finances
42
finnish cultural foundation
annual report 2013–2014
(1.000 eur)
2013 - 2014 2012 - 2013
ACTUAL OPERATIONS
Grants
32 221
32 451
Cancelled grants
-1 081
-868
Operational programmes
3 649
2 962
Personnel expenses
1 875
1 758
Depreciation
99
119
General expenses
2 551
1 732
Cost deficit
-39 314
-38 154
FUNDRAISING
Donations for distribution as grants
339
309
Capital donations
7 120
15 954
Expenses
-275
-283
Cost deficit
-32 130
-22 174
INVESTMENT AND FINANCING OPERATIONS
Investment income
44 995
40 638
Investment expenses
-5 699
-4 036
Income on sale of fixed assets
33 219
32 209
Depreciations/revaluations
-5 899
-265
Investment and financi g operations
66 616
68 546
Surplus
34 486
46 372
PROFIT FOR THE YEAR
TRANSFER TO THE CAPITAL FUND
Capital donations
-7 120
-15 954
S
URPLUS/DEFICIT FOR THE FINANCIAL YEAR
2 366
30 418
FOUNDATION AND ASSOCIATION FINANCIAL STATEMENTS 1 OCTOBER 2013 - 30 SEPTEMBER 2014
Income statement
