Annual Report - Sens

ARF fund
ARF fund for SENS appliances
36 SENS Annual Report 2011
31 / 12 / 2011 31 / 12 / 2010
Revenue in CHF in CHF
ARF revenue 33,904,275 31,592,123
Compensation of ARF fund for batteries – 885,944 – 919,048
Yield on capital 1) 849,951 925,477
Total revenue 33,868,282 31,598,553
Expenditure
Recycling payment 11,579,973 10,110,528
Payment to collection points 9,102,437 9,336,622
Payment for transport 10,047,629 11,433,640
Technical check of recycling 256,545 279,708
Check of recycling points 3,496 6,734
Shopping basket analysis 370,930 452,358
Remuneration for peripheral tasks (local authorities) 38,864 56,123
Publicity campaign 266,133 293,600
ARF check of manufacturers / importers 70,212 75,954
Service centre 54,174 87,793
Total expenditure 31,790,394 32,133,061
Fund balance 2,077,888 – 534,508
Contributions to administrative costs according to
the operating account1) 2,029,988 1,938,035
Reserves / withdrawal from the fund for SENS appliances 47,900 – 2,472,544
1) Comments on the fund accounts
In the interests of greater transparency, based on the fund assets the yield on capital has been transferred and
counted as yield in the fund accounts since 2010. This increases the share of administrative costs by the amount
of yield on capital, but not the real costs of the operating account. This makes the illustration more realistic and
transparent to understand.