1. Programme cash flow
8 September 2017
Interact Programme

2. WHY is it important to prepare cash flow at the programme level?
To ensure that financial resources are available to reimburse beneficiaries timely!
HOW to prepare programme cash flow?
Find out which elements to take into account on the next slides!

3. Programme bank account
Recovery from the beneficiary
Payment claims (interim, final)
MS national contributions
Interests
Reimburse-ment
Programme bank account
Positive balance of annual accounts
Pre-financing (initial, annual)
Payments to projects
Error rate
Decommit-ment
Negative balance of annual accounts
Please click on the each element for information. ‘Programme bank account’ is clickable as well.

4. Example of programme cash flow prognosis
Required implementation to reach N+3 rule
ERDF Payments
ERDF Pre-financing
National Pre-financing
ERDF Payment Claims
ERDF Accounts
Cash at the end of each month
target amount
actual amount
paid to projects
paid by EC
paid by MS
sent to EC

5. Cooperation works