OiEau - Annual report

Challenges The financial year of 2020 proved particularly challenging for the association. This led to a significant deterioration in results. Fortunately, the commitment of its staff and level of its funds will enable it to overcome this temporary setback. Faced with this health crisis, OiEau was able to invest more rapidly in the digitisation of its training courses. It also changed its international working methods by making greater use of video- conferencing to maintain strong links with local partners. The association must now: • restore a level of profitability that allows it to continue to invest in its production tools (technical platforms, digitisation of certain actions, remote project management, etc.), • continue to diversify its activities and customers in light of reduced public funding, • make judicious use of new, highly skilled human resources in order to respond rapidly to the latest developments and new needs in the water sector. The main revenue families OiEau's revenue from activities can also be broken down into the main accounting families. This makes it possible to see the proportion of subsidies and also the breakdown of commercial revenue between France and the rest of the world (according to the nationality of the backer): Major expense items For OiEau, the main expense items are Payroll, Purchases and Consumables, Depreciation & Provisions, and Taxes. The trend since last year is as follows (as a percentage of Operating Income): 14% 37% 44% 1% 4% 2020 2019 Payroll 66,9 % 56,8 % Purchases 29,6 % 34,5 % Deprec. & Prov. 6 % 4,5 % Taxes 3,4 % 4,1 % Contributions Subsidies French operating revenues Other products International operating revenues 57