Center for the Study of Democracy
STATEMENTS OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCES FOR THE YEAR ENDED 31 DECEMBER 2000
Financial statements
In BGN |
Note
|
31 December 2000
|
31 December 1999
|
Revenue from grants, contributions and projects
|
2
|
3,098,340
|
1,493,545
|
Expenses on grants, contributions and projects
|
3
|
(2,367,839)
|
(1,117,498)
|
General and administrative expenses
|
|
(91,122)
|
(27,982)
|
|
|
|
|
Gross excess of revenue over
expenditure
|
|
639,379
|
348,065
|
|
|
|
|
Foreign exchange gains – net
|
4
|
162,879
|
116,633
|
Interest income
|
|
44,139
|
31,011
|
Other financial expenses
|
|
(6,862)
|
(6,083)
|
Other income
|
|
7,430
|
289
|
Provisions
|
5
|
11,306
|
(20,873)
|
|
|
|
|
|
|
|
|
Excess of revenue over expenditure for the
year
|
|
858,271
|
469,042
|
|
|
|
|
Accumulated excess of revenue over expenditure
brought forward
|
|
1,818,903
|
1,349,861
|
|
|
|
|
Unrestricted fund balances
at 31 December, 2000
|
|
2,677,174
|
1,818,903
|
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 5 to 12
|