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AnnuAL REPORT OF BORD SCAnnÁn nA ... - Irish Film Board

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10<br />

THE WAKE WOOD<br />

FI<strong>nA</strong>nCE<br />

RECOuPMEnT<br />

The <strong>Board</strong> shares in and recoups profits from revenues<br />

generated from sales for cinema, television, video etc. The<br />

<strong>Board</strong> advanced a total of €17,303,244 in feature development<br />

and production loans during 2009. In the same period, the<br />

<strong>Board</strong> recouped €1,380,377. This figure brings to 11% the<br />

recoupment rate on production feature loans advanced since<br />

the re-incorporation of BSÉ in 1993.<br />

ECOnOMIC DATABASE<br />

The Audiovisual Federation of IBEC, in conjunction with the<br />

<strong>Board</strong> and representatives of the Department of Arts, Sport<br />

and Tourism, Screen Producers Ireland, TG4 and RTÉ<br />

publishes annually the Economic Database. This report covers<br />

film and television projects made in Ireland each year.<br />

SCREEn TRAInInG IRELAnD<br />

During 2009, the <strong>Board</strong> made available €532,000 to FáS Screen<br />

Training Ireland for the direct provision of Industry Training.<br />

COnTRIBuTIOn TO EuROPEAn AGEnCIES<br />

BSÉ/IFB contributes financial support to the following<br />

organisations:<br />

Eurimages<br />

Eurimages, founded by the Council of Europe, provides<br />

production finance for European co-productions. Ireland has<br />

participated in the scheme since 1992. Brendan McCarthy<br />

represented Ireland on the Eurimages committee in 2009. The<br />

<strong>Board</strong> paid Ireland’s subscription in 2009, which was €291,669.<br />

MEDIA Desk Ireland<br />

MEDIA Desk Ireland provides information and advice on the<br />

MEDIA Programme, Eurimages, Eureka Audiovisual and<br />

also on Eu audiovisual policy. In 2009, the <strong>Board</strong> contributed<br />

€57,011 to the running of the Desk. The office is located in the<br />

<strong>Irish</strong> <strong>Film</strong> Centre, 6 Eustace Street, Dublin 2, and is open to<br />

enquiries and consultancy meetings from Monday to Friday.<br />

MEDIA Antenna<br />

The MEDIA Antenna is located in Galway <strong>Film</strong> Centre, Cluain<br />

Mhuire, Monivea Road, Galway and serves as a regional MEDIA<br />

office. It also has a particular remit to provide information and<br />

services to the growing <strong>Irish</strong> language audiovisual community.<br />

In 2009 the <strong>Board</strong> contributed €12,200 to the running costs of<br />

the Antenna.<br />

European Audiovisual Observatory<br />

The Observatory is an information network, which collects and<br />

distributes legal, economic and practical information on the<br />

audiovisual industry in Europe for the benefit of professionals<br />

and companies within the fields of television, film and video.<br />

The <strong>Board</strong> paid Ireland’s subscription fee of €19,737 in 2009.<br />

THE HANGED MAN<br />

STATEMEnT <strong>OF</strong> BOARD MEMBERS’ RESPOnSIBILITIES<br />

Section 20 (1) of the <strong>Irish</strong> <strong>Film</strong> <strong>Board</strong> Act 1980, requires the members of the <strong>Board</strong> to prepare Financial Statements<br />

in such form as may be approved by the Minister for Tourism, Culture and Sport with the consent of the Minister for<br />

Finance. In preparing those Financial Statements, the <strong>Board</strong> is required to:<br />

• Select suitable policies and then apply them consistently.<br />

• Make judgements and estimates that are reasonable and prudent.<br />

• Prepare the financial statements on the going concern basis unless it is inappropriate to presume<br />

that Bord Scannán na hÉireann/the <strong>Irish</strong> <strong>Film</strong> <strong>Board</strong> will continue in business.<br />

• State whether applicable accounting standards have been followed subject to any material departures<br />

disclosed and explained in the financial statements.<br />

Bord Scannán na hÉireann/the <strong>Irish</strong> <strong>Film</strong> <strong>Board</strong> is responsible for keeping proper books of account which disclose with<br />

reasonable accuracy at any time the financial position of Bord Scannán na hÉireann/the <strong>Irish</strong> <strong>Film</strong> <strong>Board</strong>. It is responsible<br />

for taking such steps as are necessary to safeguard the assets of Bord Scannán na hÉireann/the <strong>Irish</strong> <strong>Film</strong> <strong>Board</strong> and to<br />

prevent and detect fraud and other irregularities.<br />

James Morris Lesley McKimm<br />

Chair <strong>Board</strong> Member<br />

24 November 2010<br />

11

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