The auditor's report summarizes the Civil Development Agency's (CiDA) financial statements for the year ended December 31, 2015. The auditor issued an unqualified opinion, finding the statements presented a true and fair view of CiDA's financial position and activities. Key financial details include total revenues of $1,455,770, total expenses of $886,878, and net assets increasing from $375,136 to $827,244 over the year. The statements and notes provide details on CiDA's sources of funding, expenditures, assets, liabilities, and accounting policies.
This document is an International Standard on Auditing (ISA) that deals with an auditor's responsibility to apply the concept of materiality in planning and performing an audit of financial statements. It discusses determining materiality and performance materiality levels when planning an audit, revising these levels as the audit progresses, and documentation requirements. The standard provides requirements and application guidance on these topics to assist auditors in appropriately applying the concept of materiality.
Charities must produce accurate annual accounts including an income and expenditure account and balance sheet. The income and expenditure account summarizes all money received and spent in categories with totals, showing any excess of income over expenditure. The balance sheet records bank accounts and assets and liabilities as of the financial year end, representing the accumulated fund from the prior year plus or minus the excess from the income and expenditure account. An independent accountant inspects the charity's financial records and transactions to verify the accounts accurately represent the charity's finances.
Golden Star reported its Q3 2015 financial results. Key highlights included suspending high-cost refractory operations, commencing mining development at Prestea Underground and Wassa Underground, and achieving $75 million of $150 million in funding which improved liquidity and allowed retirement of debt. Cost reduction efforts such as optimizing mining and processing operations led to decreases in mine operating expenses and cash operating costs compared to previous quarters.
The document provides an overview of the accounting cycle, which consists of a recording phase and reporting phase. The recording phase involves analyzing transactions, recording them in journals, posting to ledgers, and preparing a trial balance. The reporting phase involves preparing adjusting entries, a post-adjusted trial balance, financial statements, and closing entries. The purpose is to review the basic steps of the accounting process, including journalizing, posting, preparing financial statements, and closing books at the end of each period.
1. The document discusses the steps in completing the accounting cycle, including preparing adjusting and closing entries from a work sheet.
2. It provides examples of adjusting entries for supplies, prepaid insurance, unearned rent, wages payable, fees revenue, and depreciation expense using a sample work sheet.
3. The work sheet is used to incorporate adjustments into the trial balance to produce adjusted account balances and financial statements.
This document is the consolidated financial statements of Hyundai Card Co., Ltd. and Subsidiaries for the year ended December 31, 2017, including:
- Consolidated statements of financial position as of December 31, 2017 and 2016.
- Consolidated statements of comprehensive income for the years ended December 31, 2017 and 2016.
- Notes to the consolidated financial statements providing details on accounting policies and other explanatory information.
The independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position and performance of Hyundai Card Co., Ltd. and Subsidiaries.
This document provides the audited financial statements of PCI - Media Impact, Inc. for the year ended December 31, 2016, as prepared by the independent auditing firm PKF O'Connor Davies, LLP. The financial statements include the statement of financial position, statement of activities, statement of functional expenses, statement of cash flows, and accompanying notes. The independent auditors expressed an unmodified opinion, stating that the financial statements present fairly the financial position and results of PCI - Media Impact, Inc. as of December 31, 2016 in accordance with accounting principles generally accepted in the United States.
This document is an International Standard on Auditing (ISA) that deals with an auditor's responsibility to apply the concept of materiality in planning and performing an audit of financial statements. It discusses determining materiality and performance materiality levels when planning an audit, revising these levels as the audit progresses, and documentation requirements. The standard provides requirements and application guidance on these topics to assist auditors in appropriately applying the concept of materiality.
Charities must produce accurate annual accounts including an income and expenditure account and balance sheet. The income and expenditure account summarizes all money received and spent in categories with totals, showing any excess of income over expenditure. The balance sheet records bank accounts and assets and liabilities as of the financial year end, representing the accumulated fund from the prior year plus or minus the excess from the income and expenditure account. An independent accountant inspects the charity's financial records and transactions to verify the accounts accurately represent the charity's finances.
Golden Star reported its Q3 2015 financial results. Key highlights included suspending high-cost refractory operations, commencing mining development at Prestea Underground and Wassa Underground, and achieving $75 million of $150 million in funding which improved liquidity and allowed retirement of debt. Cost reduction efforts such as optimizing mining and processing operations led to decreases in mine operating expenses and cash operating costs compared to previous quarters.
The document provides an overview of the accounting cycle, which consists of a recording phase and reporting phase. The recording phase involves analyzing transactions, recording them in journals, posting to ledgers, and preparing a trial balance. The reporting phase involves preparing adjusting entries, a post-adjusted trial balance, financial statements, and closing entries. The purpose is to review the basic steps of the accounting process, including journalizing, posting, preparing financial statements, and closing books at the end of each period.
1. The document discusses the steps in completing the accounting cycle, including preparing adjusting and closing entries from a work sheet.
2. It provides examples of adjusting entries for supplies, prepaid insurance, unearned rent, wages payable, fees revenue, and depreciation expense using a sample work sheet.
3. The work sheet is used to incorporate adjustments into the trial balance to produce adjusted account balances and financial statements.
This document is the consolidated financial statements of Hyundai Card Co., Ltd. and Subsidiaries for the year ended December 31, 2017, including:
- Consolidated statements of financial position as of December 31, 2017 and 2016.
- Consolidated statements of comprehensive income for the years ended December 31, 2017 and 2016.
- Notes to the consolidated financial statements providing details on accounting policies and other explanatory information.
The independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position and performance of Hyundai Card Co., Ltd. and Subsidiaries.
This document provides the audited financial statements of PCI - Media Impact, Inc. for the year ended December 31, 2016, as prepared by the independent auditing firm PKF O'Connor Davies, LLP. The financial statements include the statement of financial position, statement of activities, statement of functional expenses, statement of cash flows, and accompanying notes. The independent auditors expressed an unmodified opinion, stating that the financial statements present fairly the financial position and results of PCI - Media Impact, Inc. as of December 31, 2016 in accordance with accounting principles generally accepted in the United States.
The document contains an independent auditor's report and special-purpose financial statements for the Civil Development Agency for the year ended December 31, 2014, including a statement of management's responsibility, balance sheet, statement of operations, and notes to the financial statements which provide details on various projects funded by donors like the European Union. The auditor issued a clean opinion stating that the financial statements present fairly the financial position and performance of the Agency in accordance with International Financial Reporting Standards.
The Robert Toigo Foundation provides financial assistance to minority students pursuing graduate business degrees. In 2016, the Foundation experienced a $408,382 decrease in net assets from the prior year. Expenses included $675,185 in salaries and $300,250 in tuition fees for students attending top business schools. The Foundation aims to increase diversity in business leadership.
The document is an independent auditor's report for PCI - Media Impact, Inc.'s financial statements for the year ended December 31, 2012. It summarizes the auditor's responsibilities, which include auditing the financial statements to obtain reasonable assurance that they are free of material misstatement. It also expresses an unqualified opinion that the financial statements present fairly the financial position, activities, and cash flows of PCI - Media Impact, Inc. in accordance with accounting principles generally accepted in the United States.
The document is the financial statements and independent auditor's report for the Youth Empowerment Center (YEC) in Gaza, Palestine for the year ended December 31, 2018. It includes the statement of financial position, statement of activities, statement of changes in net assets, statement of cash flows, and notes to the financial statements. The financial statements show that YEC had total assets of $386,564.60 and net assets of $157,235.65 as of December 31, 2018. For the year ended December 31, 2018, YEC had total revenues of $1,649,319.16 and total expenses of $1,677,612.10, resulting in a net increase in assets of $134
- Hyundai Commercial, Inc. and Subsidiaries consolidated financial statements for years ending December 31, 2014 and 2013 are presented.
- The consolidated statements include the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows for the periods.
- An independent auditor's report is also included which provides an unmodified opinion that the consolidated financial statements present fairly the financial position and financial performance of Hyundai Commercial, Inc. and Subsidiaries for the periods ended December 31, 2014 and 2013 in accordance with Korean International Financial Reporting Standards.
CHILD FOUNDATION FINANCIAL STATEMENTS YeJinElias52
CHILD FOUNDATION
FINANCIAL STATEMENTS
Year Ended May 31, 2020
with
Independent Auditors’ Report
CHILD FOUNDATION
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses 5
Statement of Cash Flows 6
Notes to Financial Statements 7
- 1 -
Independent Auditors’ Report
The Board of Directors
Child Foundation
Report on the Financial Statements
We have audited the accompanying financial statements of Child Foundation (the Organization), which
comprise the statement of financial position as of May 31, 2020, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
- 2 -
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Child Foundation as of May 31, 202 ...
This document provides the audited financial statements of onePULSE Foundation for the year ended December 31, 2018. It includes the independent auditors' report, statement of financial position, statement of activities, statement of cash flows, statement of functional expenses, and notes to the financial statements. The financial statements show that onePULSE had total net assets of $1,131,382 as of December 31, 2018, with $99,762 in net assets without donor restrictions and $1,031,620 in net assets with donor restrictions.
This document provides the consolidated financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the years ended December 31, 2015 and 2014. It includes the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the consolidated financial statements. The financial statements show that in 2015 the company reported total operating revenue of KRW 2.94 trillion, profit for the year of KRW 276.7 billion, and total assets of KRW 24.31 trillion.
- Hyundai Capital Services, Inc. and its subsidiaries prepared consolidated financial statements as of December 31, 2016 and 2015.
- An independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position, financial performance, and cash flows of Hyundai Capital Services, Inc. and subsidiaries for 2016 and 2015 in accordance with Korean International Financial Reporting Standards.
- The consolidated financial statements include the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows for the years ended December 31, 2016 and 2015.
Meaning
Purpose or utility of common size statement
Common Size Balance sheet
Purpose of common size balance sheet
Format of common size balance sheet
Illustration
Exercise
Common Size Statement of profit & loss
Purpose of common size statement of profit & loss
Format of common size statement of profit & loss
Illustration
Exercise
CONSOLIDATED FINANCIAL STATEMENTS OF
SAMSUNG ELECTRONICS CO., LTD. AND ITS SUBSIDIARIES
INDEX TO FINANCIAL STATEMENTS
Page
Independent Auditor’s Report................................................................................................. 1 - 2
Consolidated Financial Statements
Consolidated Statements of Financial Position........................................................................... 3 - 5
Consolidated Statements of Profit or Loss.................................................................................. 6
Consolidated Statements of Comprehensive Income.................................................................. 7
Consolidated Statements of Changes in Equity.......................................................................... 8 - 11
Consolidated Statements of Cash Flows.................................................................................... 12 - 13
Notes to the Consolidated Financial Statements …................................................................... 14 - 101
1
Independent Auditor’s Report
(English Translation of a Report Originally Issued in Korean)
To the Board of Directors and Shareholders of
Samsung Electronics Co., Ltd.
We have audited the accompanying consolidated financial statements of Samsung Electronics Co., Ltd.
and its subsidiaries (collectively referred to as the "Company"), which comprise the consolidated
statements of financial position as at December 31, 2017 and 2016, and the consolidated statements of
comprehensive income and profit or loss, consolidated statements of changes in equity and consolidated
statements of cash flows for the years then ended, and notes to the consolidated financial statements,
including a summary of significant accounting policies and other explanatory information, expressed in
Korean Won.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of the consolidated financial
statements in accordance with International Financial Reporting Standards as adopted by the Republic
of Korea (“Korean IFRS”), and for such internal control as management determines is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on the consolidated financial statements based on our audits.
We conducted our audits in accordance with Korean Standards on Auditing. Those standards require
that we comply with ethical requirements, and plan and perform the audit to obtain reasonable assurance
about whether the consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the consolidated financial statements. The procedures selected depend on the auditor's judgment,
including the assessment of the ris.
This document provides an investor presentation for Ultra Clean Holdings, Inc. for February 2017. It discusses the company's key growth drivers for 2017, including increased WFE spending driven by transitions to new semiconductor manufacturing nodes. It highlights Ultra Clean's position as a leading outsourcing partner for the semiconductor equipment industry and its focus on the fast growing deposition and etch areas. The presentation outlines the company's strategy to broaden its critical process capabilities, make strategic investments, and deepen engagement with customers. Financial highlights are provided for 2016, and an outlook is given for the first quarter of 2017 with expected revenue in the range of $145-165 million and gross margins of 14-16%.
- Hyundai Card Co., Ltd. and its subsidiaries released their condensed consolidated financial statements for the periods ending March 31, 2016 and December 31, 2015.
- The financial statements showed total assets of KRW 13.24 trillion as of March 31, 2016, total liabilities of KRW 10.70 trillion, and total shareholders' equity of KRW 2.54 trillion.
- For the three months ended March 31, 2016, Hyundai Card reported net income of KRW 53.58 billion and total comprehensive income of KRW 48.03 billion.
- The document is the consolidated interim financial statements of Hyundai Card Co., Ltd. and its subsidiaries for the periods ended March 31, 2018 and 2017.
- It includes the consolidated interim statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements.
- For the three-month period ended March 31, 2018, the company reported an operating profit of 30.3 billion won and a profit for the period of 26.1 billion won.
This document summarizes the consolidated interim financial statements of Hyundai Card Co., Ltd. and its subsidiaries for the periods ended September 30, 2018 and 2017. It includes the consolidated interim statements of financial position, comprehensive income, changes in equity, and cash flows. The financial statements provide key financial information such as total assets of ₩16.6 trillion as of September 30, 2018, operating profit of ₩161.6 billion for the nine months ended September 30, 2018, and net income of ₩127.8 billion for the same period. The notes to the financial statements from pages 8 to 57 provide additional details about the financial results.
THE AMERICAN NATIONAL RED CROSS Consolidated Financial S.docxmehek4
THE AMERICAN NATIONAL RED CROSS
Consolidated Financial Statements
June 30, 2016
(with summarized information for the year ended June 30, 2015)
(With Independent Auditors’ Report Thereon)
KPMG LLP is a Delaware limited liability partnership and the U.S. member
firm of the KPMG network of independent member firms affiliated with
KPMG International Cooperative (“KPMG International”), a Swiss entity.
KPMG LLP
1676 International Drive
McLean, VA 22102
Independent Auditors’ Report
The Board of Governors
The American National Red Cross:
We have audited the accompanying consolidated financial statements of The American National Red Cross
(the Organization), which comprise the consolidated statement of financial position as of June 30, 2016, and
the related consolidated statements of activities, functional expenses and cash flows for the year then ended,
and the related notes to the consolidated financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these consolidated financial statements
in accordance with U.S. generally accepted accounting principles; this includes the design, implementation, and
maintenance of internal control relevant to the preparation and fair presentation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of America.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
consolidated financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud
or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s
preparation and fair presentation of the consolidated financial statements in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness
of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates made
by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinion.
Opinion
In our op ...
This document provides the consolidated financial statements of Access Bank PLC and its subsidiaries for the year ended 31 March 2008. It includes the consolidated balance sheet, income statement, statement of recognized income and expense, statement of cash flows, and accompanying notes. The balance sheet shows total assets of NGN 1,034 billion, with loans and advances to customers as the largest asset. Total liabilities are NGN 862 billion, with deposits from customers as the largest liability. Equity attributable to shareholders totals NGN 172 billion. The income statement shows a profit for the year of NGN 17 billion. The statement of cash flows indicates a net increase in cash of NGN 417 billion for the year.
Q3 15 results presentation final unencryptedInvestorMarkit
- Markit reported financial results for Q3 2015 with total revenue of $277.3 million, up 2.8% year-over-year
- Revenue growth was driven by 5.6% constant currency growth, including 5.1% organic growth in Information and 13.1% organic growth in Solutions
- Adjusted EBITDA was $123.5 million, with an adjusted EBITDA margin of 44.9% maintained from prior year
- Adjusted earnings were $68.2 million, with adjusted diluted EPS of $0.37
- Results reflected continued investment in new products and acquisitions including DealHub and CoreOne Technologies
- Hyundai Capital Services, Inc. and Subsidiaries released their consolidated financial statements for the year ending December 31, 2014 including the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows along with accompanying notes.
- An independent auditing firm issued an unqualified opinion stating that the consolidated financial statements fairly represented the financial position and performance of Hyundai Capital Services in accordance with relevant accounting standards.
- The consolidated financial statements provide information on Hyundai Capital Services' assets, liabilities, equity, revenue, expenses, cash flows and other financial details for the years ending December 31, 2014 and December 31, 2013.
The Antyodaya Saral Haryana Portal is a pioneering initiative by the Government of Haryana aimed at providing citizens with seamless access to a wide range of government services
The document contains an independent auditor's report and special-purpose financial statements for the Civil Development Agency for the year ended December 31, 2014, including a statement of management's responsibility, balance sheet, statement of operations, and notes to the financial statements which provide details on various projects funded by donors like the European Union. The auditor issued a clean opinion stating that the financial statements present fairly the financial position and performance of the Agency in accordance with International Financial Reporting Standards.
The Robert Toigo Foundation provides financial assistance to minority students pursuing graduate business degrees. In 2016, the Foundation experienced a $408,382 decrease in net assets from the prior year. Expenses included $675,185 in salaries and $300,250 in tuition fees for students attending top business schools. The Foundation aims to increase diversity in business leadership.
The document is an independent auditor's report for PCI - Media Impact, Inc.'s financial statements for the year ended December 31, 2012. It summarizes the auditor's responsibilities, which include auditing the financial statements to obtain reasonable assurance that they are free of material misstatement. It also expresses an unqualified opinion that the financial statements present fairly the financial position, activities, and cash flows of PCI - Media Impact, Inc. in accordance with accounting principles generally accepted in the United States.
The document is the financial statements and independent auditor's report for the Youth Empowerment Center (YEC) in Gaza, Palestine for the year ended December 31, 2018. It includes the statement of financial position, statement of activities, statement of changes in net assets, statement of cash flows, and notes to the financial statements. The financial statements show that YEC had total assets of $386,564.60 and net assets of $157,235.65 as of December 31, 2018. For the year ended December 31, 2018, YEC had total revenues of $1,649,319.16 and total expenses of $1,677,612.10, resulting in a net increase in assets of $134
- Hyundai Commercial, Inc. and Subsidiaries consolidated financial statements for years ending December 31, 2014 and 2013 are presented.
- The consolidated statements include the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows for the periods.
- An independent auditor's report is also included which provides an unmodified opinion that the consolidated financial statements present fairly the financial position and financial performance of Hyundai Commercial, Inc. and Subsidiaries for the periods ended December 31, 2014 and 2013 in accordance with Korean International Financial Reporting Standards.
CHILD FOUNDATION FINANCIAL STATEMENTS YeJinElias52
CHILD FOUNDATION
FINANCIAL STATEMENTS
Year Ended May 31, 2020
with
Independent Auditors’ Report
CHILD FOUNDATION
Table of Contents
Page
Independent Auditors’ Report 1
Financial Statements
Statement of Financial Position 3
Statement of Activities 4
Statement of Functional Expenses 5
Statement of Cash Flows 6
Notes to Financial Statements 7
- 1 -
Independent Auditors’ Report
The Board of Directors
Child Foundation
Report on the Financial Statements
We have audited the accompanying financial statements of Child Foundation (the Organization), which
comprise the statement of financial position as of May 31, 2020, and the related statements of activities,
functional expenses, and cash flows for the year then ended, and the related notes to the financial
statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
- 2 -
Opinion
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of Child Foundation as of May 31, 202 ...
This document provides the audited financial statements of onePULSE Foundation for the year ended December 31, 2018. It includes the independent auditors' report, statement of financial position, statement of activities, statement of cash flows, statement of functional expenses, and notes to the financial statements. The financial statements show that onePULSE had total net assets of $1,131,382 as of December 31, 2018, with $99,762 in net assets without donor restrictions and $1,031,620 in net assets with donor restrictions.
This document provides the consolidated financial statements of Hyundai Capital Services, Inc. and its subsidiaries for the years ended December 31, 2015 and 2014. It includes the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the consolidated financial statements. The financial statements show that in 2015 the company reported total operating revenue of KRW 2.94 trillion, profit for the year of KRW 276.7 billion, and total assets of KRW 24.31 trillion.
- Hyundai Capital Services, Inc. and its subsidiaries prepared consolidated financial statements as of December 31, 2016 and 2015.
- An independent auditor issued an unqualified opinion stating that the consolidated financial statements present fairly the financial position, financial performance, and cash flows of Hyundai Capital Services, Inc. and subsidiaries for 2016 and 2015 in accordance with Korean International Financial Reporting Standards.
- The consolidated financial statements include the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows for the years ended December 31, 2016 and 2015.
Meaning
Purpose or utility of common size statement
Common Size Balance sheet
Purpose of common size balance sheet
Format of common size balance sheet
Illustration
Exercise
Common Size Statement of profit & loss
Purpose of common size statement of profit & loss
Format of common size statement of profit & loss
Illustration
Exercise
CONSOLIDATED FINANCIAL STATEMENTS OF
SAMSUNG ELECTRONICS CO., LTD. AND ITS SUBSIDIARIES
INDEX TO FINANCIAL STATEMENTS
Page
Independent Auditor’s Report................................................................................................. 1 - 2
Consolidated Financial Statements
Consolidated Statements of Financial Position........................................................................... 3 - 5
Consolidated Statements of Profit or Loss.................................................................................. 6
Consolidated Statements of Comprehensive Income.................................................................. 7
Consolidated Statements of Changes in Equity.......................................................................... 8 - 11
Consolidated Statements of Cash Flows.................................................................................... 12 - 13
Notes to the Consolidated Financial Statements …................................................................... 14 - 101
1
Independent Auditor’s Report
(English Translation of a Report Originally Issued in Korean)
To the Board of Directors and Shareholders of
Samsung Electronics Co., Ltd.
We have audited the accompanying consolidated financial statements of Samsung Electronics Co., Ltd.
and its subsidiaries (collectively referred to as the "Company"), which comprise the consolidated
statements of financial position as at December 31, 2017 and 2016, and the consolidated statements of
comprehensive income and profit or loss, consolidated statements of changes in equity and consolidated
statements of cash flows for the years then ended, and notes to the consolidated financial statements,
including a summary of significant accounting policies and other explanatory information, expressed in
Korean Won.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of the consolidated financial
statements in accordance with International Financial Reporting Standards as adopted by the Republic
of Korea (“Korean IFRS”), and for such internal control as management determines is necessary to
enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on the consolidated financial statements based on our audits.
We conducted our audits in accordance with Korean Standards on Auditing. Those standards require
that we comply with ethical requirements, and plan and perform the audit to obtain reasonable assurance
about whether the consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the consolidated financial statements. The procedures selected depend on the auditor's judgment,
including the assessment of the ris.
This document provides an investor presentation for Ultra Clean Holdings, Inc. for February 2017. It discusses the company's key growth drivers for 2017, including increased WFE spending driven by transitions to new semiconductor manufacturing nodes. It highlights Ultra Clean's position as a leading outsourcing partner for the semiconductor equipment industry and its focus on the fast growing deposition and etch areas. The presentation outlines the company's strategy to broaden its critical process capabilities, make strategic investments, and deepen engagement with customers. Financial highlights are provided for 2016, and an outlook is given for the first quarter of 2017 with expected revenue in the range of $145-165 million and gross margins of 14-16%.
- Hyundai Card Co., Ltd. and its subsidiaries released their condensed consolidated financial statements for the periods ending March 31, 2016 and December 31, 2015.
- The financial statements showed total assets of KRW 13.24 trillion as of March 31, 2016, total liabilities of KRW 10.70 trillion, and total shareholders' equity of KRW 2.54 trillion.
- For the three months ended March 31, 2016, Hyundai Card reported net income of KRW 53.58 billion and total comprehensive income of KRW 48.03 billion.
- The document is the consolidated interim financial statements of Hyundai Card Co., Ltd. and its subsidiaries for the periods ended March 31, 2018 and 2017.
- It includes the consolidated interim statements of financial position, comprehensive income, changes in equity, and cash flows, as well as notes to the financial statements.
- For the three-month period ended March 31, 2018, the company reported an operating profit of 30.3 billion won and a profit for the period of 26.1 billion won.
This document summarizes the consolidated interim financial statements of Hyundai Card Co., Ltd. and its subsidiaries for the periods ended September 30, 2018 and 2017. It includes the consolidated interim statements of financial position, comprehensive income, changes in equity, and cash flows. The financial statements provide key financial information such as total assets of ₩16.6 trillion as of September 30, 2018, operating profit of ₩161.6 billion for the nine months ended September 30, 2018, and net income of ₩127.8 billion for the same period. The notes to the financial statements from pages 8 to 57 provide additional details about the financial results.
THE AMERICAN NATIONAL RED CROSS Consolidated Financial S.docxmehek4
THE AMERICAN NATIONAL RED CROSS
Consolidated Financial Statements
June 30, 2016
(with summarized information for the year ended June 30, 2015)
(With Independent Auditors’ Report Thereon)
KPMG LLP is a Delaware limited liability partnership and the U.S. member
firm of the KPMG network of independent member firms affiliated with
KPMG International Cooperative (“KPMG International”), a Swiss entity.
KPMG LLP
1676 International Drive
McLean, VA 22102
Independent Auditors’ Report
The Board of Governors
The American National Red Cross:
We have audited the accompanying consolidated financial statements of The American National Red Cross
(the Organization), which comprise the consolidated statement of financial position as of June 30, 2016, and
the related consolidated statements of activities, functional expenses and cash flows for the year then ended,
and the related notes to the consolidated financial statements.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these consolidated financial statements
in accordance with U.S. generally accepted accounting principles; this includes the design, implementation, and
maintenance of internal control relevant to the preparation and fair presentation of consolidated financial
statements that are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of America.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the
consolidated financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
consolidated financial statements. The procedures selected depend on the auditors’ judgment, including the
assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud
or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s
preparation and fair presentation of the consolidated financial statements in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness
of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates made
by management, as well as evaluating the overall presentation of the consolidated financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinion.
Opinion
In our op ...
This document provides the consolidated financial statements of Access Bank PLC and its subsidiaries for the year ended 31 March 2008. It includes the consolidated balance sheet, income statement, statement of recognized income and expense, statement of cash flows, and accompanying notes. The balance sheet shows total assets of NGN 1,034 billion, with loans and advances to customers as the largest asset. Total liabilities are NGN 862 billion, with deposits from customers as the largest liability. Equity attributable to shareholders totals NGN 172 billion. The income statement shows a profit for the year of NGN 17 billion. The statement of cash flows indicates a net increase in cash of NGN 417 billion for the year.
Q3 15 results presentation final unencryptedInvestorMarkit
- Markit reported financial results for Q3 2015 with total revenue of $277.3 million, up 2.8% year-over-year
- Revenue growth was driven by 5.6% constant currency growth, including 5.1% organic growth in Information and 13.1% organic growth in Solutions
- Adjusted EBITDA was $123.5 million, with an adjusted EBITDA margin of 44.9% maintained from prior year
- Adjusted earnings were $68.2 million, with adjusted diluted EPS of $0.37
- Results reflected continued investment in new products and acquisitions including DealHub and CoreOne Technologies
- Hyundai Capital Services, Inc. and Subsidiaries released their consolidated financial statements for the year ending December 31, 2014 including the consolidated statements of financial position, comprehensive income, changes in equity, and cash flows along with accompanying notes.
- An independent auditing firm issued an unqualified opinion stating that the consolidated financial statements fairly represented the financial position and performance of Hyundai Capital Services in accordance with relevant accounting standards.
- The consolidated financial statements provide information on Hyundai Capital Services' assets, liabilities, equity, revenue, expenses, cash flows and other financial details for the years ending December 31, 2014 and December 31, 2013.
The Antyodaya Saral Haryana Portal is a pioneering initiative by the Government of Haryana aimed at providing citizens with seamless access to a wide range of government services
About Potato, The scientific name of the plant is Solanum tuberosum (L).Christina Parmionova
The potato is a starchy root vegetable native to the Americas that is consumed as a staple food in many parts of the world. Potatoes are tubers of the plant Solanum tuberosum, a perennial in the nightshade family Solanaceae. Wild potato species can be found from the southern United States to southern Chile
Synopsis (short abstract) In December 2023, the UN General Assembly proclaimed 30 May as the International Day of Potato.
Donate to charity during this holiday seasonSERUDS INDIA
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Donate Us
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A Guide to AI for Smarter Nonprofits - Dr. Cori Faklaris, UNC CharlotteCori Faklaris
Working with data is a challenge for many organizations. Nonprofits in particular may need to collect and analyze sensitive, incomplete, and/or biased historical data about people. In this talk, Dr. Cori Faklaris of UNC Charlotte provides an overview of current AI capabilities and weaknesses to consider when integrating current AI technologies into the data workflow. The talk is organized around three takeaways: (1) For better or sometimes worse, AI provides you with “infinite interns.” (2) Give people permission & guardrails to learn what works with these “interns” and what doesn’t. (3) Create a roadmap for adding in more AI to assist nonprofit work, along with strategies for bias mitigation.
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
The Combined IUU Fishing Vessel List merges all these sources into one list that provides a single reference point to identify whether a vessel is currently IUU listed. Vessels that have been IUU listed in the past and subsequently delisted (for example because of a change in ownership, or because the vessel is no longer in service) are also retained on the site, so that the site contains a full historic record of IUU listed fishing vessels.
Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
AHMR is an interdisciplinary peer-reviewed online journal created to encourage and facilitate the study of all aspects (socio-economic, political, legislative and developmental) of Human Mobility in Africa. Through the publication of original research, policy discussions and evidence research papers AHMR provides a comprehensive forum devoted exclusively to the analysis of contemporaneous trends, migration patterns and some of the most important migration-related issues.
Monitoring Health for the SDGs - Global Health Statistics 2024 - WHOChristina Parmionova
The 2024 World Health Statistics edition reviews more than 50 health-related indicators from the Sustainable Development Goals and WHO’s Thirteenth General Programme of Work. It also highlights the findings from the Global health estimates 2021, notably the impact of the COVID-19 pandemic on life expectancy and healthy life expectancy.
3. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
for theyearended31 December2015
T
I
t
t
It
t
tT
I
I
I
t
I
I
I
I
I
I
I
Statementof Management'sResponsibility
The managementof the Civil DevelopmentAgencyis responsiblefor the preparationof the special
purposefinancialstatements(referredto as"theAgency"),In doingso,the CivilDevelopmentAgency
is requiredto:
- selectsuitableaccountingpoliciesandapplythem consistently;
- makejudgments and estimates,which are reasonableand prudent.
The managementis responsiblefor keeping proper accountingrecords, which disclosewith
reasonableaccuracythe financialposition of the Agency,It has a generalresponsibilityfor taking
such steps as reasonably open to them to safeguardthe assetsof the Agency and to prevent and
detectfraud and other irregularities.
Themanagementcertifiesthat all accountingrecords,supportingand other documents,minutesand
anypertinentinformationnecessaryfor the auditbeat the disposalofthe auditor.
Onbehalfof
Management:
Date:April 27,2076
ZviadDevdariani,Director
CivilDevelopmentAgency(C|DA)
4. CroweHonmth. CroweHorwathGE LLC
M6mbe.Crwe Ho arh lntemalional
AxisBusinessPalace,4thlloor
2. D.GamrekeliStr.,Tbilisi0160,ceorgla
+99532 29O4522rel
+99532 2904523 Fax
www.gacc.com.ge
IndependentAuditor,s Report
To: the Board of Civil Development Agency (CIDA)
Report on the Financial Statements
We haveauditedthe accompanyingfinancialstatementsofthe CivilDevelopmentAgency[registered
in ceorgia) [clDAJ, which comprisesthe special-purposesratementof financii'l poritioln
",
,t
December3I,2015 and the relatedspecial-purposestatementof activities,Statemeniof cashflows
and Statementof changesin fundsfor the yearthen endedand a summaryof significantaccounung
policiesandotherexplanatorynotes,
Management's Responsibility for the Financial Statements
Managementis responsiblefor the preparationof thesefinancialstatementsin accordancewith
FinancialHandbookof CIDAand otherfinancialinstructionsandpolicieseffectivein theAgency,and
for such internal control as managementdeterminesis necessaryto enablethe prepiration of
financialstatementsthat are free from material misstatement,whether due to fraud oi erior.
Auditor's Responsibility
Our responsibilityis to expressan opinion on thesefinancialstatementsbasedon our audit,We
conductedour audit in accordancewith InternationalStandardson Auditing. Those standards
require that we comply with ethical requirementsand plan and perform ihe audit to obtain
reasonableassuranceaboutwhetherthe financialstatementsarefreefrom materialmisstatemenr.
An audit involves,performing proceduresto obtain audit evidence about the amounts and
disclosuresin the financialstatements.Theproceduresselecteddependon the auditor,sjudgment,
includingthe assessmentof the risks of materialmisstatementof the financialstatement;,wlether
due to fraud or error. In making those risk assessments,the auditor considersinternal control
r€levantto the entity'spreparationof the financialstatementsin order to designaudit procedures
that are appropriatein the circumstances,but not for the purposeof expressingan opinion on the
effectivenessof the entity'sinternalcontrol.An auditalsoincludesevaluaiingthe appropriatenessof
accountingpoliciesusedand the reasonablenessof accountingestimatesmadeby management,as
well asevaluatingthe overallpresentationofthe financialstatemeors.
We believethat the audit evidencewe haveobtainedis sufficientandappropriateto providea basis
for our auditopinion.
Opinion
In our opinion,the special-purposefinancialstatementsgivesa true andfair view ofthe financial
positionofthe civil DevelopmentAgency(clDAJasat December31,z01s,andof its financial
performancefor theyearthenendedin accordancewith FinancialHandbookof clDA andother
financialinstructionsandpolicieseffectivein theAgency.
6. CIVILDEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for theyearended31 December2015
Special-PurposeStatementof FinancialPosition asat Decembet 3I' 2OIS
20,5 Z0t4
(All statedin GeorgianLari)
Assets
Current Assets
Cashand cashequivalents
Receivables- taxes
0ther receivables
Total Current Assets
Non-current Assets
Property,Plantand Equipment
Total Assets
Current Liabilities and Net Assets
Current Liabilities
VATPayables
Total Current Liabilities
Net Assets
Unrestricted
Temporarily restricted
Total Net Assets
Total Liabilities and Net Assets
Note As ofDecember 31 As ofDecember 31
758,123 278,809
4,553
9,951
75A,123
69,720
a27,244
293,3LZ
86,376
379,688
(39,6861
a66,929
827,244
a27,244
4,553
90,523
284,613
375,136
379,6AA
Accompanyingnotesrepresentintegralpart of fnancial statements
Thefinancialstatementson pages6 to 28 wereapprovedandauthorisedfor issueandweresigned
by the Directoron April27,2016
ZviadDevdariani
Director
6lPage
7. CIVILDEVELOPMENTAGENCY(CiDA)
lndependentAuditors' Report and Special-PurposeFinancialStatements
for the vearended31 December2015
Special-PurposeStatementofActivities for the year ended December31, 2015
20L5 2014
(All statedin GeorgianLari) Note For the year For the year
Revenue
Crantsreceived
Other revenue
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryand other administrative expenses
Fuelexpenses
OFfira ronr ownonca<
/ a h i . l c p Y n p n . p c
Utilityexpenses
Bankexpenses
Total expenses
Net result for current year
Other items
n ^ ^ . ^ ^ i ^ } i ^ . ^ . , ]
u r P r c L , d u u , , d , , u
Amortization
VATrecoverable
Transferofunexpendedfundsto donors
Exchangerate gain/flossJ
Changein net assets.
Netassetat beginningofyear
NetAssets
L,376,456
Ll,896
r,455,770
76,7L6
1,388,353 r,47346
426,422
359,884
41,529
19,037
75,t28
11,90B
tl,478
I,492
7,002,821
497,775
76,076
25,008
31,124
1 1 4 ( ?
1 1 2 a ?
2,t90
886,878 L,652,745
50L,475
(77,256)
(28,e14)
(3,7e7)
452,708
375,135
827,244
Accompanyingnotesrepresentintegralpart of frnanciqlstatements
(181,3s8)
[30,081)
(ee)
(e,02s)
(220,s64)
595,699
375,135
Tllage
8. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and SpecialPurposeFinancialStatements
for theyearended31 December2015
Special-PurposeStatementof cashflows for the year ended
20t5
Note Forthe year
December31-,2OI5
20L4
Forthe year(All stated in GeorgianLari)
Cashflows from operating
activities
Netincome
A.lir rcfmanis f^r.
Depreciationand amortization
Decrease/(increaseJinreceivables
(Decrease)/increasein payables
Net cash from operating
activities
Cashflows from investing
activities
Net cash used in investing
activities
Cashflows from financing
activities
Net cash used in financing
activities
452,708
77,256
q o q l
(220,564)
30,081
Ie,45s]
99
479,3t5 (L99,839)
Netincrease/ fdecrease)in cashand cash
equivalents
Cashandcashequivalentsat
beginningofperiod
Cashand cash equivalents at
end of period
4 7 q ? 1 <
278,809
(199,839l
47I,648
75A,124 27A,AO9
Accompanyingnotesrepresentintegralpart of fnancial statements
SlPage
9. CIVILDEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for theyear ended31 December2015
Special-PurposeStatementof changesin funds for the year ended December31, 2015
(A11stated in Georyian Lari)
December31,2013
Receivedgrantsanddonations
Otherrevenues
Expensesincurred
December31,2014
Receivedgrantsanddonations
Otherrevenues
Expensesincurred
December31,2015
102,220
16,216
(27,913
_______90,:?:_
8,700
(138,909)
Unrestricted
Temporarily
restricted
TotalNetAssets
493,480
1,455,170
(1,664,037)
595,699
1,455,170
16,216
(r,691,950)
284,613 375,136
1,376,456
(794,140)
1,376,260
8,700
(933,048)
(39,686) 856,929
Accompanyingnotesrepresentintegralpart of fnancial statements
827,244
9lPagc
10. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and special-PurposeFinancialstatements
for the yearended31 December2015
Notesto the SpecialPurposeFinancialStatements
Note1.Deseriptionof Activities
civil DevelopmentAgency(ciDA) is the localNGOof KvemoKartli region,which is launchingthe
principlesof democraticgovernanceandcivilsocieWdevelopmentsinceits establishmenton August
13,2002.Alongthe way of efficientdevelopment,CiDA'sactivitiestargetto acceleratethe national
integration process within the regional areas settled by ethnic minorities, For strengthening the
organizationalbackbone ciDA seeks to promote the civic participation through advancing
independentmedia,NGosectorandlocalself-governmententities.
Legaladdressofthe Organization:9/1 PirosmaniSt, Rustavi,3700 Georgia
Note2.Baslsof Presentation
The financialstatementshavebeenpreparedin accordancewith FinancialHandbookof CIDAand
other financialinstructionsand policieseffectivein the Agency,on the historical cost basis of
accounting.Theprincipalaccountingpoliciesadoptedaresetout below.
The preparation of the special-purposefinancialstatementsrequires the use of estimatesand
assumptionthat affectthe reportedamountsof assetsand liabilities.Althoughtheseestimatesare
basedon management'sbestknowledgeof currenteventsandactions,actualresultsultimatelymay
differ from thoseestimates.
Theaccompanyingfinancialstatementshavebeenpreparedin the nationalcurrencyof Georgia,Lari
(GEL),whichis the organization'sfunctionalcurrency.
Recognition of revenues and expenses
In accordancewith cashbasisof accountingexpenditures,includingcapitalspending,arerecognized
at the time cashis disbursed,rather when incurred.Fundingincomeis recognizedin the special
purposestatementofactivitieswhen received,to the extentof expenditureincurred.Any surplusor
deficitis shownasa specialpurposebalancesheetitem,Revenuereceivedin foreigncurrenciesare
translatedinto GELandpresentedin S0Ausingthe NationalBankof Georgia(NBG)exchangerateat
the dateswhen funds are received.Issuedsub grantsare recognizedas expenseswhen fundsare
disbursedandto the extentof amounttransferredto subgrantees.
Property, plant and equipment
Property,plant and equipmentare tangibleitems that are held for use in the supplyof goodsor
services,for rental to others,or for administrativepurposesand are expectedto be usedduring
more than one period.Property,plant and equipmentare statedat historicalcostlessaccumulated
depreciationand accumulatedimpairmentlosses.Originalhistoricalcost of a Property,plant and
equipmentconsistsof purchaseprice,non-recoverabletaxesand other expensesdirectlyrelatedto
puttinga fixedassetinto use.Currentmaintenanceexpensesare recognizedasexpensesastheyare
incurred.
11. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for the vearended31 December2015
Depreciationis chargedusingthe diminishingbalancemethodat rates15-2Qo/0.Depreciationcharge
for a periodis recognizedasexpensein StatementofActivities.
An item of property, plant and equipmentis derecognizedupon disposalor when no future
economicbenefitsare expectedto arise from the continuinguse of the assets.Any gain or loss
arisingon the disposalor retirementof an item of property,plant and equipmentis determinedas
the differencebetweenthe salesproceedsandthe carryingamountof the assetand is recognizedin
Statementof Activities.
Foreign currencies
Transactionsdenominatedin foreign currencyare translatedinto GELat the official exchangerate of
NationalBankof Georgiaon the dateof transaction,Monetaryassetsand liabilitiesdenominatedin
foreigncurrencyare translatedinto GELat the officialexchangerate of NationalBankof Georgiaat
the balancesheet date. Exchangedifferenceson monetaryitems are recognizedin Statementof
Activitiesin the period in whichthey arise.Theofficialexchangeratesfor the principalcurrenciesas
of 31 December,2074 and2015were:
zoLs
As of December31
20L4
AsofDecember31
Taxation
Tax laws impose an obligationon the organizationto perform a function of tax agent,calculate
incometaxes,withhold it from staffsalariesand submitto the statebudget,Thecompanyalsopays
all thetaxeswhich arerequiredin accordancewith Georgianlegislation,
Note3rCashand eashequivalents
GEL/USD
GEL/EUR
(Allstatedin GeorgianLari)
Cashin bankGEL
Cashin bankUSD
Cashin bankEUR
Total cash and cash equivalents
2.3949
2.6L60
zotS
As ofDecember 31
'1,.8636
2.2656
20L4
AsofDecember31
258,690
62
LAq 27)
233,111
45,698
75A,L23 27a,AO9
12. CIVILDEVELOPMENTAGENCY(CiDA)
lndependent Auditors' Repolt and Special-PurposeFinancialStatements
for theyearended31 December2015
No.te4. Pro.perv.PlantandEquipment
(AIlstatedin GeorgianLari)
Historical Cost
At 01January 2074
Additions
Transfers/Disposals
At 37 December2074
Additions
Transfers/Disposals
At 37 December2015
AccumuIated Depreciation
At 07January 2014
Chargefor the year
Transfers/Disposals
At 37 December2074
a L ^ - - ^ r ^ * + L ^ , , ^ ^ -
L r r d ' E s r u , r , , e y c a ,
Transfers/Disposals
At 37 December2075
Net bookvalue
At 31 December2074
At 31 December2075
94,439 23,080 tzt,s19
Vehicles
Office
equipment
Total
82,473
34,646
63,275
35,764
1 0 < o a
3,482
94,439 23,080 LZt,S79
tL,607
13,630
7,OO3
2,904
ta,6Lo
L6,534
25,236 9,907 35,143
t4,641 2,6'J.5 17,256
39,477 L2,522 52,399
58,562 10,558 46376
58,562 10,558 69,LZO
13. crvrl DEVELOPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
for theyearended31 December2015
No.te5: FosteringRegionalandLocalDevelopmentin Georgia
Donor: United Nations DevelopmentProgram (UNDP)
Proiect# 00085221
FosteringRegionaland Local Developmentin Georgiaproject is implementedby United Nations
DevelopmentProgram(UNDP),with the financialsupport of SwissRegionalCooperationOfficein
Georgia(SDC)andAustrianDevelopmentAgency(ADAI.
Within the projectactivitiesAgencyworkingwith municipalityor regionally-basedNGOswill prepare
and disseminateinformationand improvepublicknowledgein 6 regionsaboutthe 2015-18regional
actionplans(RAPs)and programprocesses,timetableand opportunitiesfor public involvementand
consultationin 2015 duringpreparationof the RAPSfor 2016-18.SelectedNGOwill furtherselectand
partnera numberof locally-basedandoperatingNGOsfrom thefollowingsixregionsof Georgia:Kvemo
Kartli,Guria,Samegrelo-ZemoSvaneti,Imereti,Racha-Lechkumi-QvemoSvanetiandMtskheta-Mtianeti.
Budgetofthe Grant80,000USD.
Completiondateofthe agreementisJune19,2015.
Micro-capitalGrantAgreementhadbeensignedbetweenUnitedNationsDevelopmentProgramandCivil
DevelopmentAgency(CiDA)on December23,2014.Implementingperiodofwhichwasestablishedfrom
December24,2014tiuJune19,2015.Projectbudgetwasapprovedat 80,000USDfor thewholeperiod.
Grantagreementwasamended.Amendmenthadbeensignedby ZviadDevdariani- Ex.Directorfor Civil
DevelopmentAgency ICiDA] and on behalf of the UNDP by Shombi Sharp - Deputy Resident
RepresentativeonJune17,2015.Theimplementingperiodwasextendedtill June30,2015.Totalbudget
wasnotchanged.
(AIlstatedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Kevenuetor tneyearoI zut5
Total revenue
Expenses
Prnorem pwnpncp<
(rl rnr awnan cpc
Stationeryand other administrative expenses
Fuelexpenses
alffi.p rahr avhahcac
Vehiclerepairexpenses
TIri I it-r' pvnph (p(
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
109,752
39,665
L48,aL7
107,879
28,943
1,066
3,823
3,734
3,306
I br)
L44,940
u23)
14. crvrl DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for theyearended31 December2015
Note 61Fostering Regional and Local Development in Georgia
Proiect# 00085221/00080250
Donor: United NationsDevelopmentProgram (UNDP)
FosteringRegionaland LocalDevelopmentin Georgiaproject is implementedby United Nations
DevelopmentProgram (UNDPJ,with the financialsupport of SwissCooperationOfficein South
CaucasusandAustrianDevelopmentAgency{ADA).
Within the project activitiesAgencyworking with municipality or regionally-basedNGOswill
facilitatethe active participationof civil societyin RAPworking group meetings,advocatefor
citizensinterest at local levelsand basedon the citizensfeedbackobtainedin 2015 granteewill
further selectand partner a number of locally-basedand operatingNGOsfrom the following six
regionsof Georgia:KvemoKartli,Guria,Samegrelo-ZemoSvaneti,Imereti,Racha-Lechkumi-Qvemo
SvanetiandMtskheta-Mtianeti.
The granteewill be facilitatingattendanceand activeparticipationof civic stakeholderson RAP
working group meetingson regionallevel; record the priorities and projectsidentifiedby civic
stakeholders;advocateand monitor the inclusionof the projectsidentified in the final updated
RAPs;after approval of updated final RAPs2076-2017 by the government,with closecoordination
of UNDP print the RAPsfor 6 regions and together with regional government organizethe
presentationmeetingof RAPSto the respectivepublicandNGOs.
Budgetofthe Grant80,000USD.
Completiondateofthe agreementis November1,2016.
Micro-capitalGrantAgreementhadbeensignedbetvveenUnitedNationsDevelopmentProgramand
Civil DevelopmentAgency (CiDAJon November2, 20L5, Implementingperiod of which was
establishedfrom November2, 2015 till November1, 2016.Prolectbudgetwas approvedat 80,000
USDfor thewholeperiod.
Grantagreementwas amended.Amendmenthadbeensignedby ZviadDevdariani- Ex,Directorfor
Civil DevelopmentAgency(CiDAJand on behalfof the UNDPby ShombiSharp- DeputyResident
Representativeon fune 17, 2015,The implementingperiod was extendedtill June30, 2015,Total
budgetwasnot changed.
(All statedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Revenuefor the yearof 2015
Total revenue
Expenses
Prnorem pwnpncac
( e l r n r o v n e n c a c
Stationeryandotheradministrativeexpenses
Fuelexpenses
Amount
120,350
LZO,350
2T,5T9
319
1 4 ) )
16. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for the vearended31 December2015
Note7l Centinuiugl&clu$iveDialoggeon the Post'2015Developnent Agendaaround
the meansof implementation
Proiect # 00088656
Donor: United NationsDevelopmentProgram (UNDP)
Continuing Inclusive Dialogue on the Post-2015DevelopmentAgenda around the means of
implementationprojectis implementedby UnitedNationsDevelopmentProgramIUNDP)
Objectiveof the project is to for CiDA to support the Departmentof PolicyAnalysis,Strategic
Planning and Coordination,Administration of the Governmentof Georgia in positioning the
Governmentof Georgiaasan ownerandleaderof the StrategicDevelopmentGoals(SDGs)in Georgia
vis-e-visdonorcommunityandgeneralpublic
Budgetofthe Grant20,000USD,
Completiondateofthe agreementis March31,2016,
Micro'capitalGrantAgreementhadbeensignedbetweenUnitedNationsDevelopmentProgramand
Civil DevelopmentAgency ICiDA) on December76, 201'5.Implementingperiod of which was
establishedfrom December18,2015till march31,2016.
(Al1stated in Georgian Lari)
Revenue
BeginningBalanceasoflanuary1,2015
Revenuefor the year of 2075
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryandotheradministrativeexpenses
Fuelexpenses
Officerent expenses
Vehiclerepairexpenses
Utilityexpenses
R r n L p w n o n c p c
Total expenses
Transferof unexpendedfunds
Ending Balanceas ofDecember 37,?Ots
Amount
48140
44.t40
4A 740
17. CIVILDEVELOPMENTAGENCYICiDA)
IndependentAuditors' Reportand Special-PurposeFinancialStatements
for the yearended31 December2015
Note6: Perso[allzed Assistancefor GeorgianMigrants
Proiect N: DCI-MIGR/2013/2A3269
Donor: EuropeanUnion
The Action's overall objective therefore is to "help Georgiabetter manageall aspectsof migratory
flows in all their dimensions.It achievesthis by advancingthree out of the four pillars of the
EuropeanUnion'sGlobalApproachto Migrationand Mobility-GAMMas Specificobjectivesof the
project:
First, it "protects the Human Rightsof Georgianmigrant";
Secondit "promoteswell-managedlegalmigrationby Georgianto TurkeyandGreece";
Andthird, it "optimizesthe positiveeffectof migrationon GeorgianDevelopment.
Within thesethree specific objectives,t}le Action will produce 8 ExpectedResultsthat cover three
stagesof migrationfrom Georgiato Turkey and Greece;preparationstage,foreignresidence,and
return home, The below graph shows the expectedresults in relation to the prolect'sspecific
objectiveoverthesedifferentstagesof migration.
Thetotal eligiblecostestimatedat 500,000EURO,TheContractingAuthorityundertakesto financea
maximumof 450,000Euro,equivalentto 90% of the estimatedtotal eligiblecostof action.
GrantStartDate:March26,2013
GrantCompletionDate:March25,2015
(Allstatedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryandotheradministrativeexpenses
Fuelexpenses
nffi.A rahr awhah(a<
Vehiclerepairexpenses
Utilityexpenses
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
1,t7,092
tL7.O9Z
124,078
55,074
1 1 1 ? ?
2,701
< 7'7')
? 6 q ?
1,,697
278
204525
(87,434)
18. CIVILDEVELOPMENTAGENCY(CiDA)
lndependentAuditors' Reportand Special-PurposeFinancialStatements
forthe yearended3l December2015
Note 7r Raising*re Economicaland Infrastructural Capabilities of Eco-migrantsin
Managingthe Migration Process
Proiect #: ENPI/2015/360-345
Donor: EuropeanUnion
Raisingthe Economicaland InfrastructuralCapabilitiesof Eco-migrantsin Managingthe Migration
Processprojectis implementedby EuropeanUnionrepresentedby EuropeanCommission.
The overallobjectiveof the projectis to improvethe socio-economicconditionsof eco-migrantsin
the Kakhetiand KvemoKartliregionsof Georgia.Thespecificobjectivesareto supporteco-migrants
to overcomethe strugglescurrently facedin reclaiming economicreintegration and self-sufficiency,
to strengthentheir capacityto rehabilitateeconomicand socialinfrastructure,to strengthentheir
capacityto developand lobby for the adoptionof community-developedplansin governmentplans
andto decreasethelevelof migrationof rural youth.
The total eligible cost estimatedat 366,599,00EURO,The ContractingAuthority undertakesto
financea maximum of 348,269.05Euro,equivalentto 95% of the estimatedtotal eligiblecostof
action,
Projectimplementationperiodis from August28,2015tillApril 27,2017
(All statedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Revenuefor the yearof 2015
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryandotheradministrativeexpenses
Fuelexpenses
Officerent expenses
Vehiclerepairexpenses
Utility expenses
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
730,340
730,340
38,985
q q q A q
12,926
2,213
2,777
300
845
301
tt4,256
616,OA4
19. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
for the yearended31 December2015
Note8r l"ocalGoverqment Refo,rmsRegionalInitiative (LGRI)
Donor: OpenSocietyGeorgiaFoundation
Local GovernmentReformsRegionalInitiative project is implementedby Open SocietyGeorgia
Foundation.The goal of the projectis to supportlocalgovernmentreform.To achieveabovegoal
followingactivitieswill be performed:Increasingthe role of localpopulationduring the processof
self-governmentreform; InvolvingregionalCSOsin discussionof new draft law regulations;Media
coverageof civic engagementin a new draft law regulations
Budgetofthe Grant50,000USD
Completiondateofthe agreementisAugust31,2015,
GrantAgreementhadbeensignedbetweenOpenSocietyGeorgiaFoundationand CivilDevelopment
Agency(CiDAJon October9, 2014,Implementingperiod of which was establishedfrom October1,
2014till August31,2015.Projectbudgetwasapprovedat 50,000USDfor thewholeperiod.
(All statedin GeorgianLari)
Revenue
BeginningBalanceasoffanuary 1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryand other administrative expenses
Fuelexpenses
Officerent expenses
Vehiclerepairexpenses
I l r i l i h / a v n a n c a c
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas of December31, 2015
Amount
29,352
49,812
79,L64
25,848
z,L aq1
7,L31,
1,L96_
1,1r7
4,14L
94
74,523
64L
20. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
forthe vearended3l December2015
Note9:Advancingcso capacitiesandEngagingsocieryfor sustainabiliry(AccEss)
grant #: G1176-15'100-3023-20
Donor: East-west Management Institute IEWMI)
Advancingcso capacitiesand Engagingsocietyfor sustainability(ACCESS)projectis implemented
by East-westManagementInstituteIEWMI].Thegoalof the proiectis to increasecivicengagement,
includingoutsideof Tbilisi,throughfour objectives:1. citizensmore awareof and involvedin cSo
activities;2. CSOleadershipand organizationalcapacity,aswell assustainability,improvedacrossa
rangeof organizationsin and outsideTbilisi;3. CSOseffectivelyableto monitor and influencekey
governmentpoliciesand processes;and 4. Localownershipof Centersfor CivicEngagementsothat
theycontinueto operateaspoliticallyneutralgatheringspacesfor publicdiscourse'
Grant Agreementhad been signed between East-westManagementInstitute (EWMI) and Civil
DevelopmentAgency(CiDA)on February73,2015.Budgetedcostofthe actionis 400,000usD and
CiDA,scostsharerepresents50,000USD.Projectimplementationperiod is from February3, 2015
till September30,2019.
(AIlstatedin GeorgianLari)
Revenue
BeginningBalanceasoflanuary 1,2015
Revenuefor the yearof 2015
Total revenue
Expenses
Programexpenses
Salaryexpenses
Stationeryandotheradministrativeexpenses
Fuelexpenses
Officerent expenses
Vehiclerepairexpenses
Utility expenses
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
170,233
(13,500)
Amount
756,733
ts6.733
( ( q ? q
q a ? q ?
1,752
2,269
2,418
73
21. crvrl DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for the yearended31 December2015
Note 10: Personalized Assista,nce for Georgian Migrants - Pilot Initiative in Support of
Ministry of lustice Community Centers
grant #: 1493
Donor: Eurasia Partnership Foundation
PersonalizedAssistancefor GeorgianMigrants- Pilot Initiative in Supportof Ministry of Justice
CommunityCentersprojectis implementedby EurasiaPartnershipFoundation.Theobjectiveof the
project is establishmentof migration information and consultationserviceswithin the GoG
suuclures,
GrantAgreementhad beensignedbetweenEurasiaPartnershipFoundationand CivilDevelopment
Agency(CiDA)on luly 27,2015. Budgetedgrant amount is 43,870 GEL.Projectimplementation
periodis from August1,2015till February29,2016.
(Allstatedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Prnorem ewnancoc
Salaryexpenses
Stationeryand other administrative expenses
Fuelexpenses
Offire rpnr pvnpn cec
Vehiclerepairexpenses
I I t i l i h ' a v h a h c a c
Bankexpenses
Total expenses
Transferof unexpendedfunds
Ending Balanceas ofDecember 31, 2015
Amount
43,870
43,470
12,777
72,750
457
502
2,000
178
392
35
29,O25
t4,445
22. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Reportand Special-PurposeFinancialStatements
for thevearended31 December2015
No.te11t Cross-borderEcononricllevelopment (CED)
Donor: Deutsche Gesellschaftf iir Internationale Zusammenarbeit (GIZ) GmbH
Cross-borderEconomicDevelopment(CED)project is implementedby DeutscheGesellschaftfiir
lnternationaleZusammenarbeit(GIZ) GmbH.The goal of the project is to improve the living
conditionsof borderingcommunitiesin KvemoKartliandTavushregions.specificobjectivesinclude
strengtheningcross-bordercooperationbetweenthe KvemoKartliandTavushregionsby attracting
investmentsand increasingtransactionsbetweenbusinessentitiesfrom both regions,andto inform
businessentitiesin the target regionsabout cross-borderinvestmentand trade opportunities.To
achieveaboveobjectivesbaselinesurvey(includingdeskresearch),start-upworkshops,agro-tours,
mediatour, agriculturalfair, PRtrainingsand consultationswill be conductedand onlineplatform,
catalogueandguidelinewill bedeveloped.
Totaleligiblecostof the actionis 234,886,4EUR.
Implementationperiodofthe actionis 16months.
Grant Agreement had been signed between Deutsche Gesellschaft frir Internationale
Zusammenarbeit[GIZ) GmbH and Civil DevelopmentAgency (CiDA) on September25, 2015.
Implementingperiodof which wasestablishedfrom September26,2015 till fanuary25,2017.From
total eligiblecost of the action is 234,886.4EURGIZundertakesto financemaximum amount of
211,397.76 EUR,equivalentto 900/oof the estimatedtotaleligiblecostof the action.
(AIlstatedin GeorgiqnLari)
Revenue
BeginningBalanceasoffanuary 1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Prnore m evnpncpc
( r l r n r p v n p n c e c
Stationeryand other administrative expenses
Fuelexpenses
nfFi.a ranr avnpncpc
Vehiclerepairexpenses
Utilityexpenses
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
714,51,2
LL4.Sr2
50,988
22,704
67
1,470
? l q q
60
9BB
31,6
79.747
34.724
23. CIVIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and Special-PurposeFinancialStatements
for the yearended31 December2015
Note 12r Support for the Inclusion of the Rural Population in Self-government
lnstitutions
Proiect # LDD/16/ LS-2OL36
Donor: OpenSocietyGeorgiaFoundation
Support for the Inclusion of the Rural Populationin Self-governmentInstitutions project is
implementedby Open SocietyGeorgiaFoundation.Objectiveof the project is to support Self-
government Institutions reforms, ensuring civic pariicipation in making decisions about local
problemsandimplementationof this decisions.
GrantAgreementhadbeensignedbetweenOpenSocietyGeorgiaFoundationand CivilDevelopment
Agency ICiDA) on November L3, 2015. Budgeted grant amount is 43,700 USD. Proiect
implementationperiodis from November13,2015till lune 13,201-6.
(Allstatedin GeorgianLari)
Revenue
BeginningBalanceasoffanuary 1,2015
Revenuefor the yearof 2015
Total revenue
Expenses
Pr^orr m avnancac
Srle nr avnen coc
Stationeryand other administrative expenses
Fuelexpenses
nffi.a rahr aYhah cac
Vehiclerepairexpenses
Utilityexpenses
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
6r,279
61,279
'7 7'7 /"
2,475
405
14
to,667
50,611
24. cIvIL DEVELOPMENTAGENCY(CiDA)
IndependentAuditors' Report and SpecialPurposeFinancialStatements
for theyearended31 December2015
Note 13: IDrproviag Transparcncy and Accountability of the Local Government
?hrough Public Participation in Their Activities.
Proiect # CTC-LDD-015-001-CSO
Donor: Centre for Training and Consultancy (CTC)
Improving TransparencyandAccountabilityof the LocalGovernmentThroughPublicParticipation
in TheirActivitiesprojectis implementedby Centrefor Trainingand Consultancy.
Grant Agreement had been signed between Centre for Training and Consultancyand Civil
DevelopmentAgencyICiDA)on December15,2015.Budgetedgrant amountis 16,650GEL.Project
implementationperiodis from December15,2015till June74,20L6.
(All statedin GeorgianLari)
Revenue
BeginningBalanceasof .fanuary1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Prnore m pvnpncpc
Salaryexpenses
Stationeryandotheradministrativeexpenses
Fuelexpenses
Offi.a rant avhcnsac
Vehiclerepairexpenses
ITfil ifu aYhahca<
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
7,255
7,255
950
951
6,304
25. crvrl DEVELoPMENTAGENCY(CiDA)
lndependentAuditors' Report and Special-PurposeFinancialStatements
forthe yearended31December2015
Notet4: Civil Education-2015
Proiecb # MPSII-Z?I73
Donor: Caucasuslnstitute for Peace,Democracyand Development (CIPDDJ
Civil Education-2015 project is implementedby CaucasusInstitute for Peace,Democracyand
Development(CIPDD).Projectinvolvesthe monitoringthe activitiesof CityCouncilof Rustavi,and
enhancecommunicationwith membersof the LocalGovernmentrepresentativebody.Totalvalueof
proiectamountsto 1800EURandthe projectperiodis from January1,2015till April 30,2015.
(All statedin GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Prnorem pvnpncpc
(rlrrrr awnanca<
Stationeryand other administrative expenses
Fuelexpenses
Officerent expenses
Vehiclerepairexpenses
I t l i l : k , ^ . . - ^ - ^ ^ ^
u(rrrLy c^PrrrrEr
Bankexpenses
Total expenses
Transferof unexpendeclfunds
EndingBalanceas ofDecember 31, 2015
Amount
4,5Q1
4.501
3,535
967
501
26. CIVIL DEVELOPMENTAGENCY(CiDA)
lndependent Auditors' Reportand Special-PurposeFinancialStatements
for theyearended31 December2015
Note 151Local Actors foin for Inclusive Developmentand Governancein the South
Caucasus{IOIN}
Donor: Austrian Development Agency (ADA), Sub grant awarded by Cooperative for
Assistance and Relief Everywhere, Inc. doing business as CAREInternational in the Caucasus
LocalActorsloin for InclusiveDevelopmentandGovernancein the SouthCaucasusIJOIN)projectis
implementedby Cooperativefor Assistanceand ReliefEverpvhere,lnc. doing businessas CARE
Internationalin the Caucasuswith the financialsupportof the AustrianDevelopmentAgency(ADA).
The objectiveof the fOIN project is to support local government,community sector and private
sector in jointly planning and implementinggender-sensitivemunicipal developmentplans for
sustainablesocioeconomicdevelopment,supportBDICsin provisionof market-relevantinformation
andtrainingsto LG,CSandprivatesectorin supportof strengtheninglocalvaluechains(in selected
fieldssuchasagriculture)
First Sub-GrantAgreement had been signed between Cooperativefor Assistanceand Relief
Everywhere,Inc. CAREInternationalin the Caucasusand Civil DevelopmentAgenry (CiDA)on
fanuary1, 2012 (Agreementeffectivedate)with durationtill December31,201.2;approvedinitial
budget- 70,800EUR.
Sub-grantagreementwas amended.First amendmenthad been signed by Thomas Reynolds-
MissionDirector,Cooperativefor Assistanceand ReliefEverywhere,Inc.CAREInternationalin the
Caucasusand ZviadDevdariani- Director,CivilDevelopmentAgency(CiDA)on June1, 2012.Total
budget was increasedr.o 74,090 EUR and also parties agreedto perform certain re-allocation
betweenthe budgetlines.
Secondamendmenthad been signedby Thomas Reynolds- Mission Director, Cooperativefor
Assistanceand ReliefEverywhere,Inc.CAREInternationalin the Caucasusand ZviadDevdariani-
ExecutiveDirector,Civil DevelopmentAgency(CiDA)on fanuary 3, 2013,Periodof the sub-grant
agreementwas prolonged from December31, 2012 until February 28, 201.3.Other terms and
conditionsof the contract,includingbudgetremainedunchanged.
OnMarch1,2013 Cooperativefor Assistanceand ReliefEvery.'where,Inc.CAREInternationalinthe
Caucasusand CivilDevelopmentAgency(CiDA)signedsecondsub-grantAgreement,Implementing
period of which was establishedfrom March 1, 2013 till February2A, 2014. Projectbudgetwas
approvedat 91,173EURfor the wholeperiod.
OnMarch23,201.4Cooperativefor AssistanceandReliefEverwvhere,Inc.CAREInternationalin the
Caucasusand Civil DevelopmentAgencyICiDA)signedthird sub-grantAgreement. Implementing
period of which was establishedfrom March 1, 2074 till October31, 2014. Projectbudgetwas
approvedat 78,850EURfor thewholeperiod.
27. crvrl DEVELoPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
for theyearended31 December2015
(All stated in GeorgianLari)
Revenue
BeginningBalanceasofJanuary1,201.5
Revenuefor the yearof 2015
Total revenue
Expenses
P r ^ o r , m
( r l r n r a v n a n c o c
Stationeryandotheradministrativeexpenses
Fuelexpenses
Offii'p rpnt pvnoncpc
Vehiclerepairexpenses
u U l L y s ^ P r r r s r s
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31,2015
Amount
29,077
29,ot7
(28,e14)
103
27 ll'ag,c
28. crvll DEVELOPMENTAGENCY(CiDA)
IndependentAuditors'ReportandSpecial-PurposeFinancialStatements
for theyearended31 December2015
Nole1S1Other
Otherrepresentsincome from returned VAT.
(All statedin GeorgiqnLari)
Revenue
BeginningBalanceasoffanuary 1,2015
Revenuefor theyearof 2015
Total revenue
Expenses
Prnorem pvnpncp<
(ele nr pwnpncpc
Stationeryand other administrative expenses
Fuelexpenses
Offiep rpnt pwnpncac
Vehiclerepairexpenses
I lril ih' avnancac
Bankexpenses
Total expenses
Transferof unexpendedfunds
EndingBalanceas ofDecember 31, 2015
Amount
8,699
Lr,896
20,596
7,279
13,784
133
zo,s96