Balance Sheet as of 31 December 2010 All figures shown are in USD 2010 2009
Note
USD
USD
ASSETS CURRENT ASSETS Cash and bank accounts 5.1 7,809,674 5,264,188 Donor receivables 5.2 20,471,748 11,493,237 General receivables 5.2 91,072 85,041 Inventory 49,734 41,240 Prepaid expense 231,810 407,209 28,654,038
17,290,915
LONG-TERM ASSETS Financial assets 243,237 124,552 Fixed assets 5.3 1,302,374 1,299,777 1,545,611
1,424,329
TOTAL ASSETS
30,199,648
18,715,244
CURRENT LIABILITIES Deferred revenue 5.4 19,445,919 7,811,918 Accounts payable 5.5 778,222 539,498 Short-term debt - 1,926,782 Current maturities of long-term debt - 202,435 Accrued liabilities 355,783 174,375 Provisions 5.6 180,279 193,664 20,760,202
10,848,672
LONG-TERM LIABILITIES 5.7 Severance benefits 162,800 188,847 Long-term debt 162,800
188,847
RESTRICTED FUNDS 2.18 Restricted income funds 660,308 683,916 Restricted programme funds 1,713,950 364,329 2,374,258
1,048,245
UNRESTRICTED FUNDS 2.19 Unrestricted capital 962,827 1,081,161 Allocated capital 5,939,564 5,548,322 6,902,391
6,629,484
LIABILITIES AND FUND BALANCES
TOTAL LIABILITIES AND FUND BALANCES
54
MEDAIR Consolidated 2010 Annual Financial Statements
30,199,648
18,715,244