Tuesday, December 16, 2014

The Teatro Real accounts and balances and expected surplus in 2015 – World

The crisis has left the Real without EUR 62 million since 2009, which would have given the government had maintained its contribution, but has left the “stronger” trance ” course “,” viable “, while for 2015 expected surplus without undermining their” excellence “.

The board of the Foundation Teatro Real met this morning at a regular meeting to know the Evolution Coliseum and has been “very happy” with the accounts for 2015 that have submitted the president, Gregorio Marañón; CEO, Ignacio García-Belenguer; and artistic, Joan Matabosch.

With a funding model involving a radical paradigm shift, since 53% -27.7 million- public contribution in 2009 have passed the 30% -14 58 million euros, the budget for 2015 is 43,659,192 euros and a projected surplus of 500,000 euros , explained at a press conference Marañón, García-Belenguer and Matabosch.

The artistic director stressed that maintain their quality productions, because “there is a balance” and “ stable co-production agreements ” planned “long term” with theaters like the Royal Opera House or the Paris Opera. “We changed the model and ended happily,” added

Throughout 2015, the fifth cultural institution in the country and first in music and performing arts has ” ambitious program “of 92 representations nine operas; 14 four ballet; ten concerts and recitals; and 84 sessions of the educational program, among other activities, which will allocate 12.7 million euros.

“Embocamos aware that 2015 is a turning point,” he assured Marañón, who emphasized in several occasions that the decline in public contribution was “the only problem,” “the single mismatch” which “multi-ton ship with a very large inertia” as the Real has had to cope . The challenge, he said, have dealt with their own resources, without debt, without extraordinary public aid and without resorting “to feasibility plans or rescue.”

“Luckily he has said that we have not expected to know the study that the Court of Auditors (TC) “, which reported audit of the accounts of 2012 Real and remedial proposals last week in Congreso.Para” surprise has done, “” the only “blinded the TC, which drew ” a doomsday scenario then denied by the data “, was that since 2009″ there are 62 million less public input “,” I want to be respectful, but the report which says that the theater is not ‘feasible’ does not have much credibility. “

Of the 12 million who received public subsidies in 2014, the Real, has stressed Marañón,” Total “ EUR 10 million in taxes and Social Security. “In other words, the return of economic activity is much higher than that administrations have made. We leave this exercise with only 30% of public input on the budget-a 2% more than in 2014, a percentage that is the lowest of all Spanish operatic institutions and continental Europe, “he explained.

Their managers were” convinced “since 2008 that the crisis” would lead to a paradigm shift “and the theater “I had to change to be viable.” “The institutions that create that will relive general government are wrong and will continue to use it is euphemistically called ‘viability plans,’” he warned.

Marañón has stressed that, to that restructuring exits the Real “strengthened” this “serious crisis” have coped with “solidarity and spirit no victim” workers among the 1953 direct and indirect jobs theater.

The reduction and cost control, increased sponsorship and own revenues have been the keys to recovery, detailed García-Belenguer, which the Real has extended his contract until 2020. The CEO explained that 43 million budget for 2015, 13.1 come from the administrations -Ministry of Education, Culture and Sports, Community of Madrid and City Council of Madrid, 10.4 sponsorship -aportados by 98 companies- 14 ticketing and 6 of the activity “Teatro Real brand” items latter which have risen 6% and 12%, respectively, compared with 2014.

The adjustment budget has been a decline from 2009 of 44% in operating expenses, 26% in the cost of production and 23% for staff, totaling more than 12 million.

Marañón has announced that Real constitute an International Council will aim to increase the participation of civil society internationally, who will chair Helena Revoredo and will have a maximum of 20 people, including Barroso.

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