The Article 55 of the European Council (EC) Regulation No 1083/2006 of 11 July 2006 laying down general provisions on the European Regional Development Fund, the European Social Fund and the Cohesion Fund and repealing Regulation (EC) No 1260/1999 (hereinafter –General Regulation) states that „eligible expenditure on revenue generating projects shall not exceed the current value of the investment cost less the current value of the net revenue from the investment over a particular project implementation reference period”.
In order to ensure application of Article 55 of the General Regulation, revenue generating project partners will be requested to submit to the Joint Technical Secretariat the Financial Analysis for calculation on calculation of net revenue from implemented project activities within the set deadline.
Financial Analysis must be elaborated in compliance with the Methodology for Preparation of Financial Analysis and other legal acts.
Methodology for Preparation of Financial Analysis
- In ENGLISH
- In LATVIAN
- In LITHUANIAN
Annexes of the Methodology
- Annex 1-4 in ENGLISH
- Annex 1-4 in LATVIAN (just for information)
- Annex 1-4 in LITHUANIAN (just for information)
Lists of Project partners who have to prepare financial analysis
Guidelines and recommendations developed by the European Union:
- August, 2006 EC Directorate General of Regional Policy Methodical Works Work Package 4 „Guidance on the Methodology for carrying out Cost-Benefit Analysis” for years 2007-2013:
In ENGLISH In LATVIAN In LITHUANIAN
ADITIONAL INFORMATION:
Presentatations from the seminars on preparation financial analysis
- In Latvian
- In Lithuanian
Information updated on 15.11.2010.
