For the year ended 31
December 1998 |
|
Notes |
|
BGL '000 |
Revenue from
grants, contributions and projects |
1 |
|
1,222,918
|
Expenses on
grants, contributions and projects |
2 |
|
(1,153,263)
|
General and
administrative expenses |
|
|
(34,269)
|
Gross excess
of revenue over expenditure |
|
|
35,386
|
Foreign
exchange gains – net |
3 |
|
86,199
|
Interest
income |
|
|
52,589
|
Other financial
expenses |
|
|
(7,065)
|
Extraordinary
income-net |
4 |
|
32,941
|
|
|
|
200,050
|
Gain on net
monetary position |
|
|
(7,975)
|
Excess of
revenue over expenditure for the year |
|
|
192,075 |
Accumulated
excess of revenue over expenditure brought forward |
|
|
1,157,786
|
Unrestricted
fund balances at 31 December 1998 |
|
|
1,349,861 |
|
|