Revenue from grants, contributions and projects

2

1,493,530

1,222,918

Expenses on grants, contributions and projects

3

(1,116,569)

(1,153,263)

General and administrative expenses

(27,982)

(34,269)

Gross excess of revenue over expenditure

348,979

35,386

Foreign exchange gains – net

4

116,633

86,199

Interest income

31,011

52,589

Other financial expenses

(6,083)

(7,065)

Other income

289

Extraordinary income - net

5

(914)

32,941

Provisions

(20,873)

Net excess of revenue over expenditure

469,042

200,050

Gain on net monetary position

-

(7,975)

Excess of revenue over expenditure for the year

469,042

192,075

Accumulated excess of revenue over expenditure brought forward

1,349,861

1,157,786

Unrestricted fund balances at 31 December 1999

1,818,903

1,349,861