2008 balance sheet
| Previous year (EUR*) | Current year (EUR*) | |
|---|---|---|
Assets |
||
A. Fixed assets |
356 763 |
283 630 |
I. Intangible assets |
557 |
1 459 |
II. Tangible assets |
270 724 |
255 400 |
III. Long term investments |
85 482 |
26 771 |
B. Current assets |
1 017 031 |
2 114 425 |
I. Inventory |
||
II. Accounts receivable |
94 185 |
54 799 |
III. Short term investment (securities) |
605 734 |
742 541 |
IV. Cash and cash equivalents |
317 113 |
1 317 085 |
C. Prepaid expenses |
53 985 |
1 825 467 |
Total assets |
1 427 780 |
4 223 523 |
Sources |
||
D. Own capital |
1 362 867 |
2 398 286 |
I. Start up fund balance |
813 |
795 |
II. Change of fund balance |
1 348 605 |
1 331 726 |
III. Tied up reserve |
||
IV. Valuation reserve |
||
V. Result of current year |
525 |
1 055 213 |
VI. Result of current year from enterprise |
12 924 |
10 553 |
E. Marked reserves |
||
F. Liabilities |
63 554 |
1 823 678 |
I. Subordinated liabilities |
||
II. Long term liabilities |
||
III. Short term liabilities |
63 554 |
1 823 678 |
G. Accrued expenses |
1 358 |
1 559 |
Total net worth and liabilities |
1 427 780 |
4 223 523 |
Activity Statement 2008
A. Capital opening balance |
1 331 726 |
||
B. Income |
|||
1. Funds received for public benefit activities |
24 728 |
||
2. Grant support |
3 242 457 |
||
3. Income of own activities |
180 767 |
||
4. Income of enterprise |
18 402 |
||
5. Bank income |
353 666 |
||
Total Income |
3 820 020 |
||
C. Expenses |
|||
6. Personnel |
63 646 |
||
7. Programme costs |
203 920 |
||
Grant programs |
27 034 |
||
Greenway Program |
22 815 |
||
Civil Partner Program |
17 320 |
||
Norwegian Civil Fund |
110 425 |
||
Cost of Partners |
66 513 |
||
Own costs |
43 913 |
||
Fundraising |
15 360 |
||
Other |
10 966 |
||
8. Grants |
2 225 221 |
||
Grants given in Hungary¹ |
2 057 026 |
||
Transboundary grants² |
168 195 |
||
9. Fixed assets and depreciation |
12 461 |
||
10. Bank costs |
238 966 |
||
11. Other expenses |
10 040 |
||
Total Expenses |
2 754 254 |
||
D. Result of current year³ |
1 065 765 |
||
E. Capital closing balance |
2 397 491 |
||
Start up fund |
795 |
||
Capital total |
2 398 286 |
||
Program carry-over⁴ |
1 087 571 |
||
Own capital |
1 310 716 |
Figures in EUR
¹ Grants transferred until 31st of December, including deferred payments from last year
² Including the grants received and further transferred by HEPF to the Polish, Czech, Slovak and Romaninan and Bulgarian consortium members.
³ Not realised exchange rate profits of the grants received and transferred in EUR in the framework of NGO Fund of the EEA/Norwegian Financial Mechanism. The fund is being managed on a separate bank account.
⁴ Grants committed but not yet transferred in 2008.
Auditor’s report 2008
The auditor’s report can be downloaded in PDF format.
