Printable version (PDF document, 485kb, 5 pages)
Annex 1: Notes and methodology regarding presentation of combined financial data (PDF document, 49kb, 4 pages)
International Federation-wide tsunami semi-annual report - 29 June 2007 (PDF document, 783 kb, 21 pages)

The International Federation and its members (1) have received a total of CHF 3,014 million (2). This represents an increase of CHF 160 million in additional income since the last period. This is due to an increase in the number of Federation members contributing financial information for this reporting period, as well as reported new income received during the period including interest income.

As of 31 March, 2007, CHF 1,471 million or 49 per cent of total funds received have been spent across all tsunami countries.

Most of the funds received by the International Federation and its members were unearmarked, as reflected in Fig 1.2 (3).

Fig. 2.1 and 2.2 reflect spending through 31 March 2007 by programme area (4) and location of operations. The largest amounts spent across all Federation members continues to be in the area of shelter and community construction (CHF 488 million). Figure 2.2 shows that the highest amounts have been spent in Indonesia (CHF 750 million) and Sri Lanka (CHF 324 million).

Figure 3 details the expenditure made by country (5) and by programme.

Fig. 4.1 reflects how expenditure is split among the International Federation Secretariat, the 35 National Society members reporting for this period, and other partners outside the Federation (6). The majority of expenditure is being carried out by the member National Societies, while the International Federation also coordinates efforts through other actors involved in the recovery operation to avoid unnecessary duplication or gaps in the provision of assistance. The International Federation has also sought to work with agencies with expertise in specific fields in order to ensure that people receive the best assistance possible (7).

Figure 4.2 reflects that the members of the International Federation contributed funds to and worked in partnership with other humanitarian organizations. The majority of this expenditure took place during the first 21 months of the relief and recovery effort with less being expended via external organizations at this stage of operations.

Many of the International Federation member National Societies report that tsunami recovery programming will continue at least through the year 2010, with some members indicating that programming may continue beyond 2010 (8). Estimated future spending projections are shown in Figure 5. Projections from the December 2006 report based on International Federation members’ best estimates, have not been fully achieved due to the civil unrest in Sri Lanka as well as on-going implementation challenges in Maldives and Indonesia.

Note 1: The information in this financial summary combines unaudited financial data from 35 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, Denmark, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Japan, Korea, Macau, Malaysia, Myanmar, Netherlands, New Zealand, Norway, Qatar, Seychelles, Singapore, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom 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 the Secretariat income receipts from 27 December 2004 through 31 March 2007; the exchange rate to translate expenditure is the average rate from 27 December 2004 through 31 March 2007; and the rate as of 31 March 2007 is used for all projected expenditure.

Note 3: This report shows less earmarking of funds received, as compared to the last reporting period, due to corrections submitted by member National Societies.

Note 4: 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. 3.1. For definitions and a detailed list of these categories, see Annex 1.

Note 5: The category East Africa represents the countries of Somalia, Seychelles, Madagascar, Kenya and Tanzania.

Note 6: Due to an adjustment in the financial combination methodology related to expenditure of in-kind goods, the ratio of expenditure between the International Federation Secretariat and the member National Societies has increased since the last reporting period. Expenditure of in-kind goods made through the International Federation Secretariat has been attributed to the National Society who provided the goods rather than to the Federation Secretariat.

Note 7: Some examples of tsunami operations carried out in partnership with non-Federation members include: contributing funds to the World Food Programme, already present in Nanggroe Aceh Darussalam (NAD) when the tsunami happened, in order to increase the availability of food for the displaced populations, and funding the World Health Organization (WHO) and the United National Children’s Fund (UNICEF), via the United Nations Foundation to conduct large-scale vaccination programmes throughout the affected region.

Note 8: Financial reporting for this consolidated report has been restricted to a five-year timeframe although some National Societies’ forecasts may project expenditure beyond that date. For purposes of consolidating financial figures, National Societies were requested to adapt their plans to the time frame shown in figure 5.