Financial Matters Ferdinand HAHN. Content Cost to completion (exceptional MOF 2014/15) MOF in 2013 (Budget – Contributions - Expenses) MOF in 2014 (Budget.

Slides:

Advertisements

Similar presentations

BUDGETING Training Unit 13.1 Principles for budgeting construction and implementation.

Advertisements

18-0 The Cash Budget 18.4 Forecast of cash inflows and outflows over the next short-term planning period Primary tool in short-term financial planning.

Cash Budget Forecast of cash inflows and outflows over the next short-term planning period Primary tool in short-term financial planning Helps determine.

CLOUD Financial Review Committee meeting #3 1 October 2014 Financial plan for 2014 and beyond 1 Oct 2014, indico: rd FRC meeting, Antti Onnela,

RPC M&OB status Pigi Paolucci. Summary 2010 Cash Contributions foreseen CHF 2010 Expenditures (2009 carry over) CHF Present Income Balance.

COMMUNITY ASSOCIATION BUDGETING DeLeon & Stang, CPAs and Advisors Allen P. DeLeon, CPA Janet Gorden, CPA LUNCH-N-LEARN.

ALICE © | RRB | 17 April 2013 | Catherine Decosse 24 th meeting of the ALICE Resources Review Board CERN-RRB

INSTITUTIONAL MODELS FOR SCF PROGRAMMES IMPLEMENATION IN MEMBER STATES Viktoras Sirvydis, Lithuania CPMA.

2006 Cash Flow Statement Sources of cash: Beginning cash balance Cash receipts from product sales Other sources of cash Total sources of cash Uses of cash:

Large Scale Projects Aleksejs Šaforostovs LSP Project Manager Joint Technical Secretariat.

© Thomson/South-WesternSlideCHAPTER 241 BUDGETING, SAVING, AND INVESTING MONEY 24.1Budgeting Money 24.2Saving Money 24.3Investing Money Chapter 24.

CLOUD Financial Review Committee meeting #1 Financial plan for 2012 and beyond Proposal for cost sharing between CLOUD institutes for approval by the FRC.

12 Dec 2005 J. Schukraft1 ALICE USA ALICE position towards US participation EU participation in emcal Requirements Formal steps & schedule.

Status of Contributions, Draft Budget Request for 2010 and Outlook for 2011 Martyn Davenport 21 th September 2010 CAST FRC-D

WelcomeInformationProcessYour Role Sit Back – Relax – Ask Questions – Get Info – ACT! A Guide To Your Distribution Options.

23 October 2001 RRB-131 Draft Budget for CMS M&O and C&I in 2002 Draft Budget for CMS Maintenance & Operation and Commissioning & Integration in the Year.

19/9/2001Plenary RRB October 22, 2001 DS 1 Status Report of the M&O Scrutiny Group  Evolution of M&O Estimates  Scrutiny Group Mandate  Scrutiny Group.

Financial Matters Ferdinand HAHN. Content Short Reminder: Definition of Maintenance and Operation Fund (MOF) in the MoU MOF in 2011 (Budget – Contributions.

Academic Managers Meeting Review of FRET Policy September 27, 2012.

G. Martellotti1CSN1 14 / 10 / 2002 LHCb Category A M&O status for 2002 and estimate for 2003 Report on Common Fund and CORE expenses for RRB Ott.

Heads & Managers Forum Finance 1 December Road Travelled Ireland v Selected Other European Countries 2 Evolution Public Funding Country/System 2008.

Status of ATLAS Resources Presentation to RRB Markus Nordberg ATLAS Resources Coordination CERN-RRB

Project Managers Report CM40 Collaboration Board – Rome Roy Preece 28 th October 2014.

Chapter # 19: Sales Mix Considerations Margin of Safety Operating Leverage Cost-Volume-Profit Analysis Business Applications of CVP Additional Considerations.

Review of the operation scenarios and required manning of the activities P. Schnizer and L. Serio.

EXTERNAL AUDIT OF MUNICIPALITIES IN DIFFERENT EUROSAI COUNTRIES Edita Remizovienė, Adviser Audit Department 3 7 October 2015.

Pigi Paolucci & Anna Colaleo – RPC project 2012 RPC M&OB scrutiny Anna Colaleo (INFN-Bari) RM Pierluigi Paolucci (INFN-NA) PM 1.

RRB scrutiny Report: Muons. Internal scrutiny group for RRB report Internal scrutiny group composition – J. Shank, G. Mikenberg, F. Taylor, H. Kroha,

1 Costs to Completion Common funds &Running Costs Support for Running OPERA Funding Issues L. Votano Resource Coordinator OPERA Funding Agencies meeting.

NA62 Organisation of the work - proposal 2/24/20161PD/DT/PO-MH.

Country EPS-12 Total (with ICPS) Hungary7979 Germany5559 Romania3841 Ukraine2527 United Kingdom1930 Finland1842 France1616 Italy1616 Poland1313 Switzerland1314.

Most Common Fund spending now goes on infrastructure. In the course of next year, essentially all the remaining funds will be spent on finishing the sub-detectors.

Status of Contributions, Draft Budget Request for 2005 and Outlook for the Longer Term Future Martyn Davenport 8 TH October 2004 CAST FRC-D

Making a Budget Independent Living October 27, 2015.

Service Agreements Emmanuel Tsesmelis CERN / TS-LEA RRB Scrutiny Group 31 August 2006.

London Life Young Leaders United Way of London & Middlesex Financial Reports & the Board of Directors by Angela Byrne CPA CMA October 3, 2015.

Financial Matters Ferdinand HAHN. Content MOF in 2014 (book closing) MOF in 2015 (current situation) MOF Budget Request for 2016 and Outlook Subsystem.

Organizing the document flow and the business day in the automated system of the Federal Treasury Deputy Head of the Federal Treasury Office For Vladimir.

CERN GS Department CH-1211 Genève 23 Switzerland cern.ch/gs-dep Internet Services GS AIS General Services Department GS Advanced Information Services EVM.

M O N T E N E G R O Negotiating Team for the Accession of Montenegro to the European Union Working Group for Chapter 17– Economic and Monetary Policy Bilateral.

Status of ATLAS Resources Presentation to RRB Markus Nordberg ATLAS Resources Coordination CERN-RRB

Collaboration Board 27/09/ Next RRB in October - Core and Common Funds in Projected M&O Cat. A budgets for the coming years - Received funds.

Financial Matters Ferdinand HAHN 08/04/ Content Definition of Common Fund (MOF) in MoU MOF in 2010 (Budget – Contributions -Expenses) MOF in 2011.

Completion and Pre-Exploitation Costs for the Initial ATLAS Detector

Purchasing supplies at CERN

Financing of LHC projects and CMS

Martyn Davenport 2nd December 2005

NA62 Finance Review Committee CERN-FRC November 2016

30th meeting of the ALICE RRB C. Decosse

4th FRC meeting, Antti Onnela, CERN-PH-DT

ALICE Resources Review Board CERN-RRB April 2017

COMPASS Finance Review Committee CERN-FRC November 2017

Status of ATLAS Resources

Financial Status and proposed Budget for 2018

Financial Status and proposed Budget for 2019

Workstream 5: Governance Financial overview for Year 5

Insurance and pensions funds

ESF FINANCIAL EXECUTION ESF Technical Working Group Meeting June 2018

ESF FINANCIAL EXECUTION ESF Technical Working Group Meeting June 2018

TREASURY REPORT Budapest October 2018 Wolfgang Luxenberger Austria 1 1

Generation and allocation of income accounts

ESF FINANCIAL EXECUTION ESF Technical Working Group Meeting June 2018

Insurance and pensions funds

CMS Resources Review Board CERN-RRB October 2018

CMS Resources Review Board CERN-RRB April 2019

ATLAS Resources Review Board CERN-RRB April 2019

East Hall under construction

Process of Developing Project Cash Flows

Agenda FYE June 30, 2020 Operating Budget

Agenda FYE June 30, 2020 Operating Budget

Presentation transcript:

Financial Matters Ferdinand HAHN

Content Cost to completion (exceptional MOF 2014/15) MOF in 2013 (Budget – Contributions - Expenses) MOF in 2014 (Budget – Contributions- Expenses) – Annual MOF 2014 – Exceptional MOF 2014 MOF Budget Request for 2015 Sub-system Maintenance Cost MOF Budget Code T /11/ F. Hahn2NA62 - FRC 4th Meeting

Last year, NA62 asked for an exceptional MOF contribution (463 kCHF ). This extra money has enabled us to complete and install the baseline detector in good conditions 18/11/ F. HahnNA62 - FRC 4th Meeting3 Thanks Cost to Completion

Definition of the MOF in the MoU Institute2013 Add Add Belgium6% Bulgaria4% Canada4% ? CERN20% Czech Rep.2% Germany10% Italy32% Mexico2% Russia / INR+IHEP6% Russia / JINR6% Romania3% Slovakia2% UK10% US4% TOTAL104%107% 18/11/ F. Hahn4 Nota Bene: The 100% sealing at 500 kCHF per year. Sharing of Contributions NA62 - FRC 4th Meeting

Definition of the MOF in the MoU A partial list of the main items payable from the MOF include: Detector related cost: – Magnet – Gas – Cooling – Safety – Technical Support – LKR Cryogenic Controls – DCS Support Secretariat Computing – Tier 0 services – Maintenance – Licenses – System Management General Services – Cooling, Ventilation, Distribution – Transport – Survey 18/11/ F. Hahn5NA62 - FRC 4th Meeting MOF Budget Code T145400

MOF income and expenditure in 2013

MOF Contributions in /11/ F. Hahn7NA62 - FRC 4th Meeting *In-kind contribution Institute%ContributionReceivedBalance Belgium6%30 0 Bulgaria4% CERN20%100 0 Czech Rep.2%10 0 Germany10%50 0 Italy32%160 0 Mexico2% Russia IHEP + INR6%3030 *0 Russia JINR6%30 0 Slowakia2%10 0 UK10%50 0 US4%20 0 Total104%

18/11/ F. HahnNA62 - FRC 4th Meeting8 Active kCHF Passive kCHF Carry over MOF cash contributions460 Consumables43DSS Reimbursement15 Detector Related Cost DCS72 Detector Installation + Infra.103 Magnet9 LKR cryo41 Safety + Glimos89 General Services (EPOOL, Contracts..) 24 Admin. (secretariat, phones…)7 Overspent38 Total513 Total513 MOF Cash Balance in 2013 In addition ~450 kCHF open commitments at the end of 2013

MOF income and expenditure in 2014

MOF Contributions in /11/ F. Hahn10NA62 - FRC 4th Meeting In-kind contribution new

Exceptional MOF Contributions 18/11/ F. Hahn11NA62 - FRC 4th Meeting to be paid over 2 years ( ) In-kind contribution

MOF Payments /11/ F. Hahn12 Until end October 2014 / including open commitments NA62 - FRC 4th Meeting Present balance ≈ -470 kCHF (including open commitements)

Exceptional MOF 2014/15 18/11/ F. Hahn13NA62 - FRC 4th Meeting In-kind contribution Outstanding contributions

Budget Request for /11/ F. HahnNA62 - FRC 4th Meeting 14 for approval Note: 500kCHF  100%

Assumptions: – No re-submission of TDCpix – use 6 detectors per year – cost 115kCHF/y (without contingency) Sharing: INFN/CERN/UCL ≡ 45%/45%/10% Fabrication of detectors must be grouped to organize the process efficiently. 18/11/ F. HahnNA62 - FRC 4th Meeting15 GTK Detector Cost Ask for an additional Team account to separate sub-detector expenses from MOF

The MOF covers the common Operation and maintenance cost as specified in the MoU. The sub-system maintenance cost are generally low, but a small percentage of capital investment (≈ 2%) should be foreseen to maintain optimal performance of the detectors. 18/11/ F. HahnNA62 - FRC 4th Meeting16 Sub-System Specific Maintenance

Thank you for your attention 18/11/ F. HahnNA62 - FRC 4th Meeting17