Financial Statements

This document represents the financial results of the annual administration and describes any financially important facts and events.

It acts as an administrative control over the conformity to the authorisations for the management of public funds; it acts as a guarantee towards the State and all potential stakeholders over the financial health of the body in terms of liquidity and solvency, and provides information on the results achieved during the referred financial year.

Accompanied by descriptive reports, the Financial Statements include the following documents:

  • Balance sheets: includes the results of the financial management in terms of revenue and expenditure divided by titles, categories and chapters; it distinguishes the financial management of the referred financial year (current budgets) from the financial management of previous years (residual budgets).
  • Administrative situation: indicates the financial values of the initial year funds and the end of year administrative result.
  • Asset situation: quantifies the set of assets and liabilities at the start of the financial year, the variations of individual asset and liability entries during the year, the set of assets and liabilities at the end of the financial year and the increase or decrease in net equity as a result of the financial year management or other reasons.

Consolidate Balance Sheets: represents the overall results of the financial management of the General Administration and the Structures with budgetary autonomy, specifically indicating any internal transfers between the various separate administrations and the aggregation of assets.


For more information on Financial Statements, please consult the documents in the Italian version of this page.