Annual Report 2012 - African Agricultural Technology Foundation
Annual Report 2012 - African Agricultural Technology Foundation
Annual Report 2012 - African Agricultural Technology Foundation
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60 AATF <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />
Statement of financial position<br />
As at 31 December <strong>2012</strong> (US$)<br />
<strong>2012</strong> 2011<br />
ASSETS<br />
Non-current assets<br />
Equipment and motor vehicles 174,021 71,028<br />
Intangible assets 4,383 9,273<br />
178,404 80,301<br />
Current assets<br />
Grants receivable 729,801 115,655<br />
Other receivables 457,502 204,489<br />
Bank deposits 14,268,012 4,246,018<br />
Bank and cash balances 1,241,944 1,627,153<br />
16,697,259 6,193,315<br />
Total assets 16,875,663 6,273,616<br />
EQUITY AND LIABILITIES<br />
Current liabilities<br />
Unexpended grant payable 11,760,374 2,617,178<br />
Deferred income 11,979 21,211<br />
Payables and accruals 604,776 418,405<br />
12,377,129 3,056,794<br />
Fund balances 4,498,534 3,216,822<br />
Total liabilities and fund balances 16,875,663 6,273,616<br />
Deploying agricultural technologies for farmers
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