CIFA Annual Review 2020
Cyprus Investment Funds Association Annual Review 2020
Cyprus Investment Funds Association Annual Review 2020
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Cyprus Investment Funds Association (<strong>CIFA</strong>)<br />
Financial Statements for the year ended 31 December 2019 45<br />
STATEMENT OF FINANCIAL POSITION<br />
2019 2018<br />
Note € €<br />
ASSETS<br />
Current assets<br />
Trade and other receivables 8 35.595 21.600<br />
Cash and cash equivalents 9 108.006 122.809<br />
Total assets 143.601 144.409<br />
SURPLUS AND LIABILITIES 143.601 144.409<br />
Equity<br />
Accumulated surplus 122.768 139.822<br />
Total equity 122.768 139.822<br />
Current liabilities<br />
Payables 10 20.833 4.587<br />
20.833 4.587<br />
Total equity and liabilities 143.601 144.409<br />
On ................... 2021 the Board of Directors authorised these financial statements for issue.<br />
Andreas Yiasemides<br />
President<br />
Maria Panayiotou<br />
Secretary<br />
The notes on pages 48 to 53 form an integral part of these financial statements.
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