|
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.
|
