and Grant Agreements 2,020, , ,391, ,501, , ,334, B-3210* SCISTRAT Grants & Procurement 765, , , , , , B-3220 SCISTRAT Experts meetings 880, , , , , , B-3240 Crisis support 10, , , , , , B-3310 Conferences & Outreach 1,028, , ,177, ,028, , ,177, B-3320 Quality Management and Strategy 270, , , , , , B-3321 Operational Development & Control 382, , , , , , B-3400 Web management 405, , , , , , B-3410 Communications activities and materials 200, , , , , , B-3420 Advisory Forum Communications Working 367, , , , , , B-3500 Operational IT Systems 5,484, , ,839, ,484, , ,839, B-3511 Translation, Interpretation, Linguistic Proo 150, , , , , , B-3512 Library 449, , , , B-3513 Mission of staff related to operational dutie 795, , , , , , B-3514 Shuttles for experts and staff related to op 1,020, ,020, ,020, ,020, TITLE III - TOTAL 28,354, ,354, ,810, ,810, GRAND TOTAL 79,576, , ,659, ,032, , ,115, European Food Safety Authority Annual Accounts

43 EFSA s ORGANISATIONAL CHART (Status December 2015) European Food Safety Authority Annual Accounts