2014 Annual Report
2014 Financial Statements
INCOME AND EXPENSE STATEMENT
for the year ended 31 December 2014
INCOME
2014
2013
MKD
MKD
Membership fees
6.528.138
6.814.393
Interest income
24.314
41.541
Event ticket sales
49.237
19.000
Event sponsorship income
60.000
121.750
Donations
Income from grants/Subsidies
820.896
1.534.694
Total income generated in the year
7.482.585
8.531.378
Transferred prior year excess of income
1.278.153
1.954.383
______________________________________________________________________________
Total income
8.760.738
10.485.761
EXPENSES
Personnel expenses
3.172.072
2.952.837
Professional services
501.311
757.487
Travel expenses
198.757
340.092
Publications & promotional materials
300.962
514.075
Services
364.225
638.748
Office supplies
488.945
227.497
Rent & utilities
562.865
638.794
Communications
148.449
120.888
Event expenses
695.353
905.662
Donations transferred
71.050
251.136
Other
28.784
45.070
Expenses related to grant
350.199
1.775.748
______________________________________________________________________________
Total expenses
6.882.972
9.168.034
Surplus income over expenses (before taxation)
Income tax
Surplus income after tax
1.877.766
1.317.727
35.822
39.547
1.841.944
1.278.153
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