[Table of Contents]

[Financial Statements]

 

Statement of Activities and Operating Fund
FOR THE YEARS ENDED 31 DECEMBER 1998 AND 31 DECEMBER 1997
(IN US $’000)

 

1998

1997
 

Agreed Research Agenda
Unrestricted Restricted Total

Total

Revenues
Grants 7,560 3,726 11,286 10,312
Other revenues 413

-

 413 376
Total revenues

7,973

3,726

11,699

10,688
Operating expenses
Research programmes

3,735

3,726

7,461

7,024
Research support

899

-

899

1,054
General administration 2,702 - 2,702 2,495
Total operating expenses 7,336 3,726 11,062 10,573
Changes in operating fund 637 - 637 115
Operating fund at the beginning of the year 4,628 - 4,628 4,513
Operating fund at the end of the year 5,265 - 5,265 4,628
Operating expenses : 3,621 1,006 4,627 4,442
Personnel costs
Supplies and services 2,278 126 2,404 2,010
Collaborative activities 437 2,387 2,824 3,057
Operational travel 520 207 727 601
Depreciation of fixed assets 480 - 480 463
Total operating expenses 7,336 3,726 11,062 10,573