CEF Annual report 2021

74 CEF FINANCIAL REPORT 2021
NOTES TO THE FINANCIAL STATEMENTS 75
New investments in 2021 comprise electronic equipment (computers, printers, projectors). The CEF’s equipment is
not pledged. Liabilities for purchase of equipment as of December 31, 2021 amount to EUR 19,383 and in amount
to EUR 6,405 as of December 31, 2020.
NOTE 4: CASH AND CASH EQUIVALENTS
EUR
Cash and cash equivalents December 31, 2021 December 31, 2020
NOTE 3: TRADE RECEIVABLES
Trade receivables December 31, 2021 December 31, 2020
Banka Slovenije 1,517 0
IMF 0 38,766
Other receivables 64,227 36,742
Total 65,744 75,508
Trade receivables comprise claims from projects and other receivables from original documents and without any
valuation adjustment.
Trade receivables are non-interest bearing. The method of impairment did not change in 2021.
Trade receivables change from year to year depending on the life cycle of a project run by the CEF.
Other receivables comprise VAT refunds and social security refunds.
EUR
Cash and deposits in EUR 2,241.256 2,279,963
Cash and deposits in USD 1,135 1,862
Cash in hand 315 324
Total 2,242,706 2,282,149
Cash and cash equivalents comprise short-term deposits in EUR and USD with UniCredit Bank, Ljubljana.
NOTE 5: PREPAYMENTS AND OTHER ASSETS
EUR
Prepayments and other assets January 1, 2021 Disbursement Increases December 31, 2021
Accrued revenue (not yet invoiced) 0 0 627,127 627,127
Advance payments 23,124 -23,124 719 719
Deferred costs 24,419 -24,419 27,590 27,590
Total 47,543 -47,543 655,436 655,436
Age structure and changes in impairments of receivables
EUR
December 31, 2021 December 31, 2020
Aging of receivables Gross amount Impairments Gross amount Impairments
Not past due 65,744 0 75,508 0
Past due up to 90 days 0 0 0 0
Past due from 91 to 180 days 0 0 0 0
Past due from 181 to 365 days 0 0 0 0
Prepayments and other assets January 1, 2020 Disbursement Increases December 31, 2020
Accrued revenue (not yet invoiced) 93,078 -93,078 0 0
Advance payments 4,339 -4,339 23,124 23,124
Deferred costs 21,696 -1,356 4,079 24,419
Total 119,113 -98,773 27,203 47,543
Short-term deferred costs and accrued revenue comprise accrued income and costs that were paid in 2021 and will
occur in 2022, such as insurance premiums.
More than one year 0 0 0 0
Total 65,744 0 75,508 0