Accounting and Financial Group - ICPE-CA

ECONOMIC AND ADMINISTRATION DEPARTMENT
Head: Aurora COJOCARIU:
D 3.2 ACCOUNTING AND FINANCIAL OFFICE
Economist
E-mail: contabilitate@icpe-ca.ro
Phone: 346.82.97(98)
Fax: 346.82.99
Number of persons: 7
Gabriela Elena RICHTER Economist
Victoria VALCEANU Economist
Florentina Ruxandra GAVRILA Economist
Mariana CIRSTEA Accountant
Olga TECUCEANU Accountant
Silvia DOBRIN Cashier
INCDIE-ICPE CA has been founded at 24.08.2004 according to HG1282/2004 through transformation of SC
ICPE CERCETARI AVANSATE SA in to a National Institute of Research and Development having as main activity
the fundamental and applied research on the electrical engineering area, tests, measurements, laboratory expertise’s,
technological development in electrical engineering area, elaboration of technical-economical standards, elaboration of
strategies, technical assistance and consulting, information, documentation and staffs qualification and other interfacing
activities.
At the beginning, the National Institute was registered with a patrimony of 2.102.221 lei with tangible assets in
value of 306.000 lei.
In 2005, the research activity was going based on 118 contracts having financing from public funds which were
obtained at auction within research programs PNCDI and CEEX, 18 contracts financed from Nucleus Program, one FP6
European contract and other 3 NATO contracts finalized during 2005.
The contract’s structure on 2005 is presented in the bellow diagram:
Within its activity, based on the contracts presented up in the structure, INCDIE ICPE-CA has in 2005 a turnover
of 10.356.624 lei, accomplishing a growth of 229.24% compared with 2004 (when the turnover was 4.517.732 lei).
The incomes obtained in 2005 are in value of 10.521.843 lei. The difference became from the turnover which is due to
financial incomes obtained from the fluctuation of rate exchange within contracts with external financing.
According to the financial sources, the structure of incomes from research contracts, services and small series
manufacturing is distributed as follow:
• public financing research 8.132.069 lei
• FP6 research contract 1.285.000 lei
• NATO contracts 469.836 lei
• other researches 85.362 lei
• services 35.859 lei
• manufacture 342.771 lei
• other incomes 5.727 lei
• financial incomes 165.219 lei
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2
18
3
NUMBER OF CONTRACTS
1 4 7 4
56
3 1
71
78%
INFRATECH
PNCDI
CEEX MODULE 4
CEEX MODULE 1
SECTORIAL
NUCLEOUS
FP6
SECURITY
SCIENTIFIC EVENTS
EXTERNAL CONTRACTS
NATO SfP
2005 INCOMES STRUCTURE
1%
2% 3% 0% 4%
12%
0%
DIRECT RESEARCH
CONTRACTS
NPRDI RESEARCH
CONTRACTS
OTHER INCOMES
FP6 RESEARCH
NATO SfP
SERVICES
SMALL SERIES
PRODUCTION
FINANCIAL INCOMES

ECONOMIC AND ADMINISTRATION DEPARTMENT
Because both research contracts with public financing and research contracts with external financing do not
produce profit but having a percent weight of 96.28% in the institute turnover, consequently, the expenses volume was
properly fitted.
The total expenses recorded in 2005 in value of 10.317.328 lei, have been made possible to obtain a raw profit of
39.386 lei coming from direct research contracts, small series manufacturing and prototypes.
The expenses structure is the following:
1. research - development 8.641.967 lei
from which:
- in the frame of PNCDI 6.808.069 lei
- direct contracts 1.840.198 lei
2. designing of investment objectives 1.324.000 lei
3. scientific and technological services 35.859 lei
4. small series manufacture and prototypes 348.498 lei
It has to be underlined the fact that from the total turnover of 10.356.600 lei, the institute has spend for
reinforcement with new research equipment 3.424.601 lei which represent 33% from total turnover, allowing to
increasing the institute’s technical endowment grade and so contributing to enhancement of the institute’s
performances. The origin of financing sources for endowments were: 824.705 lei from FP6 contract INDUMAT,
1.324.000 lei from Module IV CEEX contracts, 18.032 lei from own sources, 140.890 lei from MEdC investment
founds, 469.836 lei from NATO contracts and 647.138 lei from CEEX contracts-module I.
From point of view of value and financing resources, the most important performed endowments in 2005, are the
following:
• Atomic Force Microscope
• Atomic Absorption Spectrometer;
• Magnetron Sputtering;
• FTIR and Thermo gravimetric Analyzer;
• Ultra thin Layer Deposition Equipment;
• X-ray Diffractometer Up-grading;
• High Speed Video Camera.
The endowments financed from CEEX projects module IV will allow to develop the following laboratories:
• Laboratory for materials and electrical products testing and characterization;
• Laboratory for bioelectromagnetic compatibility;
• Laboratory for measurements of solid products and materials thermal behavior by thermal analysis method.
Following to these reinforcements, it will afford the enhancement of technical level of research work as well as of
active fixed assets ratio in the total Institute’s active fixed assets which will generate increasing of research level, and
consequently the increasing of the turnover for the next financial exercises.
In the same time through the new endowments the reduction of fixed assets usage with about 2 years will be
accomplished.
Motivated by the large number of the awarded contracts and by the obtained turnover, afford to the Institute to
develop a new strategy regarding the human resources reinforcement.
As a matter a fact there were employed 14 young peoples, 10 young university graduates and a number of 4
students in final stage, increasing the total number of the employees at 164 compared with 154 at the end of 2004 year.
It can also be underlined the fact that the institute has signed contracts which covered all the expenses; also the
institute has obtained a small profit from the extra public financing activity. Therefore all the debts to the Public Budget
were paid, remaining in the balance sheet only the debts established at 31.13.2003 and their penalties according the low
244/2005.
As a conclusion, we consider that the Institute accomplished the proposed objectives arising from its financial and
development strategy. We mention also that until 31.12.2005 were signed contracts which will cover the entire expenses
budget previsioned for 2006, this affording to the Institute to go on further ascending development and financial slope
recorded from 2003 until now.
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