MEDIA INSTITUTE OF SOUTHERN AFRICA FINANCIAL REPORT (DRAFT) FOR THE YEAR 01 APRIL 2006 TO 31 MARCH 2007 Submitted to MISA Basket Fund Donors: Royal Danish Embassy, Lusaka Swedish Embassy, Lusaka Royal Norwegian Embassy, Pretoria HIVOS Regional Office Southern Africa, Harare June 2007, Windhoek, Namibia CONTENTS 1. Introduction & Overview ...............................................................................................................................................................54 2. Variance Report Summary Notes ..................................................................................................................................................55 3. Auditor’s Report .............................................................................................................................................................................56 4. Detailed Income & Expenditure Statement.............................................................................................................................57-59 5. Balance Sheet ................................................................................................................................................................................60 53