EKONID
ANNUAL REPORT
2012
36
The financial position of EKONID was audited as of December 31st, 2012 by the independent, registered public
accountant Drs. Bayudi Watu & Rekan in accordance with the accounting principles generally accepted in the
Republic of Indonesia.
Reflecting its character as a non-for-profit organization, EKONID’s financial statement is dominated by cash
and cash equivalents. As income EKONID receives contributions from its members, fund for development
projects, income from business promotion and trade fair activities. The subsidies from the German govern-
ment and other government or institutional funded projects are displayed.
Overall EKONID was able to fulfill its obligations towards the authorities, its staff as well as suppliers and is at
the end of the year 2012 in a financially sound position.
2011
2012
CASH RECEIPTS
IDR
IDR
Membership Income
1.515.996.539
1.525.436.789
Service Income
4.293.748.694
5.334.515.985
Publications
642.398.582
227.602.461
Trade Fairs
1.372.110.233
1.693.465.232
Grant Project
7.404.867.055
7.649.219.760
TOTAL CASH RECEIPTS
15.229.121.103
16.430.240.227
Expenditures
Personnel expenditures
(7.291.108.451)
(8.289.986.340)
Operating expenses
(8.858.163.382)
(9.085.460.524)
NET CASH FOR OPERATING ACTIVITIES
(920.150.730)
(945.206.637)
Net cash (used in) / provided by investing activities
(908.056.483)
(268.645.675)
Subsidies from Germany
1.592.973.638
1.787.294.839
Funding for JERIN Events
865.260.836
(788.619.568)
Saving for Employee Benefit Obligation
0
(132.199.509)
NET INCREASE / (DECREASE) IN CASH
AND CASH EQUIVALENT
630.027.261
(347.376.550)
Cash and cash equivalent at the beginning of year
1.400.160.696
2.030.187.957
Cash and cash equivalent at the end of year
2.030.187.957
1.682.811.407
STATEMENT OF RECEIPTS AND EXPENSES ON CASH BASIS
FINANCIAL REPORTS
