The European Court of Auditors on the annual accounts of the Clean Sky Joint Undertaking for the financial year 2018
1. The European Court of Auditors (ECA) has reported on the annual accounts of the Clean Sky Joint Undertaking for the financial year ended 31 December 2018.
2. The JU for the implementation of the Joint Technology Initiative in Aeronautics (Clean Sky JU), located in Brussels, was set up in December 2007 for a period of ten years (Clean Sky 1). On 6 May 2014, the Council extended the lifetime of the JU for the period up to 31 December 2024 (Clean Sky 2). The main role of the Joint Undertaking is, as a large technological research programme, to accelerate delivery of development, validation and demonstration of clean air transport technologies in the EU for the earliest possible deployment, and to enhance the competitiveness of European aviation.
3. The Governing Board of the Joint Undertaking supervises the Joint Undertaking’s activities and approves its accounts.
4. In the Court’s opinion, the accounts of the JU for the year ended 31 December 2018 present fairly, in all material respects, the financial position of the JU at 31 December 2018, the results of its operations, its cash flows, and the changes in net assets for the year then ended, in accordance with its Financial Regulation and with accounting rules adopted by the Commission’s accounting officer. These are based on internationally accepted accounting standards for the public sector.