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Our Balance

 
BALANCESHEET YEAR 2006 (synthesis)
click to enlarge

1) In 2005 the income also included the amount given to build the Village

2) The 2005 income is included an extraordinary amount of €. 54.000. Without considering it, the ordinary income have anyway increased of 4,3%.

3) The amount set aside as “future obligations” has the aim to face up those future expenses for the Village needs and for other activities or new projects that are not sustained by specific donations.

4) The amount set aside as “children’s future”, will be necessary to face up the needs connected with the orphans exit from the Village and to sustain the follow up to help them in home building, job start up or university attendance. This to avoid leaving them alone, without support, once they are leaving the Village. This problem will arise in the next three or four years.

We would like to stress that both these amounts are tied up to face up future expenses, always connected with the institutional charity activity, so that all the amount of the income is used for the institutional charity activity

In this way, the support given by the donors is not limited to the moment, but goes on through the years, to ensure the orphans, real aid and support .