|
Financial statements as at 31 December
2001
| In BGN |
Note |
2001
|
2000
|
|
OPERATING ACTIVITIES
|
|
|
|
|
Gross excess of revenue over expenditure
|
|
299,104
|
858,27
|
|
Adjustments for:
|
|
|
|
|
Depreciation
|
|
48,375
|
25,863
|
|
Foreign exchange loss from revaluation assets and
liabilities denominated in foreign currency
|
|
4,709
|
9,651
|
|
Increase/ (decrease) of provisions
|
5
|
19,611
|
(11,306)
|
|
Cash flow from operating activities before
changes in working capital
|
|
371,799
|
882,472
|
|
(Increase)/ decrease in assets from operating
activities
|
|
718,763
|
103,389
|
|
Increase/ (decrease) liabilities from operating
activities
|
|
(99,084)
|
(910,821)
|
|
Cash flows from operating activities
|
|
991,478
|
75,047
|
|
INVESTING ACTIVITIES
|
|
|
|
|
Purchase of tangible fixed assets
|
|
(149,731)
|
(111,190)
|
|
Cash flows from investing activities
|
|
(149,731)
|
(111,190)
|
|
Net increase in cash and cash equivalents
|
|
841,747
|
(36,143)
|
|
Cash and cash equivalents at beginning of year
|
|
1,544,861
|
1,581,004
|
|
Cash and cash equivalents at end of year
|
|
2,386,608
|
1,544,861
|
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 6 to 13.
|
