The OPC confidently guarantees its use of best practice in management, allowing each and every individual or corporate donor to offer their support resting assured that their contribution will be used in the most effective way and that its destination will be transparently evident.
Our accounts are prepared by independent financial experts, and
Certified by external auditors.
To download the Auditor’s Report of our 2015 accounts (in French), click on the icon below:
To download our 2015 Financial Report (in French), click on the icon below:
To download our 2015 Essentiel, click on the icon below:
To download the Auditor’s Report of our 2014 accounts (in French), click on the icon below:
To download our 2014 Financial Report (in French), click on the icon below:
To download the Auditor’s Report of our 2013 accounts (in French), click on the icon below:
To download our 2013 Financial Report (in French), click on the icon below:
From the Treasurer
Thanks to your generosity, 2012 saw a rise in the resources available to us, which has allowed us to continue in earnest to develop our programmes to preserve the sight of the most under-privileged populations in Francophone Africa. _However, the financial report is contrasting to say the least. The increase in our resources is owed in a large part to the growth in number and value of bequests and endowments, by their nature unpredictable, and of business partnerships. But this was accompanied by a concerning fall in the number of regular and one-off individual donations, that underpin the sustainability and independence of our organisation. _Now more than ever, we need to remain committed and intensify our efforts in 2013. A crucial year in which importantly we will debut two large-scale trachoma projects in the Central African Republic and in Chad. _At all levels and by all implicated in our work, our commitment is and will always be to saving the sight of millions of people amongst those the most vulnerable in the world. We would like to thank every individual and organisation that supports us in this work. _Pierre Huguet, Treasurer of the OPC
IN COMPARISON WITH 2011
Solid increase in resources
The OPC’s financial resources saw an increase of 43% over the year (after having fallen by more than 31% in the previous year), due in large part to the growth in number and value of bequests, endowments and corporate partnerships. On the other hand, one-off and regular private donations fell by 15%, attributable to some extent to a reduction in the number of mailings sent out to donors.
Thanks to the increase in the financial resources available to us, the OPC has been able to effect an increase of nearly 28% in spending on programmes whilst maintaining day-to-day running costs at 6.3% of our budget and reducing costs associated with fundraising.
Balance Sheet 2012 (English, in PDF format)
Use of funds 2012 (English, in PDF format)
Balance Sheet 2011 (English, in PDF format)
Use of funds 2011 (French, in PDF format)
IN COMPARISON WITH 2010
Fall in revenue
The OPC’s financial resources saw a depletion of 31.61% over one year, despite the fact that the level of support received from individuals has remained unchanged. Therefore it is evident that this decrease was as a result of a steep decline in both grants received from businesses facing difficult economic conditions, as well as legacy donations - a source that is by its very nature unpredictable and uncertain.
Distinct reductions in spending
Faced with a reduced resource base, the OPC successfully managed to reduce spending by 19.01% without affecting its programmes, but through drastic efficiency savings in running costs and personnel spending.
Key in-kind donations
Optic equipment with a value of 214,910 € sent to Mali
Free publication of a full-page advert in the French daily Direct Matin on 31/01/2011, with an effective value of 70,400 €
Balance sheet 2010 (French, in PDF format)
Use of funds 2010 (French, in PDF format)
Balance sheet 2009 (French, in PDF format)
Use of funds 2009 (French, in PDF format)
Use of funds (French, in PDF format)
Use of funds (French, in PDF format)