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Model financial statement

Model financial statement (Annex VI to the Model LIFE Grant Agreement)

Update 25/10/2017: Please note that individual and consolidated financial statements (FS) have been modified; For those projects that use the previous financial statement of the individual beneficiary it is useful to check the explanation in the headings and at the bottom of the new template since it may facilitate the completion of the document in the correct way. All projects should however, use the new template of the consolidated financial statement when submitting the final financial statement (or the interim financial statement in case of integrated projects).

Download: FINANCIAL STATEMENT of the INDIVIDUAL Beneficiary
Updated 25/10/2017: the template has been made more user friendly (i.e. more explanation in the headings and at the bottom of the sheets which help to complete the sheets correctly, include possibility to add 10 rows at the time,…). A correction was done for the CAP building strand to take out the possibility to encode the 'overheads' which are not eligible, correction formula VAT calculation.

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Download: Consolidated Financial statement
Updated 27/11/2018:The modification concerns a simplification in the ‘cost summary’ sheet of the consolidated financial statement: the budget shift information at final report stage (within the 20% of the eligible cost flexibility foreseen in the grant agreement) is no longer to be encoded per individual beneficiary but only on project level.  Coordinating beneficiaries will find a practical guidance on how to complete the costs summary table for requesting the budget shift within the threshold of 20% of the eligible cost flexibility.

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Download: Practical guidance

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