CENTER FOR THE STUDY OF DEMOCRACY
BALANCE SHEET
31 DECEMBER 1997
| |
Note
 |
1997
USD
|
1996
USD
|
| ASSETS |
|
|
|
| Current assets |
|
|
|
| Cash at bank and in hand |
3 |
626,982 |
424,034 |
| Deferred expenses |
|
140,001 |
45,941 |
| Receivables |
4 |
14,726 |
29,970 |
|
|
781,709 |
499,945 |
| Non-current assets |
|
|
|
| Fixed assets |
5 |
96,790 |
128,261 |
| Investments |
6 |
882 |
882 |
|
|
97,672 |
129,143 |
Total assets |
|
879,381 |
629,088 |
LIABILITIES AND FUND BALANCES |
|
|
|
| Current liabilities |
|
|
|
| Accounts payable |
|
77,070 |
6,775 |
| Deferred revenue |
7 |
123,076 |
72,528 |
| |
|
|
|
| Total liabilities |
|
200,146 |
79,303 |
Unrestricted fund balances |
|
679,235 |
549,785 |
Total liabilities and fund balances |
|
879,381 |
629,088 |
The accompanying notes are an integral part of these
financial statements.
|
