Plan Worldwide Annual Review and Combined Financial ...

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