Financial Status 2013
|Donations||101 128,05 EUR|
|Sum Income||101 131,68 EUR|
|Operational expenditure||101 131,68 EUR|
|Support (teams, centers, workshops, information events)||62 640,59 EUR|
|Sum Expenditure||143 644,93 EUR|
|Annual Result||– 42 513,25 EUR|
Remuneration Policy for Board Members
The board members of HSI work on a purely voluntary basis. Only reasonable expenses for travel and lodging occurred during work for HSI are reimbursed.
The board has appointed one senior administrator who is receiving a wage.
Brief Explanation Income-Expenditure
It was important to continue to support the activities in the country societies. The support was mainly given to societies in Eastern Europe and to Lighthouse Center® Poland.
To fund the activities it was decided to take the necessary amount from the reserves.
The operating expenses were slightly reduced compared to 2012.
Balance sheet as at 31st December 2013
|Immaterial assets||168,11 EUR|
|Material assets||5 065,39 EUR|
|Current assets||49 565,52 EUR|
|Sum ASSETS||54 799,02 EUR|
|Contributed Capital||20 019,28 EUR|
|Retained earnings||76 887,80 EUR|
|Annual result||– 42 513,25 EUR|
|Sum LIABILITIES||54 799,02 EUR|