Financials

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.

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