The 2009-2011 financial plan was prepared under the accuracy spirit that guides this Authority's performance, which includes the suitable values for the development of the activities planed for the considered period.
In the income and revenue plan, the highlight goes to the revenues inherent to the activity fees charged to electronic communications network and service suppliers, to frequency users, to numbering users, to postal services operators, besides other less important revenues.
The government asked for the opinion of ICP-ANACOM's Advisory Board on a draft tariff scheme regarding the fees foreseen in article 105 of Law no. 5/2004 of 10 February (ECL), and this Plan already took that project into consideration concerning Income and Revenues.
Also in this matter, it should be stressed that the formulation plan for the fees concerning the use of frequencies by mobile telephone service operators, replaces the current charging base - number of SIM cards. This change, which makes it possible to align the way of charging for the spectrum with that defined on the ECL, fostering a more efficient use of this important resource, implies however a greater volatility of ICP-ANACOM's revenues, since they will start to depend on the quantity of spectrum allocated to operators in the market. This means that any possible return of radio spectrum, as a reply to the incentive now created to increase its efficient use or started off by other events, will lead to a reduction in ICP-ANACOM's revenues.
In spite of acknowledging this reality, the revenue prospects of the current Plan assumed that the amount of allocated spectrum in the market will be maintained, a positive perspective in financial terms that can become negative from the spectrum management viewpoint. This assumption will possibly have to be revaluated on the next 2010-2012 plan, considering events in 2009.
The costs and losses plan intends to assure the development of the activities that are inherent to the fulfilment of the functions bestowed upon ICP-ANACOM, namely regulation and rule-setting in the electronic communications industry, management and supervision of the radio spectrum, monitoring the fulfilment of obligations of concessionaries, and of licensed and authorized entities for the provision of communications services, representing the Portuguese State, by participating and organizing international reunions, the payment of membership dues to international postal and telecommunications organizations, and advice to the Government.
Simultaneously, this Authority provides logistical support to CPEC (Emergency Communications Planning Commission), a contribution as a founder of FPC (Portuguese Communications Foundation), as well as a participation in the costs resulting from special projects foreseen in the Major Planning Options (GOP) and the participation in the operating expenses of the Competition Authority, fulfilling Government guidelines.
It should be stressed out that 2009 costs reflect the costs resulting from actions that ICP-ANACOM will pursue in compliance with Government guidelines, namely:
- World Telecommunications Policy Forum event (WTPF2009). ICP-ANACOM, representing the Portuguese State, will organize the 4th edition of the International Telecommunication Union's World Telecommunications Policy Forum (WTPF2009) in order to fulfil one of the goals established in the MOU signed on 8 December 2007 between the Portuguese Government and ITU, at the cooperation level. WTPF2009 will take place at Lisbon's Congress Centre between 22 and 24 April 2009, after a reunion of the Group of Experts (GoE) and of the Informative Session, meetings that will take place at the same premises, on April 20 and 21, respectively. Estimated costs for this event reach around 1,830 thousand Euros;
- Contribution for the European Space Agency (ESA). The amount of Portugal's contribution to ESA, to be supported by ICP-ANACOM's budget, was set by order no. 215/2002 of 28 February and applies until 2011, as established in order no. 21229/2007 of 13 September, the amount to be spent each year depending on that international organization's budget. For 2009, the amount foreseen by ESA is 2,980 thousand Euros;
- Creation of an Excellence Centre in Africa for Portuguese and Spanish speaking countries. This centre intends to foster training in key areas, such as telecommunications policies, regulation, new technologies, services, and linguistics, among other, in order to increase the mentioned countries' self-sufficiency. The foreseen amount of the collaboration reaches 130 thousand Euros in 2009;
Also supporting the reckoning of the costs is the decision to create a specialized arbitrage centre to solve disputes within the electronic communications sector. This centre, with the legal character of a private association, properly authorized by Ministry of Justice, intends to be an alternative to appealing to the judicial system (extra-judicial conflict resolution), more simple and less expensive, with the advantage of being specialized on industry issues, aiming to protect users and to fully fulfil the Electronic Communications Law's (ECL) obligations. An amount of 250 thousand Euros is foreseen for its implementation, and this initiative is expected to contribute to decrease the costs resulting from the internal handling of complaints now submitted to ICP-ANACOM:
The pieces that make up ICP-ANACOM's Financial Plan for the 2009/2011 triennium are the following:
- Income and Revenue Plan
- Costs and Losses Plan
- Statement of Net Income
- Treasury Budget
- Balance Sheets
- Cash-Flow and Investment Coverage by Cash-Flow
- Cash-Flow Statement
|
Designation |
2009 |
2010 |
2011 |
|
Electronic communications |
72,981,600 |
72,666,500 |
72,351,500 |
|
Licences and statements of rights |
21,000 |
21,500 |
22,000 |
|
EC activity operation |
10,335,000 |
20,175,900 |
30,016,800 |
|
Spectrum use |
|||
|
Spectrum use - GSM + UMTS |
51,453,000 |
40,642,500 |
29,832,000 |
|
Spectrum use - Fixed Service |
5,083,500 |
5,416,000 |
5,748,600 |
|
Spectrum use - MTS-Private Networks |
2,418,600 |
2,394,100 |
2,369,700 |
|
Spectrum use - FWA |
516,000 |
516,000 |
516,000 |
|
Spectrum use - Others |
1,487,100 |
1,833,100 |
2,179,000 |
|
Numbering use |
1,667,400 |
1,667,400 |
1,667,400 |
|
Postal services |
128,900 |
132,200 |
135,700 |
|
Ited - infrastructure on buildings |
178,800 |
183,400 |
188,100 |
|
Other service provisions |
332,700 |
341,300 |
350,200 |
|
Supplementary income |
5,000 |
5,100 |
5,200 |
|
EU subsidies |
30,000 |
30,800 |
31,600 |
|
Finnancial income and gains |
3,000,000 |
3,078,000 |
3,158,000 |
|
Extraodinary income and gains |
138,000 |
141,600 |
145,300 |
|
Total |
76,795,000 |
76,578,900 |
76,365,600 |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Supplies and external services |
13,614,800 |
13,479,100 |
13,832,500 |
|
Fuel |
90,500 |
99,300 |
109,000 |
|
Books and technical documentation |
277,100 |
284,300 |
291,700 |
|
Office materials |
103,200 |
105,900 |
108,700 |
|
Rents and leasing |
1,840,400 |
1,888,300 |
1,937,400 |
|
Representation expenses |
12,300 |
12,600 |
12,900 |
|
Communications |
772,000 |
792,100 |
812,700 |
|
Insurance |
214,800 |
220,400 |
226,100 |
|
Travel and accommodation |
820,400 |
841,400 |
862,900 |
|
Conservation and repairs |
2,625,200 |
2,693,600 |
2,763,700 |
|
Advertising and publicity |
180,000 |
184,700 |
189,500 |
|
Joint costs for buildings |
1,095,500 |
1,124,000 |
1,153,300 |
|
Specialized works |
4,701,200 |
4,327,300 |
4,435,800 |
|
Other supplies and services |
882,200 |
905,200 |
928,800 |
|
Taxes |
19,200 |
19,700 |
20,200 |
|
Personnel costs |
26,206,800 |
26,984,800 |
28,197,900 |
|
Other operating costs |
12,620,600 |
10,342,700 |
9,856,000 |
|
Membership dues |
1,002,700 |
1,028,600 |
1,055,100 |
|
Meetings and conferences |
1,892,200 |
465,000 |
477,100 |
|
Cooperation |
287,100 |
294,600 |
302,300 |
|
CPEC |
374,100 |
383,600 |
399,700 |
|
Contribution to Fundação Portuguesa das Comunicações |
1,168,500 |
1,218,800 |
1,271,500 |
|
Protocols |
7,120,800 |
6,160,000 |
5,540,800 |
|
Sponsorships/premiums in tenders |
525,200 |
535,600 |
546,300 |
|
Other operating costs and losses |
250,000 |
256,500 |
263,200 |
|
Amortization for finnancial year |
4,076,600 |
3,781,200 |
3,749,200 |
|
Ajustments |
120,000 |
120,000 |
120,000 |
|
Provisions for finnancial year |
4,000,000 |
4,000,000 |
4,000,000 |
|
Finnancial costs and losses |
13,500 |
13,900 |
14,300 |
|
Extraordinary costs and losses |
108,000 |
110,800 |
113,700 |
|
Total |
60,779,500 |
58,852,200 |
59,903,800 |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Income and revenue |
|||
|
Licenses and statements of rights |
21,000 |
21,500 |
22,000 |
|
Electronic Communications activity operation fees |
10,335,000 |
20,175,900 |
30,016,800 |
|
Spectrum use fees - GSM + UMTS |
51,453,000 |
40,642,500 |
29,832,000 |
|
Spectrum use fees - Others |
9,505,200 |
10,159,200 |
10,813,300 |
|
Numbering use fees |
1,667,400 |
1,667,400 |
1,667,400 |
|
Postal Services activity operation fees |
128,900 |
132,200 |
135,700 |
|
ITED |
178,800 |
183,400 |
188,100 |
|
Other service provisions |
332,700 |
341,300 |
350,200 |
|
Supplementary income |
5,000 |
5,100 |
5,200 |
|
EU subsidies |
30,000 |
30,800 |
31,600 |
|
Financial income and revenues |
3,000,000 |
3,078,000 |
3,158,000 |
|
Extraordinary income and revenues |
138,000 |
141,600 |
145,300 |
|
Total income |
76,795,000 |
76,578,900 |
76,365,600 |
|
Costs and losses |
|||
|
Supplies and external services |
13,614,800 |
13,479,100 |
13,832,500 |
|
Taxes |
19,200 |
19,700 |
20,200 |
|
Personnel |
26,206,800 |
26,984,800 |
28,197,900 |
|
Other operating costs |
12,620,600 |
10,342,700 |
9,856,000 |
|
Amortizations for Year |
4,076,600 |
3,781,200 |
3,749,200 |
|
Adjustments |
120,000 |
120,000 |
120,000 |
|
Provisions for Year |
4,000,000 |
4,000,000 |
4,000,000 |
|
Financial costs and losses |
13,500 |
13,900 |
14,300 |
|
Extraordinary costs and losses |
108,000 |
110,800 |
113,700 |
|
Total costs |
60,779,500 |
58,852,200 |
59,903,800 |
|
Net income for year |
16,015,500 |
17,726,700 |
16,461,800 |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Balance from previous year |
89,338,500 |
90,929,234 |
97,906,179 |
|
Receivables |
|
|
|
|
Operation income |
73,684,600 |
73,387,620 |
73,091,360 |
|
Financial income and gains |
3,000,000 |
3,078,000 |
3,158,000 |
|
Total receivables |
76,684,600 |
76,465,620 |
76,249,360 |
|
Payables |
|
|
|
|
Investment payables |
4,981,500 |
4,924,500 |
4,932,000 |
|
Operating payables |
52,582,900 |
50,951,000 |
52,034,600 |
|
Delivery to the State |
17,529,466 |
13,613,175 |
15,067,695 |
|
Total payables |
75,093,866 |
69,488,675 |
72,034,295 |
|
Cash in hand |
90,929,234 |
97,906,179 |
102,121,244 |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Assets |
|||
|
Fixed assets |
19,081,800 |
20,015,100 |
20,987,900 |
|
Debts to third parties (net) |
1,800,000 |
1,700,000 |
1,600,000 |
|
Bank deposits and cash |
90,929,234 |
97,906,179 |
102,121,244 |
|
Accruals and deferrals |
3,000,000 |
3,100,000 |
3,200,000 |
|
Total assets |
114,811,034 |
122,721,279 |
127,909,144 |
|
Liabilities |
|||
|
Debts to third parties and Provisions |
58,498,100 |
51,183,970 |
42,669,040 |
|
Accruals and deferrals |
4,800,000 |
4,700,000 |
4,600,000 |
|
Total liabilities |
63,298,100 |
55,883,970 |
47,269,040 |
|
Equity |
51,512,934 |
66,837,309 |
80,640,104 |
|
Total liabilities + equity |
114,811,034 |
122,721,279 |
127,909,144 |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Net income |
16,015,500 |
17,726,700 |
16,461,800 |
|
Amortizations |
4,076,600 |
3,781,200 |
3,749,200 |
|
Adjustments |
120,000 |
120,000 |
120,000 |
|
Provisions |
4,000,000 |
4,000,000 |
4,000,000 |
|
Total funds released |
24,212,100 |
25,627,900 |
24,331,000 |
|
Variation in provisions |
4,000,000 |
4,000,000 |
4,000,000 |
|
Cash flow |
20,212,100 |
21,627,900 |
20,331,000 |
|
Investment coverage |
|
|
|
|
Net cash flow |
20,212,100 |
21,627,900 |
20,331,000 |
|
Investment |
4,981,500 |
4,924,500 |
4,932,000 |
|
Self-finnancing |
406% |
439% |
412% |
Unit: Euros
|
Designation |
2009 |
2010 |
2011 |
|
Operating activities |
|||
|
Receivables from clients |
73,622,000 |
73,323,400 |
73,025,500 |
|
Payables to suppliers |
-13,824,800 |
-13,689,100 |
-14,042,500 |
|
Payables to personnel |
-26,206,800 |
-26,984,800 |
-28,197,900 |
|
Cash-flow generated by operating activities |
33,590,400 |
32,649,500 |
30,785,100 |
|
Other receivables/payables related to operating activities |
-30,177,766 |
-23,984,375 |
-24,952,995 |
|
Cash-flow generated extraordinary items |
-30,177,766 |
-23,984,375 |
-24,952,995 |
|
Receivables related to extraordinary Items |
|||
|
Payables related to extraordinary Items |
-108,000 |
-110,800 |
-113,700 |
|
Cash-flow generated by extraordinary items |
-108,000 |
-110,800 |
-113,700 |
|
Cash-flow from operating activties |
3,304,634 |
8,554,325 |
5,718,405 |
|
Investment activities |
|||
|
Receivables from: |
|||
|
Disposal of tangible fixed assets |
27,600 |
28,320 |
29,060 |
|
Interests and similar income |
3,000,000 |
3,078,000 |
3,158,000 |
|
|
3,027,600 |
3,106,320 |
3,187,060 |
|
Payables regarding: |
|||
|
Tangible fixed assets |
-4,771,500 |
-4,714,500 |
-4,722,000 |
|
Cash-flow from investment activities |
-1,743,900 |
-1,608,180 |
-1,534,940 |
|
Finnancing activities |
|||
|
Receivables from: Operating subsidies |
30,000 |
30,800 |
31,600 |
|
Cash-flow from finnancing activities |
30,000 |
30,800 |
31,600 |
|
Variation in cash and cash equivalents |
1,590,734 |
6,976,945 |
4,215,065 |
|
Cash and cash equivalents at the beginning of the period |
89,338,500 |
90,929,234 |
97,906,179 |
|
Cash and cash equivalents at the end of the period |
90,929,234 |
97,906,179 |
102,121,244 |
Unit: Euros
