|
Center for the Study of Democracy
STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES FOR THE YEAR ENDED 31 DECEMBER 2000
Financial statements
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In BGN |
Note
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31 December 2000
|
31 December 1999
|
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Revenue from grants, contributions and projects
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2
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3,098,340
|
1,493,545
|
|
Expenses on grants, contributions and projects
|
3
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(2,367,839)
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(1,117,498)
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General and administrative expenses
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(91,122)
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(27,982)
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|
|
|
|
|
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Gross excess of revenue over
expenditure
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639,379
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348,065
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|
|
|
|
|
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Foreign exchange gains – net
|
4
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162,879
|
116,633
|
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Interest income
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|
44,139
|
31,011
|
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Other financial expenses
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(6,862)
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(6,083)
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Other income
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|
7,430
|
289
|
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Provisions
|
5
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11,306
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(20,873)
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|
|
|
|
|
|
|
|
|
|
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Excess of revenue over expenditure for the
year
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858,271
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469,042
|
|
|
|
|
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Accumulated excess of revenue over expenditure
brought forward
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1,818,903
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1,349,861
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|
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Unrestricted fund balances
at 31 December, 2000
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2,677,174
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1,818,903
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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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