2024

Income Statement

Budget (a)

Actual (b)

Budget variance (a-b)

Explanation

Income from operational activities:

Interest income

-

57

In 2024, DFCD project received interest (net of bank charges) Eur K 57 on the balance funds avalable at WWF NL. In budget it was not anticipated

Equity

-

-

-

Guarantees

-

-

-

Operational costs:

Direct Costs

237

170

-28%

The savings in Operational Cost of Eur K 68 is mainly due to the savings in external consultant.

Other direct project costs

97

87

-10%

Indirect costs

182

192

5%

This is line with the above direct costs as the office cost is linked to the staff activities

Project donations:

Technical assistance

2,751

2,364

-14%

Grants

1,838

-72

-104%

The grants were lagging due to no Stage I and Enabling project in 2024 against the budget. Under Grants there were were 3 successful projects but contracting delayed to next year 2025.

Total results

-5,105

2,741

-154%

Loans, equity investments and donations

Impact:

Rio 2 Marker

3,578

2,090

-42%

% of (TA+Grants+Interest)

90%

91%

Rio 1 Others

398

202

-49%

% of (TA+Grants+Interest)

10%

9%

Biodiversity

994

591

-41%

% of (TA+Grants+Interest)

25%

26%

Countries:

LDC

994

508

-49%

% of (TA+Grants+Interest)

25%

22%

OS+ Combi

994

1,259

27%

% of (TA+Grants+Interest)

25%

55%

Operational costs

2024

x 1000

Budget (a)

Actual (b)

Budget variance (a-b)

Explanation

Direct personnel costs

A.Staff costs

130

168

29%

B.External consultants and advisers

107

2

-98%

Subtotal I

237

170

-28%

The savings in Operational Cost of Eur K 68 is mainly due to the savings in external consultant.

Other direct project costs

A. Activity costs

10

5

-50%

B.Costs of consortium partners and local party

58

53

C.Travel costs relating to the activity

11

5

-55%

D.Equipment and investment costs

-

-

E. Monitoring, evaluation and audits

18

23

28%

Subtotal II

97

86

-11%

Total of I and II

334

256

-23%

Overhead/indirect costs

A. Costs of support staff

119

101

-15%

B. Not directly attributable administrative costs

-

-

C. Other non-attributable costs

63

91

44%

Subtotal III

182

192

5%

Contingencies (max. 5%)

-

-

Total

516

448

-13%

In 2024, DFCD project received interest (net of bank charges) Eur K 57 on the balance funds avalable at WWF NL. In budget it was not anticipated. The savings in Operational Cost of Eur K 68 is mainly due to the savings in external consultant. The internal staff managed all the activities in 2024. Under Technical Assitance, the expenses were on track. The grants were lagging due to no Stage I and Enabling project in 2024 against the budget. Under Grants there were were 3 successful projects but contracting delayed to next year 2025.

Balance sheet

x €1,000

Budget (a)

Actual (b)

Budget variance (a-b)

Explanation

Gross outstanding prev year

-

-

0%

New Disbursements

-

-

0%

Disbursements prev years

-

-

0%

Repayment

-

-

0%

Gross outstanding

-

-

0%

Debtors/Receivables

-

-

0%

Bank Account balance and other liquidities

-

3,376

0%

Total Assets

-

3,376

0%

Ministry of Foreign Affairs grants

-

20,275

0%

Net result in previous years

-

-16,899

0%

Creditors/payables

-

-

0%

Total liabilities

-

3,376

0%