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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 2001

 

In BGN
Note
2001
2000

Revenue from grants, contributions and projects

2

1,894,707

3,098,340

Expenses on grants, contributions and projects

3

(1,520,860)

(2,367,839)

General and administrative expenses

 

(109,072)

(91,122)

       

Gross excess of revenue over expenditure

 

264,775

639,379

       

Foreign exchange gains/(loss) – net

4

6,335

162,879

Interest income

 

47,099

44,139

Other financial expenses

 

(7,036)

(6,862)

Other income

 

7,542

7,430

Provisions

5

(19,611)

11,306

       
       

Excess of revenue over expenditure for the year

 

299,104

858,271

       

Accumulated excess of revenue over expenditure brought forward

 

2,677,174

1,818,903

       

Unrestricted fund balances at 31 December, 2001

 

2,976,278

2,677,174

 

 

 

 

Unrestricted fund balance As at 31 December 2001

InBGN  
2001
2000
Balance at 1 January 2001  
2,677,174
1,818,903
Revaluation for the period  
-
-
Excess of revenue over expenditure for the year  
299,104
858,271
Balance at 31 December 2001  
2,976,278
2,677,174

 

 

The Center's financial statements are to be read in conjunction with the notes to them and form an integral part of these statements set out on pages 6 to 13.

 

 
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