Financials

financial-hero

Statement of Financial Position

As at 31 December 2013 and 2012 (in thousands of US dollars)*

Assets 2013 2012
Current Assets
Cash and cash equivalents 22,634 37,447
Short-term time deposits 1,000 500
Account receivables
Donors 7,443 3,342
Employees 1,032 655
Other CGIAR centers 231 98
Others 6,214 4,593
Prepaid expenses 997 436
Total current assets 39,551 47,071
NON-CURRENT ASSETS
Property, plant and equipment 3,059 2,479
Other assets 7,404 2,823
Total non-current assets 10,463 5,302
Total assets 50,014 52,373
Liabilities and Net Assets 2013 2012
Current Liabilities
Accounts payable
Donors 10,075 15,729
Employees 705 566
Other CGIAR centers 4,506 2,802
Others 452 1,651
Accruals 3,632 2,361
Total current liabilities 19,370 23,109
Non-Current Liabilities
Employee benefit obligations 5,383 5,290
Total non-current liabilities 5,383 5,290
Net Assets
Unrestricted
Undesignated 12,430 20,371
Designated 12,831 3,603
Total net assets 25,261 23,974
Total Liabilities and Net Assets 50,014 52,373

Statement of Activities

For the years ended 31 December 2013 and 2012 (in thousands of US Dollars)*

2013

  Unrestricted CRP Non-CRP Total
Grant revenue
Windows 1 & 2 - 27,618 - 27,618
Window 3 3,843 7,892 - 11,735
Bilateral 338 14,739 2,942 18,019
Other revenue and gains 398 - - 398
Total revenues and gains 4,579 50,249 2,942 57,770
Research expenses 3,287 46,552 2,942 52,781
General and admin expenses 6,868 - - 6,868
Subtotal expenses 10,155 46,552 2,942 59,649
Indirect cost recovery (6,863) 3,697 - (3,166)
Total operating expenses 3,292 50,249 2,942 56,483
Surplus for the year 1,287 - - 1,287
Expenses by function
Personnel costs 4,276 11,596 91 15,963
CGIAR collaboration - 13,480 58 13,538
Other collaboration 856 4,191 2,114 7,161
Supplies and services 4,188 13,502 479 18,169
Travel 695 2,803 26 3,524
Depreciation 140 980 174 1,294
Subtotal expenses 10,155 46,552 2,942 59,649
Indirect cost recovery (6,863) 3,697 - (3,166)
Total operating expenses 3,292 50,249 2,942 56,483

2012

  Unrestricted CRP Non-CRP Total
Grant revenue
Windows 1 & 2 - 29,952 - 29,952
Window 3 6,546 1,140 - 7,686
Bilateral 250 18,131 - 18,381
Other revenue and gains 340 - - 340
Total revenues and gains 7,136 49,223 - 56,359
Research expenses 238 44,688 - 44,926
General and admin expenses 6,482 - - 6,482
Subtotal expenses 6,720 44,688 - 51,408
Indirect cost recovery (6,832) 4,535 - (2,297)
Total operating expenses (112) 49,223 - 49,111
Surplus for the year 7,248 - - 7,248
Expenses by function
Personnel costs 3,066 10,670 - 13,736
CGIAR collaboration - 15,341 - 15,341
Other collaboration 112 5,190 - 5,302
Supplies and services 3,098 10,637 - 13,735
Travel 382 2,188 - 2,570
Depreciation 62 662 - 724
Subtotal expenses 6,720 44,688 - 51,408
Indirect cost recovery (6,832) 4,535 - (2,297)
Total operating expenses (112) 49,223 - 49,111

*Statements taken from the audited financial statements as of and for the years ended 31 December 2012 and 2013. PricewaterhouseCoopers-Indonesia conducted the audit and issued an unqualified opinion.

Top