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Memorandum on Accounts for 2011
We have a positive outcome of 2011, the total result of the year is before reservations a surplus of 381 572 !. In Tallinn last year we decided to make a provision of 125 000 ! to our funds. If we deduct that we still have 256 572 ! as surplus. The surplus emanates partly from the fact that we had an extra income in the carry-over of 240812 ! from 2010 since we did not change the budget accordingly. But we also have a small income surplus on our own resources of 27136 ! compared to budget.
Financial Accounts 2011- PDF link here
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