FINANCIAL REPORTS

Statement of Comprehensive Income
2013

N$

US$

US$

9

13, 174, 046

1, 371, 418

12, 753, 160

1, 465, 338

Other Grants

9

4, 434, 710

461, 653

1, 842, 811

211, 739

Finance Income

9

4, 542

473

3, 679

423

Other Income

100, 549

10, 467

1, 286, 289

147,795

Total Income

17, 713, 847

1, 844, 011

15, 885, 938

1, 825, 294

Accommodation & Per Diems

1, 950, 700

203, 068

696, 209

79, 994

Advertising

92, 569

9, 636

34, 573

3, 972

557, 236

Audit Fess

111, 600

11, 618

172, 060

19, 770

557, 236

Children and the Media

45, 750

4, 763

-

Computer Expenses

100, 073

10, 418

188, 246

21, 630

US$

EXPENDITURE

ASSESTS
Non Current Assets
Property, plan and equipment

N$

Basket Funding

2012
N$

US$

INCOME

Statement of Financial Position
2013

2012

N$

2

4, 684, 046
4, 684, 046

445, 921
445, 921

4, 655, 271
4, 655, 271

-

Conference / Workshops and Seminars

283, 845

29, 548

109, 538

12, 586

Current Assets

Consulting Fees

659, 496

68, 653

432, 584

49, 704

Accounts Receivable

Depreciation

41, 085

4, 277

36, 883

4, 238

Distribution / Freights & Postage

108, 343

11, 279

133, 550

15, 345

Grant Fund Un-utilise

-

-

238, 487

27, 402

Insurance

48, 115

5, 009

50, 171

5, 765

Interest Paid

91, 728

9, 549

87, 588

10, 064

Motor Vehicle Running Expenses

11, 131

1, 159

18, 833

2, 164

Office Running Expenses

153, 414

15, 970

158, 547

18, 217

Cash and Cash Equivalents

3
4

Total Assets

69, 738

6, 639

92, 130

11, 028

1, 115, 411

106, 187

5, 352, 547

640, 700

1,185, 149

112, 826

5, 444, 677

651, 728

5, 869, 195

558, 747

10, 099, 947

1, 208, 964

Printing & Stationery

175, 305

18, 249

206, 758

23, 756

EQUITY AND LIABILITIES

Right to Information Campaign

20, 596

2, 144

-

-

Funds and Reserves

Staff Costs

4, 005, 913

417, 016

3, 741, 942

429, 949

Scholarships and Attachments

12, 569

1, 308

30, 295

3, 481

Security

22, 844

2, 378

18, 185

2, 089

Retained Gain / (Loss)
Capital Reserves

5

272, 792

25, 970

(803, 819)

(96, 217)

4, 143, 039

394, 417

4, 143, 039

495, 922

Subscription / Membership Fees

40, 666

4, 233

185, 562

21, 321

4, 415, 831

420, 387

3, 339, 220

399, 705

Telephone, Fax and Internet

195, 148

20, 315

196, 341

22, 560

TFB & RGC Boardsitting Allowance

52, 683

5, 484

18, 950

2, 177

Travel

1, 540, 504

160, 366

663, 553

76, 242

Water & Electricity

68, 208

7, 100

61, 315

7, 045

573, 840

MISA Angola

-

-

-

-

573, 840

MISA Botswana

970, 085

100, 986

950, 449

109, 207

MISA Lesotho

1, 051, 074

109, 417

1, 029, 203

118, 255

MISA Malawi

666, 616

69, 395

838, 930

96, 393

MISA Mozambique

-

-

-

-

MISA Namibia

315, 397

32, 833

469, 289

53, 921

MISA South Africa

-

-

-

-

MISA Swaziland

715, 558

74, 490

916, 350

105, 289

Non Current Liabilities
Deferred Revenue

6

843, 454
843, 454

80, 297
80, 297

4, 793, 984
4, 793, 984

Current Liabilities
Bank Overdraft

4

47, 004

4, 474

13, 988

1, 674

Accounts Payable

7

2, 751

262

1, 049, 695

125, 648

Provisions

8

560, 155

53, 327

903, 060

108, 096

MISA Tanzania

971, 970

101, 182

1, 074, 187

123, 424

235, 419

MISA Zambia

798, 090

83, 081

674, 235

77, 470

MISA Zimbabwe

1, 316, 161

137, 012

1, 416, 412

162, 746

Total Expenditure

16, 637, 236

1, 731, 936

14, 849, 225

1, 706, 176

Surplus for the year

1, 076, 611

112, 075

1, 036, 713

119, 118

609, 910

Total Equity and Liabilities

44

5, 869, 195

58, 063

558, 747

1, 966, 743

10, 099, 947

1, 208, 964

45

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