ANNEX 2 Brief financial overview

The RvA is a non-profit organisation on the basis of its Articles as well as pursuant to the European Regulation 765/2008. Our independence is guaranteed via the Dutch National Accreditation Body Appointment Act (Wet aanwijzing nationale accreditatie-instantie) and by a modern governance structure with the Board of Super-

Financial Accounts

The figures below have been taken as a summary from the adopted annual accounts for 2017. No rights can be derived from them. You can download the full annual accounts via

PROFIT AND LOSS ACCOUNT (X €1,000)

visors, the Accreditation Committee, the Advisory Panel of Interested Parties and the User Council. We also guarantee our independence by a healthy capital position. This is why we are resilient against financial risks which might arise, for instance if conformity assessment organisations would decide to terminate the accreditation.

The result will be fully added to the equity capital.

our website (www.rva.nl) or request them from us via telephone number +31 (0)30 239 45 00.

BALANCE SHEET AS AT 31 DECEMBER (X €1,000) AFTER APPROPRIATION OF THE RESULT

The capital need was evaluated recently in 2014 and will be re-evaluated in 2019. Partly considering the changed status of the RvA in 2010 into an autonomous administrative authority, it has been decided to maximise the buffer capital (equity capital -/- special-purpose reserve) to be pursued in the coming years at 4 million euros. The amount of the buffer capital at year-end 2017 was 3,798,303 euros; at year-end 2016 this was 3,744,914 euros.

Rates

The starting point - subject to special circumstances - is that the rates increase on average by no more than the index of Statistics Netherlands (CBS) for business services. In 2017 we increased the annual contribution for the initial registration by a mere 0.3%. The rate for subsequent registration has been increased by 1.4%. The difference between both rates has thereby been further reduced. Eventually these rates should be level, regardless of the number of registrations. We also adjusted the day rate for assessors, who determine the majority of our income, by 1.4%. The next table represents the development of the rates:

The selection procedure for the audit announced last year has been postponed by one year. In consultation with the Board of Supervisors it has been decided to extend the assignment to the accounting firm KPMG by one year. In the second quarter of 2018 the selection procedure will commence for the accounting services with regard to the audits for the coming years.