RAPPORT AC 2009 12-07 en anglais 16 aout 10

A C C O U N T I N G
A G E N C Y
2009
R E P O R T
O F
T H E
A C C O U N T A N T
ON THE 2009 FINANCIAL STATEMENTS
-1-
Contents
Preamble ...........................................................................................................................................................3
PARTIE I :
I-
Results of technical and budgetary control.............................................................................4
The general income statement.................................................................................................. 5
II - The Fonds National de la Gestion Administrative..................................................................... 7
III - Budget implementation of the FNGA ...................................................................................... 17
IV - Administrative management of Acoss ..................................................................................... 19
V-
The branch's budgetary surpluses .......................................................................................... 31
VI- Acoss direct collections ........................................................................................................... 32
PART II: Balance sheet accounts....................................................................................................................43
I-
Asset accounts ........................................................................................................................ 46
II - Liability accounts ..................................................................................................................... 51
PART III: Cash flow transactions ...................................................................................................................57
I-
Accounting perspective of cash flow management................................................................. 58
II-
Branch cash flow: position of the current accounts................................................................. 61
III- Cash flow recorded in the CUDC account .............................................................................. 62
IV- Acoss financial instruments..................................................................................................... 73
V-
Interest distribution .................................................................................................................. 76
PART: IV The artist-author plan ......................................................................................................................78
Part V: Appendices ..........................................................................................................................................81
Appendix 1:
Tables 1 and 2
Calculation of the contribution of the national funds to FNGA.................................................... 83
Appendix 2:
Tables 3 and 4
Types of financial expenses and income and the breakdown
to national funds......................................................................................................................... 85
Table 5
Expenses charged to the national funds over 5 years................................................................ 87
Table 6
Table of management costs....................................................................................................... 88
Appendix 3:
Table 7
Acoss income............................................................................................................................. 89
Appendix 4:
Table 8
Artists-Authors ........................................................................................................................... 92
Appendix 5:
Table 9
Breakdown of the CSG by branch and partner .......................................................................... 93
Table 10
Breakdown of resources to the national funds ........................................................................... 94
Table 11
Employment measures: breakdown of collections ..................................................................... 95
Table 12 and 12 bis
Table of financial balance with general relief and TEPA law
with collections and income ....................................................................................................... 96
Appendix 6:
Table 13
Situation of State debt as of 31/12/2009 .................................................................................... 99
Glossary ........................................................................................................................................ 100
-2-
Preamble
The main purpose this report, which is not a complete study of the financial and accounting transactions
carried out during fiscal year 2009 and detailed in the financial statements, is to clarify the thoughts of the
Board of Directors on the special or important points concerning the accounting for the period and to analyse
the changes in the technical and budgetary control items as well as the results on the balance sheet
according, in particular, to the specific transactions observed during the course of 2009.
Since 1 January 2002, the financial statements of Acoss are produced using the rules set forth in the "Single
chart of accounts for Social Security bodies" (order no. 2001-859 of 19.9.2001).
In application of this text, the accounting of the Social Security bodies does not depart from the
measures defined by the general chart of accounts unless regulatory or legislative measures that are
specific to Social Security require otherwise.
The accounts are presented by "Gestion":
The "Fonds National de Gestion administrative" (Gestion G) that describes the financing of the
branch's operations and joint operations.
The administrative management of Acoss (Gestion GA) that tracks the expenses and results of the
Public Institution.
The management of collecting contributions "Gestion R" which encompasses the operations of
liquidating and collecting technical revenue collected directly by Acoss. Since 1 January 1996, this
management is carried out according to the principle of recognised rights. The latter tracks:
−
the contributions covered by the State,
−
tax revenue allocated totally or partially to Social Security,
−
income based in particular on the sale of alcoholic beverages and tobacco,
−
contributions from artist-author plans and from forms of worship collected by the approved
bodies (AGESSA, Maison des Artistes, CAVIMAC),
−
income from the general social contribution based on revenue concerning property, investment
income and on revenue from activity or income substitution benefits as well as income from
gambling establishments.
In application of order no. 2009-386 and no. 2009-387 of 7 April 2009 concerning the reform of the rules for
drawing up and closing out the financial statements of social security plans and bodies, the accounts of the
public institution are drawn up by the accountant, closed out by the director and then presented by the
director and the accountant to the Board of Directors for approval after having read the certification report
provided for in Article L.O.132.2.1 of the French Financial Jurisdiction Code.
-3-
PARTIE I :
Results of technical and
budgetary control
-4-
I-
The general income statement
The general income statement shows the expenses and income related to all of the management areas, i.e.
those from:
the Public Institution (Administrative management),
the Fonds national de gestion administrative describing the financing of the branch (FNGA),
direct collection management.
Libellé
(In millions of euros: €M)
CHANGE
2008
2009 / 2008
2009
Administrative management expenses
1 198,73
1 144,81
4,71%
Administrative management revenue (excluding allowance
1 180,71
1 048,75
12,58%
Current management results
-18,02
-96,06
-81,24%
Financial expenses
112,65
0,00
Financial income
121,25
99,36
22,03%
Financial results
8,60
99,36
-91,34%
Extraordinary expenses
4,74
0,68
597,06%
Extraordinary income
5,01
0,19
2536,84%
Extraordinary results
0,27
-0,49
-155,10%
Technical management
0,00
Technical management expense (excluding income transfers)
0,00
0,40
Income transfers
53 453,82
55 186,51
-3,14%
Total technical expenses
53 453,82
55 186,91
-3,14%
Technical management income (excluding expense transfers)
53 453,82
55 186,51
-3,14%
0,00
0,40
53 453,82
55 186,91
-3,14%
-9,15
2,81
-425,62%
Expense transfers
Total technical income
Net income
ns
ns
ns
The cancellation of the result in gestion R implies, in 2009, in this management, a revenue transfer of
€53,453.82 million and an expense transfer of €0 million.
As such, only the results in administrative management and FNGA comprise the general results:
The allowance of €76.27 for FNGA (booked as expense) to the benefit of the administrative management of
Acoss (booked as income) was neutralised in the income statement all management consolidated.
This neutralisation has no effect on the current management income.
-5-
As for administrative management, the deficit results of 2009 for €-0.14 million corresponds to the
reversal on the income statement of the needs in financing generated in the capital transactions section.
Resources proper do not allow for full financing of the investment expense for fiscal 2009, the difference
is financed by the contribution of the Fonds National de Gestion Administrative.
The deficit of the FNGA (€-9.02) is financed through a reversal on the working capital. Indeed, the
excess capital allows this income to not be charged to the National Funds (CNAMTS, CNAF and
CNAVTS),
The financial result which changed from €99.36 million to €8.6 million shows a regression of 99.33%;
This is the result on one hand of the change in the method for calculating receivable and payable rates
applies to the general plan branches, the Order of 22/2/2010 sets in effect an average rate applied to the
daily balances and on the other hand of the degraded position of general plan income due to the
unfavourable economic context.
Expenses
Direct collections
FNGA
Public institution
Total
2009
2008
(In millions of euros: €M)
Change
Structure 2009
2009/2008
97,47%
-2,79%
2,38%
14,08%
0,15%
9,04%
100,00%
-2,43%
53 648,69
1 308,48
83,91
55 041,08
55 186,91
1 146,98
76,95
56 410,84
Income
Direct collections
FNGA
Public institution
Total
53 648,69
1 299,47
83,78
55 031,94
55 186,91
1 145,44
81,31
56 413,66
97,49%
2,36%
0,15%
100,00%
-2,79%
13,45%
3,04%
-2,45%
Result
Direct collections
FNGA
Public institution
Total
0,00
-9,01
-0,13
-9,14
0,00
-1,54
4,36
2,82
0,00%
98,58%
1,42%
100,00%
0,00%
485,06%
-102,98%
-424,11%
-6-
II - The Fonds National de la Gestion Administrative
Development of budgetary expenses and income
-7-
1-
FNGA expenses
1.1.
Operations
Operating expense for the FNGA is comprised of:
Allowances and grants to the bodies, URSSAF and CERTI as well as collection departments of the
CGSS and of the Caisse Maritime d’Allocations Familiales to which is added the expenses that are
common to all of the bodies in the branch. This represents 87.89% of the total of the operating
section in 2009 compared to 82.24% in 2008.
Compensation for operations carried out by bodies internal or external to Social Security and the
contribution to the operation of inter-branch or inter-plan bodies which represent 5.74% of the
operating section in 2009 compared to 7.86% in 2008.
Financing for the investment and operating expenses of the administrative departments of Acoss
which represent, in 2009, 6.37% of the operating section compared to 5.90% in 2008.
Operating structure in 2009
Allowances and grants
Joint operations
5,74%
Financing for ACOSS expenses
6,37%
Operating structure in 2009
5,74%
87,89%
6,37%
z
87,89%
Allowances and grants
Joint operations
Financing for ACOSS expenses
-8-
Table of changes in the total operating expenses of the FNGA
(In millions of euros)
Total operating
expenses
2004
2005
1 041,10
1 090,93
2006
2007
2008
2009
CHANGE
2009/ 2008
1 091,04 1 128,16 1 148,13 1 196,74
4,23%
The expenses listed in the operating section of the FNGA grew 4.23% between 2008 and 2009.
This increase which is higher than that observed between 2007 and 2008 (+1.77%) is the result:
Of the increase (4.89% in 2009 compared to 0.82% in 2008) in the expenses corresponding to the
collection branch, which is explained hereinafter.
Of the 2.57% increase (compared to 5.43% in 2008) in expenses supported by the Fonds National de
Gestion Administrative concerning the bodies that are common to the branches of the General Plan as
with the mandatory plans of the Social Security.
These two increases are lessened by a -2.78% drop compared to 2009 in the contribution corresponding to
the financing of the expenses of the Public Institution
a)
Shared allowances, grants and expenses of the bodies in the collection branch: €1051.82
million compared to €1002.75 million in 2008 which is an increase of €49.07 million (+4.89%)
The "Allowances" account (€1041.13 million) encompasses the means allocated, for their operation, to the
basic bodies and to the departments in charge of collections in the bodies concerning several branches.
These are balancing allowances that correspond to the difference between the total amount of booked
expenses and resources proper.
These resources proper are comprised in particular of:
management costs paid by the Administrations that organise Transportation and calculated according to
the amounts collected,
income from services rendered to other bodies,
income from interests on loans to personnel,
income from the disposal of assets as well as other extraordinary income of a low amount.
The operating allowances can be broken down as follows:
Allowances to URSSAF:
€887.28 million (which is +3.79%) compared to €854.84 million in 2008,
Allowances to CERTI:
€101.13 million (which is +9.04%) compared to €92.75 million in 2008,
Allowances to CGSS:
€52.73 million (which is +11.88%) compared to €47.13 million in 2008.
-9-
The participation of Acoss in financing the retirement benefits of the personnel in the Collections branch
stand at €8.71 million compared to €4.26 million in 2008, which is an increase of €4.45 million corresponding
st
to the end of the scheduled payments due to AGIRC at the end of the 1 half of 2009 in accordance with the
measures of the memorandum of understanding of 24/12/1992 concerning the integration of the social
security bodies into the ARRCO and AGIRC plans.
The national funds have at their expense the difference between the instalments called up by the
supplemental pension plans in order to guarantee the retirement benefits of the Social Security agents that
did not contribute to AGIRC and ARRCO before this integration and the contributions effectively collected for
this purpose.
Furthermore, fiscal 2009 has an expense to be paid in terms of the reimbursement to AGEPRET
(Association pour la Gestion des Préretraites des personnels des organismes du régime général) for an
amount of €1 million which is a decrease of -2.15 million (68.25%) compared to last year.
b)
Other operating expense: €144.92 million compared to €145.38 million in 2008, which is a
decrease of -€0.46 million (-0.32%)
This expense represents only 12.11% of the operating section of the FNGA.
This expense includes:
1. The contribution of FNGA in financing the operating and investment expense of Acoss of €76.27 million
(compared to €78.45 million in 2008) for which the change is commented on in the chapter on
Administrative Management.
2. The handling, for the funds in the general plan, of the operating expenses of the bodies that provide joint
missions for all of Social Security.
This entails, as last year, contributing to the financing:
of the artist-author plans (AGESSA, Maison des Artistes),
of the Ecole Nationale Supérieure de la Sécurité Sociale (EN3S),
of the Centre de Liaisons Européennes et Internationales de la Sécurité Sociale,
of the Mayotte social security fund,
of the "Modernisation des Données Sociales" and "Santé Protection Sociale" Public Interest Groups
(PIG).
The changes observed, which depend on the changes in the third parties involved, do not warrant any
particular remark.
3. The expense corresponding to the services rendered to the branch by other funds or by bodies in charge
of missions that are of interest to Social Security and to the General Plan. This stands at €38.48 million
compared to €36.05 million which is an increase of €2.43 million (6.74%) compared to 2008.
- 10 -
The table below shows these services rendered with their cost for 2009:
(In euros)
Serviceproviding
bodies
Expenses 2009
Expenses 2008
CNAVTS
1 858 861,00
1 681 677,00
4,83%
10,54%
Income declaration processing for the
self-employed
CNRSI
3 285 102,00
987 681,92
8,54%
232,61%
Operating fees for the Guichet Unique
for the spectacle occasionnel
UNEDIC
1 834 897,84
1 886 417,97
4,77%
-2,73%
Operating fees for legal disputes of
Social Security
CNAMTS
31 500 000,00
31 500 000,00
81,86%
0,00%
38 478 860,84
36 055 776,89
100,00%
Type of services rendered
DADS processing
TOTAL
Structure
2009
Change
2009/2008
Handling the operating expenses for the social jurisdictions represents the greatest portion of these
rendered services (81.86%).
The reimbursement to the Caisse Nationale Vieillesse for DAD processing fees has grown 4.66%.
The relations with CNAVTS stem from the Partnership Agreement signed on 10 April 1995 which
determines the particulars concerning this partnership (management committee) and the particulars
concerning its financing,
The services rendered by the CNRSI increased in 2009 by 232.61% due to an adjustment of €1.32
million corresponding to postage expense in 2009 for ISU calls.
1.2.
Capital expenditure
FNGA capital expenditure is comprised almost exclusively of the allocation to basic bodies of the advances
needed to acquire investments listed in the development plans.
Acoss is then reimbursed for these advances by the bodies (URSSAF, CERTI, CGSS, CRFPP) who pay
back their resources proper (income from depreciation, loan reimbursement, asset disposals that are not fully
depreciated).
The amount of advances granted increased by €0.67 million (+1.39%) compared to 2008 and can be broken
down into 3 sections in which the change is highly contrasted:
Advances granted to finance investment expenses of bodies (including CLEISS, the artist-author plan
and CSS of Mayotte) for the period: €0.16 million compared to €1.87 million in 2008 (-€1.71 thousand or
-91.44%); This change can be explained primarily by the decrease in the request for advances from
CLEISS which changed from €1.71 million in 2009 to €0.13 million in 2009;
- 11 -
Advances granted to basic bodies to finance investment expenses of the Unions Immobilières: €1.68
thousand compared to €0.32 in 2008 (+425%);
Advances scheduled in 2009 for investment transactions that were not able to be carried out during the
period. These advances, to be carried forward to 2010, stand at €26.49 million compared to €29.08
million in 2008, which is a decrease of €2.59 thousand (-8.90%).
The breakdown amongst these sections is as follows for fiscal 2009:
Structure:
Advances carried forward
Advances for the Unions Immobilières
(UIOSS)
Other Advances
54,18% (compared to 60.30% in 2008)
3,44% (compared to 0.66% in 2008)
42.38% (compared to 39.04% in 2008)
42,38%
54,18%
3,44%
Advances carried forward
Advances for Unions Imm obilières (UIOSS)
Other Advances
The table below shows the methods for granting advances for 2009 (benefitting bodies and totals):
Granting of advances
USE
ADVANCES FOR UNIONS
IMMOBILIERES
ADVANCES CARRIED
FORWARD
Other advances
TOTAL
URSSAF
CERTI
CGSS
CRFPP
in millions of euros (€M)
OTHERS
TOTAL
1,68
1,68
26,32
0,15
7,79
11,94
0,73
0,10
0,16
20,72
35,79
12,09
0,73
0,12
0,16
48,89
- 12 -
0,02
26,49
The table below shows the change according to total advances over the last 5 years:
2005
2006
2007
(In millions of euros €M)
CHANGE
2009
2009/2008
2008
ADVANCES URSSAF
27,14
21,67
32,51
19,79
35,79
80,85%
ADVANCES - CERTI
14,70
25,80
27,53
25,63
12,09
-52,83%
ADVANCES -CGSS
1,00
1,03
0,64
0,82
0,73
-10,98%
ADVANCES - OTHER
BODIES
0,56
0,59
0,55
1,98
0,28
-85,86%
TOTAL
43,40
49,09
61,23
48,22
48,89
1,39%
The "other bodies" section includes the advances to the Centre de Liaisons Européennes et Internationales
de Sécurité Sociale and to the CSS of Mayotte.
Slightly higher than 2008 (+€0.67 million, or +1.39%), the change in these advances is due to two opposite
trends::
-
an increase of €16 million (+80.85%) in advances granted to the URSSAF;
a decrease of -€13.54 million (-52.83%) in advances granted to CERTI and -€1.70 million (-86.86%)
for the "other bodies".
The amount of the advances carried forward of the URSSAF can be explained primarily by the needs for real
estate transaction financing of the URSSAF of St Brieuc, Drôme, Haut Rhin and Rhône. Indeed, €23.05
million in advances carried forward were granted to them.
2- FNGA income
2.1
Financing of the FNGA
The operating and investment sections of the Fonds National de Gestion Administrative are on the whole
balanced in income by a contribution financed by the three National Funds (CNAMTS, CNAF, CNAVTS), in
accordance with Article R 251-33 of the Social Security Code.
Since 1 January 1995, implementation date for Law no. 94-637 of 25 July 1994 relative to social security, the
contribution of the National Funds is subdivided into "illness" and "industrial accidents", "family", and "old
age" branches, so that the cash flow of each of the branches can incur this expense by charging it to their
current accounts opened in the Acoss books.
- 13 -
A ministerial order of 20 December 2001 redefined the methods for FNGA financing of the collections branch
via direct debit of the contributions of the branches on the contributions. The levy, carried out in the form of a
transfer transaction, is booked from an accounting standpoint via charging a non-budgetary expense
account.
The contribution that corresponds to the difference between the expense and income of FNGA concerning
collections is distributed by Acoss using a cost allocation base calculated using the resources allocated to
each branch in 2000 and set for 5 years by the order of 20 December 2001. This order stipulates in Article 5
that if there is no request for modifications concerning one of the national funds six months before the expiry
of the 5-year period to take account changes in resources, the cost allocation base is renewed for a period of
five years; since no request for modification was recorded in 2006, the cost allocation base therefore remains
the same.
The allocation base is as follows:
CNAMTS-illness
CNAMTS-AT
CNAVTS
CNAF
51%
4%
27%
18%
Tables 1 and 2 in Appendix 1 show, on the one hand, the calculation of the contribution of the branches to
cover the operating and investment expenses less the income of FNGA from Acoss, and on the other hand,
the distribution between the branches.
For 2009, the contributions of the National Funds, for a total amount of €1.055.30 million (€924.84 million in
2008), finance 77.74% (77.38% in 2008) of the administrative, management and investment costs of the
collection branch.
These are distributed and have changed as follows:
BODIES
C.N.A.M.T.S
inc.:
Illness
Indus. acc.
C.N.A.F.
C.N.A.V.T.S.
TOTAL
2005
2006
2007
2008
2009
CHANGE
2009-2008
527.76
509.47
522.76
508.66
580.42
14.11%
489.38
38.38
172.72
259.08
959.56
472.42
37.05
166.74
250.11
926.32
484.74
38.02
171.09
256.63
950.48
471.67
36.99
166.47
249.71
924.84
538.21
42.21
189.95
284.93
1 055.30
14.11%
14.11%
14.11%
14.11%
14.11%
The effective expense of the Branches includes:
Contributions of the national funds,
Interest expense or income within the framework of cash flow management
The latter were subject to a modification in the accounting basis in 2009 described in point 2.2
(see. Part III – IV)
- 14 -
This can be seen in the table below:
2009
2008
Interest
Interest
Total
Contributions charged to
Contributions charged to
expenses
Branches
Branches
CNAMTS
inc.:
Illness
Indus. acc.
C.N.A.F.
C.N.A.V.T.S.
TOTAL
Total
charges
Change
2009-2008
580,42
64,14
644,56
508,66
385,55
894,21
-27,92%
538,21
42,21
189,95
284,93
1 055,30
53,59
10,55
-12,95
52,99
104,18
591,79
52,76
177,00
337,92
1 159,48
471,67
36,99
166,47
249,71
924,84
367,23
18,32
-103,41
649,51
931,65
838,90
55,31
63,06
899,22
1 856,49
-29,46%
-4,61%
180,69%
-62,42%
-37,54%
Appendix 2 – Table 5 shows the changes since 2005.
2.2
Income in the operating section
Overall, income in the operating section is up €154.02 million, which is an increase of 13.45%.
This is comprised of:
18.79% in receipts proper (€244.16 million) which are up +10.95%.
81.21% in the contribution of the national funds (€1,055.30 million) which has gone up +14.11%.
REVENUE
Revenue proper
National Funds
TOTAL
2004
2005
2006
2007
2008
2009
2009/2008
155,91
134,2
154,13
181,8
220,6
244,16
10,68%
902,11
1 058,02
959,56
1 093,76
926,32
1 080,45
950,48
1 132,28
924,84
1 145,44
1 055,30
1 299,46
14,11%
13,45%
Resources proper are broken down as follows:
The amounts levied on the amounts collected for third parties (FSV, CADES, IRCEM, FAF, etc.) in
terms of management costs of the Collections branch or billed to third parties in terms of work
carried out for them (this is the case for example for management costs granted by the ANPE, which
became the Pôle emploi in December 2008, for Déclarations préalables à l’Embauche for which the
data is keyed by the URSSAF). The methods for calculating these contributions are defined either by
regulation or through agreements and change in parallel with the collections. They are, as a whole,
up 10.68% between 2008 and 2009 compared to 21.70% between 2007 and 2008.
- 15 -
Interest income which represents, in 2009, 49,66% of resources proper is up +€21.99 million
(+22.17%). This income is determined using the balance of the calculated interest, on a daily basis,
for each branch. The difference between the interest expense for the Acoss account and the amount
of the interest calculated on the daily balances of the branches forms revenue of the FNGA (see the
rd
3 part of this report),
A new accounting of the receivable and payable interest was initiated in 2009 in order to better
comply with the accounting principles. Until 31/12/2008, the income statement of the FNGA showed
a "net" amount in financial results as income (account 76), which came as a deduction to the
contributions owed by the national funds. This result reflected the difference between the net amount
of the receivable and payable interest already allocated to the branches and the interest invoiced by
the Caisse des Dépôts. In order to offset the operations in expenses and income, it was decided to
recognise a financial expense without impact to the budget, charged to the FNGA of
€112,643,757.66 and financial income of: €121,249,999.15 in 2009.
The net amount of interest in 2009 stands at €8.61 million which is 91.32% decrease compared to
the amount of €99.36 million in 2008.
2.3
Income in the investment section
Income in the investment section is comprised of the reimbursement to Acoss, each year, of a portion of the
advances granted to the URSSAF, CERTI and other bodies in order to carry out their investment
programme. This reimbursement corresponds to the resources proper of the basic bodies:
income from depreciation,
reimbursement of loans granted to personnel,
asset disposals that are not depreciated.
to which is added the reimbursement of the sums allocated as advanced carried forward and not used by the
bodies (difference between the planned cost of the transactions involved and their actual cost).
Income in the investment section is up €8.14 million (16.36%) compared to 2008.
The reimbursement of advances can be broken down, in 2009, as follows:
-
concerning advances carried forward: €0.29 million (compared to €0.12 million in 2008, or
+141.67%),
-
concerning advances for the financing of UIOSS investments: €2.11 million compared to €1.37
million in 2008 (+54.01%),
-
concerning the advances financing fixed assets of basic bodies: €48.97 million compared to €48.23
million in 2008 (+1.53%).
-
concerning the advance granted to the administrative management of ACOSS: €6.52 million.
- 16 -
III - Budget implementation of the FNGA
1- Changes in the budget in 2009
The 2009 budget implementation follows the steps of elaborating and signing by the Convention d’Objectifs
et de Gestion 2006-2009. Recall that the budget of the Collections branch forms Appendix 2 of the COG.
On 12 December 2008, the supervisory authorities explicitly approved the budget adopted by the ACOSS
Board of Directors on 28 November 2008.
Operating section:
Investment section:
€1,202.92
million
€38.46
million
€1,241.38
Total:
million
On 27 Mar 2009, the Board of Directors adopted an amending budget which became enforceable
subsequent to the letter from the Ministry of Labour, Social Relations and Solidarity on 03 April 2009.
This first amending budget made it possible to:
carry forward the unused credits in 2009,
make adjustments linked to the taking into account the actual rate of inflation for 2009 and the
revenue that was effectively booked in 2009,
perform credit transfers,
adjust the means of the common bodies,
integrate an update of the forecast for income from FNGA.
Operating section:
Investment section:
Total:
€1,244.91 million
€53.36 million
€1,298.27 million
A second amending budget was voted by the Board of Directors on 27 November 2009 in order to:
perform credit transfers between the limiting budgetary masses,
adjust the the means of the common bodies and the expenses of an evaluative nature,
update the forecast for income from FNGA
This budget, which became enforceable on 23 December 2009, is as follows:
Operating section:
Investment section:
Total:
€1,245.29 million
€53.86 million
€1,299.15 million
- 17 -
2- Unused credits
A comparison of the enforceable budget and the expenses of the FNGA in 2009 shows unused credits
amounting to €53.51 million, and can be broken down as follows:
€5.38 million for investments,
€48.13 million for the operating section.
This is a budget implementation of 95.88% compared to 93.70% in 2008.
Out of the unused credits in the operating section, €43.76 million corresponds to the surplus generated on
the allowances to the bodies in the branch:
Credits opened in terms of the budget:
- allowances paid to basic bodies:
€1,084.89
million
€1,041.13
million
€43.76
million
Chapter V covers the budgetary surpluses. The latter are calculated in relation to the implementation of the
expenses of the bodies, which differs from the surplus of €13.50 million generated on the allocations
mentioned on FNGA of ACOSS.
Indeed, the allowance paid to the bodies is the result of the difference between their expenses and their
income; it is a balancing allowance, while the surpluses of the basic bodies are calculated on the entire
amount of their expenses of a limiting nature, excluding the evaluative accounts. As such, the total
allowances differs from the total of expenses of a limiting nature of the bodies and total of the budget of
FNGA planned for the allowances differs from the total amount of the expense budgets of a limiting nature
notified to the bodies.
- 18 -
IV - Administrative management of Acoss
1- Table of changes in budgetary expenditure and revenue from 2008 to 2009
rd
The amounts come from the 3 part of the annual financial statements "budgetary framework". The
differences with the amounts on the balance are listed in the tables of correspondence presented in the
same section.
(In thousands fo euros: €K)
CHANGE 2009/2008
TYPE OF TRANSACTION
2009
Structure 2009
2008(1)
In K€
%
Operating revenue
Contribution of FNGA (755287)
76 272,40
78 446,68
-2 174,28
-2,77%
90,45%
2,55
10,95
-8,40
-76,71%
0,00%
Extraordinary Revenue (77)
5 011,56
197,69
4 813,87
2435,06%
5,94%
Other income (708+72+755+78+79)
2 492,57
2 655,54
-162,97
83 779,08
81 310,86
2 468,22
3,04%
99,35%
549,42
184,94
364,48
197,08%
0,65%
84 328,50
81 495,80
2 832,70
3,48%
100%
678,39
753,79
-75,40
-10,00%
0,80%
External charges (61+62)
28 953,70
25 838,18
3 115,52
12,06%
34,28%
Personnel Costs (64+631+632+633)
43 896,14
43 346,18
549,96
1,27%
51,97%
Allowances for depreciation (68)
4 382,49
4 546,00
-163,51
-3,60%
5,19%
Other operating liabilities (635+637+65+66)
1 808,13
1 969,54
-161,41
-8,20%
2,14%
Extraordinary expenses (67)
4 745,00
684,44
4 060,56
593,27%
5,62%
84 463,85
77 138,13
7 325,72
9,50%
100%
-135,35
4 357,67
465,70
894,54
-428,84
-47,94%
24,02%
0,00
0,00
0,00
0,00%
0,00%
1 297,14
7 150,64
-5 853,50
-81,86%
66,89%
176,33
266,00
-89,67
-33,71%
9,09%
C. Total uses
1 939,17
8 311,18
-6 372,01
-76,67%
100%
Self-financing capacity
8 147,60
3 473,63
4 673,97
134,56%
94,76%
450,88
479,88
-29,00
-6,04%
5,24%
D. Total resources
8 598,48
3 953,51
4 644,97
117,49%
100%
Results for the investment section
6 659,31
-4 357,67
Financial income (76)
Subtotal
Prior period adjustments
A. Total revenue
NS
2,96%
Operating expenses
Purchasing (60)
B. Total expenses
Results for the period
Capital use transaction
Intangible fixed assets (20)
Immobilised production in progress (232)
Tangible fixed assets (21)
Long-term investments (274-275)
Other resources
NS
(1) The amounts come from the "Framework 2: development of Acoss administrative management expenses (GA)" and "Framework 3: development of Acoss administrative
management revenue (GA)" pages 179 to 190 of the 2009 annual financial statements
- 19 -
2-
Administrative management costs
1.1. Operations
Structure of operating expenses in 2009
5,62%
%
2,14%
34,28%
5,19%
51,97%
Purchasing
External charges
Personnel costs
Allowance for depreciation
Extraordinary charges
Other operating expenses
The operating expenses for the administrative departments of the Central Agency stand at €84.463.85
thousand in 2009.
(In millions of euros: €M)
YEAR
Operating
expenses
2004
2005
2006
2007
2008
2009
2009/2008
57,65
58,81
60,24
69,48
77,14
84,46
9,49%
As a whole, operating costs grew 9.49% between 2008 and 2009, changing from €77.14 million in 2008 to
€84.46 million in 2009, compared to an increase of 11.02% between 2007 and 2008.
This increase in operating expenses primarily concerns personnel costs and external charges.
The changes in the main expense items is summarised in the following paragraphs.
a) Chapters 63 and 64 "Personnel costs (wages, social contributions and similar taxes or
contributions based on wages)" €43,896.14 thousand, which is +€549.96 thousand (+1.27%)
compared to 2008.
These expenses represent 51.97% of the costs of the operating section in 2009 compared to 56.19% in
2008.
This increase of 1.27%, lower than the two previous years (+4.45% in 2008 and +6.49% in 2007) is
nevertheless determining in the changes in the expenses of the Public Institution.
- 20 -
The table below shows the details on changes in payroll.
(In euros)
ACCOUNT
DESCRIPTION
641
Sal. CCN (exc. 641121. Private
law contracts)
641121
(Partiel)
6411121
2009
2008
Change 2009/2008
DIFFERENCE in
%
€
25 884 122,80
25 435 219,94
448 902,86
1,76%
Private law agents
911 336,20
1 071 352,54
-160 016,34
-14,94%
Fixed-length labour contracts
157 851,70
79 888,51
77 963,19
97,59%
26 953 310,70
26 586 460,99
366 849,71
1,38%
587 907,80
514 540,47
73 367,33
14,26%
10 955 342,71
10 688 597,25
266 745,46
2,50%
1 373 105,35
1 334 787,44
38 317,91
2,87%
15 438,14
13 895,04
1 543,10
11,11%
2 998 503,35
2 995 453,59
3 049,76
0,10%
42 547,95
6 766,23
35 781,72
528,83%
969 990,90
1 205 678,24
-235 687,34
-19,55%
43 896 146,90
43 346 179,25
549 967,65
1,27%
Total 641
642
Sal. on-loan civil servant
645
Social charges
647
Other social charges
648
Other personnel charges
631
Tax on wages
632
Tax charges on holiday pay
633
Other taxes on compensation
TOTAL
Up 1.76% in 2009, compensation for agents governed by the Convention Collective Nationale for personnel
of Social Security bodies represents 93.98% of the total wages paid compared to 93.85% in 2008.
64 Personnel costs: €39,885.10 thousand, which is +€746.82 thousand (+1.91%)
Wages
The influencing factors are as follows:
−
The 1.20% increase in the value of a point, effective 01/01/2009,
−
The measures linked to the GVT 2009 (Glissement Vieillissement Technicité): the granting of skill points
and promotions within the framework of the collective agreement, effective 1 January 2009, representing
an increase in payroll of €454.86 thousand in 2009 compared to €379.78 thousand in 2008.
−
an increase of €379.55 thousand (+180.71%) in the amounts paid for overtime hours and the repurchase
of days concerning the Arrangement and Work Time Reduction (ARTT) favoured by the measures of the
TEPA law..
−
The wages of agents under private law which decreased -14.94% corresponding to the movements of
personnel in this category of workers.
- 21 -
However, this overall increase conceals a slight drop in headcount, the latter changing from 529.03 paid FTE
on 31 December 2008 to 526.63 paid FTE on 31 December 2009.
The number of Fixed-Length Employment Contracts present at 31 December 2008 changed from 8 on 31
December 2008 to 3 on 31 December 2009 and from 17 to 7 for temps for these same dates.
Miscellaneous indemnities and advantages: €1,259.94 thousand, which is +€289.04 thousand
(29.77%)
This increase can be explained in particular, by an increase of 107.80%, which is +€163.92 thousand, in the
amounts paid in terms of the Time Savings Account and by the payment of the profit-sharing bonus which
has risen 45.13%, or +€103.52 thousand.
Compensation in lieu of notice and redundancies of €232.72 thousand, or €221.33 thousand
(1943.21%)
The payment of €232.72 thousand in redundancy indemnities linked to the recourse, for the first time at
ACOSS, to the conventional break resulting from law no. 2008-596 of 25 June 2008 "concerning the
modernisation of the labour market".
Compensation for civil servants: €587.91 thousand, which is +€73.37 thousand (+14.25%)
Wages of civil servants are also up subsequent to movements in this category of personnel in 2008 and
2009.
Social contributions: €10,955.34 thousand, which is +€266.75 thousand (+2.50%)
This change can be explained primarily by the employer participation for €241.64 thousand in the mandatory
mutual set up since 1 January 2009. To a lesser degree, the variation in the contributions for the public law
personnel and of the CET also contribute to this increase with a respective increase of €26.97 thousand and
€75.09 thousand.
631 to 633 "Taxes on compensation": €4,011.04 thousand, which is -€196.86 thousand (-4.68%)
This expense follows the increase in payroll. However, the decrease observed €196.860 thousand can be
explained by an adjustment in 2009 in the contribution for continuous vocational training and in terms of
training efforts, leaves for skills assessments and accreditation of prior learning (APL).
On the contrary; there is an increase in the tax expense for the time savings account and unused holiday
time recognised as charges to be paid +€35.78 thousand (+528.83%).
- 22 -
b) Other operating expense
Chapter 60 "Purchasing": €678.39 thousand, which is -€75.40 thousand (-10%)
This expense item varies considerably from one year to the next; these variations come from replenishment
according to what the departments need. The table below shows these variations from one year to the next.
(In thousands of euros: €K)
Year
2002
2003
2004
2005
2006
2007
2008
2009
Purchasing
972.00
871.79
850.03
481.19
367.86
1 409.28
753.79
678.39
Change N/N1
+182.77
-100.21
-21.76
-368.84
-113.33
1040.42
-656.18
-75.40
% Change N/N-1
+23.2%
-10.3%
-2.50%
-43.39%
-23.55%
+283.29%
-46.54%
-10%
After a substantial increase in energy expenses in 2008 (+99.1%), the latter decreased in 2009 by 7.65% (-€30.10 thousand) subsequent to the cancellation in April 2009 of the EDF subscriptions for
the Richard Lenoir building..
Another expense item decreased considerably: this is the miscellaneous supplies item which
decreased by -€51.35 thousand, or -74.38%.
Also note the savings on office equipment and furniture with a decrease of -€13.22 thousand (30.11%) and with IT supplies, in particular, printer cartridges with a decrease of €10.68 thousand.
Chapters 61/62 "Other external charges": €28,853.70 thousand, which is +€3,115.52 thousand
(+12.06%)
"External charges" include the various services rendered by third parties and represent 34.28% of the
operating expense compared to 33.50% in 2008.
61 "Outside services": €16,708.55 thousand, which is +€1,22.91 thousand (+7.20%)
The change in these expenses can be explained primarily by the increase in expenses for maintenance of
the Gaumont building, for the maintenance of IT equipment.
As such, expenses for "maintenance and repair on general installations" increased €31.08 thousand
(+57.40%) and the expenses written to the account GA 615683 "maintenance on IT fixed assets" increased
€755.37 thousand in particular subsequent to the start of the maintenance contract for the infrastructures
and the integrated solution to replace the infrastructure of the SNV2.
- 23 -
The expenses recognised in the account GA 617 "studies and research" increased €785.76 thousand
(+40.85%). This increase is comprised of a sharp increase in account GA 6178 "studies and research" of
+€627.49 thousand (+32.63%) and in account GA 6173 "IT studies and research" of +€158.26 thousand
(€0.5 thousand had been spent in 2008) resulting from an assistance in elaborating the information systems
guidelines as well as a contributor survey.
62 Other outside services: €12,245.15 thousand, which is -€1,992.62 thousand (+19.43%)
Despite a decrease in the "surveillance expenses" account (-€186,20 thousand, which is -25%) inherent to
the end of the services of the Richard Lenoir building, with the decrease of €329.41 thousand, which is 38.79%, of the "training" account (in 2008, a large amount was spent to train the Paris personnel on the IP
telephony technology set up in Montreuil), as well as a decrease of -€264.33 thousand, which is -99.65%, in
"transportation costs" (in 2008 substantial amounts were allocated for the transfer operations between the
Paris sites and the new site in Montreuil), all of the other outside services expenses had an increase
resulting from the following expenses:
Personnel outside the body €912.86 thousand (+73.65%):
This expense item recognises the recourse to temps and personnel on loan.
The increase primarily concerns the expenses for temps with a change of +€878.48 thousand, which is
+80.22% linked to the national contract for implementing the ISU.
Advertising, publications, public relations +€732.84 thousand, (+64.88%)
This increase can be explained primarily by the national communications campaign on the fight against fraud
for which ACOSS contributed for €987.87 thousand. However, there is a drop in the "catalogue and printed
matter" expenses of -€320.30 thousand, which is -36.99%.
Postage and telecommunication expenses +€565.68 thousand (+110.67%):
This increase can be explained by the increasing load of the network for transporting data and associated
services for the collections branch.
Fees +€72.09 thousand (+52.20%)
This expense item increased due to:
-
the participation of ACOSS on behalf of the collections branch in the procedures concerning medical
laboratories,
-
the designing of exams for recruiting inspectors,
- 24 -
Miscellaneous external charges +€132.13 thousand (+2.5%):
The change in this expense item can be explained by an increase in IT services for +€681.86 thousand,
which is 25.34%, linked to the increasing load of the data transport contract (file transfers, internet, intranet,
business applications) for the collections branch.
Chapters 635-637-65-66: "Other operating expenses": €1,808.13 thousand, which is -€113.83
thousand (5.82%)
These costs represent 2.15% in 2009 (compared to 2.55% in 2008 and 3.92% in 2007) of ACOSS' operating
expenses, which justifies grouping them together despite their heterogeneity.
635 and 637 "Other taxes" €212.05 thousand, which is +€29.17 thousand (+14%)
This increase can be explained by the opposite changes in accounts 635 and 637:
- The €3.57 thousand drop in account 635 comes from the absence of tax on non-household waste at
Montreuil (still due for Paris in 2008)..
- The €33.28 thousand increase in account 637 can be explained, as in 2008, by the contribution paid to the
Fund for the Insertion of the Handicapped in the Public Service (FIPHFP) to which ACOSS is subject to in
application of the Law no. 2005-12 of 11 February 2005 concerning equal opportunity. As Acoss does not
fully apply the conditions for exemption, it has been subjected to a progressive tax of +20% since 2005. The
payment of a lump-sum contribution for the employment of foreign workers, as well as the creation in 2009 of
a contribution linked to the payment of the profit-sharing bonus also contributes to this increase.
65 excluding 654 Other current management expenses: €1,593.68 thousand, which is €143.97 thousand (-8.29%)
This decrease in account 651 of -€155.55 thousand which is -63.72% can be explained by the end of the
maintenance, not the replacement in 2009, of the NOVASCALE configuration
67 Extraordinary charges: €4,745.00 thousand, which is +€4,060.56 thousand (+593.27%)
These are comprised in part of interest on arrears and penalties due within the framework of executing
Acoss public contracts, for €20.92 thousand in 2009 (compared to €421.74 thousand in 2008), and also
€4,720.36 thousand in the net book value for disposed fixed assets corresponding to the transfer of property
on 1 May 2009 of Acoss' former premises to SOVAFIM.
- 25 -
The drop in interest on arrears in 2009 can be explained primarily by a higher amount in 2008 that was
justified by the payment:
of the indemnities paid to the former landlords of Acoss for putting their premises back into condition;
of an indemnity paid to the holder of a contract cancelled by a court decision: this expense is of the
same amount as the income booked for reimbursing the payments made before the contract was
cancelled;
of an indemnity paid to a service provider subsequent to litigation on the execution of a contract;
of an indemnity paid to a service provider for the late cancellation of an order for the organisation of
a seminar.
681 Allowances for depreciation and provisions: €4,382.48 thousand, which is -€163 thousand (2.24%)
Allowances for depreciation of -€53.66 thousand and allowances for depreciation of -€109.86 thousand.
During fiscal year 2009, note in account 681518 a new provision for bad debts of €16.94 thousand
1.2.
Investments
Investment expense stands at €1,939.17 thousand in 2009 compared to €8,311.18 thousand in 2006 which
represents an overall increase of -€6,372.01 thousand (which is -76.67%).
Tangible fixed assets are comprised of technical installations, equipment and tooling, general installations,
plant and miscellaneous improvements, office furniture and equipment, and vehicles. Intangible fixed asset
acquisitions are down compared to 2008 by -€5,853.40 thousand. As such, they change from €7,150.64
thousand in 2008 to €1,297.14 thousand in 2009 and represent 66.89% of total investment in 2009. This
expense primarily concerns IT equipment (+€892.21 thousand).
This change can be explained primarily by the layout and refurbishing work for Montreuil carried out in 2008
for €4,975.49 thousand while in 2009, the expenses were €318.35 thousand for general installations, plant
and miscellaneous improvements,
Intangible fixed assets are mainly comprised of computer software. They decreased -€428.8 thousand
(which is -47.94%) for a total expense in 2009 of €465.70 thousand. This difference can be explained
primarily by the absence of booking of immobilise production (€463.48 thousand immobilised in 2008).
Long-term investments stand at €176.33 thousand and are comprised solely of loans granted to Acoss
personnel for the acquisition of their primary residence.
- 26 -
3- Administrative management income
1.3.
Operations
In 2009, operating income, excluding prior period adjustments, represents €83,779.08 thousand, and has
increased 3.04%. The contribution of the Fonds National de Gestion Administrative (€76,272.40 thousand)
alone represents 91.04% of its revenue.
The substantial changes concern the following items:
Sales and sales of services (70): €623.96 thousand
7081 "income from services operated in the interest of the personnel": €44.09 thousand
This account recognises the income generated from the booking of the income in kind generated by Acoss
granting loans to its personnel.
7084 "billed personnel made available": €579.86 thousand
This account is used to book the reimbursements of the wages of the Acoss personnel made available in
various ministries or public establishments.
The change in 2009 corresponds to the additional revenue (+€39.53 thousand) booked subsequent to the
movement of personnel made available over the period 2008 and 2009.
Immobilised production (72):
Acoss did not book any immobilised production in 2009.
Other current management revenue (75): €77,130.83 thousand
This item recorded in 2009 the contribution received from FNGA of ACOSS for €76,272.4 thousand
compared to €78,446.68 thousand in 2008, which is -€2,174.28 thousand (-2.77%).
In this item, Acoss is recognising income of €791.65 thousand for the rent paid by the Caisse d’Allocations
Familiales of Seine Saint-Denis (CAF 93) for the making available of offices in the "Le Gaumont III" building
in accordance with the article in the rental agreement signed on 29 June 2005 by Acoss and "La Mondiale"
and in reference to the letter from the "Ministry of Health, Family and the Handicapped" and from the
"Ministry of the Economy, Finance and Industry", dated 10 February 2004.
- 27 -
Extraordinary income (77): €5,011.56 thousand
This income is comprised primarily of the income from transferring the Richard Lenoir building, i.e.:
In accordance with the Order of 22 April 2009 concerning the transfer of property of a building, located in
th
Paris (11 arrondissement) 65 to 79 boulevard Richard Lenoir, to the Société de Valorisation Foncière et
Immobilière (SOVAFIM), all of the property and property rights of ACOSS, is transferred for a price of
€4,938.25 thousand and a supplement to this price determined in application of an agreement.
This agreement, signed on 7 April 2009, sets this additional price to 90% of the resale price of the real estate
transferred, less the sum of €4,938.25 thousand. This supplement is expected no later than 31 December of
the year of resale of the property mentioned hereinabove.
This extraordinary revenue is comprised of penalties billed to public market holders in the event contractual
clauses are not complied with (€56.11 thousand in 2009) and of miscellaneous management revenue
resulting from applying contractual clauses such as commercial discounts on turnover or reimbursement of
miscellaneous operators (€17.13 thousand).
Reversal on depreciation and provisions: €1,009.25 thousand
This revenue is comprised solely of reversals on provisions for salary measures booked in 2008.
Expense transfers (791) €0.93 thousand
This item in 2009 booked income of €0.9 thousand compared to €1.87 thousand in 2008.
This entails insurance reimbursements following theft of equipment.
1.4.
Investment
The resources proper of the investment section are mainly comprised of:
Allowances for depreciation booked as operating expenses for fiscal 2009: €3,419.97 thousand,
The reimbursement by Acoss employees of loans that were granted to them: €188.51 thousand,
The reimbursement of security deposits paid to various operators: €262.36 thousand,
Prior period adjustments: €7.27 thousand,
The net book value of disposed asset items: €4,720.36 thousand. This amount is comprised of leaving
the Richard Lenoir building subsequent to the transfer of property to SOVAFIM (Order of 22 April 2009
concerning the transfer of property of a building to SOVAFIM).
Which is a total amount of €8,598.48 thousand.
- 28 -
4- Administrative management income
The financial balance for Administrative Management was produced as followed for 2009.
The results of investment operations for the fiscal year show a surplus in income over the expenses of
€6,659,361.04:
Expenses for the period:
€1,939,167.55
Resources proper:
€8,598,483.59
This surplus was allocated, in part , to the reimbursement of the advance granted by FNGA and which was
recognised on the ACOSS balance sheet for an amount of €6,523,961.83 €.
After allocation, the balance of this surplus is €135,354.21. The calculation of the FNGA contribution in the
operating expenses of the public institution stands as such for fiscal 2009:
(In thousands of euros)
GA
EXPENSES
Prior period
adjustments *
REVENUE
RESULTS
Operating
84 463,85
549,42
83 779,08
-135,35
Investment
8 463,13
0,00
8 598,48
135,35
TOTAL
92 926,98
549,42
92 377,56
0,00
OBSERVATIONS
Prior period adjustments *: these are cancellations of charges to be paid booked at 31/12/2008
Amount of operating expenses
Prior period adjustments
Resources proper
Surplus in the investment section
€84,463,853.88
-€549,417.63
-€7,506,680.73
-€135,354.21
= FNGA Contribution
€76,272,401.31
- 29 -
5- Budget outturn
The total rate of budget implementation is 94.43% in 2009 compared to 92.21% in 2008 (87.70 in 2007). This
rate takes allowances for depreciation into account. The table below summarises the percentage of
implementation of credits for each category of expense:
(In euros)
SECTION
BUDGET
2009
CONSUMPTION
2009
Personnel costs (64+631+632+633) 45 094 178,00
% budget
% budget
implemen
DIFFERENCE implement
tation
ation 2009
2008
43 896 146,90
1 198 031,10
97,34%
97,07%
3 265 440,00
2 709 312,07
556 127,93
82,97%
69,90%
Transport costs and travel (624+625) 1 338 000,00
1 211 111,95
126 888,05
90,52%
86,99%
Advertising, information,
publications (623)
2 017 700,00
1 862 302,66
155 397,34
92,30%
94,41%
Other operating fees
27 462 043,00
25 657 490,56
1 804 552,44
93,43%
89,40%
extraordinary expenses
Subtotal
Depreciation
Total operating expenses (1)
IT fixed assets
5 050 703,00
84 228 064,00
5 154 000,00
89 382 064,00
1 406 355,00
4 745 003,16
80 081 367,30
4 382 486,58
84 463 853,88
1 357 913,26
305 699,84
4 146 696,70
771 513,42
4 918 210,12
48 441,74
93,95%
95,08%
85,03%
94,50%
96,56%
73,75%
92,93%
87,70%
92,61%
91,03%
0,00
0,00
0,00
#DIV/0!
0,00%
708 500,00
2 114 855,00
581 254,29
1 939 167,55
127 245,71
175 687,45
82,04%
91,69%
87,57%
88,63%
91 496 919,00
86 403 021,43
5 093 897,57
94,43%
92,21%
Studies (617)
Buildings
Other fixed assets
TOTAL INVESTMENT (2)
GRAND TOTAL (1+2)
Recall: negative operating income €135.35 thousand.
The operating budget implementation rate stands at 94.50%.
This can be explained by a better implementation of all of the sections except for the evaluative account for
allowances for depreciation and provisions which changed from 87.70% in 2008 to 85.03% in 2009.
The investment budget implementation rate is 91.69% in 2009 compared to 88.63% in 2008. This change
also contributes to the improvement in the overall implementation rate.
- 30 -
6- The branch's budgetary surpluses
To calculate the surplus, Acoss centralises the accounting results of the administrative management of the
local bodies and those of Acoss (latest centralised accounting and budgetary balance for the branch).
Unused credits stand in 2009 at €17.25 million.
The table below provides the details by major sums for the branch's surpluses:
Last budget
Actual 2009
Unused
FNGA 2009
credits
a
b
c=a-b
Payroll
Acoss
45,10
43,90
1,20
Local bodies
829,00
822,60
6,40
Agepret (G65581)
1
1
0
Total payroll
875,10
0,00
7,60
Other operating expense including PEI/OPIM
Acoss
34,20
31,50
2,70
Organismes locaux
216,90
213,80
3,10
Miscellaneous contributions
11,10
11,00
0,10
Other outside services
1,00
1,00
0,00
Total operating
263,20
0,00
5,90
Investments including PEI/OPIM (excl. immobilised production)
Acoss
2,11
1,94
0,17
Local bodies
48,82
45,24
3,58
Total investment
50,93
47,18
3,75
In €uros
Grand Total
1 189,23
- 31 -
47,18
17,25
7- Acoss direct collections
This part describes the transactions booked in 2009 concerning the technical revenue collected
directly by Acoss:
Changes in 2009,
Income from direct collections,
Collections for third parties,
Expenses from direct collections,
The result of the direct collection scope.
1-
Changes in 2009
Legislative or regulatory changes affecting direct collections management
The legislative and regulatory texts that had an impact on the 2009 financial statements are as follows:
- law no. 2008-1330 of 17 December 2008 on the financing of Social Security (LFSS) for 2009,
- amending law no. 2009-431 of 20 April 2009 on finances (LFR1) for 2009,
- amending law no. 2009-1674 of 30 December 2009 on finances (LFR2) for 2009
Details on all of the notable measures are provided hereinbelow.
Allocation of 0.2% of CSG FSV to CADES
Article 10 of the LFSS for 2009 modifies the distribution of the CSG between the beneficiaries, by decreasing
by 0.20 point the fraction allocated to FSV in order to allocate it to CADES. This new distribution between
beneficiaries applies to the amounts and compensation paid starting on 1 January 2009.
The transfer of FSV to CNAVTS of a fraction of the share of the 2% social charge on the revenue from
property and investment
Article 11 of the LFSS for 2009 modifies the distribution of the social charge between beneficiaries,
decreasing by 15 points the portion allocated to FSV (not centralised by Acoss) and by increasing the portion
allocated to CNAVTS by the same amount, which is now 30%.
- 32 -
The exemption in favour of employers of press carriers
Article 6 of the LFR for 2009 initiates an exemption in favour of employers of press carriers, which applies to
the wages paid to carriers or peddlers of press who are not registered in the trade and company registry or in
the trade registry; it is extended to sellers of free press that has information of a political or general nature
having a direct link with current affairs, this exemption applies to compensation paid starting on 23 April
2009.
The change in tax revenue compensating the general relief
Article 15 of the Law on Social Security Financing for 2009 confirms the suppression, in terms of tax revenue
allocated to Social Security, the consumption duties on alcohol and beer, as well as the consumption duty of
wine, benefitting an increase in the portion of the consumption duty on tobacco within the tax revenue
basket. This portion is extended from 10.26% to 37.95% of the total income from the consumption duty on
tobacco. In addition, amending law no. 2009-1674 on finances for 2009, in virtue of Article 6, indicates that a
portion of the "consumption duty on tobacco" revenue intended for general relief is transferred to the TEPA
system. This revenue is allocated for 31.91% to general relief, 3.99% to compensate TEPA exemptions and
2.05% for exemptions covered by the State budget.
Article 125 of the law on finances for 2009 also indicates that the portion of the consumption duty on tobacco
allocated to CNAMTS changes from 30% to 38.81%.
2-
Income from direct collections
Revenue from technical management corresponds to the specific income that social security bodies benefit
from in order to ensure their missions of national solidarity.
The main categories of revenue, written in the financing law, are social contributions, the contributions
covered by the State, the Contribution Sociale Généralisée, the allocated taxes, and the tax revenue for
financing certain measures for employment.
Income changed from €55,509.80 million in 2008 to €53,648.49 million in 2009, which is a regression of
€1,861.11 million (-3.35%). This decline is primarily due to the decrease in income from CSG and the
contributions covered by the State.
- 33 -
The table below shows the changes in income by chapter.
The analysis per chapter of the change in the main items allows the following observations to be made:
Chapter 7561 – This item represents in 2009 income of €1,165.10 million compared to €1,163.34
million in 2008, which is an increase of 0.15%.
This item is represented primarily by:
-
contributions of the self-employed,
-
contributions of IEGs,
-
contributions of non-active persons.
The contributions of the self-employed affiliated with AGESSA and MDA represent €72.38 million
which is 6.21% of this chapter, allocated to:
-
the illness branch for €20.50 million,
-
the family branch for €7.98 million,
-
the old-age branch for €43.90 million.
the contributions for the Industries Electrique et Gazière plan, centralised at Acoss since 2005,
amounting to €888.42 million representing 76.25% of the item.
- 34 -
The contributions of non-active persons represents €204.30 million and correspond to:
-
anticipated retirement for workers that are victims of asbestos (ACAA) for €7.81 million allocated to
the illness branch and €145.65 million to the old-age branch.
-
employer and employee contributions for public sector retirees (civil servants, retired workers of the
State) and retired agents of local governments for €50.84 million, fully allocated to the illness branch.
Chapter 7562 "Contributions paid for by the State":
The contributions paid for by the State stand at €3,374.85 million in 2009 compared to €4,003.56 million in
2008 which is a decrease of 15.70% due to the decrease in the "exemptions of contributions covered by the
State" item, and can be broken down into two types of coverage:
the contributions of prisoners paid by the services of the State for an amount of €75.21 million
the targeted contribution exemptions granted to companies for an amount of €3,299.64 million.
Chapter 7565 "Taxes: general social contribution": This item records €19,439.99 million in 2009,
compared to €21,190.15 million in 2008, which is -€1,750.16 million (-8.26%)
- 35 -
Revenue from CSG on revenue from activity or income substitution benefits paid back to Acoss by the
various Social Security plans are allocated to the Illness and Family branches, to FSV and CNSA and since
1 January 2009 to CADES, in light of the transfer of 0.2 point of the FSV to CADES.
As for the CSG on revenue from activity coming from the other plans (MSA, CAVIMAC, AGESSA, etc.), this
stands at €2,321.50 million compared to €2,175.90 million in 2008, which is a 6.69% change.
This increase is primarily due to the recognition of accrued assets from the agricultural plan, calculated more
precisely in 2009 and ACOSS was informed of this by CCMSA.
The CSG on income substitution benefits stands at €9,002.72 million compared to €8,803.35 million in 2008
showing an increase of 2.26%.
The CSG on revenue from property, and investments is collected by the financial administrations (customers,
taxes, Treasury department) paid back after centralisation by DGFIP (instruction no. 03-077-A1-P-R of
30/12/2003) on the Acoss account with CDC.
The income from CSG on the revenue from property and investment is allocated to the Illness and Family
branches, and stand at €7,672.47 million which is a decrease of 21.51% compared to 2008 which can be
attributed on the one hand to the contraction in the main components of the base, and on the other hand to
the disappearance of the liquidating effect observed in 2008 and finally to a drop in the yield from CSG on
these types of revenue.
-
drop in CSG on property and on financial capital gains,
-
downturn in real estate capital gains and dividends on revenue from investment.
Income from the CSG concerning gambling allocated to the illness and family branches stands at €443.30
million compared to €435.94 million in 2008 which is a 1.69% change.
Chapter 7566 "Allocated taxes": for €28,908.12 million in 2008, compared to €28,315.13 million in
2008, which is 2.09%; this represents 53.88% of the income booked in 2009.
Allocated taxes
2009
ITAF – financing general relief
Tax on wages (Art 231 of the CGI)
Consumption duty on alcohol (Art 403 of the CGI)
Duties on consumption of intermediate products (Art 402 bis of the CGI)
Consumption duty (wine, cider, perry (Art 438 of the CGI)
Duties on beer and non-alcoholic beverages (Art 520a of the CGI)
Gross VAT collected by wholesalers of pharmaceutical products
Gross VAT collected by tobacco suppliers
Tax on welfare contributions (Art. L 137 of the CSS)
Duties on tobacco consumption (Art 575 of the CGI)
Licence duties on tobacco retailers compensation (Art. 568 of the CGI)
ITAF – Financing Overtime hours/RTT repurchases
Tax on company vehicles (Art. 1010 of the CGI)
Social contribution on profits (Art. 235 of the CGI)
Gross VAT collected by alcoholic beverage suppliers
Duties on tobacco consumption (Art 575 of the CGI)
ITAF – Social Security Financing
Adjustment on contributions on car insurance premiums (Art. L 137-6 CSS)
Duties on tobacco consumption (Art 575-A of the CGI)
Tax on the premix
Additional contribution to C.S.S.S.
Employee contribution on the granting of free shares and stock options
Total allocated taxes
- 36 -
20 894,63
11 149,47
3 227,19
3 048,08
16,84
3 166,79
286,26
3 121,92
632,73
2 078,38
410,81
4 891,57
3 870,39
0,12
1 021,00
0,06
28 908,12
in millions of euros (€M)
Change
2008
2009 / 2008
21 279,95
-1,81%
11 310,43
-1,42%
1 669,72
NS
89,45
NS
99,01
NS
332,88
NS
3 136,41
2,89%
3 055,08
-0,23%
15,89
5,98%
1 293,51
144,82%
277,57
3,13%
3 060,49
2,01%
0,00
NS
986,12
-35,84%
2 074,37
0,19%
NS
3 974,69
23,07%
0,63
NS
2 993,74
29,28%
0,10
20,00%
980,22
4,16%
NS
28 315,13
2,09%
Most of this item is comprised of the tax income allocated for the compensation of the general relief for
€20,894.63 million and represents 72.28% of the item. Generally down by -1.81%, subsequent to the
modification of allocated revenue modified by the LFSS for 2009 and by the amending law on finances for
2009.
Substitution for the various ITAF (allocated taxes) concerning alcoholic beverages of an additional
fraction of the consumption duty on tobacco. (fraction of this duty changing from 10.26% to 35.95%,
finally brought to 31.91% by the LFR 2009).
The additional tax income allocated for the compensation concerning the exemptions on contributions on
overtime and supplemental hours (TEPA law no. 2007-1233 of 21/8/2007 which became effective on 1
October 2007) for a total amount of €3,121.92 million in 2009 compared to €3,060.49 in 2008, which is a
change of 2.01%. The revenue structure was modified by the LFR 2009.
Allocation of 3.99% of the consumption duty on tobacco products.
Other tax income can be broken down as follows:
Taxes on tobacco (Art. 575 of the general tax code), for €3,870.39 million,
The consumption duty on tobacco, paid to Acoss, is allocated not only to the compensations of the general
relief and overtime and supplemental hours, but also to the general financing of Social Security, which one
part allocated to CNAMTS for 38.81% compared to 30% in 2008 and another to FNAL for 1.48%.
Tax on the PREMIX (Art. L 245-7 of the CSS) for €0.12 million
The tax on PREMIX is allocated to CNAMTS. The amount of accrued assets (PAR) is sent by the budget
directorate to Acoss.
The additional contribution to the company solidarity social contribution (C3S) for €1,021.00 million
compared to €980.22 million in 2008 which is a change of 4.16%.
This contribution is collected by RSI, transferred to Acoss and allocated to CNAMTS.
The employee contribution on the granting of free shares and stock options for €0.06 million.
Article 13 of the LFSS 2008 initiated a contribution of 2.5% on free shares at the expense of the employee or
managing agent which is due for the year the securities are sold. This contribution is collected and controlled
like CSG on revenue from property. The allocation is done at the end of the year by Acoss to CNAMTS.
- 37 -
Chapter 7567 "Other allocated taxes": for €655.72 million compared to €414.33 million in 2008, i.e.
€241.39 million (+58.26%)
This is primarily comprised of the 2% social charge on the revenue from property and investment
(Art. L245.14 to 16 of the CSS), fully allocated to CNAVTS.
This change in the 2% social charge on revenue from property and investment allocated to the Old-Age
Branch is characterised by:
an increase of 40.13% for the social charge on the revenue from property, which is €85.89 million,
an increase of 77.63% for the 2% social charge on the revenue from investments, which is
€155.50 million
an increase in revenue due to the transfer of 15% of the share allocated to FSV benefitting CNAVTS
subsequent to the application of the LFSS for 2009 as well as taking into account the MODIFICATIONS
of declaration 2777 allowing for a correct attaching of revenue to the financial year
-€0.03 million for the tax allocated to financing the "guarantee clause" exemptions for various noncompensated plans
This revenue is collected by the financial administrations and then centralised and paid in full to Acoss via
the Public Treasury network, to Acoss' account at CDC.
Chapter 7574 "Contribution specific to public entities other than the State": for €107.91 million
compared to €103.22 million in 2008, which is 4.54%
The technical revenue is represented by the contribution solidarité autonomie (CSA) of 0.3% paid by the
other plans to the Caisse Nationale de Solidarité pour l’Autonomie created by the Law of 30 June 2004, set
up effective 1 July 2004. This chapter represents 0.20% of the income booked in 2007.
Chapter 7587 "Other technical revenue"
In terms of Article 14 of the Social Security Financing Law for 2008, the collection of the taxes on
pharmaceutical products is transferred on 1 July 2008 to the Urssaf designated according to criteria of
geographical competence (Urssaf of Paris and Urssaf of Lyons):
Because of this, this item only now represents -€2.97 million in 2009, corresponding to a prior period
adjustment, compared to -€3.53 million in 2008.
- 38 -
Chapter 7588 "Miscellaneous technical revenue"
Expense transfers
The change in the presentation of the collection financial statements since 2007 has led to the neutralisation
of the technical management results. It entails booking revenue that is strictly equal to the expenses to be
transferred to the beneficiaries.
The amount of expenses is not representative subsequent to the transfer to the Urssaf of the "declarative"
revenue. This is comprised solely of minor debts and an adjustment for 2007 for litigation fees.
2-
Collections for third parties
The revenue allocated to partners that do not fall within the scope of the LFSS is followed on Acoss' balance
sheet accounts.
This entails:
A fraction equal to 1.48% of the contributions on the consumption duty on tobacco allocated to FNAL
since 1 January 2006, for an amount of €147.50 million,
The CRDS on revenue from activity or income substitution benefits paid by the other plans and
allocated to CADES. The amount to recover in 2009 is respectively €147.10 million and
€973.59 million (compared to €142.50 million and €920.89 million in 2008),
The CSG on revenue from activity for €51.91 million and on income substitution benefits for €238.29
million paid by the other plans and allocated to CADES. New revenue subsequent to the LFSS for
2009 allocating 0.20 point of CSG and as such reducing the portion of this same contribution
financing the FSV.
- 39 -
3-
Expenses from direct collections
This is comprised of:
−
Income transfers which resulted in cancelling the result: €53,648.69 million.
Technical management expenses
2009
2008
In millions of euros (€M)
Chnage
Structure 2009
2009 / 2008
-100,00%
ns
Losses on irrecoverable debts
0,00
0,40
Cancellations of receivables
0,00
0,40
Income transfers
53 648,69
55 509,40
-3,35%
CNAMTS Illness
30 114,72
31 136,90
-3,28%
-100,00%
CNAMTS Indus. Acc.
1 828,42
1 925,32
-5,03%
CNAF
7 366,24
7 852,10
-6,19%
CNAVTS
11 258,38
11 414,31
-1,37%
Partners:
3 080,92
3 180,78
-3,14%
1 612,26
-14,59%
FSV
1 377,01
CNSA
CCMSA
Other health insurance plans
Misc. plans and funds
Total technical management expenses
270,22
257,54
4,92%
1 266,11
1 193,29
6,10%
-0,37
-1,13
-66,95%
167,95
118,82
41,35%
53 648,69
55 509,80
-3,35%
ns
100,00%
100,00%
Losses on irrecoverable debts
Only the expenses concerning abandonment, for minor debts or cancellations for minor credits remain to be
booked by Acoss. Indeed, the Social Security bodies are authorised to abandon the collection of their
receivables of a low amount, i.e. below a threshold, in accordance with Articles L.133-3 and D.133-1 of the
Social Security code (this threshold for 2009 is €36.00).
- 40 -
Income transfers
Income transfers correspond to the notices of revenue generated with beneficiaries. These are booked as
expense which results in the cancellation of the income from direct collections.
This changed from €55,509.40 million in 2008 to €53,648.69 million in 2009, which is an increase of
€1,860.71 million (-3.35%).
Beneficiaries
CNAM Illness
CNAM Ind. Acc.
In millions of euros (€M)
Change
2008
2009/2008
2009
30 114,72
31 136,89
-3,28%
1 828,42
1 925,32
-5,03%
-6,19%
CNAF
7 366,25
7 852,10
CNAV
11 258,38
11 414,31
-1,37%
1 377,01
1 612,26
-14,59%
FSV
CNSA
CCMSA
MISC. ILLNESS PLAN
MISC. PLANS
Total
270,22
257,54
4,92%
1 266,11
1 193,29
6,10%
-0,37
-1,13
-67,26%
167,95
118,82
41,35%
53 648,69
55 509,40
-3,35%
All of the revenue from direct collections and the corresponding expense is notified to beneficiaries on a
monthly basis. An annual summary report is also sent to the beneficiaries each year.
4-
Allocations within the framework of the direct collections mission
The table below shows the flow in 2009 and the debts of Acoss with regards to the beneficiaries within the
framework of direct collections at the end of 2009.
The table includes:
−
In the upper portion, all of the transactions booked in class "7", with the presence of CNSA "public entity"
in the "various partners" item, the tax revenues allocated for the compensation of the general relief and
those pertaining to the TEPA law.
−
In the lower portion, the other partner for which the revenue is followed in class "4". The revenue
received for these bodies primarily concerns the CSG, CRDS and various contributions that are
allocated to them.
- 41 -
Change in revenue allocated to be collected – branches and other bodies
(In millions of euros €)
Beneficiaries
Debt at
31/12/08
Revenue
Expensess
Collections
Debt at
31/12/09
Change in
debt 2009
(1)
(2)
(3)
(4)
5=(1+2-3-4)
6=(1/5)
Debt with regards to branches:
7 212,36
50 567,77
Illness Branch
Ind. Acc. Branch
Family Branch
Old-Age Branch
3 463,86
314,30
1 165,80
2 268,40
30 114,72
1 828,42
7 366,25
11 258,38
Debt with regards to other social security bodies and
plans:
338,77
3 080,92
Misc. plans
225,04
1 704,29
51 017,79
6 762,34
-6,24%
30 561,10
1 848,69
7 406,93
11 201,07
3 017,48
294,03
1 125,12
2 325,71
-12,89%
-6,45%
-3,49%
2,53%
0,00
3 047,81
371,88
9,77%
0,00
1 664,60
264,73
17,64%
154,80
17,54
52,70
1 266,12
270,22
167,95
1 255,43
262,04
147,13
165,49
25,72
73,52
6,91%
46,64%
39,51%
0,60
113,13
-0,37
1 377,00
0,23
1 382,98
0,00
107,15
-100,00%
-5,29%
7 551,13
53 648,69
0,00
54 065,60
7 134,22
-5,52%
Debt with regards to other partners:
19,97
1 564,72
0,00
1 583,25
1,44
-92,79%
CADES
FNAL
Alsace Moselle Plan
Transportation
-1,23
12,08
2,56
6,56
1 410,99
150,13
2,12
1,48
1 433,64
147,51
2,10
0,00
-23,88
14,70
2,58
8,04
1841,46%
21,69%
0,78%
22,56%
7 571,10
55 213,41
55 648,85
7 135,66
-5,75%
- CCMSA
- CNSA
- Misc. partners (RATP, sncf..)
other Illness plans laboratories
FSV
Subtotal: branches and other social security bodies
and plans:
TOTAL Branches and partners:
0,00
0,00
This table is adjusted with the income statement. In order to re-establish coherency with the liabilities on the
balance sheet, the following aggregate needs to be performed:
Debt with regards to other bodies and plans
Difference
Balance sheet – operating liabilities
Table above
CNSA
Alsace Moselle
Plan
348,74
371,88
-25,72
2,58
- 42 -
PART II:
Balance sheet accounts
- 43 -
Consolidated Balance Sheet
Acoss' balance sheet covers all of the following:
The assets of the Public Institution Acoss.
The resources allowing Acoss to finance its investments.
The receivables and payables that generate the activity of collection and distribution of cash flow.
The situation of the debt of the State linked to the exemption measures for contributions in the
general plan.
The cash flow position of the general plan.
This undergoes (see appendix) two analytical balance sheets:
The balance sheet covers the transactions:
−
Of Administrative Management.
−
Of the management of the Fonds National de Gestion Administrative of the collections branch
−
Of the joint cash flow management of the general plan.
and shows the net result for administrative management and for FNGA.
Acoss' direct collections balance sheet represents only those collection management transactions of
Acoss and incorporates the distribution to the branches and partners of the allocation of income to
account R 45.
- 44 -
The asset accounts cover the asset position of Acoss (property, receivables and cash flow).
FIXED ASSETS
Intangible fixed assets
Software or Patents owned by the Collections branch
Tangible fixed assets
Real estate and furniture
Long-term investments
CLEISS cash flow advance
CURRENT ASSETS
Suppliers, social intermediaries, service Receivables in terms of suppliers (guarantee deposits)
providers
Receivables on contributors and other debtors within the
Customers,
accounts
contributors
and
similar
framework of collections, including those corresponding to
transactions
for
third
parties,
less
provisions
for
depreciation booked for the risk of non-collection.
Public entities
Bodies and other social security plans
Other operating receivables
Available cash
Receivables on the State and especially the amounts due for the
employment measures,
Accrued assets in terms of allocated taxes
Miscellaneous receivables on the public entities in terms of
collecting contributions when the down payments were greater
than the final allocations.
Current accounts of the national funds when their cash flow is
negative,
Miscellaneous receivables on the social security bodies in terms
of direction collections when the down payments were greater
than the final allocations.
Miscellaneous receivables on third parties other than social
security bodies in terms of administrative management or
contribution collection (adjustments).
Position of the financial accounts opened in the name of the
ACOSS accountant
The liability accounts cover the capital, provisions, debts, including borrowings.
LIABILITIES
Capital
Reserves
Net income for the period
FNGA and GA income for financing capital transactions
Provisions for risks and charges
Financial debts
Contributions and debit customers
Suppliers of goods and services and
similar accounts
Public entities
Bodies and other social security plans
Deferred revenue
Provisions for personnel costs evaluated and due in N+1 for the
previous year.
Provisions for technical risks and charges.
Short-term borrowings with the CDC or within the framework of the
programme of issuing commercial paper.
Credit notes to pay within the framework of collections.
Costs to be paid to suppliers
Debts with regards to public entities for contributions remaining to be
paid to them
Current accounts of the national funds when their cash flow is
positive,
Miscellaneous debt on the social security bodies in terms of direction
collections when the down payments were less than the final
allocations.
Deferred revenue in particular payments of tax revenues
- 45 -
I-
Asset accounts
In millions of euros
Sections
2009
Change
2009/2008
2008
Structure
2009
FIXED ASSETS
Intangible fixed assets
1,35
1,46
-7,53%
0,00%
Tangible fixed assets
10,15
16,43
-38,22%
0,03%
Long-term investments
321,28
324,05
-0,85%
0,94%
Total fixed assets
332,78
341,94
-2,68%
0,98%
0,19
0,37
-48,65%
0,00%
Customer, contributors and similar accounts
1118,29
971,26
15,14%
3,28%
Public entities
6 834,92
6 975,78
-2,02%
20,08%
25 371,58
21 144,00
19,99%
74,53%
149,47
114,87
30,12%
0,44%
236,88
230,98
2,55%
0,70%
Total current assets
33 711,33
29 437,26
14,52%
99,02%
TOTAL ASSETS
34 044,11
29 779,20
14,32%
CURRENT ASSETS
Suppliers, social intermediaries, service
providers
Operating receivables
Bodies and other social security plans
Other operating receivables and suspense
accounts
Available cash
Banks, financial institutions and similar
accounts
The table produced above shows the main items on the asset side of Acoss' balance sheet, and provides
details on the use of resources from the Central Agency, how they have changed since the previous period
and their structure in relation to total assets in general.
The 14.32% increase in the assets on the balance sheet which change from €29,779.20 million in 2008 to
€34,044.11 million in 2009 can be explained by the change in the current accounts of the national funds of
the general plan showing a degradation in their balance despite the repayment by CADES of €17 billion in
the month of February, March and August 2009 for the balance of the reversal of the cumulated deficit of the
illness and old-age branches of the general plan, in application of Article 10 of the LFSS of 17 December
2008.
For the first time this year, the four branches of the general plan are in deficit
The cash flow position of the general plan for the year 2009 is provided in part III of this report.
- 46 -
1-
Fixed assets
Down 2.68% compared to fiscal 2008, these represent 0.98% of total assets on the balance sheet.
Long-term investments are of three types:
−
the advances granted to the bodies of the branch (URSSAF, CGSS, CERTI AND CRFPP) and to the
common bodies and other bodies of Social Security (CLEISS, EN3S, Maisons des Artistes and CSS of
Mayotte) in order to finance their investment operations. This change is explained in part I - II of this
report.
Slightly higher than 2008 (+€0.67 million, or +1.39%), the change in these advances is due to two opposite
trends: -*-*
-
an increase of €16 million (80.86%) in advances granted to the URSSAF;
-
a decrease of -€13.54 million (52.84%) in advances granted to CERTI and -€1.70 million (-191.11%)
for the "other bodies".
The Centre des Liaisons Européennes et Internationales de Sécurité Sociale (CLEISS) had
requested an advance of €1.71 million in 2008, compared to only €0.13 million in 2009.
−
loans to personnel and deposits and cautions
- a permanent advance for CLEISS (CSSTM), set by the order of 7 March 1975, was paid in 1975, in
application of Article R 767-12 of the Social Security code. Indeed, by virtue of this article, CLEISS is
provided with a fund that is intended exclusively for current cash flow transactions for the settlement of
French Social Security debt and is distributed amongst the social security plans involved.
The amount of this advance has not been revised since this date.
2-
Current assets
Transactions with debit suppliers and service providers (40).
€0.37 million in 2008, these have changed to €0.19 million in 2009. This decrease can be explained by the
limitations in operating and investment expenses since the installation of the public institution in the new
premises at Montreuil.
Contributor accounts (41):
Contributor receivables stand at €1,118.23 million compared to €971.26 billion, which is a change of 15.14%
and represent only accrued assets (PAR) on the receivables from direct collections for which the details are
provided in chapter VI of the first part of this report.
- 47 -
Public entities (44):
For a total amount of €6,834.92 million, this item can be broken down as follows:
- The "State" item, which represents more than 99.60% of the receivables on the public entities, is down
8.06%, and is comprised of:
−
receivables on the State for exemptions on contributions for an amount of receivables that is certain of
€2,391.81 million down 8%; 8% (€2,601.37 million in 2008),.
−
accrued assets for contribution exemptions for targeted measures for €421.11 million,
−
accrued assets for various allocated taxes (ITAF) for €3,998.04 million, up 4.33%,
−
€0.07 million in wages and state administrative management expenses,
−
€23.89 million in CADES revenue allocated to be collected.
Transactions between the Bodies and other social security plans (45):
These receivables are primarily comprised of receivables on the national funds of the general plan, (more
than 99%), which represent the cash flow of the branches, within the framework of the joint cash flow
management of the branches (law no. 94-637 of 25 July 1994) (Cf. details in chapter III "Cash flow
transactions").
These represent €25,371.58 million, which is 74.53% of the structure of the asset and can be broken down
as follows:
Current accounts of the national funds
Since the implementation of the separate management of the cash flow for the various risks by the national
funds via the law supra, the current accounts managed by Acoss cover the cash flow position of each
branch.
When these accounts are present on the asset side of the balance sheet, they show the negative cash
positions of the branches in the general plan.
- 48 -
The total of these balances represents €25,327.68 million compared to €20,862.34 million in 2008, which
shows a degradation in the position of the current accounts of the national funds. The causes of this change
are exposed in part II "Cash flow transactions". The current accounts have changed as follows:
−
CNAMTS-AM: the current account of the old-age branch of -€8,188.02 million in 2008 changed in 2009
to
-€12,710.85 million showing a degradation of 55.24%,
−
CNAMTS AT: the current account of the industrial accident branch of -€1,059.68 million in 2008 changed
in 2009 to -€1,668.07 million with a degradation of 57.41%,
−
CNAVTS: the current account of the old-age branch of which the balance improved from -€11,614.63
million in 2008 to a balance of -€10,272.98 million in 2009 (+11.56%).
−
CNAF: the current account of the family branch changed from €2,061.92 million to a balance of -€676.78
million in 2009 which is a substantial drop of 132.82%.
Receivables on the other bodies and plans
For an amount of €43.90 million, these primarily concern contributions paid provisionally to the beneficiaries,
to be adjusted at the beginning of 2010, based on the final accounting amounts in the financial statement of
Acoss.
€35.65 million which is the difference between the advances paid to the Alsace Moselle local plan
and the contributions that are actually due,
€3.11 million in old-age contributions to be paid to CIPAV within the framework of the new "selfentrepreneur/micro social plan" system,
€3.41 million concerning miscellaneous beneficiaries: CRFFP, AGESSA/MDA of which €0.5 million
in illness contributions to be paid to CNRSI within the framework of the new "self-entrepreneur/micro
social plan" system,
€1.73 million for the FCAATA fund, for the management fees to be levied on the contributions
collected by the URSSAF network from 2005 to 2009 (note from the labour and budget ministries of
25 June 2009).
Miscellaneous debits (46)
This item represents €7.76 million at the end of 2009, down 52.98% compared to 2008.
Miscellaneous debits for the most part represents the beneficiaries for which the URSSAF collect their
contributions, and for which the receivable is comprised of the difference between the advances paid by
ACOSS during the financial year and the final accounting amounts of the collections for an amount of €6.95
million.
€5.66 million for IRCEM (Institution de retraite complémentaire des employés de maison)
- 49 -
€1.29 million for UNEDIC
As administrative management, this represents:
€0.24 million in accrued assets for GA,
€0.57 million in accrued assets for FNGA
Other operating receivables
These stand at €149.47 million and are comprised according to the following structure:
Personnel and similar accounts (42 + 43)
For a total of €0.06 million in 2009, this stood at €0.03 million in 2008 in personnel costs to be paid back
primarily to the social bodies.
Suspense accounts (47) for €139.64 million
The amounts mentioned in the "suspense accounts" correspond primarily to the amounts collected in the
Urssaf - CGSS on external accounts and not paid back to the Acoss single account with CDC (expected
credits).
−
the amounts collected at the end of 2009 in the Urssaf-Cgss on external accounts and not paid back to
the Acoss single account with CDC stand at €139.64 million compared to €98.29 million in 2008 with a
change of 42.07%.
Adjustment account (48) for €2.07 million
The amount mentioned in account 48 is comprised primarily of a deferred charge for the payment of the rent
of the first quarter 2010 for the premises of CNIR-Sud.
Available cash
This represents an amount of €236.88 million in 2009 (€230.98 million in 2008). The change in this balance
depends on that of the CUDC of Acoss (unique current cash account). Indeed, this account alone represents
99.80% of available cash at 31 December 2009.
Account no.
Description
T 511
VALUES AT COLLECTION
T 5121
RGF
T 513
CUDC
T 5141
LA BANQUE POSTALE
T 5188
ACCRUED INTEREST RECEIVABLE
Banks, financial institutions and similar accounts
T 5311
FUND
Available cash
Fiscal 2009
496,94 €
293 131,64 €
236 399 252,18 €
1 071,97 €
182 789,18 €
236 876 741,91 €
1 385,45 €
236 878 127,36 €
The cash flow of ACOSS is covered in more detail in chapter III "Cash flow transactions"
- 50 -
Fiscal 2008
64 915,16 €
230 412 414,48 €
1 299,08 €
504 419,10 €
230 983 047,82 €
698,72 €
230 983 746,54 €
II - Liability accounts
This table describes, item by item, the resources of Acoss, their structure and how they have changed in
relation to the 2007 period, all management consolidated, for N and N-1 in accordance with the measures of
the order of 30 January 2009.
(In millions of euros €M)
LIABILITIES
1) Capital
Reserves
Total capital
2) Provisions for risks and charges
Provisions for risks and charges
Total provisions for risks and charges
3) Debt
Financial debts
Borrowings and debt with special conditions
Debts between social security bodies
Operating liabilities
Credit contributors
Suppliers of goods and services and similar
accounts
Personnel and similar accounts
Public entities (except 446)
Bodies and other social security plans
2009
Change
Structure 2009
2009/2008 in %
in %
2008
327,92
327,92
337,08
337,08
-2,72%
-2,72%
0,96%
0,96%
1,1
1,1
1,14
1,14
-0,04
-0,04
0,00%
0,00%
24 307,04
24 307,04
0
8 827,63
213,1
17 545,48
17 545,48
0
11 637,88
111,85
38,54%
38,54%
0,00%
-24,15%
90,52%
71,40%
71,40%
0,00%
25,93%
0,63%
7,62
7,61
0,13%
0,02%
7,5
257,95
8 269,91
7,5
805,92
10 626,00
0,00%
-67,99%
-22,17%
0,02%
0,76%
24,29%
71,55
79
-9,43%
0,21%
4) Adjustments
Deferred revenue
Total debt
580,42
580,42
33 715,09
257,62
257,62
29 440,98
125,30%
125,30%
14,52%
0,00%
1,70%
99,03%
TOTAL LIABILITIES
34 044,11
29 779,20
14,32%
Other operating liabilities and suspense accounts
1- Capital
Comprised solely of the "Optional Reserves" item, capital in 2009 amounts to €327.92 million.
The decrease in capital booked (€9.16 million which is a decrease of -2.72%) comes from allocating the
results of the administrative management of the Public Institution and FNGA.
- 51 -
2-
Provisions for risks and charges
This item books a provision for risks for the non-repayment of a loan and provisions for risks and charges
booked in the administrative management of Acoss concerning the personnel for an amount of €0.01 million
and provisions for charges for profit sharing, of the variable portion of the directors and performance bonuses
for €0.95 million, (cf. part I of this report).
3-
Debt
Financial debts
Financial debt changed from €17,545 million in 2008 to €24,307.04 million in 2009, which is an increase of
38.54%.
This is primarily comprised of:
CDC borrowings;
−
a programme of issuing commercial paper,
−
€14.75 billion: 24-hour delay CDC cash advances
€9.55 billion: commercial paper
accrued interest.
−
€0.01 billion: accrued interest payable
Acoss is authorised to have recourse to borrowing in order to cover it needs in working capital up to the
ceiling for advances set forth by the Social Security Financing Law. The Order 2009-999 of 29 July 2009 sets
the ceiling to €29 billion in 2009). Between 1 January and 31 March 2009, the maximum amount of nonpermanent resources to which the general plan was able to have recourse was set to €35 billion.
Commercial paper comes as a supplement since December 2006 to the bank financing contributed by the
Dépôts et Consignation (CDC), Acoss' historic partner.
In 2009, recourse to borrowing was carried out in the framework:
−
of an agreement concluded with the Caisse des Dépôts et Consignations on 21 September 2006 for the
2006-2010 period, effective 1 January 2006;
−
a programme of issuing commercial paper than can reach a ceiling of €11.5 billion since 24 September
2007.
Details on the financing programme 2009 is described in part III "Cash flow transactions" of this report.
- 52 -
Operating liabilities
Operating liabilities represent an amount of €8,827.63 million in 2009, compared to €11,637.88 million in
2008, and have decreased by 24.15%. This can be broken down as follows:
Contributors and credit customers (41):
These are credit notes booked for €213.10 million.
The change in this item is due to the over-estimating of the advanced paid by CNAMTS and CNAVTS for
CSG and CRDS deducted at source on services compared to the actual results communicated by the
national funds at the end of the fiscal year.
Liabilities with service providers, suppliers and personnel and social contributions
(40, 42, 43):
Other operating liabilities are stable and are primarily comprised of:
Liabilities with service providers and suppliers: in 2009, this stood at €7.62 million compared
to €7.61 million in 2008,
The charges to be paid relative to personnel costs for €7.51 million in 2009 compared to
€7.50 million in 2008.
Public entities (44):
In 2009, this stood at €257.95 million compared to €805.92 million in 2008. This entails:
€216.82 million in terms of the final adjustment for contributions collected in 2009, which will be paid
back in 2010 (CADES, CNSA, CMU fund etc.),
€40.43 million representing the revenue allocated to be collected for FNAL and CNSA,
€0.70 million representing social contributions.
The decrease in the debt in 2009 on the public entities comes from the reimbursement that ACOSS
made to the State for 2008 in application of the amending Law on Finances for 2009 for tax revenue
excluded from the tax basket bis (€688.27 million). Indeed, Article 6 of the law 2009-1674 provides for the
allocation of a fraction of the consumption duty on tobacco (3.99%) to the compensation of the exemptions
on contributions on overtime and supplemental hours.
- 53 -
Transactions between the social security bodies (45):
These stand at €8,269.91 million compared to €10,626.00 million in 2008, which is a decrease of 22.17%
and represent most of the operating liabilities (93.6%) and 24.29% of liabilities.
Operating liabilities for the Social Security bodies can be broken down as follows:
Current accounts of the national funds representing the positive cash flow of the bodies and of the branches:
In 2009, CNAF results were sharply degraded. Indeed, its cash flow, which was positive at €2,061.92 million
in 2008, became negative in 2009 and reached -€676.78 million.
In 2009, the balance of the national funds had a debit balance and was recorded on the asset side of
the balance sheet.
Other debt with regards to national funds
€6,762.34 million representing the revenue allocated to be collected, notified to the national funds for
direct collection: these are amounts that Acoss has to collect from the contributors, and which it must
then pay to the beneficiaries.
(In millions of euros €M)
Revenue Allocated to be Collected
2009
Change
2009/2008 in %
2008
R 451119
Revenue allocated to be collected – CNAM AM
3 017,48
3 463,86
-12,89%
R 451129
Revenue allocated to be collected – CNAM AT
294,03
314,30
-6,45%
R 45129
Revenue allocated to be collected – CNAF
1 125,12
1 165,80
-3,49%
R 45139
Revenue allocated to be collected – CNAV
TOTAL
2 325,71
2 268,40
2,53%
6 762,34
7 212,36
-6,24%
Debt with regards to other bodies and plans
€348.74 million representing the revenue allocated to be collected for the other social plans.
Revenue Allocated to be Collected
2009
R 45419
Revenue allocated to be collected – CCMSA
R 4565839
(In millions of euros €M)
Change 2009/2008 in
%
2008
165,49
154,80
6,91%
Revenue allocated to be collected – MISC PLANS
(labs)
0,00
0,60
-100,00%
R 4565849
Revenue allocated to be collected – MISC PLANS
73,52
52,70
39,51%
R 4451181
Revenue allocated to be collected - ALSACE
MOSELLE
2,58
2,56
0,78%
R 457119
Revenue allocated to be collected – FSV
107,15
113,13
-5,29%
348,74
323,79
7,71%
Total
- 54 -
Miscellaneous other debt with regards to other bodies and plans
The other debt with regards to social bodies and plans (€1,158.82 million) represents miscellaneous debt
such as:
Current operations that are yet to be adjusted in 2010 with the URSSAF, CGSS, CERTI and
UCANSS and CCSS for €617.59 million,
* €508.12 million concerning the positive position of the current account balance of the basic bodies
−
€496.52 million for the URSSAF,
−
€11.60 million for the CGSS.
* €109.47 million representing the positive balances:
−
of UCANSS for €75.53 million,
−
of the FFCSAS for €15.90 million,
−
of the CERTI for €18.04 million,
The share of tax revenues, for the compensation of general relief and overtime hours collected in
December and paid back in January to CCMSA (€176.95 million) and to the various plans (€93.61
million),
The adjustment of the C.S.G collected and to be paid back to FSV (€120.41 million),
The adjustment of the contributions collected and to be paid back to CNRSI (the self employed
depending on ISU and medical professions (€149.33 million),
€0.93 million in charges to be paid for other plan miscellaneous operations.
Miscellaneous credit accounts (46):
Debts with regards to third parties
Revenue allocated to be collected:
Debts with regards to third parties at €8.04 million compared to €6.56 million in 2008, represent
payments to be made concerning the Autorités Organisatrices de Transport (AOT) within the framework
of the exemption of the transport tax by the Law on apprenticeships of 1979,
- 55 -
The other credit accounts stand at €63.50 million and are comprised of:
€34.78 million in charges to be paid for the Fonds National de Gestion Administrative,
€11.79 million representing the remaining amounts of the contributions to be paid to the Fonds
d’Assurance de Formation (FAF) € for the other training funds (household employees for €2.77 million,
accredited child minders for €0.99 million, self-employed social plan for €8.02 million,
€12.37 million representing the remaining amounts to be paid to partners of the Titre Emploi Entreprise
(TEE) and Chèque Emploi Associatif (CEA) systems created by order no. 2003-1213 of 18 December
2003 and by Law no. 2003.442 of 19 May 2003 and CETPE created by order 2005-903 of 2/08/2005.
The implementation order no. 2004-121 of 9 February 2004 (amended by decree 2005) of the
TEE/CEA/CETPE designates the collections branch as manager of the aforementioned systems.
€0.39 million concerning the remaining amounts of the contributions to be paid back to the Unions
Régionales des Médecins Libéraux,
€0.15 million pertaining to the repayment to the AOT for the apprenticeship law of 1979,
Miscellaneous charges to be paid for €4.02 million.
Adjustments (48):
Deferred revenue calculated by DGFIP was recognised in 2009 for €580.42 million
Concerning various plans
on CSB for €0.21 million
Concerning CNSA
on CSB for €0.20 million
Concerning OLD-AGE ceiling removal on CSB and social levy on income substitution
benefits for €43.98 million
Concerning FSV
Concerning ILLNESS
on CSG on income substitution benefits for €1.70 million
on CSG on income substitution benefits for €11.41 million
on volunteer contracts for €0.97 million
Concerning ILLNESS
Concerning FAMILY
on CSG on income substitution benefits for €438.66 million
on CSG on income substitution benefits for €83.29 million
- 56 -
PART III:
Cash flow transactions
- 57 -
I-
Accounting perspective of cash flow management
Acoss exercises its primary mission as manager of the general plan cash flow in accordance with Articles
D 253-36 to 41 of the Social Security code. This mission of joint management is provided by the opening, in
the name of Acoss, of a unique current cash account (CUDC) at the Caisse des Dépôts et Consignations, in
virtue of Article D 253-37 of the aforementioned code.
This account opened at CDC records all of the financial movements for all of the general plan bodies.
Three main financial flows feed into the CUDC:
−
The CUDC is credited with all of the contributions, contributions collected by the Urssaf, and
contributions collected directly by Acoss as well as a certain number of cash flow transactions,
−
The CUDC is debited for all of the drawings of the Social Security bodies to settle the services,
administrative management expenses and other expenses charged to the general plan,
−
The revenue (collections from direct collection) and expenses booked directly by Acoss as well
as all of the financing operations (advances, facilities and commercial paper) are charged to
account 185 A opened at the CDC head office in the name of Acoss which forms a subdivision of
the CUDC.
Other financial movements transit through the CUDC; these are amounts collected for bodies or
partners who are not included within the joint cash flow scope.
The table describing the cash flow position of CUDC and the financial debt of the collections branch has
undergone a change in presentation with the purpose of tracking the changes in the cash flow position of
the Collections branch and its financial debt, and no longer just the change in the position of CUDC:
- 58 -
CHANGE IN THE POSITION OF THE UNIQUE CURRENT CASH ACCOUNT AT CDC
in millions of euros (€M)
2009
Cash flow position of the General Plan at 1 January
Available cash
Accounting balance of the unique current cash account
Balances of the other ACOSS cash flow accounts
*
Commercial paper
Cash flow advances
Predetermined advances
Accrued interest
Change in
cash flow
2008
-17 314,50
-20 091,27
230,98
20,86
230,41
20,03
0,57
0,84
-11 225,00
-8 550,00
-6 310,00
-1 035,00
0,00
-10 500,00
-10,48
-27,13
Total cash inflow 2009
376 809,38
374 243,27
Cash flow received via the general cash flow circuit
267 638,04
263 150,83
In terms of private sector contributions
206 598,34
203 920,86
In terms of public sector contributions
37 864,08
37 409,12
In terms of ISU contributions
13 297,05
12 619,94
Drawing surpluses generated by the bodies
Cash flow received directly on the ACOSS head office account (185 A)
In terms of ACOSS direct collection
9 878,57
9 200,91
109 171,34
111 092,43
50 044,86
52 524,29
Collections in terms of joint cash flow management
Total cash outflow 2009
Drawings - local bodies and UCANSS
59 126,49
383 568,90
8 721,87
58 568,14
371 482,88
8 383,91
Drawings - illness
155 854,39
149 244,52
Drawings - AT-MP
8 682,97
8 661,69
Drawings - old-age
87 175,23
83 175,26
62 693,45
323 127,91
7 868,57
58 750,92
308 216,30
7 504,61
Repayment - FSV
8 229,23
9 988,03
Repayment - CADES
6 912,28
5 152,94
Drawings - family
Drawings - Subtotal
Repayment - CNRSI
Repayment - CNSA
Repayment - other partners and third parties (CCMSA, CRPSNCF,IRCEM,CMU...)
Repayments - Subtotal
Expenses - illness
2 762,00
2 862,51
12 977,32
38 749,39
7 126,48
16 268,25
41 776,34
6 756,03
Expenses - AT-MP
1 016,10
1 199,74
Expenses - old-age
9 534,85
10 050,41
Expenses - family
4 014,17
3 484,06
21 691,60
-0,09
3,94
-24 070,17
21 490,24
-0,27
16,65
-17 314,50
236,88
236,40
0,48
230,98
230,41
0,57
-9 555,50
-11 225,00
-14 745,00
-6 310,00
0,00
-6,54
0,00
-10,48
Subtotal for expenses on the ACCOS head office account (185 A)
Change in other ACOSS cash flow accounts
Change in accrued interest
Cash flow position of the General Plan at 31 December
Available cash
Accounting balance of the unique current cash account
*
Balances of the other ACOSS cash flow accounts
Commercial paper
Cash flow advances
Predetermined advances
Accrued interest
2 776,77
-6 755,68
Net financial debt corresponds to the amount of financial debt, comprised of borrowings from CDC and the
issuing of commercial paper, from which is deducted the balance of the available cash listed on the asset
side of the balance sheet.
- 59 -
In 2009, the variation in cash flow (excluding deficit reversal operations via CADES) stood at
-€23.8 billion in 2009 after -€7.2 billion in 2008, to be compared with the accounting deficit of 2009 of -€20.3
billion for the General plan. Drawings increased 4.6% (€384 billion), which is an increase comparable to that
observed in 2008, while collections have remained stable.
Drawings in terms of Industrial accidents and Professional illnesses (Illness branch) and the Old-age branch
have slowed down.
In 2009, the accounting deficit for the general plan stood at -€20.3 billion, a degradation of €10 billion
compared to the previous year. The variation on the cash flow balance recognised by Acoss tracks for a
large part the change in the accounting balance. However, certain cash flow transactions do not impact the
accounting balance. The relatively stronger degradation in cash flow is primarily the result of the
reconstitution of FSV debts, with the latter returning to a high deficit situation again.
Other factors have also played in a different manner on the cash flow and the accounting results such as the
shifts between the dates that accounting transactions are taken into account (recognised rights) and the
actual collection/disbursement dates, but also end-of-period accounting transactions (drawing up provisions,
accrued assets and charges to be paid, etc.) which do not have an influence on cash flow but on the net
results of the general plan.
The completion of the reversal by CADES of the cumulative deficits of the Old-age and Illness branches and
FSV at 31 December 2008, which resulted in €17 billion contribution to cash flow made it possible to limit the
variation on cash flow over the year to -€6.76 billion.
Indeed, Article 10 of the LFSS for 2009 provided for a reversal of the cumulative deficits of the Illness and
Old-age branches and FSV at 31 December 2008. An Order no. 2008-1375 of 18 December 2008 set to
€26.9 billion the total amount of this reversal (including €8.8 billion for the Illness branch, €14.1 billion for the
Old-age branch and €4 billion for FSV).
In application of these provisions, CADES performed on CUDC a first payment of €10 billion in the last few
days of the year 2008. It continued its payments on 6 February 2009 for €10 billion and on 6 March 2009 for
€6.9 billion.
A second Order no. 2009-927 of 28 July 2009 set the definitive amounts of the reversal of CADES for
€27 billion according to the cumulative deficits at 31 December 2008 that were actually recognised in the
chart of accounts by each of the beneficiaries of the CADES transfers. As such, an additional payment was
made on 4 August 2009 for €0.1 billion.
In the end, the reversal of the cumulative deficits by CADES for a total amount of €27 billion benefitted the
Old-age branch for €13.9 billion, the Illness branch for €9.1 billion and FSV for €4 billion.
The variation in cash flow for the period, which stands at -€6.76 billion€, would have reached -€23.76 billion if
there was no CADES payment (to be compared with +€2.76 billion in 2008, in light of the anticipation in the
last few days of 2008 of the first payment of €10 billion).
The cash flow position of the general plan required constant recourse in 2009 to borrowing which stands at
€24.30 billion at 31 December 2009.
- 60 -
Article 35 of the law no. 2008-1330 of 17 December 2008 pertaining to the law on financing social security
for 2009 set to €18.9 billion the initial ceiling of non-permanent resources for the year 2009 and, by
derogation, to €35 billion between 1 January and 31 March 2009. Subsequently, an Order no. 2009-939 of
29 July 2009 retained this amount at €29 billion.
II-
Branch cash flow: position of the current accounts
Within the framework of its mission as cash flow manager of the general plan, Acoss has in its books the
current accounts of national bodies (CNAMTS-Illness, CNAMTS-Industrial Accidents, CNAVTS – Old-Age,
CNAF - Family).
The individualisation of the cash flow of the four branches in the general plan that are part of the joint
management of the cash flow, functions by debit or credit transactions of the current accounts open in the
accounting of ACOSS. These current accounts are similar to those held by a bank for its customers. ACOSS
holds current accounts for the national funds (CNAMTS-Illness, CNAMTS-Industrial Accidents, CNAVTS –
Old-age, CNAF - Family), l’UCANSS, each one of the Urssaf, Cgss, CSS of Lozère and the Certi and since
2009, subsequent to the modification of Article L .255.1.3 of the CSS for the Haute Autorité de la Santé (cf.
chapter 3 § 3.1.3.1).
In these current accounts, Acoss positions on a daily basis and, at the value date, all of the financial
movements booked to the CUDC and respectively for each body or those of their branch: the CPAM
movements are posted to the current account of CNAMTS, those of the CAF to the current account of the
CNAF, etc.
The National Bodies maintain, in their books, the current accounts of the bodies that depend on their
network, and charge the movements to each local body.
In application of the measures of Article D 253-36 of the Social Security code, aiming to clarify the
cash flow management of the general plan branches, Acoss records the cash flow transfers between
bodies in the general plan in its postings and as instructed by the National Funds.
The table below highlights the changes in the cash flow of the branches between 2008 and 2009.
(in €)
BRANCHES
ILLNES
INDUS. ACC.
FAMILY
OLD-AGE
TOTAL General Plan
AT 31/12/2009
débiteur
-12 710 853 370,72
débiteur
-1 668 061 805,95
débiteur
-676 782 759,55
débiteur
-10 271 984 502,36
-25 327 682 438,58
POSITION OF THE CURRENT ACCOUNTS
CHANGE IN 2009 CHANGE IN %
AT 31/12/2008
débiteur
-8 188 025 960,94
-4 522 827 409,78
55,24%
Débiteurs
-1 059 681 425,66
-608 380 380,29
57,41%
créditeur
2 061 917 926,06
-2 738 700 685,61
132,82%
débiteur
-11 614 633 105,17
1 342 648 602,81
-11,56%
-18 800 422 565,71
-6 527 259 872,87
34,72%
- 61 -
The negative cash flow of the Branches in 2008 changed from –€18,000.42 million to -€25,327.68 million in
2009, which is a decline of 34.72%.
III- Cash flow recorded in the CUDC account
1- Expenses: drawing movements and other branch expenses
In 2009, total drawings reached €383.57 billion, and increased by 3.25% compared to 2008.
The summary report below shows the details of the expenses recorded on the ACOSS books in 2009 for
each branch as well as for the other bodies and partners. These are movements stemming from the
network of general cash flows (drawings), expenses positioned directly on account 185 A opened at
CDC, as well as the expense transfer movements between Social Security bodies.
CUDC ACCOUNT OF ACOSS
(In billions of euros €B)
TOTAL EXPENSES - ILLNESS BRANCH
TOTAL EXPENSES - ILLNESS BRANCH IND ACC
Head office account
185 A
7 126 471 217,52
General Cash Flow
Circuit
155 854 390 733,04
1 068 964 832,88
164 049 826 783,44
1 016 093 570,51
8 682 974 217,65
1 099 395 127,93
10 798 462 916,09
Transfers
Total Expenses
TOTAL EXPENSES - FAMILY BRANCH
4 014 174 873,36
62 693 447 470,39
7 536 651 142,50
74 244 273 486,25
TOTAL EXPENSES - OLD-AGE BRANCH
9 534 853 156,73
87 175 232 171,55
4 318 888 441,19
101 028 973 769,47
0,00
8 721 272 003,54
0,00
8 721 272 003,54
38 130 862 539,97
0,00
1 021 215 693,80
39 152 078 233,77
Drawings ACOSS - URSSAF- CGSS- UCANSS- CERTI
Other expenses, repayment of contributions to partners
Misc. cash flow movements
TOTAL Expenses of National Funds
618 525 922,30
595 470,60
53 125 848,87
672 247 241,77
60 440 981 280,39
323 127 912 066,77
15 098 241 087,17
398 667 134 434,33
383 568 893 347,16
The drawings from bodies of the General Plan stem from the general cash flow network and represent
€323.13 billion, which is 81.05% of the total expense booked and have increased by 4.84% compared to
2008.
- 62 -
This change can be analysed as follows:
−
The drawings in the illness branch with €155.85 billion have increased more, at a rate identical to that of
2008, at a rate of 4.43% in 2009 after a rate of 4.45% in 2008,
−
This change can be explained:
•
on the one hand, by a 202% change in routine care, this increase is moderate, despite an
epidemic context at the end of the year, which weighed down on general practitioners' fees.
•
on the other hand, by the sharp increase in lump-sum payments for medical-social
establishments by 6.1% compared to 2008.
−
The drawings of the Industrial Accident branch increased by 3.67% and at a slower rate than in previous
years and have reached €8.68 billion. The slowdown observed over 2009 is most partly due to a
decrease in expense for permanent invalidity,
−
The drawings of the Family branch of €62.7 billion record an increase of 6.71%. This increase is linked in
part to the setting up of the active solidarity revenue (RSA) starting in the month of July 2009, and the
payment of a bonus of €200.00 to the future beneficiaries of RSA and to the dynamism in the housing
allocation services over the second half of 2009, in light of the postponement in 2009 of the integration of
the income bases of the beneficiaries,
Note that the rate of growth in the prestations d’accueil du jeune enfant (Paje, or young child assistance
services) remained sustained in 2008 in light of the dynamism of the Paje services for child minding
supplements.
−
Drawings in the old-age branch of €87.17 billion are up 4.81%, less than the rise in 2008 (5.30%). This
continued slowdown can be explained by a lower revalorisation of pensions than last year and by the
end of the increases in early retirement.
−
Drawings by the URSSAF, CGSS, CERTI and UCANSS stand at €8.72 billion, up 4.06% compared to
2007. This increase in drawings in 2008 can be explained, in part, by the continued payments of
contributions to the AOT (authorities that organise transportation).
-
Expenses positioned directly in the Acoss head office account (185 A) reached €60.44 billion in
2009, which is:
An increase of 2.89%. They include the payments to the beneficiaries for which the branch collects their
contributions, taxes and allocated taxes.
The expense transfer transactions between Social Security bodies amount to €15.10 billion in 2009. These
transactions are primarily comprised of the CSG and CRDS deducted at the source on the services (€5.41
billion), of the coverage by CNAF of the old-age parent at home contribution to the benefit of CNAVTS (€4.45
billion) as well as the contributions concerning PAJE which represent €2.54 billion or an 11.89% increase).
- 63 -
2- Revenue: collections in the CUDC account
The collections on the Acoss account (CUDC) in 2009 amount to €376.81 billion, and have remained stable
(+0.69%) compared to 2008 (€374.24 billion). The contributions collected (Urssaf and CGSS) via the general
cash flow circuit represent €257.11 billion.
Furthermore, the local bodies paid to the CUDC account the excess cash flow for an amount of €9.85 billion.
The table below shows the collections by branch and partner:
- 64 -
CASH FLOW RECEIVED AT ACOSS IN 2009
Contribution and csg collections by the URSSAF and CGSS
Employment measures compensated by the STATE
General relief compensated by the tax revenue
Cash flow surplus (Metropolitan France, CGSS, CRAMIF)
Contributions covered by a public entity (GIG, Fire Rescue)
Repayment of contributions (CARMF, CNMSS, CAVIMAC, Sector 1 doctors)
Reimbursement of services and allocations by various bodies
Monthly allocations – Public Institutions (DG, INTS, VIH etc.)
and participation of various health insurance plans in financing various centres (CCAA,CAMSP,,,)
Receivable interest on current account
Miscellaneous other revenue
Amount of revenue managed in the RD excluding employment measures
TOTAL COLLECTIONS CNAM HEALTH INSURANCE
Contribution collections by the URSSAF and CGSS
Employment measures compensated by the STATE
General relief compensated by the tax revenue
Cash flow surplus (Metropolitan France, CGSS, CRAM)
Reimbursement of services (CLEISS)
Monthly allocations in terms of Public Inst. (DG,INTS,VIH…)
and participation of various health insurance plans in financing various centres (CCAA,CAMSP…)
Receivable interest on current account
Miscellaneous other revenue
Amount of revenue managed in the RD excluding employment measures
TOTAL COLLECTIONS CNAM INDUS ACCID
Contribution collections by the URSSAF and CGSS
Employment measures compensated by the STATE
General relief compensated by the tax revenue
Cash flow surplus (Metropolitan France, CGSS)
surplus concerning RMI (paid by the regions)
Reimb. of services by a public institution (RMI,AAH,Crèches,API,RSO,FNAL(APL,ALS,ALT)
Reimbursement of services misc. bodies (CLEISS,ASA,Etat,la Poste…)
Receivable interest on current account
Miscellaneous other revenue
Amount of revenue managed in the RD excluding employment measures
TOTAL COLLECTIONS CNAF
Contribution collections by the URSSAF and CGSS
Employment measures compensated by the STATE
General relief compensated by the tax revenue
Cash flow surplus (Metropolitan France)
Contributions covered by the State
Repayment of contributions by various bodies
Reimbursement of services by various bodiess (CLEISS, SASV, FSI)
Contribution trnasfers between social security bodies
Payment of the Balance (CNIEG)
Receivable interest on current account
Miscellaneous other revenue
Amount of revenue managed in the RD excluding employment measures
TOTAL COLLECTIONS CNAV
Revenue collected for the other Partners
General relief for the other Partners
Other misc. revenue for the other Partners
SURPLUS URSSAF CERTI UCANSS
TOTAL COLLECTIONS
Recovery of the social debt for forecast total debits by CADES
TOTAL AMOUNT OF COLLECTIONS 2009
Head office account
185A
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
1 741 502 588,07
9 475 825 079,89
AV
AV
AV
AV
AV
AV
AV
AV
AV
AV
AV
AV
104 312 147 661,82
594 321 656,43
272 820 192,67
2 835 645 822,38
233 935 816,63
4 963 461 012,93
38 459 942,67
3 111 541 936,37
16 634 498 341,29
34 631 712,52
1 950 257 794,02
5 075 872 973,53
107 420 613 676,87
7 960 434 888,57
5 942 590 389,26
50 639 345,95
57 139 267,51
136 737 438,45
5 903 091,03
34 174 859,21
-494 294,50
10 513 538,44
0,36
784 240,19
2 035 480 995,58
AF
AF
AF
AF
AF
AF
AF
AF
AF
AF
Transfers between SSB
131 202 528,09
910 069 133,38
4 212 238 138,53
41 180 338 758,55
AT
AT
AT
AT
AT
AT
AT
AT
AT
AT
General cash flow circuit
676 149 347,74
3 958 425 581,40
1 293 185 583,60
15 191 742 818,79
509 389 017,03
14 719 063,86
591 055 774,87
2 330 342 763,48
24 565 009 950,77
1 176 749 708,53
8 762 927 638,73
11 201 441 568,24
230 553 918,50
228 021 371,59
309 116 169,43
152 414,69
2 360 701 853,06
1 592 516 978,01
25 862 181 620,78
-1 565 926 875,22
94 258 732,10
8 154 311 594,53
39 453 907 031,00
46 204 766 279,03
60 011 430 245,08
469
502
645
645
202
069
173
318,25
588,07
272,56
822,38
528,09
133,38
955,16
0,00
5 001 920 955,60
0,00
3 111 541 936,37
21 710 371 314,82
154 543 542
8 011 074
34 631
2 007 397
136 737
5 903
824,68
234,52
712,52
061,53
438,45
091,03
0,00
33 680 564,71
0,00
11 297 778,63
0,36
15 098 241 087,17
374 907 621 272,03
4 450 500 000,00
109 171 343 182,56
267 638 037 002,30
376 809 380 184,86
906
741
748
835
131
910
4 446
2 718 998 963,13
15 155 447,95
720 641 122,89
1 019 868 174,95
735 534 039,19
201 822 025,80
243 646 457,03
60 456 898 727,91
45 372 872 847,93
104
1
9
2
10 240 721 881,75
39 737 978 635,11
676 149 347,74
4 075 321 816,90
6 633 963 012,53
1 293 185 583,60
15 191 742 818,79
509 389 017,03
14 719 063,86
606 211 222,82
3 050 983 886,37
71 789 644 404,75
60 746 964 284,27
1 176 749 708,53
8 964 749 664,53
243 646 457,03
0,00
11 201 441 568,24
230 553 918,50
4 678 521 371,59
309 116 169,43
152 414,69
2 390 586 247,30
1 742 452 812,77
91 684 934 616,88
46 525 944 935,84
94 258 732,10
0,00
28 573 876,03
46 648 777 543,97
116 896 235,50
6 633 963 012,53
28 573 876,03
-1 471 668 143,12
45 401 446 723,96
43 929 778 580,84
17 000 000 000,00
- 65 -
50 929 291,64
284 071 604,11
TOTAL
29 884 394,24
149 935 834,76
5 365 854 268,19
2 718 998 963,13
17 000 000 000,00
The change in the structure of collections in the collections branch:
The year 2009 is marked by the economic and financial crisis which began in the second half of 2008 and
which resulted in a drop in economic activity. As the return to growth did not materialise until the end of 2009,
its favourable impact is minimal on the annual average change in payroll. The effects of the crisis on the
2009 financial statements can be measured at several levels: change downwards in payroll stemming from
the degradation in jobs in the private sector, recrudescence of partial unemployment, increase in the
remainder to be collected, in particular.
The payroll paid in France (Metropolitan and Dom) by private sector companies, measured by the base
declared for Social Security contributions decreased in 2009 by 1.3% as an annual average. This drop is a
first, with payroll, at worst, stagnating in the previous recessionary periods. Employment in the private sector
dropped 2.3% and the average salary per head increased by only +1%, this last change also showing the
effect of partial unemployment.
−
Collections in the public sector are down slightly in 2009 but nevertheless changed by 2%.
Contributions paid by the self-employed underwent many regulatory changes in 2008 and in 2009 which
complicates the interpretation of their changes.
The changes in regulations are comprised of:
The debit adjustment for revenue from 2007 of contributors who remained in quarterly payments, initially due
at the end of 2008, was postponed to 2009. In 2009, this adjustment formed €0.6 billion in collections for all
of the beneficiaries, with the debit adjustment concerning revenue from 2008 collected according to the
normal schedule.
The setting up of an adjustment on the basic old-age risks for "artisan-merchants" for revenue from N-1 and
the increase in the rate for the mandatory supplemental old-age plan for merchants.
The Order no. 2007-703 of 3 May 2007 aligned the procedures for collecting contributions for the basic oldage risk for artisan-merchants with those in the general plan and the illness risk of RSI. In 2009, not only was
the adjustment for the revenue of 2007 collected (which was spread over the provisional contributions for the
year), but also the adjustment for revenue from 2008, collected in November and December according to the
same principles as those that apply to the illness contribution or the family contribution. The amounts to
collect for contributions recognised in 2009 in terms of old-age risk therefore include incorporate two
adjustments.
The Order no. 2007-1900 of 26 December 2007, moreover, modified the rates for the mandatory
supplemental old-age plan. Beforehand the rate was 7% on revenue less than 4 ceilings. In 2009, the rate is
set in a derogatory manner to 7.1% for revenue less than the ceiling and to 7.5% for revenue between one
and four ceilings.
The amounts collected for CNRSI concerning the basic old-age adjustment for artisans and
merchants represent a total of €1,500 million in 2009, compared to €631 million in 2008.
-
The expansion of the "micro-social" plan via the setting up of the self-entrepreneur plan
- 66 -
The "micro-social" plan, which became effective in 2008, applies to persons that exercise an independent
non-agricultural activity (artisans and merchants) who generate a low amount of turnover.
The "self-entrepreneur" plan, introduced via the law for modernising the economy dated 4 August 2008, has
just extended, on 1 January 2009, the field of the "micro-social" plan to liberal professionals.
−
The "self-entrepreneur" plan is therefore intended for individuals who want to create an individual
company in order to exercise a commercial, artisanal or liberal activity, as the main activity or a
supplemental activity, and for which the amount of turnover does not exceed the thresholds of the micro
fiscal plan.
−
This simplified plan for the calculation and payment of social contributions and income tax opens up
tights to health insurance and retirement.
The income collected in 2009 from the "self-entrepreneur" plan stand at €80 million (excluding accrued
assets), including:
€5 million for income tax allocated to the State (DGFIP) ;
€8 million for death-invalidity and old-age contributions for CIPAV;
€4 million for illness contributions for CNRSI.
The family contributions and CSG on revenue of the self-employed recorded a non-recurring increase in
income in 2008 in terms of the alignment (see 3.2 supra). Except for the portion reverting to CADES, the
corresponding income represents €1.4 billion.
Increase in the 2008 base for comparison (unfavourable incidence on 2009):
−
CSG on revenue from property and investment: the dividends distributed starting in 2008 are deducted
at the source and not at the same time as income tax (social charges on income from property). In 2008,
CSG on the dividends of the year 2008 were therefore collected as they occurred but the CSG on the
dividends for the year 2007 were also collected in terms of CSG on revenue from property. Therefore,
two years of dividends were recognised in fiscal year 2008. This as such had an unfavourable
repercussion on the change in CSG on revenue from property in 2009, which is estimated to be
€950 million for the general plan alone.
−
The new "Fonds de Financement des Cotisations des Anciens Salariés des organismes de sécurité
sociale" income the law on the financing of social security for 2009 initiated starting on 1 January 2009, a
financing fund for "supplemental health" contributions for the former employees of social security bodies
(FFCSAS), managed by UCANSS. This is financed via the alignment of the pay of the Social Security
Bodies, (positive difference between the maintaining of the wages and the daily indemnities paid by the
CPAM). With regards to this, ACOSS centralised €20.33 million and paid back as requested by
UCANSS the sum of €4.43 million to the following partners AG2R, PREVOYANCE UNPMF (Union
Nationale de Prévoyance Mutualité Française), MEDERIC PREVOYANCE.
- 67 -
−
Transfer of 0.2% of CSG of FSV to CADES
Article 10 of the LFSS for 2009 modified the distribution of the CSG between the beneficiaries, by decreasing
by 0.20 point the fraction currently allocated to FSV in order to allocate it to CADES. This new distribution
between beneficiaries applies to the amounts and compensation paid starting on 1 January 2009.
The total income recognised in 2009 in terms of CSG allocated to CADES stands at €1,824 million and
reduces by the same amount the income allocated to FSV.
-
The transfer of FSV to CNAVTS of a fraction of the share of the 2% social charge on the
revenue from property and investment
Article 11 of the LFSS for 2009 modifies the distribution of the social charge between beneficiaries,
decreasing by 15 points the portion allocated to FSV (not centralised by Acoss), which changes to 5%, and
by increasing the portion allocated to CNAVTS by the same amount, which is now 30%. The portion
allocated to FRR (not centralised by ACOSS) does not change (65%).
The total income recognised in 2009 and allocated to CNAVTS in terms of the 2% social charge stands at
€657 million, compared to €413 million in 2008.
-
The increase in the rate of the contribution to the CMU-C fund
In application of Article L.862-4 of the CSS, the fund for financing for the supplemental protection for
universal health coverage (CMU-C fund) receives from mutual funds, welfare institutions and insurance
companies a contribution based on the contributions and premiums related to the supplemental protection in
terms of health.
Article 12 of the LFSS for 2009 modified the rate of the contribution, which changed from 2.5% to 5.9%.
The amount of income collected for the CMU-C fund stands at €1,521 million, up 208.50% compared to
2008.
-
The doubling of the rate of the contribution on retirement indemnities
Article 16 of the LFSS for 2008 had provided that the indemnities paid starting on 11 October 2007 in the
framework of a direct retirement, whether or not the employee has reached the age of 65, be subject to a
new employer contribution levied by the URSSAF and for which the income was allocated to CNAVTS. Its
rate, 25% on the indemnities paid from 11 October 2007 to 31 December 2008, was increased to 50% on 1
January 2009.
The total income recognised in 2009 in terms of this contribution stands at €529 million, compared to €209
million in 2008.
-
The collection for the Caisse de Prévoyance et de Retraite du Personnel de la SNCF (CPRP
SNCF)
The Caisse de Prévoyance et de Retraite des Personnels de la SNCF (CPRP SNCF) is a Social Security
body that provides management for the special Social Security plan that includes agents and former agents
of SNCF and their families.
- 68 -
It takes care of the liquidation and the payment of pensions and retirement services dispensed to former
permanent agents, welfare (health) services dispensed to agents and former permanent agents for
themselves and their families, in particular the services in kind for health insurance and death.
It collects for itself or for third parties, the income from the collections owed by SNCF and by its employees,
the contributions owed by the annuitants as well as the other revenue that is owed to them.
According to Article 20 of Order no. 2007-1056 concerning the resources of this body, CPRP SNCF can
delegate the collection and control operations. Via an agreement on 31 December 2008, it delegated these
operations to the URSSAF of Bouches du Rhône who collects the contributions starting on 1 January 2009.
As such, the amounts to collect for these contributions, treated on the balance sheet as third-party account,
represent €2,124 million in 2009.
Collections recorded directly on the Acoss head office account (185A):
These amount to €92.17 billion (excluding debt reversal), which is a decrease of 6.74% compared to 2008
and represent 24.46% of total collections.
The revenue paid into the Acoss head office account comes from two sources:
−
Acoss direct collections,
−
The joint cash flow management:
•
contributions and compensations covered by the various public entities (GIG, firemen),
•
the repayment of contributions by various bodies (CNRSI for the C3S, CNIEG for the contributions of
IEGs, and various contributions by CARMF, CNMSS, CAVIMAC),
•
reimbursements of services by various bodies (CLEISS, SASV, FSI, etc.),
•
the participation of the other Social Security plans in the joint expenses (DG, VIH, CCAA, CAMSP,
etc.),
•
compensations and other contributions.
The decrease in this revenue can be explained by:
The decrease in the payments of FSV by nearly €2.1 billion compared to 2008. As C3S is allocated with
priority to the cash flow of RSI, the latter decreases by the same amount the capacity of the Fund to
make its payments,
The collections on CSG investment and property are down -21.5% compared to 2008. The CSG on
revenue from investment dropped 13.5% in 2009, in light in particular of the base on real estate capital
gains. The CSG on revenue from property also decreased sharply (-29.3%). As the dividends for 2006
are no longer subject in 2009 to this levy, as they were levied through the CSG on revenue from
investment and the base having decreased.
- 69 -
-
The amounts for tax revenue compensating the general relief and overtime hours decreased 8%
in 2009.
Article 15 of the Law on Social Security Financing for 2009 confirms the suppression, in terms of tax revenue
allocated to Social Security, the consumption duties on alcohol and beer, as well as the consumption duty of
wine, benefitting an increase in the portion of the consumption duty on tobacco within the tax revenue
basket. This portion is extended from 10.26% to 37.95% of the total income from the consumption duty on
tobacco.
In addition, the amending law on finances for 2009, in virtue of Article 6, indicates that a portion of the
"consumption duty on tobacco" revenue intended for general relief is transferred to the TEPA system. This
revenue is allocated for 31.91% to general relief, 3.99% to compensate TEPA exemptions and 2.05% for
exemptions covered by the State budget.
Article 125 of the law on finances for 2009 also indicates that the portion of the consumption duty on tobacco
allocated to CNAMTS changes from 30% to 38.81%.
-
The employer contribution on employee savings plans and supplemental retirement: the 2%
"social lump sum"
According to Article 13 of the LFSS for 2009, the gains and compensation subject to CSG, but excluded for
the Social Security collections base are now subject to a 2% contribution at the expense of the employer
(general plan and territorial collectivities and administrations). The income from this contribution is allocated
to CNAMTS.
The total income for this contribution recognised in 2009 stands at €301 million. This contribution lessens
the drop in tax revenue.
3- Allocation of collections branch collections
Acoss handles the centralising of contributions collected from the contributors (companies, the selfemployed, private individuals, laboratories, etc.) via the network of Urssaf and Caisses Générales de
Sécurité Sociale (CGSS, or Social Security General Funds) in the DOM in its unique current cash account
opened with the Caisse des Dépôts et Consignations. It then carries out the repayment of these contributions
to nearly 620 beneficiaries.
st
The 1 category is comprised of beneficiaries that have a current account held by Acoss: the national funds
in the general plan.
−
CNAMTS – illness and industrial accident branch
−
CNAVTS
−
CNAF
- 70 -
nd
The 2 category includes the beneficiaries that Acoss supplies financially through cash transfers:
−
The other social security plans of which the main ones are CCMSA, CNRSI, FSV;
−
Miscellaneous private and special health insurance plans: CAVIMAC, SNCF, RATP, etc.
−
The State and miscellaneous public entities: CADES, FRR, FNAL, etc.
−
Miscellaneous third parties under private law: IRCEM, various FAF, URML, etc.
The distribution of contributions collected by the Urssaf and CGSS takes place in two steps. First of all via
the daily lump-sum allocations, then by a final adjustment at the end of the period. The table below details,
by beneficiary, the allocation of the collections.
- 71 -
DISTRIBUTION OF THE CONTRIBUTIONS COLLECTED
BY THE URSSAF - CGSS (network) and DIRECT COLLECTIONS (RD) TO ACOSS
FISCAL 2009
(In millions of euros €M)
BENEFICIARIES
CNAF
CNAM
CNAM AT
CNAV
Total general plan funds (a)
CCMSA
CNRSI
Alsace Moselle Local Plan
CANSSM
FSV CSG
FCAATA
Subtotal - Social Security Bodies (b)
Misc. Health Insurance Plans (CSG) (c)
Misc. Health Insurance Plans (tax
basket) (c)
Subtotal - general plan funds and SSB
(d)=(a)+(b)+(c)
CADES
FRR
CMU
DGFIP
CNSA
FNAL
HAS
ACAM
Subtotal - Public Entities
IRCEM
Pole Emploi Services (ex
UNEDIC/ASSEDIC)
Numb
er of Advances
2009
partn
ers
1
37 670,04
1 102 406,95
1
8 211,84
1
59 819,65
4 208 108,48
87,22
1
7 852,78
1
367,00
1
22,03
1
6 841,39
1
9,97
1
Adjustm
ents
2009
Allocation
NEtwork
RD
Total
Total 2008
network +RD
CHANGE
2009/2008
2 179,32
2 828,09
-58,08
874,54
5 823,87
0,00
-0,48
-36,08
3,74
96,82
-0,27
39 849,36
105 235,04
8 153,76
60 694,19
213 932,35
87,22
7 852,30
330,92
25,77
6 938,21
9,70
7 406,93
30 561,10
1 848,69
11 201,07
51 017,79
1 255,43
0,00
2,10
0,00
1 382,98
47 256,29
135 796,14
10 002,45
71 895,26
264 950,14
1 342,65
7 852,30
333,02
25,77
8 321,19
9,70
47 597,82
135 899,76
10 265,63
71 392,87
265 156,08
1 322,50
7 359,98
366,42
24,50
10 074,53
35,08
-0,72%
-0,08%
-2,56%
0,70%
-0,08%
1,52%
6,69%
-9,12%
5,18%
-17,40%
-72,35%
63,73
15 244,12
2 640,51
17 884,63
19 183,01
-6,77%
7 298,27
2,43%
6
15 180,39
12
7 475,54
7 475,54
0,00
7 475,54
6
4,70
4,70
147,13
151,83
236 656,71
53 805,43
290 462,14
291 637,36
-0,40%
5 202,80
2,18
511,66
35,72%
23,85%
148,83%
2 840,82
2 534,93
14,91
3,26
11 110,56
1 093,13
0,20%
-0,17%
18,98%
4,29%
23,66%
6,13%
24
230 769,11 5 887,60
1
1
1
1
1
1
1
1
8
1
5 519,71
2,70
1 270,54
4,01
2 590,33
1 591,09
17,74
3,44
10 999,56
1 163,66
108,06
0,00
2,63
0,31
-5,93
792,00
0,00
-0,04
897,03
-3,51
5 627,77
2,70
1 273,17
4,32
2 584,40
2 383,09
17,74
3,40
11 896,59
1 160,15
1 433,64
0,00
0,00
0,00
262,04
147,50
0,00
1 843,18
0,00
7 061,41
2,70
1 273,17
4,32
2 846,44
2 530,59
17,74
3,40
13 739,77
1 160,15
1
626,05
-1,96
624,09
0,00
624,09
610,11
2,29%
379
135,61
0,00
135,61
0,00
135,61
91,73
47,84%
CPRPSNCF
CIPAV
FAF ETI/EPM
URM
Transport Payments
Remittance to the URSSAF and other
third parties
Subtotal - other third parties
Total Third Parties (e)
1
1
2
26
170
2 116,56
10,38
63,31
18,66
5 782,73
0,00
-3,11
11,79
1,99
0,00
2 116,56
7,27
75,10
20,65
5 782,73
0,00
0,00
0,00
2 116,56
7,27
75,10
20,65
5 782,73
66,22
15,66
5 629,84
13,41%
31,86%
2,72%
1 825,71
0,00
1 825,71
0,23
1 825,94
3 404,84
-46,37%
11 742,67
22 742,23
5,20
902,23
11 747,87
23 644,46
0,23
1 843,41
11 748,10
25 487,87
10 911,53
22 022,09
7,67%
15,74%
GRAND TOTAL (d)+(e)
617
253 511,34 6 789,83
260 301,17
55 648,84
315 950,01
313 659,45
0,73%
Welfare Institution and Supplementary
retirement / Holiday Pay Fund for
Construction Profession
581
- 72 -
The mechanism of daily lump-sum allocations of cash flow.
Each month, the allocation bases calculated using creations of cash-flow profiles as well as the adjustments
made concerning atypical changes in prior months are determined by ACOSS.
These allocation bases, incorporated into the cash flow system, make it possible: on the one hand, to calculate
and automatically allocate the current account of the national funds with the provisional payments intended for
them, and on the other had to determine the lump-sum amount to pay back to FSV and CADES.
A percentage of the fund is kept in terms of the other third parties for which the frequency of advance payments
can be monthly, quarterly or annually (e.g.: IRCEM, FAF, URM, CMU fund, CNSA, etc.) according to the
measures provided for by regulatory texts or agreements concluded with third parties.
At the end of the period, subsequent to the final distribution stemming from the centralisation of the Urssaf
accounting results, the accounting agency performs an adjustment for each beneficiary via the difference
between the amounts that are actually due and the advances paid.
IV-
Acoss financial instruments
Acoss is authorised to have recourse to borrowing in order to cover it needs in working capital up to the ceiling
for advances set forth by the Social Security Financing Law (€29 billion in 2009).
In 2009, recourse to borrowing was carried out in the framework:
of an agreement concluded with the Caisse des Dépôts et Consignations on 21 September 2006 for the
2006-2010 period, effective 1 January 2006 and an amendment to the agreement of 16 July 2009.
of a programme of issuing commercial paper than can reach a ceiling of €11.5 billion since 24 September
2007.
On 16 July 2009, Acoss and the Caisse des Dépôts et Consignations signed an amendment to the agreement
governing their financial relations.
This amendment adapts the procedures for making cash flow advances available at financial market conditions
in 2009. Indeed, the agreement of 21 September 2006 had been signed by both partners in a stable financial
and monetary market environment. The negotiations addressed, among other things, the cost of the cash flow
advances in the event of exceptional need of the Agency as well as the procedures concerning commitment
between the two parties.
The procedures for this amendment are applied only in the event of exceptional circumstances. The conditions
provided for in the initial agreement apply again as soon as the markets return to a normal situation.
- 73 -
The financial cost of financing in an exceptional period stood at €5.98 million for 2009.
In 2009, the total financial expense supported by the branch stood at €97.76 million compared to
€839.16 million in 2008. This change can be explained by the very low level of the EONIA rate in 2009.
Indeed, the average of the latter was 0.72% instead of 3.86% in 2008. In addition, ACOSS borrowed less
this year due to the reversal of the debt in the General Plan via CADES.
1- CDC advances within the framework of the agreement of 21 September 2006
1.1.
Predetermined advances
These allow Acoss to borrow in advance, for a given period, an amount that is set beforehand (in brackets of
€100 million above a minimum of €500 million). Due to the reduction in uncertainty for the lender, predetermined
advances are the least expensive among those that the agreement provides for. Indeed, Acoss makes a
commitment one month in advance on the exact amount and the duration of the loan.
Within the framework of the 2006 agreement, the rates applied according to the durations are as follows:
1 and 6 months Eonia +5 base points,
14 and 29 calendar days Eonia +10 base points,
7 and 13 calendar days Eonia +11.5 base points.
During 2009, recourse to predetermined advances was utilised 48 times for a total of €152.10 billion, with the
corresponding interest amounting to €56.30 million.
The last reimbursement of the period was carried out on 31 December 2009, bringing the balance as such to
zero.
1.2.
Advances that can be mobilised in 24 hours
In order to avoid the risk of over-mobilisation, predetermined advances only partially cover the forecast need in
cash flow for a given period, since the daily adjustment to needs is carried out thanks to the day-by-day
advances.
Within the framework of the new agreement, the rate for these advances is: Eonia +15 base points
At the end of 2009, the balance of these advances is €14.75 billion fully repaid in January 2010.
1.3.
Day-for-day exceptional advances
Acoss has the possibility of setting up an additional advance in exceptional cases, day-for-day, a maximum of 5
times per civil year, of €100 million if the request is made before 11:30 a.m. and €50 million if the request is sent
before 5 p.m. at the rate: Eonia +40 base points.
As needed, a higher amount for the advance can be mobilised after consultation between Acoss and the Caisse
des Dépôts et Consignations.
In 2009, Acoss did not set up any supplementary extraordinary advance.
- 74 -
1.4.
Exceptional cash facilities
In the event the ceiling of advances in the Social Security Financing Law (LFSS) were to be raised via a decree
during the course of the year, the Caisse des Dépôts et Consignations can grant Acoss an exceptional cash
facility, for which the conditions are set forth when this facility is opened. This system is provided for in the event
the ceiling authorised by the LFSS is exceeded.
For the period from 21 September to 31 December 2009, in accordance with Article 12 of the CDC/ACOSS
agreement and due to the increase in the ceiling of non-permanent resources to €29 billion (Order no. 2009-939
of 29 July 2009), a request for the opening of an exceptional cash flow facility was sent to CDC for an amount of
€2.5 billion from 9 to 25 November 2009 and again for the same amount from 1 December to 22 December
2009, for an amount of €5 billion over the period.
The interest expense on exceptional cash flow facilities stood at €1.79 million for 2009
1.5.
The fluctuation tunnel in cash flow needs
The Acoss/Caisse des Dépôts et Consignations agreement of 21 September 2006 stipulates that a schedule for
the provisional needs in financing be sent on a monthly basis by Acoss to the Caisse des Dépôts et
Consignations. The provisional needs in financing (all instruments taken as a whole, excluding commercial
paper) pertain to the upcoming 3 months and commit ACOSS for 3 sliding months.
For each of the three months, a fluctuation tunnel for the need is determined. A penalty is applied in the
event these tunnels are exceeded, whether upwards or downwards. The penalties concern the
difference between the provisional value and the value observed for the tunnel for the month in
question.
For 2009, the fluctuation tunnel penalties stood at €0.93 million compared to €0.34 in 2008.
2- The commercial paper programme
In accordance with the orientations of the Convention d’Objectifs et de Gestion 2006/2009 between the State
and Acoss in order to optimise the cash flow management for the general plan and in order to provide security
in financing, Acoss has diversified its sources of financing by setting up a programme of commercial paper,
negotiable instruments in the financial markets with short-term maturity making it possible to benefit from more
attractive borrowing rates. The LFSS for 2007 of 21.12.2006 in Article 43 authorises Acoss to issue commercial
paper, and Article L213.3 of the Monetary and Financial code is supplemented with an Article 10 that mentions
Acoss as an establishment that is authorised to issue commercial paper.
In 2007, the Banque de France approved the raising of the ceiling for the commercial paper programme, which
changed from 6.5 to 11.5 billion euros. The supervisory authorities authorised by letter of 27 July 2006, the
issuing of commercial paper up to €5 billion for banking markets. (The difference between the ceiling of €11.5
billion and the amount of €5 billion is reserved for bilateral transactions with the State and other public
establishments).
- 75 -
At 31 December 2009, outstanding commercial paper was €9.55 billion:
Special issue of securities purchased by a single subscriber: Agence France Trésor (bilateral
transaction with the State for €5 billion within the framework of optimising the management of the public
debt):
-
on 09 December 2009 for a nominal amount of €2 billion, for a period of 26 days (9 December
2009 - 4 January 2010),
-
then on 21 December 2009 for a nominal amount of €3 billion, for a period of 16 days (21
December 2009 - 6 January 2010),
-
Issue of 4.55 billion euros in commercial paper subscribed by BNP, Société Générale, BRED,
ING Belgium SA, Calyon, New Edge and CNSA (bilateral transaction with a third party for €1.43
billion for 2009 within the framework of optimising the cash flow management of the social
sphere)
Note that the financial context at the end of 2009, the source of major uncertainties for investors, was
particularly favourable for issuers of commercial paper deemed reliable and was materialised by a substantial
increase in subscription requests. This flight to quality is fully benefitting Acoss, as it issued in December
commercial paper at prices less than Eonia for maturities of less than 1 month and, this, for amounts greater
than €1 billion for 2 commercial papers. As such, for issuers of commercial paper, the financing conditions have
improved punctually, but Acoss nevertheless remains dependent on the general market conditions.
For 2009, Acoss issued 312 commercial papers for a total nominal amount of €118.94 billion. The amount of
interest over the same period stands at €27.52 million.
V-
Interest distribution
Article R 255-7 of the Social Security code stipulates that the difference between the sum of receivable and
payable interest resulting from the daily management of the cash flow of each branch in the general plan and
the sum of the interest resulting from the joint management of branch cash flow be posted to Acoss books.
In order to comply with the principle of non compensation of expenses and income, a breakdown of expenses
and income was done in the financial statements for fiscal year 2009. Chapter 4 accurately tracks this change,
which is devoid of a budgetary impact.
This financial income participates in determining the contribution of the national funds to FNGA (see chapter 2
supra).
For fiscal 2009, the total for interest billed by the Caisse des Dépôts et Consignations, representing the financial
costs generated on the unique current cash account (CUDC), stood at €97.77 million for various borrowings,
advances and commercial paper.
- 76 -
The total of interest receivable compensating the positive balances of the CUDC stood at €2.20 million,
compared to €6.77 million in 2008.
In 2009, the average interest rate applicable to the daily accounting balances of the branches of the general
plan of 0.795% was set down by the Order of 22 February 2010.
According to this new calculation, the total interest expense for the daily balances of the branches, stand at
€117.13 million for the miscellaneous financial expenses.
Moreover, €12.95 million is recognised for interest receivable for the branches
In millions of euros (€M)
2009
Branch Interest
Debtors
Creditors
Balance (1)
CDC Interest
Debtors
Creditors
Balancee (2)
FNGA revenue (2) - (1)
2008
Change 2009/2008
in M €
In %
117,13
12,95
-104,18
1 035,97
104,32
-931,65
-918,84
-91,37
827,47
-88,69%
-87,59%
-88,82%
97,76
2,20
-95,56
8,62
839,16
6,77
-832,39
99,26
-741,40
-4,57
736,83
-90,64
-88,35%
-67,50%
-88,52%
-91,32%
An expense of €95.56 million is therefore to be charged to the general plan (see Appendix 2 – Table 3).
This amount was distributed as follows amongst the branches and Acoss:
Financial expense
for CNAMTS-AM
-€53.59 million
for CNAMTS – AT
for CNAVTS
-€10.55 million
-€52.99 million
for CNAF
for FNGA of Acoss
€12.95 million
€8.62 million
- €104.18 million
Financial income
Total net interest
The tables in Appendix 2 provide details on:
−
The type of financial income and expense in the Acoss account to be distributed (cf. Appendix 2 Table 3).
−
The distribution of the branch income and expense according to their daily cash flow balance (cf.
Appendix 2 - Table 4).
- 77 -
PART: IV
The artist-author plan
- 78 -
In accordance with Articles R 382.1 et seq. of the Social Security Code, the Central Agency:
receives from the approved bodies - AGESSA and Maison des Artistes – the income from the personal
contributions of artists, contributions from publishers of works, the general social contribution, the social
debt repayment contribution and, since 1996, the illness general social contribution.
provides the cash flow of the two bodies through payment of quarterly advances that are adjusted at the
end of the period, corresponding to the allocation of a budget authorised by Acoss and financed by the
national funds of the general plan.
Sanitary and social action in favour of the affiliates
The Law of 4 February 1995 and the implementation order no. 95-649 of 9 May 1995 institute a social action in
favour of the affiliates of the Maison des Artistes and of AGESSA, financed by a fraction levied on the
contribution of the publishers of 1.5% (order no. 95-649 of 9 May 1995) (cf. Appendix 4 – Table 8).
These legislative and regulatory measures led Acoss to adapt, in liaison with the supervisory authorities, certain
management rules. Currently, an agreement defines the methods of financing AGESSA and MDA as well as the
calculation and use of the funds for social action.
All of the contributions collected by AGESSA and MDA are paid each day into the Acoss head office
account.
The contributions are distributed between CNAMTS and CNAVTS on a monthly basis.
The contributions are allocated to the benefitting bodies at the end of the year.
On the other hand, the CSG and CRDS are paid as they are collected to CNAF, CNAMTS, FSV, CNSA and
CADES.
The collections of disputed receivables for artists-authors have been managed by the Urssaf and the CGSS
since 01/01/2002. These receivables are processed directly in the branch's production system. The Acoss
accounting information is produced by the roll-ups pertaining to the distribution of the Urssaf balances. The
contributions collected by the Urssaf are fully distributed at the end of the period.
At the end of each period, the fraction of the "publisher" contribution intended to finance the social action is
isolated in a special account (€0.338 million in 2009).
The balance of the "publisher" contribution is then allocated to each national fund in accordance with Article
2 of the order of 9 May 1995.
The fraction of the "publisher" contribution reserved for Social Action, makes it possible to offset the Illness
and old-age contributions of the affiliates in the artist-author plan that are experiencing difficulty and are
covered by the Social Action Commission. The repayment of the contributions to CNAMTS and CNAVTS is
determined subsequent to the acceptance of coverage of all or a portion of the contributions during the
periodic sessions of the Social Action commission of Agessa and the MDA.
- 79 -
The unused balance of this fraction stands for the period at 31/12/2009 at €1.38 million, broken down as
follows:
€0.003 million
€0.01 million
€0.07 million
€0.10 million
€0.13 million
€0.11 million
for 1995
for 1997
for 1998
for 1999
for 2000
for 2001
€0.8 million
€0.10 million
€0.00 million
€0.00 million
€0.03 million
€0.24 million
for 2002
for 2003
for 2004
for 2005
for 2006
for 2007
€0.15 million
€0.34 million
for 2008
for 2009
In light of the unused annual cash flow surpluses in terms of the funds allocated to social action in this
plan, a request has been submitted by the profession involved to the Ministry of Health and Solidarity, at
the end of 2004, to improve the conditions of coverage, in terms of social action, of the Social Security
contributions owed by the artists-authors that are experiencing economic difficulties. Order no. 20051169 of 13 September 2005 amended Article R 382-24 of the Social Security code via a widening of the
coverage conditions for the granting of social action.
In 2009, details for the cash flow movements carried out between the general plan, the Maison des Artistes and
AGESSA are provided in the table hereinbelow:
Revenue and expenses for artists-authors – 2009
CNAM
CNAV
CNAF
FSV
FSV part CADES
CNSA
CADES
Contributions CSG 5,1+0,19
Contributions
CSG 1,08
CSG 0,03
CSG 0,20
CSG 0,10
CRDS 0,50
6 364 225,17
4 891 024,89
1 178 560,21
61 171 219,00 13 538 031,00 12 488 643,00
9 597 752,00
2 312 712,00 1 156 355,00 5 800 300,00
92 425 426,68 38 727 384,41 18 852 868,17 14 488 776,89
3 491 272,21 1 745 635,11 8 673 176,27
MDA
Contributions
social action
allocation
3 411 820,22
31 254 207,68 24 618 932,90
35 688,41
288 424,59
589 280,11 2 872 876,27
AGESSA
Contributions
social action
allocation
Total
cotisations
Contributions
8 961 356,00
17 430,58
12 426 295,21
8 073 971,96
Total revenue
20 500 267,17
Expenses
45 189 135,27
281 995,92
5 172 544,41
7 980 137,00
92 425 426,68 43 899 928,82 26 833 005,17 14 488 776,89
21 981 074,34
4 573 794,77
- 80 -
3 491 272,21 1 745 635,11 8 673 176,27
Part V: Appendices
- 81 -
Appendix 1 – Table 1
SUMMARY STATEMENT OF OPERATING AND INVESTMENT EXPENSES AND REVENUE
(including Contribution of the National Funds) – Fiscal 2009
Collections
Branch
OPERATING EXPENSES
Allocation to Basic Bodies
Investment grants to the URSSAF
AGEPRET grants and solidarity contracts
AGIRC-ARRCO contributions
Other current management misc. charges
Interest on CDC advances
Interest on Commercial Paper
Interest on forecast tunnels
Interest expenses – relations with branches
HAS interest expense
Joint
Operations
ACOSS
Collections
Branch
Joint
Operations
2009
1 040 645 878,75
0,00
1 000 000,00
8 705 248,04
32 462 938,59
69 311 677,93
27 525 777,24
927 648,35
14 871 478,55
7 175,59
OPERATING REVENUE
Contribution - CNAMTS-illness
Contribution - CNAMTS-Ind. Acc.
Contribution - CNAVTS
Contribution - CNAF
Contribution - FNAL
Contribution - IRCEM
Contribution - UNEDIC
Contribution - FAF-ETI
Contribution - Unions Régionales de médecins
Contribution - Old-Age Solidarity Fund
Contribution - CADES
Contribution - Alsace-Moselle plan
Contribution - FAF EPM/PCM
Contribution - ANPE for DPAE
Contribution - AGEFOS
Contribution - TTS DOM
Contribution - Mines
Contribution - CNSA CSG
Contribution - CNSA contributions
Contribution - FCAATA Fund
Soc. charge on transport payment
Other current management misc. revenue
Interest income-decree 95-196 of 24/2/95
Receivable interest on current account
SUBTOTAL
Services rendered to INSEE
Services rendered to ANSP
Services rendered to UNEDIC
Services rendered to Misc. bodies
SUBTOTAL
N3S financing
CLEISS financing
Artists-authors plan financing
Contribution – CNAVTS-DADS and TDS
Contribution – CANAM for decl. revenues
Contribution – Mayotte social security
Contribution - Unedic
Contribution – GIP-SPS
Contribution – GIP-MDS
SUBTOTAL
Contribution – ACOSS expenses
1 195 457 823,04
9 525 355,00
4 719 000,00
8 090 253,55
1 858 861,00
3 285 102,00
2 791 414,15
1 834 897,84
584 435,28
4 064 675,00
36 753 993,82 SUBTOTAL
76 272 401,31 Operating revenue
TOTAL OPERATING EXPENSES
Advances to basic bodies
1 308 484 218,17 TOTAL RECETTES DE FONCTIONNEMENT
48 733 835,61 Reimbursement – Basic bodies
Reimbursement – to GA of ACOSS
48 733 835,61 SUBTOTAL
128 700,00
0,00
32 949,00 Reimbursement – CSGG MAYOTTE
161 649,00 SUBTOTAL
48 895 484,61 TOTAL CAPITAL REVENUE
1 357 379 702,78 TOTAL FOR BALANCE
SUBTOTAL
Advances to CLEISS
Advances to Artists-Authors
Advances to CGSS MAYOTTE
SUBTOTAL
TOTAL CAPITAL EXPENSES
TOTAL FOR BALANCE
- 82 -
2009
538 204 015,23
42 212 079,63
284 931 537,47
189 954 358,32
14 298 554,22
6 680 810,64
3 583 448,97
1 303 125,65
93 283,91
41 605 643,42
35 306 738,10
1 665 082,21
72 303,73
316 469,88
- 14 131,27
1 947,50
128 399,36
4 950 691,79
9 281 485,65
1 459 241,82
0,00
952 922,32
119 051 805,90
2 198 193,25
1 298 238 007,70
400 000,00
0,00
- 431 987,00
1 259 435,79
1 227 448,79
0,00
1 299 465 456,49
51 372 813,33
6 523 961,83
57 896 775,16
17 471,13
17 471,13
57 914 246,29
1 357 379 702,78
Appendix 1 – Table 2
CONTRIBUTION OF NATIONAL FUNDS AT 31 DECEMBER 2009
(Order of 20/12/2001)
OPERATING EXPENSES - OPERATING REVENUE = CONTRIBUTION OF NATIONAL FUNDS
TOTAL TABLE 1
1 357 379 702,78
302 077 712,13
1 055 301 990,65
Distribution according to Article 3 of the Order of 20/12/2001 between the four branches:
CNAMTS ILLNESS
CNAMTS AT/MP
CNAVTS
CNAF
51%
4%
27%
18%
538 204 015,23
42 212 079,63
284 931 537,47
189 954 358,32
100%
1 055 301 990,65
- 83 -
Appendix 2 – Table 3
TYPE OF INVESTMENT EXPENSE AND REVENUE AT 31/12/2009
FISCAL 2009
Financial income and expenses
REVENUE
TOTAL AMOUNT
Interest receivable on CDC account - T 473121
G 7681
TOTAL REVENUE (A)
2 198 193,25
2 198 193,25
EXPENSES
TOTAL AMOUNT
Interest payable on CDC advances - T 473512
G 66811
5 254 298,57
Interest payable on predetermined advances - T 473512
G 66811
56 299 561,30
Interest payable on exceptional cash flow facilities – T 473512
G 66811
1 782 916,67
Financing conditions in exceptional period – T 473512
G 66811
5 974 901,39
Interest on Commercial Paper - T 473124
G 66812
27 525 777,24
Interest on forecast tunnels for the
financing needs of Acoss - T 473125
G 66813
927 648,35
TOTAL EXPENSES (B)
97 765 103,52
NET AMOUNT OF ACOSS INTEREST (A) - (B)
- 95 566 910,27
- 84 -
Appendix 2 – Table 4
DISTRIBUTION OF FINANCIAL EXPENSE AND INCOME – FISCAL 2009 –
(Decree 95-196 of 24 February 1995 – Journal Officiel of 26 February 1995)
ILLNESS
BRANCH
-14TH QUARTER 2008
-Debtors
-Creditors
1ST QUARTER 2009
-Debtors
-Creditors
2ND QUARTER 2009
-Debtors
-Creditors
3RD QUARTER 2009
-Debtors
-Creditors
4TH QUARTER 2009
-Temporary debtors
-Temporary creditors
GRAND TOTAL
-Debtors
-Creditors
NET TOTAL
-4 755 849,07
-Results at 31-12-09
INDUSTRIAL
FAMILY
ACCIDENTS
BRANCH
BRANCH
-2-33 413 128,13
OLD-AGE
BRANCH
TOTAL
INTEREST
-4-
5 = (1+2+3+4)
-2 371 524,99
-3 714 245,93
70 475,97
16 224,01
5 744 939,25
14 100 949,58
140 499,57
26 296 843,56
5 885 438,82
4 696 935,27
8 417 460,31
11 915,12
22 147 717,72
4 708 850,39
13 442 029,68
30 688 722,99
3 561 041,46
70 475,97
10 992 797,67
1 186 872,30
12 610 322,11
1 119 935,30
14 929 490,01
2 317 203,30
3 561 041,46
19 806 665,29
2 516 557,20
1 752 063,54
645 671,91
19 557 481,53
43 632 767,56
645 671,91
53 583 426,01
0,00
10 553 696,23
0,00
1 768 287,55
14 719 063,86
53 146 396,11
152 414,69
119 051 805,90
14 871 478,55
-53 583 426,01
-10 553 696,23
12 950 776,31
-52 993 981,42
-104 180 327,35
CDC INTEREST
Difference between the interests for branches
and CDC
The compensation rates applied to the accounting balances of the cash flow of the branches are as follows:
See enclosed note
- 85 -
-95 566 910,27
8 613 417,08
Appendix 2 – Table 5
EXPENSES CHARGED TO THE NATIONAL FUNDS OVER 5 YEARS
INTEREST AND CONTRIBUTIONS - FNGA
2005
2006
2007
2008
Interest
Interest
Interest
Interest
Total
Total
Total
Contribu charged
Contribu charged
Contribu charged
Contribu charged
expenexpenexpenBODIES
tions
to the
tions
to the
tions
to the
tions
to the
ses
ses
ses
branches
branches
branches
branche
Total
expenses
2009
Interest
Contribu charged
tions
to the
branche
Total
expenses
CNAMTS
527,76
44,43
572,19
509,47
132,55
642,02
522,76
273,38
796,14
508,66
385,55
894,21
580,42
64,13
644,55
Illness
489,38
55,78
545,16
472,42
126,61
599,03
484,74
250,75
735,49
471,67
367,23
838,90
538,21
53,58
591,79
38,38
-11,35
27,03
37,05
5,94
42,99
38,02
22,63
60,65
36,99
18,32
55,31
42,21
10,55
52,76
CNAF
172,72
-82,11
90,61
166,74
-56,77
109,97
171,08
-48,53
122,55
166,47 -103,41
63,06
189,95
-12,95
177,00
CNAVTS
259,08
91,14
350,22
250,11
256,55
506,66
256,63
491,78
748,41
249,71
649,51
899,22
284,93
53
337,93
TOTAL
959,56
53,46 1 013,02
926,32
332,33 1 258,65
950,47
716,63 1 667,10
924,84
931,65 1 856,49
1055,3
Ind. Acc.
- 86 -
104,18 1 159,48
Appendix 2 – Table 6
- 87 -
Appendix 3 – Table 7
- 88 -
Appendix 3 – Table 7
- 89 -
Appendix 3 – Table 7
- 90 -
Appendix 4 – Table 8
ARTISTS – AUTHORS 2009
I-
2009 SOCIAL ACTION ALLOCATION ON CONTRIBUTIONS COLLECTED DURING THE PERIOD
T 4564521 :
II -
€21,549,901.90 x 1.5 % = €323,248.53
DISTRIBUTION OF THE PUBLISHER CONTRIBUTION TO THE NATIONAL FUNDS
Cotisations attribuées
au cours de l'exercice
CNAM
Dépenses des Branches
COTIS
12 373 176,22 Régul 2008
CSG
92 425 426,68 Dép 2009
A.SOC.
53 118,99
TOTAL
104 851 721,89
COTIS
38 156 963,90
CNAV A.SOC.
570 420,51
TOTAL
38 727 384,41
TOTAL
489 135,27
44 700 000,00
45 189 135,27
21 981 074,34
Régul 2008
CNAF
A attribuer
-426 205,23
Dép 2009
5 000 000,00
TOTAL
4 573 794,77
4 573 794,77
III -
REMAINDER TO BE ALLOCATED ON CONTRIBUTION
-
€21,549,901.90 Publishers Contributions
€323,248.53 Social Action
€4,573,794.77 CNAF Expenses
€16,652,858.60
IV ALLOCATION OF THE PUBLISHER CONTRIBUTION: (Application note from the Ministry of
Social Affairs of 13.04.1995)
CNAM
CNAV
CNAF
€16,652,858.60 x 48.484% = €8,073,971.96
€16,652,858.60x 31.061% = €5,172,544.41
€16,652,858.60 x 20.455% = €3,406,342.23
V-
TOTAL ALLOCATION TO THE NATIONAL FUNDS
CNAM
CNAV
CNAF
EXPENSES/CONTRIBUTIONS
4,573,794.77
CONTRIBUTION
8,073,971.96
5,172,544.41
3,406,342.23
- 91 -
TOTAL
8,073,971.96
5,172,544.41
7,980,137.00
Appendix 5 – Table 9
- 92 -
Appendix 5 – Table 10
- 93 -
Appendix 5 – Table 11
- 94 -
Appendix 5 – Table 12
- 95 -
Appendix 5 – Table 12
- 96 -
Appendix 5 – Table 12 bis
- 97 -
Appendix 6 – Table 13
- 98 -
Glossaire
AAH:
Allocation Adultes Handicapés (Handicapped Adult Allocation)
ACAA:
Allocation de Cessation Anticipée d’Activité des Victimes de l’Amiante (Allocation for Early
Work Stoppage of Asbestos Victims)
ACCT:
Agence Comptable Centrale du Trésor (Central Accounting Agency of the Treasury)
ACIP:
Association des Cadres de l'Industrie Pharmaceutique (Pharmaceutical Industry Executive's
Association)
ACOSS:
Agence Centrale des Organismes de Sécurité Sociale (Central Agency of Social Security
Bodies)
AF:
Allocations Familiales (Family Allocations)
AFEAMA:
Aide à la Famille pour l'Emploi d'une Assistante Maternelle Agréée (Family Assistance for the
Employment of an Accredited Child Minder)
AFSSAPS:
Agence Française de Sécurité Sanitaire des Produits de Santé (French Health Products
Safety Agency)
AGED:
Allocation de Garde d'Enfant à Domicile (Allocation for Child Minding at Home)
AGEFICE:
Association de Gestion du Financement de la Formation des Chefs d’Entreprise (Financial
Management Association for the Training of Company Heads)
AGEPRET:
Association de Gestion de la Pré-Retraite (Pre-Retirement Management Association)
AGESSA:
Association pour la Gestion de la Sécurité Sociale des Auteurs (Association for the Social
Security Management of Authors)
AGIRC:
Association Générale des Institutions de Retraites des Cadres (General Association of
Institutions for Executive Retirement)
AGS:
Assurance pour la Garantie des Salaires (Wage Guarantee Insurance)
AM:
Assurance Maladie (Health Insurance)
AMEXA:
Assurance Maladie des Exploitants Agricoles (Health Insurance of Agricultural Operators)
ANPE:
Agence Nationale Pour l’Emploi (National Office for Employment)
ANV:
Admission en Non-Valeur (Write-Offs)
AOT:
Autorité Organisatrice de Transport (Transportation Organising Authority)
APA:
Aide Personnalisée à l’Autonomie (Autonomy Personalised Assistance)
API:
Allocation de Parents Isolés (Single Parent Allocation)
ARA:
Allocation de Retour à l’Activité (Return to Activity Allocation)
ARPE:
Allocation de Remplacement Pour l’Emploi (Replacement Allocation for Employment)
ARRCO:
Association de Régime de Retraites Complémentaires Ordinaires (Association of Ordinary
Supplemental Retirement Plan)
ARTT:
Aménagement et Réduction du Temps de Travail (Arrangement and Work Time Reduction)
ASA:
Allocation Spécifique d’Attente (Specific Interim Allocation)
- 99 -
ASSEDIC:
Association pour l'Emploi dans l'Industrie et le Commerce (Association for Employment in
Industry and Commerce))
AT:
Accidents du Travail (Industrial Accidents)
ATIH:
Agence Technique de l’Information sur l’Hospitalisation (Technical Agency on Hospitalisation
Information)
AV:
Assurance Vieillesse (Old-Age Insurance)
AVA:
Assurance Vieillesse des Artisans (Artists' Old-Age Insurance)
BMAF:
Base Mensuelle de calcul des Allocations Familiales (Monthly Basis for Family Allocation
calculation)
BRC:
Bordereau Récapitulatif de Cotisations (Contribution Summary Sheet)
BTAN:
Bon du Trésor à taux Annuel Normalisé (Standardised Annual Rate Treasury Bill)
BTF:
Bons du Trésor à taux Fixes (Fixed-Rate Treasury Bills)
CADES:
Caisse d’Amortissement de la Dette Sociale (Social Debt Depreciation Fund)
CAE:
Contrat d'Accès à l'Emploi (Employment Access Contract)
CAF:
Crédits à Affecter (Credits to be Allocated)
CAF:
Caisse d'Allocations Familiales (Family Allocation Fund)
CAMSP:
Centre d’Actions Médico-Sociales Précoces (Centre for Precocious Medical-Social Action)
Caisse Nationale d'Assurance Maladie et Maternité des Travailleurs Non Salariés des
CANAM:
Professions Non Agricoles (National Health Insurance and Maternity Fund for the NonAgricultural Self-Employed)
CANSSM:
Caisse Autonome Nationale de Sécurité Sociale dans les Mines (Miner's Social Security
National Autonomous Fund)
CAPSSA:
Caisse de Prévoyance des Agents de la Sécurité Sociale et Assimilés (Welfare Fund for
Social Security and Similar Agents)
CARMF
Caisse Autonome de Retraite des Médecins de France (Autonomous Retirement Fund for
Doctors of France)
CAVIMAC:
Caisse d’Assurance Vieillesse Invalidité et Maladie des Cultes (Illness, Invalidity and Old-Age
Insurance Fund for forms of Worship)
CCAA:
Centres Cure Ambulatoire en Alcoologie (Ambulatory Cure Centres for Alcohol)
CCAMIP
Commission de Contrôle des Assurances Mutuelles et Institutions de Prévoyance
(Commission for the Control of Mutual Insurance and Welfare Institutions)
CCIP:
Chambre du Commerce et de l’Industrie de Paris (Paris Chamber of Commerce and Industry)
CCMSA:
Caisse Centrale de la Mutualité Sociale Agricole (Central Fund for Agricultural Social Mutual)
CCN:
Convention Collective Nationale (National Collective Bargaining Agreement)
CCP:
Comptes Chèques Postaux (Postal Checking Account)
CDC:
Caisse des Dépôts et Consignations (Deposit and Consignment Office)
CDD:
Contrat à Durée Déterminée (Fixed-Length Employment Contract)
- 100 -
CEA:
Chèque Emploi Association (Employment Voucher Association)
CED:
Compte Externe de Disponibilités (Available Cash External Account)
CERTI:
Centres Régionaux de Traitement Informatique (Regional Computer Processing Centres)
CFPA:
CSG sur revenus du patrimoine part CNAF (CSG on revenue from property, CNAF share)
CFPL:
CSG sur revenus de placement part CNAF (CSG on investment income, CNAF share)
CG:
Conseil Général (General Council)
CGI:
Code Général des Impôts (General Tax Code)
CGSS:
Caisse Générale de Sécurité Sociale des départements d’outre-mer (Social Security General
Fund for Overseas Departments)
CIE:
Contrat Initiative Emploi (Employment Initiative Contract)
CIRMA
Contrat d’Insertion Revenu Minimum d’Activité (Minimum Activity Revenue Integration
Contract)
CLEISS:
Centre de Liaisons Européennes et Internationales de Sécurité Sociale (Social Security
European and International Liaison Centre)
CMAF:
Caisse Maritime d’Allocations Familiales (Maritime Family Allocation Fund)
CMD:
Contribution de Maintien de Droits (Benefit Safeguard Contribution)
CMPA:
CSG sur revenus du patrimoine part maladie (CSG on income from property, illness share))
CMPL:
CSG sur revenus de placement part maladie (CSG on investment income, illness share)
CMU:
Couverture Maladie Universelle (Universal Health Coverage)
CNAF:
Caisse Nationale d’Allocations Familiales (Family Allocation National Fund)
CNAMTS:
Caisse Nationale de l’Assurance Maladie des Travailleurs Salariés (Salaried Worker Health
Insurance National Fund)
CNAVTS:
Caisse Nationale d’Assurance Vieillesse des Travailleurs Salariés (Salaried Worker Old-Age
Insurance National Fund)
CNAVTS-TDS:
Caisse Nationale d’Assurance Vieillesse des Travailleurs Salariés – Transfert des Données
Sociales (Salaried Worker Old-Age Insurance National Fund – Social Data Transfer)
CNIEG
Caisse Nationale des Industries Electriques et Gazières (Electricity and Gas Industry National
Fund)
CNIR Paris:
Centre National d’informatique du Recouvrement Paris (Paris National Computer Collections
Centre)
CNIR Sud
Centre National d’informatique du Recouvrement Sud (Valbonne) (National South Computer
Collections Centre - Valbonne)
CNMSS
Caisse Nationale Militaire de Sécurité Sociale (National Military Social Security Fund)
CNSA
Caisse Nationale Solidarité Autonomie (Autonomy Solidarity National Fund)
CNTCES:
Centre National de Traitement du Chèque Emploi Service (National Employment Voucher
Service Processing Centre)
COAL:
Cotisations perçues sur boissons alcooliques (Contributions collected on alcoholic beverages)
- 101 -
COG:
Convention d’Objectifs et de Gestion (Management and Objectives Agreement)
COTG:
Cotisations Trésorerie Générale (General Treasury Contributions))
COUR:
URSSAF contributions
COVI:
Contribution 0,4% sur impôts sur les revenus des personnes physiques (0.4% contribution on
income tax on private individuals)
CPAM:
Caisse Primaire d'Assurance Maladie (Health Insurance Primary Fund)
CRAM:
Caisse Régionale d’Assurance Maladie (Health Insurance Regional Fund)
CRDS:
Contribution au Remboursement de la Dette Sociale (Social Debt Repayment Contribution)
CRE:
Contrats de Retour à l'Emploi (Return to Employment Contracts)
CRFP:
Centre Régional de Formation Professionnelle (Alsace Moselle) (Professional Training
Regional Centre - Alsace Moselle)
CRFPP:
Centres Régionaux de Formation et de Perfectionnement Professionnel (Regional Centres for
Professional Training and Perfection)
CRPCEN:
Caisse de Retraite et de Prévoyance des Clercs et Employés de Notaires (Welfare and
Retirement Fund for Clerks and Notary Employees)
CSA:
Contribution Solidarité Autonomie (Autonomy Solidarity Contribution)
CSB:
Contribution Sociale sur les Bénéfices des sociétés (Social Contribution on Company Profits)
CSE:
Compte Spécial d'Encaissement pour les organismes (Special Collection Account for the
bodies)
CSE:
Compte Spécial d’Exécution pour les URSSAF (Special Implementation Account for the
URSSAF)
CSG:
Contribution Sociale Généralisée (General Social Contribution)
CSS:
Code de la Sécurité Sociale (Social Security Code)
CSSS
Contribution Sociale de Solidarité des Sociétés (Company Solidarity Social Contribution)
CSST:
Centres Spécialisés Soins aux Toxicomanes (Specialised Centres for Drug Addiction Care)
CTP:
Codes-Types de Personnel (Personnel Type-Codes)
CUDC:
Compte Unique de Disponibilités Courantes (Unique Current Cash Account)
DADS:
Déclaration Annuelle des Données Sociales (Annual Social Data Declaration)
DG
Dotation Globale (Total Allowance)
DGCP:
Direction Générale de la Comptabilité publique (General Directorate on Public Accounting))
DIFI:
Direction Financière Institutionnelle (Institutional Financial Directorate)
DISEP:
Direction des Statistiques, des Etudes et de la Prévision (Statistics, Studies and Forecast
Department)
DNT:
Déclaration Nominative Trimestrielle (Quarterly Nominative Declaration)
DOM:
Département d’Outre Mer (Overseas Department)
DPAE:
Déclaration Préalable à l’Embauche (Declaration Prior to Hiring)
DSS:
Direction de la Sécurité Sociale (Social Security Directorate)
- 102 -
EHPAD:
Etablissements d’Hébergement pour Personnes Agées Dépendantes (Lodging Establishments
for Dependent Elderly)
EN3S:
Ecole Nationale Supérieure de Sécurité Sociale (National Social Security School)
ENIM:
Etablissement National des Invalides de la Marine (National Navy Invalide Establishment)
EONIA:
Taux d’intérêt moyen pondéré du marché monétaire (Euro OverNight Index Average)
EPA:
Etablissement Public à caractère Administratif (Public Establishment of an Administrative
nature)
EPN:
Etablissement Public National (National Public Establishment)
ETI:
Employeurs et Travailleurs Indépendants (Employers and the Self-Employed)
FAF EPM :
Fonds d’assurance formation Employeurs de personnels de Maison (Training insurance fund
for Employeurs of Household employees)
FAF ETI :
Fonds d’assurance formation Employeurs et Travailleurs indépendants (Training insurance
fund for Employers and the Self-Employed)
FAF:
Fonds d'Assurance Formation (Training Insurance Fund)
FAFPM:
Fonds d’Assurance Formation des Professions Maritimes (Maritime Profession Training
Insurance Fund)
FAPA:
Financement de l'Allocation Personnalisée d'Autonomie (Financing of the Autonomy
Personalised Allocation)
FCAATA:
Fonds de Cessation Anticipée d’Activité des Travailleurs de l’Amiante (Early Work Stoppage
of Asbestos Workers Fund)
FCAT:
Fonds Commun des Accidents du Travail (Industrial Accident Joint Fund)
FCMU:
Fonds de financement de la protection complémentaire de la Couverture Maladie Universelle
(Fund for financing the supplemental protection of the Universal Health Coverage)
FEH:
Fonds des Etablissements Hospitaliers (Hospital Establishment Fund)
FFAPA:
Fonds de Financement de l'Allocation Personnalisée d'Autonomie (Fund for Financing of the
Autonomy Personalised Allocation)
FFIPSA:
Fonds de Financement des Prestations Sociales des non-salariés Agricoles (Fund for
Financing the Social Services of Agricultural non-wage earners)
FIFPL:
Fonds Interprofessionnel de Formation des Professions Libérales (Interprofessional Training
Funds for Liberal Professionals)
FIVA:
Fonds d’Indemnisation des Victimes de l’Amiante (Asbestos Victim Indemnification Fund)
FMES:
Fonds de Modernisation des Etablissements de Santé (Funds for Modernising Health
Establishments))
FNAL:
Fonds National d'Aide au Logement (National Housing Assistance Fund)
FNGA:
Fonds National de Gestion Administrative (National Administrative Management Fund)
LFI:
Loi de Finances Initiale (Initial Law on Finances)
LFR
Loi de Finances Initiale (Amending Law on Finances)
- 103 -
JEUM:
CSG sur les produits des jeux part maladie (CSG on gambling income, illness share)
LFSS:
Loi de Financement de la Sécurité Sociale (Social Security Financing Law)
LOOM:
Loi d’Outre Mer (Overseas Law)
MCP:
Mission Comptable Permanente des Organismes de Sécurité Sociale (Permanent Accounting
Mission for Social Security Bodies)
MDA:
Maison Des Artistes (House of Artists)
MSA:
Mutualité Sociale Agricole (Agricultural Social Mutual)
ONDAM:
Objectif National des Dépenses de l’Assurance Maladie (National Objective on Health
Insurance Expenses)
ONIAM:
Office National d’Indemnisation des Accidents Médicaux (National Medical Accident
Indemnification Office)
ORGANIC:
Organisation Autonome Nationale de l’Industrie et du Commerce (National Autonomous
Organisation of Industry and Commerce)
PAJE:
Prestation d’Aide au Jeune Enfant (Young Child Assistance Service)
PAM:
Praticiens et Auxiliaires médicaux (Medical Practitioners and Auxiliaries)
PAR:
Produits à recevoir (Accrued assets)
PARTENAIRES:
FSV, CMU Fund, CNSA, FRR, CADES, ALSACE-MOSELLE that are beneficiaries of
contributions for the General Plan, for example
PCUOSS:
Plan Comptable Unique des Organismes de Sécurité Sociale (Single Chart of Accounts for
Social Security Bodies)
PPAT:
Prélèvement social 2% sur les revenus du patrimoine (2% social charge on income from
property)
PPLA:
Prélèvement social 2% sur les produits de placement (2% social charge on investment
income)
PREMIX:
Taxe sur les boissons alcooliques (Tax on alcoholic beverages)
RACINE:
Système informatique de répartition des cotisations et contributions des URSSAF (URSSAF
computer system for distributing contributions)
RADAR:
Référentiel des Aides à la Détection des Anomalies de Répartition. (Referential for Assistance
in Detecting Allocation Anomalies) Outil d'aide pour Racine (Racine assistance tool)
RAR:
Restes à Recouvrer (Remainder to be Collected)
RATP:
Caisse de retraite du personnel permanent de la Régie Autonome des Transports Parisiens
(Permanent personnel retirement fund for the Autonomous Operator of Parisian Transports)
RBS:
Réduction Bas Salaires (Low-Salary Reduction)
RG:
Régime Général (General Plan)
RGF:
Recette Générale des Finances (General Finance Revenue)
RMI:
Revenu Minimum d’Insertion (Minimum Integration Revenue)
RSI
Régime Social des Indépendants (Self-Employed Social Plan)
- 104 -
SASV
Service Allocation Spéciale Vieillesse (Special Old-Age Allocation Service)
SCOT:
Système de Communication Optimisé des Transferts Comptables (Optimised Accounting
Transfer Communication System)
SCRE:
Salariés Créateurs d’Entreprises (Company Creator Salaried workers)
SDSIR:
Schéma Directeur des Systèmes d'Information du Recouvrement (General Plan for Collection
Information Systems)
SESSAD:
Service d’Education Spéciale et de Soins A Domicile des Enfants Handicapés (Service for
Special Education and Homecare for Handicapped Children)
SIC :
Subdivisions d'Imputation Comptable (Accounting Charge Subdivisions)
SICOMOR:
Système Intégré de Comptabilité des Organismes du Recouvrement (Integrated Accounting
System for Collection Bodies)
SNCF:
Caisse de prévoyance et de retraite de la SNCF (SNCF retirement and welfare fund)
SVT:
Spécialistes en Valeurs du Trésor (Specialists in Values of Treasury)
TABA:
Cotisations perçues sur consommation de tabacs (Contributions collected on tobacco
consumption)
TASS
Tribunal des Affaires de Sécurité Sociale (Social Security Affairs Court)
TCA:
Taxe sur les Conventions d’Assurance (Tax on Insurance Agreements)
TEE:
Titre Emploi Entreprise (Company Employment Title)
TGAP:
Taxe Générale sur les Activités Polluantes (General Tax on Polluting Activities)
TPG:
Trésorier Payeur Général (Paymaster General)
TPM:
Taux Moyen de Placement (Average Investment Rate)
TTS DOM:
Titre de Travail Simplifié – Département d’Outre Mer (Simplified Work Permit – Overseas
Department)
TVS:
Taxe sur les Véhicules des Sociétés (Tax on Company Vehicles)
UCANSS:
Union des Caisses Nationales de Sécurité Sociale (Union of National Social Security Funds)
UIOSS:
Union Immobilière des Organismes de Sécurité Sociale (Real Estate Union of Social Security
Bodies)
UNEDIC - GARP:
Union Nationale pour l'Emploi dans l'industrie et le Commerce - Groupement des Assedic de
la Région Parisienne (National Union for Employment in Industry and Commerce – Paris Area
Assedic Group)
UNEDIC:
Union Nationale pour l'Emploi dans l'industrie et le Commerce (National Union for
Employment in Industry and Commerce)
UNIX:
Système d’exploitation informatique (Computer operating system)
URM:
Union Régionale des Médecins (Regional Union of Doctors)
URSSAF:
Union de Recouvrement des cotisations de Sécurité Sociale et d’Allocations Familiales
(Collection Union for Family Allocation and Social Security Collections)
VIH
Virus de l'Immunodéficience Humaine (Human immunodeficinecy virus – HIV)
- 105 -
VTM:
Véhicules Terrestres à Moteur (Motorised Land Vehicles)
ZFC:
Zone Franche Corse (Corsica Free Zone)
ZFU:
Zone Franche Urbaine (Urban Free Zone)
ZRR:
Zone de Revitalisation Rurale (Rural Revitalisation Zone)
ZRU:
Zone de Revitalisation Urbaine (Urban Revitalisation Zone)
- 106 -