Paragraph 4: Cash and cash equivalents

The cash available to a skills operator at 31 December of a given year for work-linked training or the skills development plan may not exceed one third of the expenses recorded during the last financial year, after deduction of depreciation and provisions other than those relating to a dispute with a training body.

Cash and cash equivalents at 31 December comprise the amounts shown in the investment, bank and cash accounts, as defined in the chart of accounts provided for in article R. 6332-35. However, investments are valued at their net asset value.

Cash in excess of the amounts available to a skills operator in application of articles R. 6332-27 is paid to France Compétences before 30 April of the year following the end of the financial year.