Annual Accounts

Annual accounts Annual accounts OPERATING STATEMENT January 1 - December 31 Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues Annual accounts OPERATING STATEMENT January 1 - December 31 Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Annual accounts OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues OPERATING STATEMENT January 1 - December 31 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues Strong institutions SDG 16 Investment on SDGs Organisational development ‐SDG 16 (4%) Investment on SDGs Yes Health SDG 3 Yes SL (2.1) Food SDG2 Yes Strong 15% 10% 2% 19% institutions 4% SDG 16% 34% 16 REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Indirect project expenses Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Indirect project expenses Other activities Total revenues EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses Total expenses EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses Total expenses REVENUES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Income Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Prepaid donations, Beginning of the year Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Indirect project expenses Prepaid donations/grants, End of the year Total revenues EXPENSES Direct project expenses Indirect project expenses Other activities Total revenues EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses Total expenses EXPENSES Direct project expenses Indirect project expenses Other activities Management and general expenses Total expenses Water Sanitation and Health ‐SDG 6 (16%) Health SDG 3 (34%) Capacity building/Education SDG 4 (15%) on SDGs Direct project expenses Indirect project expenses Other activities Indirect project expenses Other activities Management and general expenses Other activities Management and general expenses Total expenses Management and general expenses Total expenses Total expenses Earnings before interest Earnings before interest Interest expenses Earnings before interest Interest expenses Direct project expenses Indirect project expenses Other activities Indirect project expenses Other activities Management and general expenses Other activities Management and general expenses Total expenses Management and general expenses Total expenses Total expenses Earnings before interest Earnings before interest Interest expenses Earnings before interest Interest expenses Food Security SDG 2 (10%) Environment / WASTE Organisational SDG 16 (4%) Management and general expenses Total expenses Total expenses Earnings before interest Earnings before interest Interest expenses Earnings before interest Interest expenses Interest expenses ANNUAL RESULT ANNUAL RESULT ANNUAL RESULT Management and general expenses Total expenses Total expenses Earnings before interest Earnings before interest Interest expenses Earnings before interest Interest expenses Interest expenses ANNUAL RESULT ANNUAL RESULT ANNUAL RESULT SDG 12 (2%) development ‐14.700.000 kr. 6.500.000 kr. 8.200.000 kr. 6.900.000 kr. 329.000 kr. 49.000 kr. Earnings before interest Interest expenses ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Interest expenses ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities Earnings before interest Interest expenses ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Interest expenses ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects ANNUAL RESULT BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities BALANCE SHEET December 31 Assets Other receivables and prepayments Grant receivable Bank account Current assets Total assets Liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities 100% Revenues including volunteer activities 44% Value of volunteers activities 56% Revenues 47% Project expenses 2% Communication and fundraising 0% Other 16.000.000 kr. 60% 40% Other project investment COVID 19 investment Water Sanitation and Health ‐SDG 6 (16%) Health SDG 3 (34%) Capacity building/Education SDG 4 (15%) Food Security SDG 2 (10%) Environment / WASTE SDG 12 (2%) 753.000 kr. 5% Administration Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities Equity Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities

2020 2020 2019 2019

2020 2019 2020 2019 (DKK 1,000) DKK 1,000) (DKK 1,000) DKK 1,000) 2020 2019 2020 2019 (DKK 1,000) DKK 1,000) (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) (DKK 1,000) DKK 1,000) 7.991 9.758 7.991 9.758 7.159 2.964 7.991 9.758 7.159 2.964 -6.952 -7.159 7.991 9.758 7.159 2.964 -6.952 -7.159 8.198 5.563 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) 2020 2019 (DKK 1,000) DKK 1,000) (DKK 1,000) DKK 1,000) 7.991 9.758 7.991 9.758 7.159 2.964 7.991 9.758 7.159 2.964 -6.952 -7.159 7.991 9.758 7.159 2.964 -6.952 -7.159 8.198 5.563 7.991 7.159 -6.952 8.198 7.991 7.159 -6.952 8.198 9.758 2.964 -7.159 5.563 9.758 2.964 -7.159 5.563 7.991 7.159 -6.952 8.198 7.991 7.159 -6.952 8.198 9.758 2.964 -7.159 5.563 9.758 2.964 -7.159 5.563 7.991 7.159 -6.952 8.198 6.190 7.991 7.159 -6.952 8.198 6.190 9.758 2.964 -7.159 5.563 3.589 9.758 2.964 -7.159 5.563 3.589 7.159 -6.952 8.198 6.190 676 7.159 -6.952 8.198 6.190 676 2.964 -7.159 5.563 3.589 827 2.964 -7.159 5.563 3.589 827 -6.952 8.198 6.190 676 378 -6.952 8.198 6.190 676 378-7.159 5.563 3.589 827 672 -7.159 5.563 3.589 827 672 8.198 6.190 676 378 753 8.198 6.190 676 378 753 5.563 3.589 827 672 584 5.563 3.589 827 672 584 6.190 6.190 676 676 378 378 753 753 7.997 7.997 6.190 6.190 676 676 378 378 753 753 7.997 7.997 3.589 3.589 827 827 672 672 584 584 5.672 5.672 3.589 3.589 827 827 672 672 584 584 5.672 5.672 6.190 676 378 676 378 753 378 753 7.997 753 7.997 7.997 201 201 -76 201 -76 6.190 676 378 676 378 753 378 753 7.997 753 7.997 7.997 201 201 -76 201 -76 3.589 827 672 827 672 584 672 584 5.672 584 5.672 5.672 -109 -109 -109 3.589 827 672 827 672 584 672 584 5.672 584 5.672 5.672 -109 -109 -109 753 7.997 201 -76 753 7.997 201 -76 584 5.672 -109 584 5.672 -109 7.997 201 -76 125 125 7.997 201 -76 125 125 5.672 -109 -109 -109 5.672 -109 -109 -109 201 -76 125 201 -76 125 -109 -109 -109 -109 201 -76 125 201 -76 125 -109 -109 -109 -109 -76 125 -109 -125 -109 2020 2019 2020 2019 (DKK 1,000) (DKK 1,000) 2020 2019 (DKK 1,000) (DKK 1,000) -76 125 -109 125 -109 2020 2019 2020 2019 (DKK 1,000) (DKK 1,000) 2020 2019 (DKK 1,000) (DKK 1,000) 125 -109 2020 2019 (DKK 1,000) (DKK 1,000) 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 5.701 3.418 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 5.701 3.418 8.402 8.442 162 250 2.539 4.774 5.701 3.418 8.402 8.442 8.402 8.442 162 250 2.539 4.774 5.701 3.418 8.402 8.442 8.402 8.442 125 -109 2020 2019 (DKK 1,000) (DKK 1,000) 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 2020 2019 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 5.701 3.418 (DKK 1,000) (DKK 1,000) 162 250 2.539 4.774 5.701 3.418 8.402 8.442 162 250 2.539 4.774 5.701 3.418 8.402 8.442 8.402 8.442 162 250 2.539 4.774 5.701 3.418 8.402 8.442 8.402 8.442 162 2.539 5.701 8.402 8.402 162 2.539 5.701 8.402 8.402 250 4.774 3.418 8.442 8.442 250 4.774 3.418 8.442 8.442 2.539 5.701 8.402 8.402 5.701 8.402 8.402 8.402 8.402 8.402 874 874 6.952 874 6.952 0 874 6.952 0 576 2.539 5.701 8.402 8.402 5.701 8.402 8.402 8.402 8.402 8.402 874 874 6.952 874 6.952 0 874 6.952 0 576 4.774 3.418 8.442 8.442 3.418 8.442 8.442 8.442 8.442 8.442 749 749 7.159 749 7.159 61 749 7.159 61 473 4.774 3.418 8.442 8.442 3.418 8.442 8.442 8.442 8.442 8.442 749 749 7.159 749 7.159 61 749 7.159 61 473 0 874 0 874 6.952 6.952 576 576 8.402 8.402 0 0 874 874 6.952 6.952 576 576 8.402 8.402 749 749 7.159 7.159 61 61 473 473 8.442 8.442 749 749 7.159 7.159 61 61 473 473 8.442 8.442 Diagramtitel 0 874 6.952 576 8.402 0 874 6.952 576 8.402 749 7.159 61 473 8.442 749 7.159 61 473 8.442

Tied reserves for projects Non - current liabilities Current liabilities Total equity and liabilitiesTied reserves for projects Non - current liabilities Current liabilities Total equity and liabilities Non - current liabilities Current liabilities Total equity and liabilitiesNon - current liabilities Current liabilities Total equity and liabilities14.000.000 kr. Current liabilities Total equity and liabilitiesCurrent liabilities Total equity and liabilities Revenues including value 0 6.952 576 8.402of 0 6.952 576 8.402 7.159 61 473 8.442 7.159 61 473 8.442 0 576 8.402volunteer activities 14,7 mDKK 0 576 8.402 61 473 8.442 61 473 8.442 576 8.402 576 8.402 473 8.442 473 8.442

Other

Total equity and liabilitiesTotal equity and liabilitiesHow we spend Administration Communication and fundraising 12.000.000 kr. Project expenses our revenue Value of volunteers activities 10.000.000 kr.

8.402 8.402 8.442 8.442

Value of volunteers activities 6,5 mDKK

Revenues including value of volunteer activities 14,7 mDKK Value of volunteers activities 6,5 mDKK

Administration accounts for 9% of our revenue in 2020 (10% in 2019). However, if we include the estimated* value of volunteer activities from project 8.000.000 kr. Revenues 8,2 mDKK Revenues 8,2 mDKK groups and volunteers on mission, administration is at 5 % (4 % in 2019).6.000.000 kr.Other project investment *Estimate based on survey amongst volunteers COVID 19 investment and average hourly fee including overhead based on DANIDA standards. 4.000.000 kr. Project expenses 6,9 mDKK

Other 49 tDKK Communication and fundraising 329 tDKK Administration 753 tDKK

How we spend the fiscal revenue:

How we spend the fiscal revenue:

Project expenses 6,9 mDKK

2.000.000 kr.

BUILDING A BETTER TOMORROW BUILDING A BETTER TOMORROW

Engineers Without Borders - Denmark

Kalvebod Brygge 31, 1560 Copenhagen V +45 7027 4006 Engineers Without Borders - Denmark info@iug.dk – www.iug.dk

Kalvebod Brygge 31, 1560 Copenhagen V +45 7027 4006 info@iug.dk – www.iug.dk