Akshaya Patra - Annual Report 2015
The annual report is developed with a purpose of highlighting the effort of ‘Giving every dream a chance’ in addition to encapsulating the progresses and development of Akshaya Patra for the financial year 2014-15.
The annual report is developed with a purpose of highlighting the effort of ‘Giving every dream a chance’ in addition to encapsulating the progresses and development of Akshaya Patra for the financial year 2014-15.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
TRUSTEES’ REPORT<br />
To The Stakeholders,<br />
Your Foundation’s Trustees are pleased to present <strong>Annual</strong> <strong>Report</strong> of the 15 th year of the Foundation along<br />
with audited accounts under Indian GAAP and IFRS for the Financial Year ended 31 st March <strong>2015</strong>.<br />
Financial Performance<br />
Extract of For the year ended For the year ended Fiscal <strong>2015</strong><br />
Income & Expenditure Account 31-Mar-15 31-Mar-14<br />
Vs. 2014<br />
` (In Lakhs) % of Income ` (In Lakhs) % of Income % Increase/<br />
(Decrease)<br />
Income from:<br />
Donations 8,489.25 35.81% 6,136.78 32.40% 38.33%<br />
Subsidies 14,774.69 62.33% 12,495.22 65.98% 18.24%<br />
Others 440.91 1.86% 307.17 1.62% 43.54%<br />
Total Income 23,704.85 100.00% 18,939.17 100.00% 25.16%<br />
Expenditure towards:<br />
Materials and utilities consumed 12,304.29 51.91% 10,355.10 54.68% 18.82%<br />
Personnel cost 5,481.66 23.12% 4,596.02 24.27% 19.27%<br />
Other operating expenses 3,471.62 14.65% 3,024.65 15.97% 14.78%<br />
Total Expenditure 21,257.57 89.68% 17,975.77 94.91% 18.26%<br />
Operating Results 2,447.28 10.32% 963.40 5.09% 154.03%<br />
Depreciation 2,062.23 8.70% 1,513.75 7.99% 36.23%<br />
Net Operating Results 385.05 1.62% (550.35) -2.90% -169.97%<br />
Extract of For the year ended For the year ended Fiscal <strong>2015</strong><br />
Receipt & Payments Account 31-Mar-15 31-Mar-14<br />
Vs. 2014<br />
` (In Lakhs) % of Receipts ` (In Lakhs) % of Receipts Increase /<br />
(Decrease)<br />
Opening Balance 5,782.96 4,122.74 1,660.22<br />
Receipts from:<br />
Donations 14,703.40 53.27% 10,680.26 52.54% 4,023.14<br />
Subsidies 12,503.14 45.30% 9,383.34 46.16% 3,119.80<br />
Others 395.26 1.43% 262.89 1.29% 132.37<br />
Total Receipts (A) 27,601.80 100.00% 20,326.49 100.00% 7,275.31<br />
Payments towards:<br />
Revenue Expenditure 18,122.89 65.66% 15,268.48 75.12% 2,854.41<br />
Capital Expenditure 3,142.62 11.39% 3,365.41 16.56% (222.79)<br />
Others 10.01 0.04% 32.38 0.16% (22.37)<br />
Total Payments (B) 21,275.52 77.08% 18,666.27 91.83% 2,609.25<br />
Excess of Receipts over<br />
Payments (A-B) 6,326.28 22.92% 1,660.22 8.17%<br />
Closing Balance 12,109.24 5,782.96 6,326.28<br />
73
Change language