Annual Report 2009 - Asian Productivity Organization
Annual Report 2009 - Asian Productivity Organization
Annual Report 2009 - Asian Productivity Organization
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2008<br />
<strong>2009</strong><br />
ASIAN PRODUCTIVITY ORGANIZATION<br />
STATEMENTS OF CHANGES IN SURPLUS<br />
YEARS ENDED 31 DECEMBER <strong>2009</strong> AND 2008<br />
Appropriated for<br />
Working<br />
capital fund<br />
Continuing<br />
projects Unappropriated Total<br />
Surplus as of 1 January 2008 $6,000,000 $3,253,839 $2,303,513 $11,557,352<br />
Excess of expenses over revenues (1,911,670) (1,911,670)<br />
Transfer from continuing projects (1,589,721) 1,589,721<br />
Surplus as of 31 December 2008 $6,000,000 1,664,118 1,981,564 9,645,682<br />
Excess of expenses over revenues (1,109,492) (1,109,492)<br />
Transfer from continuing projects (1,539) 1,539<br />
(US dollars)<br />
Surplus as of 31 December <strong>2009</strong> $6,000,000 $1,662,579 $873,611 $8,536,190<br />
FINANCIAL REPORT<br />
APO ANNUAL REPORT <strong>2009</strong> 107
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