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Center for the Study of Democracy
STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE YEAR ENDED 31 DECEMBER 2000

 

Financial statements

In BGN Note
31 December 2000
31 December 1999

Revenue from grants, contributions and projects

2

3,098,340

1,493,545

Expenses on grants, contributions and projects

3

(2,367,839)

(1,117,498)

General and administrative expenses

 

(91,122)

(27,982)

       

Gross excess of revenue over expenditure

 

639,379

348,065

       

Foreign exchange gains – net

4

162,879

116,633

Interest income

 

44,139

31,011

Other financial expenses

 

(6,862)

(6,083)

Other income

 

7,430

289

Provisions

5

11,306

(20,873)

       
       

Excess of revenue over expenditure for the year

 

858,271

469,042

       

Accumulated excess of revenue over expenditure brought forward

 

1,818,903

1,349,861

       

Unrestricted fund balances at 31 December, 2000

 

2,677,174

1,818,903

 

 

 

 

 

 

 

 

 

 

 

 

 

The Center's financial statements are to be read in conjunction with the notes to them and form az integral part of these statements set out on pages 5 to 12

 

 
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