CARE Nepal Annual Report 2008

Audited Balance Sheet
1st July-07 to 30th June, 2008
Discription
Figures in USD
Current Year (FY-08) Previous Year (FY-07)
Assets
Cash 439044.97 513,924.18
Grants/Contracts/Contributions/Receivables 788,914.11 318973.82
Other Receivables 433474.81 406548.7
Prepayment/Deposits 2001.76
Inventories 5311.24
Intra Company Receivables 1749326.51 1805512.3
Total Assets 3,418,073.40 3,044,959.00
Liablities
Account Payable/Miscellaneous Payable 260315.15 87392.85
Program Advances from Donors 1449844.88 1175928.63
Payroll taxes and Other deductions 17921.91 (1861.24)
Accruals and Provisions 1394533.57 1469326.95
Total Liabilities 3,122,615.51 2,730,787.19
Audited Income Statement
Total Net Assets 295,457.89 314,171.81
Grand Total 3,418,073.40 3,044,959.00
1st July-07 to 30th June-08
Figures in USD
Description
Current Year (FY 08 ) Previous Year (FY-07)
Income
Income from Grant and Contract
- Direct Revenue 8,462,604.59 6,886,677.57
- Indirect Revenue 58,445.22 207,041.47
Grants and Support from Lead member 451,706.91 465,414.57
Cost of Capital 63,845.00 88,225.00
Miscellaneous Income 2,700.04 3,945.88
Total Income 9,039,301.76 7,651,304.49
Less: Expenditure
Grants/sub grants/Seed Capital 4,082,301.84 3,158,294.45
Intra company grants and supports (ICR) 58,445.22 207,041.47
Personnel Cost 2,559,102.90 2,441,833.12
Professional services 257,101.83 313,309.59
Equipment Purchased 133,821.66 83,405.00
Materials/Services and Consumables 1,186,731.44 847,934.55
Travel and Transportation 571,046.08 322,767.45
Occupancy 181,624.62 173,874.45
Financing/Depreciation/Miscellaneous 12,840.46 11,898.09
Total Expenditure 9,043,016.05 7,560,358.17
Excess of Income over Expenditure (3,714.29) 90,946.32