05 Aug 2011

International Activity Report 2010 - Facts and Figures

Tags: Article Type, Financial, IAR 2010, International Activity Report

International_Activity_Report_2010.pdf

Médecins Sans Frontières (MSF) is an international, independent, private and not-for-profit organisation.

It comprises 19 main national offices in Australia, Austria, Belgium, Canada, Denmark, France, Germany, Greece, Holland, Hong Kong, Italy, Japan, Luxembourg, Norway, Spain, Sweden, Switzerland, the United Kingdom and the United States. There is also an International Office in Geneva and delegate offices in the Czech Republic, Ireland and South Africa.

The search for efficiency has led MSF to create ten specialised organisations, called “satellites”, which take charge of specific activities such as humanitarian relief supplies, epidemiological and medical research, and research on humanitarian and social action. These satellites, considered as related parties to the national offices, include: MSF-Supply, MSF-Logistique, Epicentre, Fondation MSF, Etat d’Urgence Production, MSF Assistance, SCI MSF, SCI Sabin, Ärzte Ohne Grenzen Foundation and MSF Enterprises Limited. As these organisations are controlled by MSF, they are included in the scope of the MSF Financial Report and the figures presented here.

These figures describe MSF’s finances on a combined international level. The 2010 combined international figures have been prepared in accordance with MSF international accounting standards, which comply with most of the requirements of the International Financial Reporting Standards (IFRS). The figures have been jointly audited by the accounting firms KPMG and Ernst & Young, in accordance with International Auditing Standards. A copy of the full 2010 Financial Report may be obtained at www.msf.org. In addition, each national office of MSF publishes annual, audited Financial Statements according to its national accounting policies, legislation and auditing rules. Copies of these reports may be requested from the national offices.

The figures presented here are for the 2010 calendar year. All amounts are presented in millions of euros.

Note: Figures in these tables are rounded, which may result in apparent inconsistencies in totals. Geographical divisions differ between the Financial Report and the International Activity Report: for financial reporting, Asia and the Middle East are combined, and Papua New Guinea is classified under Oceania.

---

 

 

 

 

 

---

 

HAITI EMERGENCY

The earthquake that hit Haiti on 12 January 2010 prompted an enormous response from the public worldwide. MSF received an unprecedented amount of donations in 2010; 110.7 million euros were earmarked for Haiti. The cholera epidemic that occurred in October 2010 further increased the scale of MSF’s emergency response in Haiti.

MSF spent a total of 106.1 million euros in 2010 on operations in the regions most affected by the earthquake and on responding to the cholera epidemic. The funds were used for massive investments in health centres and hospitals, the rehabilitation and construction of medical facilities, medical supplies and equipment, drugs and the distribution of shelter materials and other relief items.

A balance of 2 million euros of restricted funds remained unspent at the end of 2010. This balance will be spent in Haiti in 2011.

Sources of income
As part of MSF’s effort to guarantee its independence and strengthen the organisation’s link with society, we strive to maintain a high level of private income. In 2010, 91 per cent of MSF’s income came from private sources. More than 5.1 million individual donors and private foundations worldwide made this possible. Public institutional agencies providing funding to MSF include, among others, the European Commission’s Humanitarian Aid Department (ECHO), and the governments of Belgium, Canada, Denmark, Germany, Ireland, Luxembourg, Norway, Spain, Sweden, Switzerland and the UK. Expenditure is allocated according to the main activities performed by MSF. All expenditure categories include salaries, direct costs and allocated overheads.

Social mission includes all costs related to operations on the field (direct costs) as well as all the medical and operational support from the headquarters directly allocated to the field (indirect costs). Social missions costs represent 82 per cent of the 2010 total costs. Permanently restricted funds may either be capital funds, where donors require the assets to be invested; or funds retained for actual use, rather than expended; or the minimum compulsory level of retained earnings to be maintained by some of the national offices.

Unrestricted funds are unspent non-designated donor funds expendable at the discretion of MSF’s trustees in furtherance of our social mission. Other retained earnings represent foundations’ capital as well as technical accounts related to the combination process. MSF’s retained earnings have been built up over the years by surpluses of income over expenses. As of the end of 2010, their available part (the unrestricted funds decreased by the conversion difference) represented 9.1 months of activity. The purpose of maintaining retained earnings is to meet the following needs: future major emergencies for which sufficient funding cannot be obtained, and/or a sudden drop of private and/or public institutional funding, the sustainability of long-term programmes (e.g. antiretroviral treatment programmes), and the pre-financing of operations to be funded by upcoming public funding campaigns and/or by public institutional funding.

The complete Financial Report is available at www.msf.org