|
For the year ended 31 December 2002
| In BGN |
Note |
2002 |
2001 |
| Revenue from grants, contributions and projects |
2
|
1,600,208
|
1,894,707
|
| Expenses on grants, contributions and projects |
3
|
(1,309,901)
|
(1,520,860)
|
| General and administrative expenses |
|
(110,310)
|
(109,072)
|
|
Gross excess of revenue over expenditure
|
|
179,997
|
264,775
|
| Foreign exchange gains/(loss) - net |
4
|
(271,974)
|
6,335
|
| Interest income |
|
24,981
|
47,099
|
| Other financial expenses |
|
(5,757)
|
(7,036)
|
| Other income |
|
8,778
|
7,542
|
| Impairment of assets |
5
|
-________
|
(19,611)
|
| Excess / (Surplus) of revenue over expenditure for |
|
(63,975) |
299,104 |
| |
|
|
|
| Financial income |
9 |
30,433 |
- |
| Income tax |
9 |
(7,151) |
-________ |
| Profit from trading activities |
|
23,282 |
- |
| |
|
|
|
| Total excess / (surplus) of revenue over expenditure for
the year |
|
(40,693) |
299,104 |
| |
|
|
|
| Accumulated excess of revenue over expenditure brought forward |
|
2,976,278 |
2,677,174 |
| |
|
|
|
| Unrestricted fund balances at 31 December 2002 |
|
2,935,585 |
2,976,278 |
The financial statements of the Center for the Study of Democracy are to be
read in conjunction with the notes to them and form an integral part of these
statements set out on pages 5 to 19.
|
