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Financial statement

The Heineken Africa Foundation was created in December 2007. This income statement is for the period 01 January 2009 to 31 December 2009.

Income statement for the period 01-01-2009 to 31-12-2009

in EUR

Revenue
Interest income - deposit 544,574.83  
Interest income - current account 730.66  
Interest income   545,305.49
Expenses
Payments to projects (2009) 396,939.09  
Consultancy costs 2,500.00  
Reimbursed expenditures 57.12  
Other costs 154.59  
    399,650.80
 
Result 2009   145,654.69

Balance sheet as at 31-12-2009

in EUR

Assets
 
Current Assets
Interest Bearing Deposit 10,645,431.38  
Bank - current account 21,874.30  
Cash at bank   10,667,305.68
Debtors   5,076.54
    10,672,382.22
Equity and liabilities  
Equity 10,526,727.53*
Result 2009 145,654.69
Equity available for the achievement
of the goals of Heineken Africa Foundation

10,672,382.22
   
* Of which already committed for projects 457,182.21

For more information, see the annual reports of the Foundation published in 2009 and 2010.