6.12.2017 |
EN |
Official Journal of the European Union |
C 417/207 |
REPORT
on the annual accounts of the Euratom Supply Agency for the financial year 2016, together with the Agency’s reply
(2017/C 417/33)
INTRODUCTION
1. |
The Euratom Supply Agency (hereinafter ‘the Agency’), located in Luxembourg, was created in 1958 (1). Council Decision 2008/114/EC, Euratom (2) replaced the preceding Statutes of the Agency. The Agency’s main task is to ensure a regular supply of nuclear materials, in particular nuclear fuels, to EU users, by means of a common supply policy based on the principle of equal access to sources of supply. |
2. |
From 2008 up to and including 2011, the Agency did not receive a budget of its own to cover its operations. The Commission bore all costs incurred by the Agency when implementing its activities. As from 2012, the Agency was granted its own budget by the Commission, however this only covers a minor part of its expenditure. |
3. |
The table presents key figures for the Agency (3). Table Key figures for the Agency
|
INFORMATION IN SUPPORT OF THE STATEMENT OF ASSURANCE
4. |
The audit approach taken by the Court comprises analytical audit procedures, direct testing of transactions and an assessment of key controls of the Agency’s supervisory and control systems. This is supplemented by evidence provided by the work of other auditors (where relevant) and an analysis of management representations. |
OPINION
Reliability of the accounts Opinion on the reliability of the accounts
Legality and regularity of the transactions underlying the accounts Revenue Opinion on the legality and regularity of revenue underlying the accounts
Payments Opinion on the legality and regularity of payments underlying the accounts
Responsibilities of management and those charged with governance
Auditor’s responsibilities for the audit of the accounts and underlying transactions
|
FOLLOW-UP OF PREVIOUS YEARS’ COMMENTS
16. |
An overview of the corrective actions taken in response to the Court’s comments from previous years is provided in the Annex. |
This Report was adopted by Chamber IV, headed by Mr Baudilio TOMÉ MUGURUZA, Member of the Court of Auditors, in Luxembourg at its meeting of 12 September 2017.
For the Court of Auditors
Klaus-Heiner LEHNE
President
(1) OJ 27, 6.12.1958, p. 534/58.
(2) OJ L 41, 15.2.2008, p. 15.
(3) More information on the Agency’s competences and activities is available on its website: http://ec.europa.eu/euratom/index.html
(4) Staff includes officials, temporary and contract staff and seconded national experts.
Source: data provided by the Agency.
(5) The financial statements comprise the balance sheet, the statement of financial performance, the cash flow statement, the statement of changes in net assets and a summary of significant accounting policies and other explanatory notes.
(6) The reports on implementation of the budget comprise the reports which aggregate all budgetary operations and the explanatory notes.
ANNEX
Follow-up of previous years’ comments
Year |
Court's comment |
Status of corrective action (Completed/Ongoing/Outstanding/N/A) |
2015 |
The level of carry-overs of committed appropriations is high for Title II with 41 482 euro, i.e. 50,5 % (2014:8 970 euro, i.e. 14,9 %). They mainly relate to the purchase of IT hardware (servers and laptops) ordered in December 2015 and to IT consulting services which go beyond the calendar year. |
N/A |
THE AGENCY’S REPLY
The Agency has taken note of the Court’s report.