Stihting Childs life International Annual Report 31 Deember 2015 ChiidsLife Annual Report 2015 Gewaarmerkt d.d. 3 'b I \ ~ Handteke.n9 A..._--:::=:::::-
Balane per 31 Deember 2015 31-de-15 31-de-14 ASSETS A Tangiblefixed assets 4.896 8.505 4.896 8.505 BInventory (Gifts-in-Kind) 97.672 11.950 C Aounts reeivable 19.496 42.242 D Availablefunds 140.049 29.577 257.217 83.769 Total 262.112 92.274 LIABILITIES Reserves and funds E - Reserves - Continuity reserve 44.790-97.501- - Designated reserves 102.568 20.455 57.778 77.046- F - Funds - Designated funds 64.232 53.261 G Short-term debts 140.102 116.059 Total 262.112 92.274 ChildsLife Annual Report 2015 Gewaar,FJ'lirkt d.d. 3 b lb Handt
Statement of Inome and Expenditure 2015 Atual201S Budget 2015 Atual2014 Inome: I - Inome from own fundraising 1.372.893 100% 1.447.466 100% 1.641.889 100% J - Interest inome 828 300 777 K - Other inome 105 182 Total inome 1.373.826 1.447.766 1.642.848 Expenditure: L Expended to the projets - Goal A - Information/Eduational 41.502 3% 35.928 2% 50.584 3% - Goal B- Preparation & Coordination 91.950 7% 92.628 6% 119.083 7% - Goal C- Strutural help 804.694 59% 1.077.263 74% 2.858.409 174% - Goal D - Emergenyaid 20.713 2% 21.055 1% 28.579 2% 958.859 1.226.874 3.056.655 M Fundraising osts - Diret fundraising osts * 240.169 17% 193.440 13% 233.266 14% * = CBF-requirement 25% 240.169 193.440 233.266 N Management and administration -Costs management and administration 29.003 2% 27.668 2% 38.963 2% Total expended 1.228.031 1.447.982 3.328.884 Defiit! surplus 145.795 11% 216-0% 1.686.034- -103% Results Atual201S Budget 2015 Atual2014 The defiit! surplus is transferred from or added to: - Continuity reserve 52.711 216-112.738- - Designated reserves 82.113 1.546.610- - Designated funds 10.971 26.686-145.795 216-1.686.034- Theexpenditure perentage inome The relation between the total expenditure to the projets and the total inome. Atual201S Budget 2015 Atual2014 Total expenditure 958.859 1.226.874 3.056.655 Total inome 1.373.826 1.447.766 1.642.848 Expenditure perentage inome 70% 85% 186% Theexpenditure perentage expended The relation between the total expenditure to the projets and the total expended. Total expenditure Total expended Expenditure perentage expended Atual201S Budget 2015 Atual2014 958.859 1.226.874 3.056.655 1.228.031 1.447.982 3.328.884 78% 85% 92% Theosts perentage offundraising The relation between the fundraising osts and the inome from own fundraising. The poliy with regard to this perentage is to strive to a perentage below 15%. Inome from own fundraising Fundraising osts Costsperentage of fundraising Atual201S Budget 2015 Atual2014 1.372.893 1.447.466 1.641.889 240.169 193.440 233.266 17% 13% 14% ChiJdslife Annual Report 2015 Gewaa~merkt d.o. 3lb!tb H dte~:.::..:..:;~~
Explanatory note for the annual aounts 2015 General This Annual Report has been prepared in aordane with the Duth National Fundraising Guidelines (Rihtlijn 650 Verslaggeving Fondsenwervende Instellingen), the CBF-areditation, to ensure transpareny in reporting by fundraising institutions and provide a lear insight in the utilisation of funds for projets, fundraising, administration and management. The Annual Report has been prepared on the basis of a period of one year. The finanial year is the alendar year. Audit of the Annual Reports The foundation is, in aordane with the CBF(Centraal Bureau Fondsenwerving) Guidelines, ompulsorily subjet to an audit of the Annual Reports. Aounting poliies for assets and liabilities and determination of results General The aounting poliies used for the evaluation of data are based on historial osts. Unless otherwise stated, the assets and liabilities are arried at the nominal value. Revenue and expenditure are alloated to the period to whih they relate. Foreign urreny transations Transations in foreign urreny are onverted with the exhange rate of the transation date. In foreign urreny denominated monitary assets and liabilities are onverted per balane sheet date in the funtional urreny with the exhange rate of that date. Non-monetary assets and liabilities in foreign urreny that are aounted against historial ost prie, are onverted to Euro's against the exhange rate of the transation date. The exhange differenes are aounted as expenditure in the statement of inome and expenditure. Aounting poliies for assets and liabilities Tangible fixed assets These assets are valued at purhase minus aumulated depreiation. Depreiation is alulated as a perentage of the purhase prie on a straight line basis over their eonomi lifespan. - Hardware and software 33% - Inventory and transportations - Warehouse rakings 20% 10% Childs Life Annual Report 2015
Inventory (Gifts-in-Kind) The Gifts-in-Kind are based on the fair value within The Netherlands. Aording to the ChildsLife poliy of September 24, 2012 is at that date proeeded to external appraisal for gifts in kinds to the value of 8.000 or higher and/or more but idential goods with a total value of 8.000 (but with a individual value that is lower than 8.000). The transport osts for aquiring the gifts-in-kind are attributed to this value of the inventory. The gifts-in-kind are immediately available for the projets. Aounts reeivable and available funds Reeivables are reognized initially at fair value and subsequently measured at amortized ost. The fair value and amortized ost are equal to the nominal value. Neessary provision for doubtful debts be deduted. These provisions are determined on the basis of individual assessment of progress. Available funds The available funds are valued at nominal value and are free available. For mutations is referred to the ash-flow. Continuity reserve The ontinuity reserve is formed for the overing of risks at short notie and to be sure that the foundation meets its obligations towards projets in the future. Aording to the Guidelines of VFI (Vereniging voor Fondsenwervende Instellingen) the Board works towards a ontinuity reserve of l,s times the yearly osts of the working organisation. Designated reserves The restrition on spending of the designated reserves is determined by the Board, and is not an obligation, the Board itself an end this restrition. This reserve is designated to the inventory (Gifts-in-Kind) and tangible fixed assets. Designated funds These are funds that are designated by third parties to a speifi projet. Short-term debts Liabilities are initially valued at fair value. This is about generally equal to the nominal value. After initial measurement of debt measured at amortized osts. If there is no premium or disount amortized ost is equal to the nominal value. Aounting poliies for the ash flow The ash flow has been prepared aording the indiret method. The ash in the ash flow onsists available funds. Inome and expenditure from interest are inluded in the ash flow of operational ativities. ChiidsLifeAnnual Report 2015
Aounting poliies for determination of results Inome and Expenses These are imputed to the period to whih they refer. All inome are for the gross amount inluded within the inome. Inome from own fundraising Inome from own fundraising is aounted for the reeived amount without dedution of osts. Donations Donations are all voluntary ontributions and donations, inluding the diret mail inome. These are aounted in the reeiving year exept donations that an be aounted for a period in whih a ertain ation took plae. Gifts with a speial destination Gifts with a speial destination is inome that is designated to a projet by third parties. These gifts will be spend to the destination for whih it is raised. Gifts-in-Kind The gifts-in-kind are based on the fair value within The Netherlands. Aording to the ChildsLife poliy of September 24,2012 is at that date proeeded to external appraisal for gifts in kinds to the value of 8.000 or higher and/or more but idential goods with a total value of 8.000 (but with a individual value that is lower than 8.000). Sponsored servies The sponsored servies are based on assessable servies from businesses, where no proportional ontribution for the servies or goods are ompared. legaies Legaiesare aounted in the finanial year in whih the signifiane an reliably be determined. Provisional payments are aounted in the finanial year in whih they are reeived as inome from legaies, provided that they are not aounted in a previous finanial year. Sale of goods Inome from the sale of goods are aounted as inome against the gross profit. The gross profit is the net sales minus the osts of the sold goods. Expenditures to the programs Within the organization six main ativities an be distinguished: Information/Eduational, Preparation and Coordination from The Netherlands, Strutural help, Emergeny aid, Fundraising and Management & Administration. To support these ativities the organisation has operational osts. These osts are alloated to above ativities based on a fixed alloation. ChildsLifeAnnual Report 2015
Alloation implementation osts The al/oation of the operational osts to the programs and projets is as follows: The Duth National Fundraising Guidelines for the annual reporting R 650 determines that the osts of the organization must be speified to different ost ategories. Every staff belongs to one of these ategories. The VFI has guidelines what osts should be attributed to the ost ategory 'management and administration', namely: osts for management, finane, ICT,reeption, mail handling, arhive and general seretariat. ChildsLife follows these guidelines. On the basis of the labor osts and formation, viewed over several years, these osts are 10% of the total salary osts. The osts for fundraising and the osts spent on objetive A en D are 10% and the osts spent on objetive B is 35% and on objetive C is 25% of the total salary osts. We then alulate the osts for other personnel osts, travel/aommodation osts, offie aommodation ostst, offie osts, printing osts brohures et. and other general expenses using the same method and distribute them. The speifiation and distribution of osts to the program is as follows: Destination Program & Projet Fundraising Management and administration Expenditures A B C D Own fundraising Salaries and soial seurity osts 10% 35% 25% 10% 10% 10% Other personnel osts 50% 50% Travel/aommodation osts 50% 50% Offie aommodation osts 10% 10% 62,5% 10% 7,5% Offie osts 10% 10% 60% 10% 10% Printing osts brohures et 50% 50% Other general expenses 10% 10% 60% 10% Fundraising asts 100% 10% Strutural help 100% Emergeny Aid 100% A = Information / Eduational B = Preparation and Coordination from The Netherlands C= Strutural help D = Emergeny aid ChildsLifeAnnual Report 2015
Cash flow 2015 Atual2015 Atual2014 Cash flow from operational ativities Defiit/surplus 145.795 1.686.034- Adjustments for: Depreiations tangible fixed assets 3.613 4.229 Total gross ash flow from operational ativities 149.408 1.681.805- Change in working apital: Mutation in Gifts-in-Kind 85.722-1.542.381 Mutation in aounts reeivable 22.746 22.804 Mutation in short-term debts 24.043 43.947-38.932-1.521.238 Total net ash flow from operational ativities 110.476 160.567- Cash flow from investment ativities Additions tangible fixed assets Divestments tangible fixed assets 4- Cashflow from investment ativities 4- Mutation available funds 110.472 160.567- The ash flow of the finanes is as follows: Balane at the 1st of January Mutation available funds 29.577 110.472 190.144 160.567- Balane at 31st of Deember 140.049 29.577 Explanatory ash flow The ash flow provides insight into the availability of funds during the year. In 2015 a net ash flow is realised from operational ativities of 110.000 positive. There were no investment ativities in 2015. All ativities of ChildsLife resulted in a liquidity position at 31 Deember 2015 of 140.000. ChildsLife Annual Report 2015 Gewaarmerkt d.d. 3 lb I (b H ndt ening
Explanatory note to the balane sheet at 31st of Deember 2015 Assets A Tangible Operating fixed assets assets 2015 2014 Purhaseosts 163.691 163.691 Aumulated depreiation 155.186-150.957- Bookvalue at the 1st of January 8.505 12.734 Divestments 24.498- Divestments aumulated depreiation 24.502 Depreiations finanial year 3.613-4.229- Bookvalue at 31st of Deember 4.896 8.505 The above assetsare for use in the organisation and are inventory, ICT,ompany ar, storage raksand forklift. The book value at 31st of Deember an be speified asfollows: 2015 2014 Purhasevalue 139.193 163.691 Aumulated depreiation 134.297-155.186- Bookvalue at 31st of Deember 4.896 8.505 BInventory (Gifts-in-Kind) 2015 2014 Gifts-in-Kind available for the projets 96.125 11.293 Transport oststo aquisition of Gifts-in-Kind 1.547 657 97.672 11.950 The Gifts-in-Kind are immediately available for the projets and onsist of goods suh asfurniture, lothing, food, household items, hygiene produts, medial artiles, shool supplies, toys, hard ware and emergeny aid pakages. C Aounts reeivable 2015 2014 Donations reeivable 1.433 594 Mailing inome reeivable 7.477 6.984 Prepaidother osts 8.307 16.240 Other reeivables 2.279 18.424 19.496 42.242 All aounts reeivables and prepayments have a maturity of lessthan 1 year. The mailing inome reeivables is the inome of a mailing in Deember 2015 reeived in January 2016. Prepaidother osts are oststo be alloated to 2016. Childs Life Annual Report 2015
D Available funds 2015 2014 Cash 221 161 ABN-AMROBank 31.717 20.552 ABN-AMROBanksavingaounts 30.936 5.020 INGBank 4.485 3.148 INGBankdeposit 72.690 696 140.049 29.577 All available funds that are not diretly needed for the business,are transferred to a savingsaount and are instantly laimable. Liabilities Reserves and funds EReserves Continuity reserve 2015 2014 Balaneat the 1st of January 97.501-15.237 From/to operations assetsreserves 3.609 4.229 From/to objetives assetsreserves 85.722-1.542.381 From/to designated funds 10.971-26.686 190.585-1.588.533 Surplus/defiit finanial year 145.795 1.686.034- Balaneat the 31st of Deember 44.790-97.501- A ontinuity reserve is formed for the overing of risks at short notie and to be sure that the foundation meets its obligations towards projets in the future. Designated reserves Objetives assets reserves; 2015 2014 Balaneat the 1st of January 11.950 1.554.331 Mutation in the inventory (Gifts-in-Kind) 85.722 1.542.381- Balaneat the 31st of Deember 97.672 11.950 Operations assets reserves 2015 2014 Balaneat the 1st of January 8.505 12.734 Movement in tangible fixed assets 3.609-4.229- Balaneat the 31st of Deember 4.896 8.505 Total designated reserves 102.568 20.455 The restrition on spending of the designated reserves is determined by the Board and is not an obligation, the Board itself an end this restrition. Childslife Annual Report 2015
F Funds Designatedfunds Fund1 Fund2 Fund3 Fund4 Fund5 Fund6 Total Balane at the 1st of January 4.250 21.250 5.652 22.109 53.261 Inome 2.900 5.200 25.000 12.420 74.061 62.385 181.966 Expended -2.900-9.280-25.000-18.072-59.558-56.185-170.995 Balane at the 31st of Deember 170 21.250 36.612 6.200 64.232 Theseare funds that are designated to a speifi projet by third parties. Fund 1 is ChemaVision shool, Kibera, Kenya- shoolmeals and books. Fund 2 is the Voational entre in Kibera, Kenya. Fund 3 is Maasaishoolsprojet, Kenya. Fund 4 is Annenoor Centers in Romania(eduation enters), First Step in Life and Next Step in Life. Fund 5 is Live LearnEarnhiv mothers program in Kibera, Kenya. Fund 6 is Makueni shoolsprojet, Kenya. G Short-term debts 2015 2014 Aounts payable 45.278 43.315 Wagetax and soial seurity osts 5.875 6.902 Arued expenses 19.143 12.053 Reservationsbenefits 1.943 4.123 Gifts reeived in advane 68.000 49.000 Premiums for WGA-Hiaat insurane 135-666 140.103 116.059 H Assetsand obligations. not visible in the balane sheet The annual rent for 2016 for the property at Nijverheidsweg 35B at Haarlem is 11.160. The rent an be terminated on a monthly basis. ChildsLife has issueda bank guarantee for the rent at 3.500. Childstife Annual Report 2015
Explanatory note to the statement of inome and expenditure 2015 I Inome from own fundraising Atual2015 Atual2014 Budget 2015 Colletions 2.170 Donations and gifts 574.363 493.382 689.916 Designated gifts 181.966 147.820 Gifts-ln-Kind 516.344 865.038 700.000 Sponsored servies 62.744 65.381 17.000 Events and support ations 12.850 18.811 18.000 Ations of shools 4.049 7.619 16.500 legaies 17.657 14.175 6.050 Saleof goods 750 29.663 Total inome from own fundraising 1.372.893 1.641.889 1.447.466 Total inome from own fundraising is :1,4 million, a derease of269.000 with referene to 2014. This derease is mainly aused by a derease of Gifts-ln-Kind. The inome from donations and gifts, designated gifts, ations of shools, legaies and sale of goods inrease by86.000 ompared to last year. The designated gifts are funds for: 2015 Voational Shool in Kibera, Kenya 5.200 Kisii projet for food and lothing, Kenya Maasai shool projet 25.000 Chema Vison shool in Kenya 2.900 live Learn Earn hiv mothers program 74.061 Annenoor/ First Step & Next Step in Life Romania 12.420 Makueni shools projet, Kenya 62.385 Maasai Give a shool a herd projet, Kenya e Total designated gifts 181.966 2014 6.430 7.550 25.000 10.590 35.000 11.250 50.000 2.000 147.820 Gifts-in-Kind an be divided by donor or by type of goods. Gjfts~in~Kind by donor DMRO (USAID) Companies from England Duth ampa nies Duth individuals Total Gifts-in~Kind Gift-in-Kindby type of goods Clothing Food Furniture Mahinery and equipment Household items Hygiene produts Medial artiles Shool supplies Toys Various goods Total Gifts~În~Kind 2015 10.250 306.718 176.361 23.015 516.344 2015 126.324 1.309 19.465 290 299.061 6.395 30.932 30.695 1.238 637 516.344 Inome from the sale of goods is the gross profit ofthe goods sold. The ost prie is the transport ost for obtaining the donated goods. Net sales Cost prie Gross profit 750 750 J Interest inome Atual2015 Atual2014 Budget 2015 Interest inome 828 777 300 The interest of the saving aount was 1% average. K Other inome Atual2015 Atual2014 Budget2015 Divers inome and expenditure 105 182 ChiidstifeAnnuaiReport201S
N Distribution of implementation osts aording to programs In Guideline 650 is presribed to ount the osts to the goals (A: Information/Eduational, B: Preparation & Coordination C: Strutural hefp en 0: Emergeny Aid). fundraising and management and administration. Alloation of diretly aountable osts are diretly ountable and not diretly aountable osts are alloated on the basis of the desribed liability method in aounting of these aounting poliies. Total programs Fund Management & Budget 2015 Total 2015 A B C 0 raising administration 2014 Salaries and soial seurity 207.127 20.713 72.495 51.782 20.713 20.713 20.713 210.549 285.790 Other personnel 3.625 1.812 1.812 12.637 3.134 Travel/aommodation 17.937 8.968 8.968 11.061 12.795 Offie aommodation 15.418 1.542 1.542 9.636 e 1.542 e 1.156 19.012 28.360 Offie 30.961 e 3.096 e 3.096 18.577 3.096 3.096 32.466 35.190 Printing brohures/news-fetters and info materials 24.226 12.113 12.113 15.570 21.824 Other general expenses 40.384 4.038 4.038 24.230 4.038 4.038 19.398 47.384 Costs own fundraising (DM) 198.667 198.667 157.512 e 182.682 Strutural help 689.688 689.688 969.777 2.711.728 Emergeny aid Total 1.228.034 41.502 91.950 804.694 20.713 240.169 29.003 1.447.982 3.328.887 Explanatory note to distribution of implementation osts aording to programs Salaries in The Netherlands 167.024 Pensions 19.446 Soial seurity 30.843 Sikness benefit payment 10.185-207.127 Pension The foundation has arranged a pension settlement for her employees. The settlement onerns a defined-ontribution arrangement. 2014 216.142 26.587 45.008 1.947-285.790 Budget2015 152.196 24.900 33.453 210.549 Salaries In The Netherlands: end of 20156 part-time employees.the number of full-time employees averages at 3,4 (2014: 4,4). The salaries are raised with 1% per January 1, 2015. There was no payment for other members of the Board of Diretors and no payment for the Board of Trustees. Payment diretor The supervisory body has determined the remuneration poliiy, the level of exeutive remuneration and the level of other remuneration omponents. Periodially the poliy of remuneration will be updated. The last evaluation was in 2015. In determining the remuneration and the determining of the salary Childslife follows the 'Advie Regulation Remuneration for Diretors of harities' of VFI and the Code Wijffels(2005). The Advie regulation gives, using severity riteria, a maximum norm for the annual inome. The weighing of the situation at ChildsLife resulted in a so alled BSD-sore of 380 points with a maximum annual inome (2010) of EUR 98.257. Forthe benhmarking relevant annual inome of the diretor was in 2015 (0,8 FTE/12 months) EUR75.105. This salary is within the maximum norm. In the overview written below is the annual inome of the diretor defined aording to the Advie of the Code Wijffels. Employment diretor Nature (maturity) indefinite Hours 32 Parttime perentage 80% Period 01/01-31/12 Salary (EUR) Yearly inome Gross salary 69.119 Holiday payment 8% e 5.986 Total yearly inome 75.105 Soial Se. osts (employers part) 9.127 Pension osts (employers part) 12.557 Total other harges and fees 21.684 Total salary 2015 96.789 Total salary 2014 103.649 Other personnel 2015 2014 Budget2015 Interim 1.797 Employers osts lng/other (sponsored) 1.600 12.000 Other 1.828 1.535 637 3.625 3.135 12.637 ChildslifeAnnual Report W15
Travel/aommodation Commuting allowane Domesti travel Travel abroad (on behalf of the projets) 500 1.991 15.446 17.937 Z014 1.001 2.243 9.551 12.795 BudgetZalS 711 1.500 8.850 11.061 Offie aommodation Rent Energy and water Cleaning Warehouse Other Z015 11.160 4.198 365 305-15.418 Z014 19.281 5.107 1.735 1.627 610 28.360 Budget ZOlS 11.160 6.532 120 650 550 19.012 Offie Telephone/internet ICT ICT (sponsored) Memberships Bank harges Postage Depreiation tangible fixed assets Offie supplies Other ZOlS 8.224 9.004 3.230 812 1.265 3.613 785 4.028 30.961 Z014 9.554 9.630 4.633 1.040 1.993 4.229 377 3.735 35.191 Budget ZOlS 7.356 8.184 3.000 2.975 1.010 1.932 3.379 850 3.780 32.466 Distribution of implementation osts aording to programs BudgetZalS Prodution osts 24.226 24.226 e 21.825 21.825 15.570 15.570 Other general expenses Insuranes Auditor's feel administration Car Waste disposal Civil-law notary's fee and lawyer's fee Costs for appraiser Other Corporate sponsoring e 2.964 27.081 1.506 856 467 635 4.950 1.924 40.384 Z014 3.339 23.734 1.790 804 60S 17.113 47.385 BudgetZalS 3.062 14.000 1.588 748 19.398 Cost own fundraising Prodution and postage Diret Mail Thank-you letters Diret Mail Bank harges Retainerfee Diret Mail Inasso asts Database management Advertising and promotion Advertising and promotion (sponsored) ZOlS 98.135 4.561 4.093 6.360 4.191 13.112 7.395 60.820 198.667 Z014 89.680 5.985 5.533 6.360 5.083 13.112 10.261 46.668 182.682 BudgetZalS 101.571 7.871 5.500 6.420 5.340 13.200 15.610 2.000 157.512 Strutural Help Own projets: Romania Kenya Moldova Burkina Faso Tanzania Other projets ZOlS 479.127 200.312 10.250 689.688 Z014 662.504 410.895 1.624.195 7.216 500 6.418 2.711.728 BudgetZalS 212.328 207.449 550.000 969.777 ChiidslifeAnnuaiReport201S
Budget2016 Budget for the year 2016 2017 Fundraising Inome from fundraising - Colletions/ Speial Events 5.000 5.500 Inome shools 12.000 12.120 Corporate donations 23.100 23.331 - Mailing ations 185.800 187.658 - Gifts-in-Kind 265.000 278.250 - Donations 255.608 258.164 - Legaies - Diret debit 118.992 120.182 - Foundations 122.000 123.220 - Notary deed of gift 31.612 34.773 - Sponsored servies 4.850 5.335 - Credit interest 150 165 - Other inome 1.024.112 1.048.699 ChildsLife Annual Report 2015 Gewaarm)rkt d.d..3/b lib H~ening
Budget for the year 2016 2017 Expenditure to the projets Information/ Eduational ("A") Implementation osts 40.051 40.451 Preparation and Coordination ("8") Implementation osts 111.604 112.721 Strutural Help ("C") To projets in goods 170.000 178.500 To projets with donated funds 242.990 250.280 Implementation osts 137.048 138.420 Emergeny Aid ("0") Diretly provided help Implementation osts in The Netherlands 24.948 25.197 Total to expend on the programs 726.640 745.569 Casts of fundraising (In) diret fundraising osts 129.900 133.797 Implementation osts 40.051 40.452 169.951 174.248 Management and administration 34.442 35.135 Total osts 931.033 954.952 Country ( "C") Amount in Burkina Faso 5.000 Kenya 181.120 Romania 100.000 Moldova 126.870 412.990 ChildsLife Annual Report 2015
Long range budget 2016-2018 2016 Salaries and soial seurity Other personnel Travel/aommodation Offie aommodation Offiœ Printing brohures/newsletters A B o 24.948-1.946 5.561 87.316 7.255 7.052 1.946 5.561 62.369 7.255 7.052 12.163 33.365 24.948 - - Management Fund and Total raising administration finanial year 24.948 24.948 249.475 - - 14.510-14.104 1.946 1.460 19.461 5.561 5.561 55.610 and info materials 5.122 - - - 5.122 _ 10.244 Other general expenses _ 2_.4_7_4 2_._47_4 1_4...:,8_44_...; '-- 2_.4_7_4_"-- 2_.4_7...;4_"----'2_4;.;.. 7...:.4.:..,:0,- Total osts 40.051 111.604 137.048 24.948 40.051 34.442 388.144 ================================================================ Average number of staff Remuneration Remuneration Board of Trustees Board of Diretors Loans, advanes and guarantees given to board members Alloation formulae 5 2 members of whih 1 unremunerated o adjusted to new poliies 2008 2017 A B Salaries and soial seurity Other personnel Travel/aommodation Offie aommodation Offiœ Printing brohures/newsletters 25.197-88.190 7.327 62.992 7.328 7.123 12.285 33.700 Management Fund and Total o raising administration finanial year 25.197 25.197 25.197 251.970 and info materials 5.173 - - - 5.173 _ 10.346 Other general expenses 2_._4_99-7.123 1.966 1.966 5.617 5.617 2._4_9_9 1_4_.9_9_2_ -_ 2_.4_9_9_ 2_.4_9_9 Total osts 40.451 e 112.721 138.420 25.197 40.452 34.787 392.025 ==============================================================~ Average number of staff Remuneration Remuneration Board of Trustees Board of Diretors Loans, advanes and guarantees given to board members Alloation formulae - - - 14.655-14.245-1.966 1.475 19.656-5.617 5.617 56.166 5 2 members of whih 1 unremunerated o adjusted to new poliies 2008 24_._98_7_ Salaries and soial seurity Other personnel Travel/aommodation Offie aommodation Offie 2017 A B Printing brohures/newsletters and info materials Other general expenses Total osts 25.449-1.985 5.673 89.071 7.401 7.194 1.985 5.673 63.622 7.401 7.193 12.408 34.037 o 25.449 - - Fund Management and Total raising administration finanial year 25.449 25.449 254.489 - - 14.802 - - 14.387 1.986 1.489 19.852 5.673 5.673 56.728 5.225 - - 5.225-10.450 2.523 2.524 15.142-2.524 2.524 25.237 40.855 113.847 139.803 25.449 40.856 35.135 395.946 Average number of staff Remuneration Remuneration Board of Trustees Board of Diretors Loans, advanes and guarantees given to board members Alloation formulae 5 2 members of whih 1 unremunerated o adjusted to new poliies 2008 Chifdslife Annual Report 2015