Analysis

Analysis

This is a summary of the audited financial statements, the complete annual accounts are available here

Analysis of the results for 2015 in comparison to 2014 and the budget for 2015

The total income in 2015 was € 21,602,399, an all-time high. Income from our own fundraising increased by € 2,855,000 compared to last year’s result, and was  
€ 4,461,000 higher than budgeted, chiefly because of the increase in donations from companies and other organizations. Income from subsidies decreased by € 3,082,000, as compared to 2014, but was € 745,000 higher than budgeted because of new subsidies approved in 2015. Spending in 2015 was € 21,188,027, which is only € 6,000 lower than in 2014 and € 5,188,000 higher than budgeted, because of the increase in income. Of total spending, more than € 20,222,000 was directly spent on our objectives. All of these fluctuations led to a result of € 414,372 in the statement of income and expenditure in 2015 (where 2014 had a shortfall of € 43,628). 


Historical summary

The table below shows the financial results for the past five years (in euros). 

Income 2015 2014 2013 2012 2011
Income from own fundraising 7,638,729 4,783,365 4,404,304 4,144,817 4,734,759
Other income 13,963,670 16,366,898 14,686,466 14,989,508 10,370,658
Total income 21,602,399 21,150,263 19,090,770 19,134,325 15,105,417
Expenditures
Communication and information 628,141 624,035 706,693 646,116 341,336
Structural aid 19,594,336 19,748,319 18,876,282 17,885,868 14,018,860
Total expenditure on objectives 20,222,477 20,372,354 19,582,975 18,531,984 14,360,196
Total costs of income generation 830,710 688,571 829,354 584,476 512,143
Management and administrative costs 134,840 132,966 137,781 130,483 124,730
Total expenditures 21,188,027 21,193,891 20,550,110 19,246,943 14,997,069
Surplus 414,372 -43,628 -1,459,340 -112,618 108,348