Plan Worldwide Annual Review and Combined Financial ...
Plan Worldwide Annual Review and Combined Financial ...
Plan Worldwide Annual Review and Combined Financial ...
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8. Environmental Reporting<br />
<strong>Plan</strong> has introduced environmental reporting in 2012, covering the direct operations of all field offices, International Headquarters <strong>and</strong> the<br />
National Organisations. Environmental Key Performance Indicators have been measured, which conform to the Global Reporting Initiative<br />
(GRI). These have also been converted into carbon emission equivalents.<br />
<strong>Plan</strong> recognises that reporting is not yet reliable as the methodology does not include any automated measurement, the process is a new area<br />
for <strong>Plan</strong> <strong>and</strong> there are variations in results between offices which are not explained. Variations may be expected in future years which will be<br />
attributable to improved data quality rather than underlying changes in environmental impact.<br />
Noting these limitations in the available data, <strong>Plan</strong>’s environmental impact based on this information is equivalent to an estimated<br />
18,000 tonnes of carbon dioxide emissions per year, arising from the sources listed below:<br />
Environmental impact in tonnes of Carbon Dioxide equivalent<br />
FY11 FY12 % change<br />
Air Travel 4,886 5,632 15%<br />
Vehicle Travel 5,008 5,325 6%<br />
Electricity use 3,197 3,733 17%<br />
Office Diesel use 2,025 2,132 5%<br />
Natural gas use 183 209 14%<br />
Paper 449 485 8%<br />
Water 221 227 3%<br />
Total 15,969 17,743 11%<br />
The reported impact has increased year on year driven by greater accuracy in reporting <strong>and</strong> growth in operations, represented by 16%<br />
expenditure growth in FY12.<br />
During 2013, the Board will consider mechanisms to improve the quality of reporting <strong>and</strong> steps to adopt to improve management of <strong>Plan</strong>’s<br />
environmental impact.<br />
9. <strong>Financial</strong> overview<br />
9a Summary<br />
In 2012 <strong>Plan</strong>’s <strong>Worldwide</strong> income increased by 7% compared to 2011. Total expenditure rose by 11% year on year, including currency impacts,<br />
<strong>and</strong> by 16% excluding foreign exchange gains <strong>and</strong> losses.<br />
In the year to 30 June 2012 <strong>Plan</strong> raised income of €634 million, which was €42 million or 7% more than the previous year. Excluding the<br />
impact of currency appreciation versus the Euro, income grew by 5% or €31 million. Total expenditure was €623 million, which was €62 million<br />
or 11% more than the previous year. Total currency impacts on year on year expenditure amounted to an additional effective benefit of<br />
€26 million. This included a €28 million year on year positive variation in foreign exchange gains <strong>and</strong> losses <strong>and</strong> a €2 million negative effect<br />
from the appreciation of some non-Euro currencies. Excluding these currency effects, underlying expenditure grew by €88 million or 16%.<br />
The <strong>Plan</strong> <strong>Worldwide</strong> surplus in the year of €11 million consists mainly of a gain on foreign exchange amounting to €11 million. The surplus is<br />
€19 million lower than the 2011 surplus of €30 million as expenditure increased significantly in line with plans.<br />
As the combined results represent the aggregation of PI Inc <strong>and</strong> the NOs, the resulting income <strong>and</strong> expenditure profile <strong>and</strong> ratios are not<br />
necessarily applicable to any of the individual entities.<br />
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