| REPORT IN EUROS | ||||
2008 |
2007 |
|||
| Income | ||||
| Donations | 9,163.78 |
10,772.45 |
||
| Interest | 51.02 |
50.51 |
||
| Exchange rate profit | -0.10 |
8.40 |
||
| total | 9,214.70 |
10,831.36 |
||
| Expenses | ||||
| Foundation costs | 119.71 |
133.59 | ||
| Student fees | 1,897.44 |
0.00 |
||
| Student stipends | 1,601.21 |
2,107.31 |
||
| total | 3,618.36 |
2,240.90 |
||
| Income - Expenses | 5,596.34 |
8,590.46 |
||
BALANCE IN EUROS |
end 2008 |
end 2007 |
||
| Assets | ||||
| Cash | 0.56 |
0.67 |
||
| Bank accounts | 24,200.19 |
18,603.75 |
||
| Debtors | 0.00 |
0.00 |
||
| total | 24,200.75 |
18,604.42 |
||
| Liabilities | ||||
| Creditors | 0.00 |
0.00 |
||
| Capital | 24,200.75 |
18,604.42 |
||
| total | 24,200.75 |
18,604.42 |