Center for International Forestry Research
Statement of financial position*
As at 31 December 2012 and 2011 (in thousands of US dollars)
Assets | 2012 | 2011 | |
---|---|---|---|
Current assets | |||
Cash and cash equivalents | 37,447 | 21,128 | |
Short-term time deposits | 500 | 600 | |
Account receivables: | |||
– Donors | 3,342 | 2,803 | |
– Employees | 655 | 470 | |
– Other CGIAR centers | 98 | 94 | |
– Others | 4,593 | 941 | |
Prepaid expenses | 436 | 420 | |
Total current assets | 47,071 | 26,456 | |
Non-current assets | |||
Property, plant and equipment | 2,479 | 2,483 | |
Other assets | 2,823 | 1,797 | |
Total non-current assets | 5,302 | 4,280 | |
Total assets | 52,373 | 30,736 |
Liabilities and net assets | 2012 | 2011 | |
---|---|---|---|
Current liabilities | |||
Account payables: | |||
– Donors | 15,729 | 5,402 | |
– Employees | 566 | 381 | |
– Other CGIAR centers | 2,802 | 708 | |
– Others | 1,651 | 134 | |
Accrued expenses | 2,361 | 2,252 | |
Total current liabilities | 23,109 | 8,877 | |
Non-current liabilities | |||
Employee benefits obligations | 5,290 | 4,783 | |
Accrued expenses – non-current portion | – | 350 | |
Total non-current liabilities | 5,290 | 5,133 | |
Net assets | |||
Unrestricted: | |||
– Undesignated | 20,371 | 13,123 | |
– Designated | 3,603 | 3,603 | |
Total net assets | 23,974 | 16,726 | |
Total liabilities and net assets | 52,373 | 30,736 |
Statement of activities*
For the years ended 31 December 2012 and 2011 (in thousands of US dollars)
2012 |
2011 |
||||||||||||||
Unrestricted |
Restricted – CRPs |
Total |
Total |
||||||||||||
CGIAR fund |
CGIAR fund |
Bilateral |
Total |
||||||||||||
Revenue and gains |
|||||||||||||||
– Grant revenue |
6,796 |
29,952 |
1,140 |
18,131 |
49,223 |
56,019 |
36,394 |
||||||||
– Other revenue and gains |
340 |
– |
– |
– |
– |
340 |
276 |
||||||||
Total revenue and gains |
7,136 |
29,952 |
1,140 |
18,131 |
49,223 |
56,359 |
36,670 |
||||||||
Expenses and losses |
|||||||||||||||
– Research expenses |
200 |
25,317 |
996 |
16,116 |
42,429 |
42,629 |
31,594 |
||||||||
– General and administration |
(350) |
6,832 |
– |
– |
6,832 |
6,482 |
4,742 |
||||||||
Sub-total |
(150) |
32,149 |
996 |
16,116 |
49,261 |
49,111 |
36,336 |
||||||||
– Indirect cost recovery |
38 |
(2,197) |
144 |
2,015 |
(38) |
– |
(1,630) |
||||||||
Total expenses and losses |
(112) |
29,952 |
1,140 |
18,131 |
49,223 |
49,111 |
34,706 |
||||||||
Surplus |
7,248 |
– |
– |
– |
– |
7,248 |
1,964 |
||||||||
Expenses by natural |
|||||||||||||||
classification |
|||||||||||||||
– Personnel |
90 | 8,655 | 483 | 4,508 | 13,646 | 13,736 | 12,132 | ||||||||
– Supplies and services |
(276) | 5,769 | 417 | 5,496 | 11,682 | 11,406 | 9,083 | ||||||||
– Collaborators – CGIAR centers |
– | 15,224 | – | 117 | 15,341 | 15,341 | 6,525 | ||||||||
– Collaborators – Partners |
2 | 348 | 16 | 4,936 | 5,300 | 5,302 | 5,810 | ||||||||
– Travel |
33 | 1,516 | 80 | 941 | 2,537 | 2,570 | 2,062 | ||||||||
– Depreciation |
1 | 637 | – | 86 | 723 | 724 | 724 | ||||||||
– System cost (CSP) |
– | – | – | 32 | 32 | 32 | – | ||||||||
Sub-total |
(150) |
32,149 |
996 |
16,116 |
49,261 |
49,111 |
36,336 |
||||||||
– Indirect cost recovery |
38 |
(2,197) |
144 |
2,015 |
(38) |
– |
(1,630) |
||||||||
Total |
(112) |
29,952 |
1,140 |
18,131 |
49,223 |
49,111 |
34,706 |
*These statements were taken from the audited financial statements as of and for the years ended 31 December 2012 and 2011.
PricewaterhouseCoopers-Indonesia conducted the audit and issued an unqualified opinion.