Income-Generating Activities - Action Against Hunger

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12.10 An audit can be included in order to double-check the Group financial and
economic activities by the Group General Assembly.
13. Business accountancy and financial report
13.1. The Group carries out business accountancy and gives financial and statistic
reports according to the procedure defined by the Legislation of RoA.
13.2. The Group accountant is responsible for business accountancy, which is a
Directorate member at the same time and is elected by the Group General
Assembly.
13.3. The Directorate is responsible for the quality of organisation of the Group business
accountancy and its authenticity, for timely accomplishment of yearly, financial
and statistic reports and giving them to the state bodies, as well as for
information about the Group given to the Group creditors and media.
14. Profit distribution
14.1. The net profit formed as a result of economic activities of the Group is distributed
between the Group members equally.
14.2. The distributed profit is calculated taking out all direct and indirect expenses
of yearly income, as well as the necessary expenditures foreseen for
the production and salary calculations of the following year.
14.2.1. The salary calculations are carried out according to the attendance
sheet.
14.2.2. The Group General Assembly can fix salary amounts for each working
norm based on the prices in the area.
14.3. The profit distribution date, time and place are defined by the General Assembly.
14.4. The profit distribution control is realised by the Council for each activity.
14.5. Distributing commission is elected by General Assembly members of which
distribute the small parts between each other.
14.6. Disputes during the distribution should be settled through negotiations.
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INCOME GENERATING ACTIVITIES: A KEY CONCEPT IN SUSTAINABLE FOOD SECURTIY