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Annex 2: Notes and methodology regarding presentation of combined financial data (PDF document, 59kb, 3 pages)

The International Federation (1) received a total of CHF 3,076 million (2) . This represents CHF 62 million additional income reported since the last period due to an increase in the number of Red Cross and Red Crescent societies and organizations contributing financial information for this reporting period as well as reported new income from interest earned and other contributions received during the period.

Most of the funds received by the International Federation were unearmarked as reflected in Fig. 1.1 and 1.2 (3).

As of 30 September, 2007, CHF 1,773 million or 58 per cent has been spent across all tsunami countries.

Fig. 2.1 and 2.2 reflect spending through 30 September 2007 by programme area (4) and location of operations. The largest amounts spent by the International Federation continue to be in the area of shelter and community construction (CHF 656 million). Figure 2.2 shows that the highest amounts have been spent in Indonesia (CHF 895 million) and Sri Lanka (CHF 403 million).

Fig. 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 39 Red Cross and Red Crescent societies and organizations reporting for this period, and other partners outside the International Federation. The majority of expenditure is being carried out by Red Cross and Red Crescent societies and organizations, while the International Federation secretariat also coordinates relief and recovery efforts 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 over the past six months. More partnership initiatives took place during the first two years of the relief and recovery effort with less being expended via external organizations at this stage of operations.

Many Red Cross and Red Crescent societies and organizations report that tsunami recovery programming will continue at least through the year 2010, with some members indicating that programming may continue beyond 2010 (6). Estimated spending projections are shown in Figure 5. As was the case in the previous reporting period, projections have not been fully achieved due to continued civil unrest in Sri Lanka and on-going implementation challenges in Indonesia and the Maldives.

Note 1: The information in this financial summary combines unaudited financial data from 39 independent Red Cross and Red Crescent societies and organizations (listed below) and the International Federation secretariat, which is conducting tsunami recovery operations on behalf of more than 100 Red Cross and Red Crescent societies and organizations 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, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Korea, Macau, Malaysia, Myanmar, Netherlands, New Zealand, Norway, Qatar, Seychelles, Singapore, 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 International Federation secretariat income receipts from 27 December 2004 through 30 September 2007; the exchange rate to translate expenditure is the average rate from 27 December 2004 through 30 September 2007; and the rate as of 30 September 2007 is used for all projected expenditure.

Note 3: Differences between the reporting periods in percentages of funds earmarked are due to corrections reported by Red Cross Red Crescent members during this period.

Note 4: Financial reporting has been restricted to seven categories. Each Red Cross or Red Crescent society and organization has its own, unique financial accounting and coding structures. Therefore, for the purposes of consolidating financial figures, the data supplied by the Red Cross and Red Crescent societies and organizations were simplified into the seven categories shown in Fig. 2.1. For definitions and a detailed list of these categories, see Annex 1.

Note 5: The high increase of expenditure for the health category in India relates to a mass vaccination campaign to take place in 2008. The category East Africa represents the countries of Somalia, Seychelles, Madagascar, Kenya and Tanzania.

Note 6: Financial reporting for this consolidated report has been restricted to a five-year timeframe although some Red Cross and Red Crescent societies and organizations may project expenditure beyond that date. For purposes of consolidating financial figures, Red Cross and Red Crescent societies and organizations were requested to adapt their plans to the time frame shown in figure 5.