The components of ANACOM's financial plan for the 2016-2018 period are listed in Annex IV and are as follows:
- Investment plan (for projects).
- Income plan.
- Expenses plan.
- Income statement by nature.
- Cash Budget.
- Balance statement.
- Cash flow statement.
The Investment plan for 2017 and 2018 is reduced compared to 2016, with a decrease in investments associated with the SIC (which enters the operational phase and therefore incurs expenses under supplies and services) and a reduction in investment related to technical equipment and, as a result of measures set out in the 2015-2017 Strategic Plan for Information Systems, investment in IT equipment.
The Income plan remains based on proceeds from the settlement and collection of all fees payable to ANACOM by providers of electronic communications networks and services, depending on the regulatory costs incurred by the respective regulatory activities, and fees charged for the use of frequencies and the use of numbering, which together represent about 96 percent of total income. It also comprises regulatory fees in respect of postal services and other revenues, which account for the remaining 4 percent.
In the period covered by the 2016-2018 Plan, overall income levels are expected to stabilise, with a tendency towards a slight reduction to the order of 1.5 percent in 2017 and 2018, due to an expected decrease in regulation fees applied to electronic communication operators given the estimated reduction in regulation costs and due to the reduction of licensing in the land mobile service market.
Meanwhile, the Plan sets out a gradual reduction in overall expenditure levels in nominal terms. Under personnel costs, ANACOM expects to maintain staff numbers over the period, with full restoration of the temporary salary reduction in 2017 and no additional change in personnel costs in 2018.
The remaining accounting and financial statements are also presented - these were prepared based on the income, expenditure and investments, as already explained, and were prepared also according to the accounting criteria of the SNC, as is ANACOM's practice and as is accepted by ANACOM's auditors.
