FINANCE: The COM managed to generate € 11,1 million of self-financing in 2019


The elected representatives of the territorial council meeting in plenary session Thursday morning adopted the administrative account for the year 2019.

Expenses for the past year amount to € 133,65 million in operation and € 38,5 million in investment. Receipts are respectively € 145,63 million and € 70,5 million. The two sections thus present surplus results: 11,98 M € in operation and 32 M € in investment.

The significant investment surplus is explained by the fact that the COM received in 2019 grants that were due in 2018. In the end, the 2019 investment result is € 6,3 million.

As for the operating section, it also presents a carryover from 2018 in the amount of € 3,94 million. The operating result amounts to € 15,92 million in the end.

The cumulative result of operations and investment is € 22,2 million. The remainders to be realized are 37,6 M € in expenses and 36,8 M € in investment.

The COM thus closes its administrative account with a positive balance of € 21,4 million.

Note that "the surplus from the investment section is intended to be transferred to the investment section to generate self-financing," says Marie-Dominique Ramphort. 70% of the surplus (11,14 M €) was thus carried forward. "This amount will allow the community to self-finance future investments", that is to say that it will not need to resort to bank loans or request subsidies up to this amount. This ability to generate self-financing (or savings) was underlined by the director of the French development agency at the end of 2019. (

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