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| EKONID ANNUAL REPORT 2018
STATEMENT OF RECEIPT & EXPENSES
An audit of EKONID’s financial position as of December 31, 2018 was completed by registered public accountants
KAP Bayudi, Yohana, Suzy, Arie in accordance with the accounting principles which apply in the Republic of Indonesia.
Reflecting its character as a non-profit organization, EKONID’s balance sheet is dominated by cash and cash equivalents.
In terms of income, EKONID receives contributions from its membership, as well as cost-reimbursements for market
access and trade fairs services and publications, in addition to subsidies from the German government and earnings
from government and institutionally funded projects.
Cash Receipts
Membership Income
Service Income
Publications
Trade Fairs
Grant Project
Total Cash Receipts
Expenditures
Personnel expenditures
Operating expenses
Net Cash for operating activities
Net cash (used in) / provided by investing activities
Subsidies from Germany
Saving for employee Benefit Obligation
Net increase / (decrease) in cash and cash equivalent
Cash and cash equivalent at the beginning of year
Cash and cash equivalent at the end of year
