This is the financial overview of the seventh Federation-wide tsunami progress report. The first report was published in December 2006, second in July 2007, third in December 2007, fourth in June 2008, fifth in December 2009, sixth in June 2009 and seventh in December 2009.
While this report does offer an opportunity to gauge the progress over the six-month period of October 2009 to March 2010, it presents what is best defined a cumulative picture; therefore there should be some caution in drawing conclusions from comparisons between the reports. The data presented in each progress report is reflective of the number of Red Cross and Red Crescent societies reporting into it. This figure has changed for each report.
Methodologies used to gather information also continue to be refined as called for due to the changing conditions in the countries being reported on. In addition, updated population data becomes available and data collection methodologies are then updated and adapted to the different contexts. These and other factors have resulted in the definitions of some indicators changing, leading to changes in figures reported.
Finally, the current report looks at achievements in all eight countries affected by the tsunami – but the indicator data is biased towards the three worst-affected countries (Indonesia, Sri Lanka and the Maldives) and groups together data from the other countries (Thailand, India, Bangladesh, Seychelles and Somalia).
Financial Overview
The International Federation (1) has received a total of CHF 3,125 million (2). This represents CHF 10 million additional income reported since the last period primarily due to new income from interest earned.
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As has been reported in previous periods, most of the funds received by the International Federation are unearmarked as reflected inFigure 1.2.
As of 31 March 2010, CHF 2,680 million or 86 per cent has been spent across all tsunami countries.
Fig 2.1 and 2.2 reflect spending through 31 March 2010 by programme area (3) and location of operations. The largest amount’s spent by Federation members by programme area continues to be in the area of Shelter and Community Construction (CHF 1,042 million).
Figure 2.2 shows that the highest amount’s by Country have been spent in Indonesia (CHF 1,287 million) followed by Sri Lanka (CHF 708 million).
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Fig 3. details the expenditure made by country (4) and by programme.
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Fig 4.1 reflects how expenditure is split among the International Federation secretariat, the 42 National Society members reporting for this period, and other partners outside the International Federation. The majority of expenditure is being carried out by members of the International Federation, with 23% of the overall total being programmed through other actors to avoid unnecessary duplications or gaps in the provision of assistance. The percentage of assistance programmed through these external agencies has remained steady through the last few reporting periods, dropping somewhat since the earliest reports.
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Many of the International Federation member National Societies report that tsunami recovery programming will continue into the year’s 2011+ (5). Estimated spending projections are shown in Figure 5 and now include the addition of 2011+.
The Projected Recovery spending of the remaining balance of Tsunami funds is allocated primarily in the programme areas of Health Services and Infrastrucure, Water and Sanitation, Shelter and Community Construction and Livelihoods. There is also considerable expenditure planned for longer term Disaster Risk Reduction and Organisational Development Programmes.
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| Notes |
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Note 1: The information in this finacial summary combines unaudited financial data from 42 independent National Societies (listed below) and the International Federation secretariat, which is conducting tsunami recovery operations on behalf of more than 100 national societies which contributed directly to its tsunami appeal. The financial data for this report was provided by Red Cross and Red Crescent Societies and organizations from: Australia, Austria, Bangladesh, Belgium – Flanders community, Belgium – Francophone community, Canada, China, Cyprus, Denmark, Finland, France, Germany, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Korea (Rep. of), Luxembourg,Macau, Malaysia, Myanmar, Netherlands, New Zealand, Norway, Qatar, Seychelles, Singapore, Somalia, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, United Arab Emirates, and United States.
Note 2: Financial reporting was received in local currencies and converted to CHF, which is the official reporting currency of the International Federation secretariat. The foreign exchange rates used were derived in the following way: The exchange rate to translate income is the weighted average rate of Secretariat income receipts from 27 December 2004 through 31 March 2010; the exchange rate to translate expenditure is the average rate from 27 December 2004 through 31 March 2010; and the rate as of 31 March 2010 is used for projected expenditure. The summary table of rates used is included in the financial reporting methodology notes, annexed to this report.
Note 3: Financial reporting has been restricted to seven categories. Each National Society has its own, unique financial accounting and coding structures. Therefore, for the purposes of consolidating financial figures, the data supplied by the National Societies were simplified into the seven categories shown in Fig. 2.1. For definitions and a detailed list of these categories, see the financial reporting methodology notes on the online version of this report.
Note 4: The category East Africa represents the countries of Comoros, Kenya, Madagascar, Mauritius, Seychelles, Somalia, and Tanzania.
Note 5: Financial reporting for the first five rounds of this consolidated report was restricted to the 2005- 2010 timeframe, but was extended in the sixth round report to include 2011 as several National Societies have consistently projected plans into 2011 and beyond. For purposes of consolidating financial figures, National Societies were requested to adapt their plans to the time frame shown in figure 5. |