Eu CARD Governing Board meeting 11 05 2011

Eu. CARD Governing Board meeting 11. 05. 2011, CNRS, Paris Use of resources and funding in year 2 • Overview of Eu. CARD WPs and budget • Use of resources by participant • Use of resources by WP • P 1 Financial Report • EC funding for Eu. CARD – payments after P 1 EC

Overview of Eu. CARD WPs and budget Eu. CARD GB meeting / 11. 05. 2011 / CNRS 2

Resource utilization by participant (M 1 -M 24) Ø Overall use of man-power for Y 1+Y 2 is 63%. Ø Overall use of budget for Y 1+Y 2 is 53%. Eu. CARD GB meeting / 11. 05. 2011 / CNRS 3

Resource utilization by WP (M 1 -M 24) Ø Overall use of man-power for Y 1+Y 2 is 63%. Ø Overall use of budget for Y 1+Y 2 is 53%. Eu. CARD GB meeting / 11. 05. 2011 / CNRS 4

Man-power utilization by WP 1 and WP 2 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 5

Man-power utilization by WP 3 and WP 4 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 6

Man-power utilization by WP 5 and WP 6 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 7

Man-power utilization by WP 7 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 8

Man-power utilization by WP 8 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 9

Man-power utilization by WP 9 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 10

Man-power utilization by WP 10 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 11

Man-power utilization by WP 11 (M 1 - M 24) Eu. CARD GB meeting / 11. 05. 2011 / CNRS 12

P 1 Financial Report § To recall, for Eu. CARD we have negotiated with the EC a special mode of financial reporting, which consists of reporting only a fraction of the full costs, sufficient to justify the EC contribution. § The Resource Utilisation Summaries prepared each 6 (12) months by each partner allow to follow up the complete use of resources (full costs) per WP, per participant, as for the project as a whole. § At the end of Period 1 (M 1 -M 18), each participant submitted to the EC a Cost Claim with its eligible costs for the period. § Overall, the total costs of the project for P 1 were at the level of 11. 2 M€, where as the Cost Claims (official financial reports to the EC) were at the level of 8. 4 M€, with requested EC contribution of 3. 6 M€. Eu. CARD GB meeting / 11. 05. 2011 / CNRS 13

EC funding for Eu. CARD Pre-financing 1 st interim payment + 3. 6 M€ + 3. 9 M€ M 18 1 st Reporting Period M 24 2 nd Reporting Period Final payment 2 nd interim payment + 1. 5 M€ + 1. 0 M€ M 36 M 42 M 48 3 rd Reporting Period No more than 85% of the maximum EC contribution shall be paid to the Consortium before the acceptance of the Final Project Report. Eu. CARD GB meeting / 11. 05. 2011 / CNRS 14

Requested EC contribution by participants (after the end of P 1) Ø Ceiling of 85% of the max. EC contribution for each partner. Ø Overall requested EC contribution after P 1 is 75%, including the pre-financing. Eu. CARD GB meeting / 11. 05. 2011 / CNRS 15

EC funding for Eu. CARD Ø The consortium received in 2009 effective pre-financing of 3. 9 M€ which was distributed in two installments. Ø After the formal approval of the P 1 report (due any moment), the EC will reimburse 3. 6 M€ to the Consortium. Ø Payments will be made to all partners according to the requested EC contribution in the P 1 Cost Claims, with individual ceiling of 85% of the total EC funding. Ø Changes in the budget allocations to the partners (if any) shall be decided by the GB at its last meeting in 2013 (or by electronic voting / F 2 F after the end of the project). Eu. CARD GB meeting / 11. 05. 2011 / CNRS 16