ANNUAL REPORT 2013
INCOME STATEMENT
For the year ending December 31. 2011
All figures quoted in Macedonian Denars (MKD)
REVENUES
Membership fees
6.815.393
Interest and Investment Income
41.541
Advertising/Event ticket sales
18.000
Sponsorship income
121.750
Grants
1.534.694
Total income generated in 2013
8.531.378
Transferred prior year excess of income
1.954.383
Total revenues
10.485.761
OPERATING EXPENSES
Personnel expenses
2.952.837
Professional expenses
708.312
Travel expenses
340.092
Publications and promotional materials
514.075
Services
428.512
Office supplies
547.004
Rent and utilities
581.801
120.888
Communications
Event expenses
905.662
251.136
Donations transferred
Other (dues paid. bank charges. insurance)
Grant expenses
Total operational expenses
Excess income over expenses before taxation
Taxation
Excess income over expenses transferred into 2014
41.967
1.775.748
9.168.034
1.317.727
39.574
1.278.153
* These statements have not been reviewed by an independent auditor. AmCham Macedonia will publish
independently audited 2013 financial statements by June 2014.
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